I was working late in Wailea, and could not resist this beautiful sunset.
Hope you enjoy it for Aloha Friday. This is a Papali Wailea Maui.

With winter coming upon us, we are experiencing the Maui real estate market picking up in Kihei Maui. This is usually our slowest time of the year. What is happening is, buyers are taking advantage of prices coming down to an all time low, and interest rates also hard to ignore.
If you been waiting to purchase a condos in Kihei Maui, there has never been a better time. Homes in Kihei and Maui Meadows are offering great values.
So if you in the market for Maui real estate, give me a call. You can sign up for email updates, or my monthly newsletter. It doesn't take into consideration that Maui is one of the most beautiful places in the world.

Current Hoolei Wailea Maui units for sale
Our company The Wailea Group,LLC, has had the privilege of representing this quality project from the beginning. I have been a member of the sales team on Hoolei Wailea, with other top agents from The Wailea Group. With my experience, I hope I can help you with information if you are looking at purchasing a Hoolei unit. If you are looking at selling your unit, call me for an appointment to discuss the marketing of your property.
Hoolei features include the following information!
Hoolei Wailea Maui condominiums offers luxury living in two story townhomes. Ho'olei Means in Hawaiian to give a Lei. Hoolei is a place to welcome you to island
Style living in a quality setting in Wailea Maui. At Hoolei you will also enjoy the benefit of membership at The Grand Wailea Hotel and Spa. The units at Hoolei offer three different floor plans according to the square footage of each unit.
Each unit is beautifully appointed with quality interior finishing you would expect from Hoolei. Each unit has its own elevators and private garage. There are a 120-units, spread out over 30 acres. Many of the units offer amazing ocean views and beautiful sunsets.
Hoolei Services include
Recreational Amenities include
As owners you will enjoy golf privileges at the Wailea Gold, Wailea Blue, and Wailea Emerald golf courses. Also preferred membership at the Wailea Tennis Club.
For more information on Grand Wailea Kulana Club benefits. Select info at Grand Wailea. Also to view floor plan information and details, select floor plan tab.
So there you go, Wailea's newest completed project. Located across from Wailea Maui World Class Beaches. Also enjoy The shops at Wailea, for shopping and fine dinning. Stop in at The Wailea Group to learn more about Hoolei Wailea Maui Condominiums.
CMA Summary Report
| Condominium Summary Statistics |
||||
| High | Low | Average | Median | |
| LP: | $2,995,000 | $1,800,000 | $2,402,666 | $2,347,500 |
| SP: | $0 | $0 | $0 | $0 |
| Condominium - Active |
| Bldg Nm | Unit | Bds | Bths | Year Built | Liv-SF | DOM | LP | $/Liv-SF | SP | $/Liv-SF |
| Hoolei | T6 (24-6) | 3 | 3.50 | 2008 | 3076 | 168 | $1,800,000 | $585.18 | ||
| Hoolei | T1 (24-1) | 3 | 3.50 | 2008 | 3076 | 169 | $1,800,000 | $585.18 | ||
| Hoolei | P2 (31-2) | 3 | 3.50 | 2008 | 2426 | 316 | $2,100,000 | $865.62 | ||
| Hoolei | P5 (31-5) | 3 | 3.50 | 2008 | 2426 | 316 | $2,100,000 | $865.62 | ||
| Hoolei | P3 (31-3) | 3 | 3.50 | 2008 | 2619 | 214 | $2,150,000 | $820.92 | ||
| Hoolei | O-4 | 3 | 3.50 | 2008 | 2619 | 47 | $2,175,000 | $830.47 | ||
| Hoolei | P1 (31-1) | 3 | 3.50 | 2008 | 3076 | 127 | $2,200,000 | $715.21 | ||
| Hoolei | O6 (21-6) | 3 | 3.50 | 2008 | 3076 | 165 | $2,200,000 | $715.21 | ||
| Hoolei | N5 (15-5) | 3 | 3.50 | 2008 | 2426 | 167 | $2,200,000 | $906.84 | ||
| Hoolei | N4 | 3 | 3.50 | 2008 | 2619 | 15 | $2,495,000 | $952.65 | ||
| Hoolei | K5 | 3 | 3.50 | 2008 | 2426 | 118 | $2,495,000 | $1,028.44 | ||
| Hoolei | I-6 | 3 | 3.50 | 2008 | 3076 | 35 | $2,498,000 | $812.09 | ||
| Hoolei | G-1 | 3 | 3.50 | 2007 | 3076 | 458 | $2,575,000 | $837.13 | ||
| Hoolei | O-1 | 3 | 3.50 | 2008 | 3076 | 18 | $2,800,000 | $910.27 | ||
| Hoolei | G-6 (93-6) | 3 | 3.50 | 2007 | 3076 | 362 | $2,875,000 | $934.66 | ||
| Hoolei | B2 (63-2) | 3 | 3.50 | 2008 | 2426 | 356 | $2,890,000 | $1,191.26 | ||
| Hoolei | E3 | 3 | 3.50 | 2008 | 2619 | 186 | $2,900,000 | $1,107.29 | ||
| Hoolei | E-6 | 3 | 3.50 | 2008 | 3076 | 13 | $2,995,000 | $973.67 | ||
| Avg | Avg | Avg | Avg | Avg | ||||||
| 180 | $2,402,666 | $868 |

First time home buyer credits extended by President Obama. This is good new for those who time ran out to purchase your new home. He signed legislation extending the $8,000 first time home buyer credit. They also created a $6,500 tax credit for longtime homeowners who are buying new homes. Under the new law, the credits are available to qualifying buyers who sign a binding contract by April 20, 2010, and who close by June 30, 2009 You are considered a first time home buyer if you have not owned a home for 3-years. A credit is available only for the home you are going to live in. For the first time home buyer, the credit is 10% of the purchase price up to $8,000 credit. The credit does not have to be repaid if you live in the home for 3-years.
Long-time home owners can get a credit; the maximum is $6,500, up to $800,000 purchase amount. Income levels for singles $125,000 to $145,000 and $225,000 to $245,000 for married couples. To quality for $6,500 tax credit you have to have lived in your home for 5-years or more.
So for more information on purchasing Maui real estate, give me a call. There currently are some great buys out there. You can also go to my site to search all Maui condos for sale, and Maui homes for sale on the market.

Aloha,
Steven Nickens R(S), GRI, ABR
The Wailea Group,LLC
3750 Wailea Alanui, Suite 5WE
Wailea, Maui, Hawaii 96753
Cell: 808-280-2208
Email: nickens@maui.net
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