There were no new listings or sales in Maui Meadows this week.

Preliminary statistics released Thursday showed visitor arrivals to Maui were up 1.5 percent in June, but spending for the month was down 10.1 percent. For the first six months of 2007, arrivals were up 1.6 percent to 1.2 million, but spending was down 3.4 percent to $1.68 billion, compared to $1.74 billion in 2006.

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It has been a very busy and volatile week in the financial markets and we wanted to provide some rudimentary idea of what is going on and why. Here is a very short synopsis.

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Is now Tom and Sean's listing of 766 Lanina. This lot has a 700 square foot cottage already built and rented and a 1/2 acre lot waiting to be built. At the new price of $674,000, this is a deal. For more information, click on right or contact us!

Another ugly housing report:

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Several trends in the last week are outlined by Morgan Stanley here.

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This oughtta be fun!

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In the first half of 2007, condominium sales volume ran about flat to 2006's pace. Oceanfront complexes represented just over half of all units sold. Overall prices declined by 12% from 2006 levels but per square foot prices actually increased by 14%. Oceanfront values declined as no Wailea Point units sold, but per square foot values rose 2%. Mountainside complexes were just about flat in the aggregate. For more information, contact us!
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The National Association of Home Builders released their monthly survey today:

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Just so we all remember why we come here!