It was just announced that beginning November 1st, first-time home buyers on Maui can receive assistance with a down payment and/or closing costs through a new program, First-Time Home Buyer's Grant, through the County's Department of Housing and Human Concerns.
Evergreen Home Loans, located at 173 Hoohana St., Suite 104, Kahului, has been contracted to help administer this program.
Grant applications will be available at the Evergreen Home Loans location on November 1st, however, applicants are not required to obtain a first mortgage from Evergreen Home Loans in order to apply for the grant.
A maximum of $15,000 per grant is allowed per applicant. In order to qualify, you must meet the following requirements:

Applicants must also not exceed the following household income limits:
In addition, applicants are not required to repay the grant unless the grantee:
For more information, call Evergreen Home Loans at 808-873-3480
This Saturday is Halloween so don't miss out on some of the ghoulishly festive events going on around Maui.
Friday, October 30: Lahaina Gateway Shopping Center is hosting a "Keiki Trick-or-Treat Night" from 5 pm to 8 pm. Stores and restaurants will be handing out treats to your little ones. This event is for children 12 and under. 
Halloween, Saturday, October 31st: Downtown Paia is the place to take your kids trick-or-treating on Halloween night. Stores and restaurants have decorated their storefronts and will be handing out candy from 5 pm to 7 pm. Activities are also planned to entertain the crowds. Flatbread Pizza is hosting a keiki costume contest at 5pm. Visit the 'haunted spa' at Maui Ocean Spa for $1 donation to the Boo Boo Zoo. DJ Michael Fong will be playing music from 6 pm to 8 pm from atop the Green Banana decorated as a haunted house. Cafe Mambo is hosting a Karaoke and a costume contest. Then from 10 pm to 2 am, show off your unique costumes at Charley's or Jacques, where they both will be offering costume contests and great music.
Head on down to Kihei at Piilani Village Center, for "Halloween Rock-tober" beginning at 3pm at the center stage next to the Food Court. Gift certificates will be awarded to the best costumes for adults and kids A Karaoke Sign-Off contest is scheduled at 3pm for elementary students, 4 pm for high school students, and 5 pm for adults. Duster the Clown will also be there to entertain the kids, and as well as free balloons, face painting, and temporary tattoos. Stores will also be handing out treats all afternoon to the kids.
If you are in the mood for something a bit more extravagant, the J Walter Cameron Center is hosting "A Halloween Spooktacular" at the Wailea Marriott Resort & Spa starting a 6 pm. A costume ball, live entertainment, dinner, and silent and live auctions are all planned for the adults, as well as dancing to the music of Jimmy Mac and the Kool Kats. Bring the kids along so they can enjoy the Keiki Haunted Fun House for those 12 and under from 4 pm to 7 pm. Keiki care will also be provided from 6 pm to 10:30 pm. Ticket prices begin at $125, with sponsorship opportunities beginning at $1,500. Call 344-8880 for more details.
Gian Don's in Kihei is hosting an evening of fun at their spooktacular event, "HalloQueen". A $100 cash prize will awarded for the best costume. Live entertainment will include a special appearance by Annabelle. There will be 2 separate shows, beginning at 9:30 pm and 11:30 pm. Tickets are $10 in advance or $15 at the door.
Lahaina is always a popular destination on Halloween. The annual Keiki Halloween Costume Parade begins at 3:30 at Papalaua Street, then heads down along Front Street and then ending at the Banyan Tree Park. Afterwards, a costume contest for Keiki takes place at the Wharf Cinema Center from 6 pm to 7 pm, followed by the annual Ghoulish Gala Karaoke Costume Contest from 7 pm to 9:30 pm. Then, head on down to Cool Cat Cafe where Marty Dread will be playing from 10 pm to 1 am. From 9:30 to 12:30 am, stop by Mulligan's at the Wharf where Sounds of Addiction will be playing.
Ongoing Haunted Houses: Visit The Historic Ioa Theater's Haunted House on October 29th and 30th from 6 pm to 9 pm, then on October 31st from 6 pm to 10 pm. In addition to the scary haunts, a couple special dance performances will take place in the theater, "I Put a Spell on You" and "Thriller".
In Lahaina, visit the Wharf Cinema Center's Haunted House going on now through October 30th. The kid-friendly shows are from 1 pm to 6 pm and the scarier shows for adults run from 6 pm to 10 pm. On Halloween night it begins at 1 pm until the "coffin closes".
Happy

