The DBEDT has released the visitor statistics for July and, as expected, they were dismal. Here are the key findings and their likely impact on Maui real estate:

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According to the Commerce Department:

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We are pleased to announce the sale of 3387 Kuaua in Maui Meadows. This extraordinary property sold to sophisticated buyers along Maui's oceanfront. We are also pleased to announce the sale of 50 Hoohale in Kilohana Ridge. These transactions demonstrate the power of the Leading Edge Marketing System and the value of out proprietary market research. To see how these can work for you, contact us!

Standard and Poor's has released their Case Shiller Index results through June. Here are their key findings:

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We promised a specific proposal to try to address the TVR fiasco now going on regarding Maui real estate. Well, here it is.

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One of the major issues facing Maui real estate today is the topic of Transient Vacation Rentals in areas not zoned for hotels or apartments. Here are our thoughts:

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While the tourism numbers have been lousy, over the past few days the general activity level has picked up. We have been getting more inquiry and we have been having more showings. Finally things seem to be picking up, at least a little, for Maui real estate.

Bank of Hawaii Chief Economist recently gave a presentation to the Realtors of Maui on the national economy, local economy and the outlook for Maui real estate.

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The Department of Business, Economic Development and Tourism has released Maui's tourism numbers for June. They were awful. Here are the lowlights:

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