As a consumer, it can be difficult and time consuming to keep tabs on all of the moving parts of the current real estate market. If you aren’t able to effectively understand what is going on in the market, it becomes very difficult to be able to position yourself to take advantage of the market conditions. Our goal here at Prudential Locations, is to give consumers like you insight into the current conditions of Hawaii’s real estate market so that you are well informed and can make the most out of the opportunities that are available to you in today’s market.   [More] 

Choosing the right investment property isn’t rocket science but it isn’t a simple equation, either. Approaching it with thoughtful consideration and enlisting the expertise of a real estate professional can help you find the right first property for you.

Know your goals. Are you looking for a long-term or short-term investment? How do you want to make money from this investment? Are you looking for ongoing income, long-term investment, or do you want to renovate a property and flip it for a profit?

Know your abilities. How much money do you have to invest and how will you fund ongoing costs, such as condominium maintenance fees and property taxes? Investment financing requires a larger down payment of 30 to 35% down. Today’s financing is means that your buying power is greater than it was just a few years ago.

Find an expert you can trust. A real estate agent who specializes in investment properties and knows your goals can help you work out your financial equations and guide you to the right property. [More] 

Key Observations:

First quarter sales statistics reveal some interesting trends in the Maui real estate market. Single family sales increased by 6.1% to 208 units while condominium sales remained flat. Median sales prices of single family homes remained stable with condominium prices increasing a notable 6.3 percent to $340,000. [More]