One of my favorite places to go for Happy Hour on Maui is at the Five Palms Beach Grill in south Kihei.
I love the shaded, outdoor seating, wonderful menu items at GREAT prices, and of course, the beautiful ocean views.
Located on the ground floor of the Mana Kai Maui Resort, the restaurant overlooks the beautiful Keawakapu beach.
The island views of Molokini and Kahoolawe are especially beautiful as the sun begins to set in the late afternoon.
During whale season (early November through late April) you can enjoy watching the humpback whales frolic in the distant waters.
I always look forward to that time of year!
Happy hour time at Five Palms is generously scheduled from 2 pm through 7 pm and again at 9pm to 11pm everyday!
Beer, wine, and cocktails during those times range in price from $2.50 to $5.00. You can't beat that! I love their Mai Tai's :).
Also, pupus (or appetizers) and sushi from their happy hour menu are 50% off from 3pm to 7 pm everyday.
Five Palms Beach Grill also serves breakfast, lunch, and dinner. Check out their website for menus and additional information.
If on Maui, definitely stop by! It's the perfect place to go to relax and enjoy the beautiful day. I like how it makes me feel like I'm on vacation, yet I don't have to leave :).
Maui did it again! It was voted 'Best Island in the World' by Conde Nast Traveler Readers' Choice Awards poll, for the 15th time.
Maui was also voted 'Best Pacific Island' for the 19th straight year.
It's not hard to see why. It's easy to fall in love with the island's beauty with its glorious sandy beaches, lush rainforests, and mountainous terrain. But it's also about the people.
The people of Maui spreading the Aloha Spirit that touches the hearts of visitors and residents alike. I've never lived in a more friendly community where people truly care about others and who will go out of their way to help them.
I've been touched by kindness many times here, and it would not be something I ever would have expected in the places I've lived on the mainland.
Yes, Maui is certainly beautiful, but the spirit of the island and of its people is what truly sets it apart.
Condo sales on Maui are slightly decreasing, according to the Realtors Association of Maui. For the year ending September 30, 2009, condo sales were down 9% island-wide, which is a difference of 64 condo sales.
However, when looking at the quarter ending September 30, 2009, to the previous quarter, condo sales were up 163%! More condos were sold in the third quarter of this year compared to the first 2 quarters of 2009 combined.

Kiheisaw a 61% increase in number of condo sales for the third quarter compared the previous quarter, which is increase of 31 units. Wailea/Makena, however, experienced a 16% drop in condo sales, but only a difference of 3 units. Kapalua gained 3 more condo sales, which was an increase of 150%. In Lahaina, 21 more units were sold in the third quarter, which is an increase of 210%!

The median price of condo on Maui decreased 14% to $491,250 at the end of September 2009 compared to the same time last year. In Kihei, the median price dropped 27% to $305,000. In Wailea/Makena, the price dropped 31% to $1,620,000. Kapalua experienced a 25% price drop to $709,500, and Lahaina experienced a decrease of 15% to $410,000.
Inventory of condos on Maui shrank 15% since April 2009, and which consists mainly of short sale and bank owned properties. In order for prices to start to rise, these distressed properties need to sell.
Buyers, this is a fantastic time to take advantage of the low condo prices, low interest rates, and a large inventory of properties from which to choose.
Sellers, only list your condo if you must sell. Because of the competition of other properties, your condo must be priced correctly, be in better property and showing condition, and you may need to be flexible with terms, such as lease-with-option-to-buy.
For information on the residential housing market, please see my previous post.
If you are interested in buying or selling a home or condo on Maui, please contact me. I would be happy to assist you!
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