Breaking News Alerts

We'd like to send you alerts when breaking news happens. Hide this Message

Press "Allow" to Activate

Search
Aloha, !
My Profile | Logout
Aloha, Guest!
Login | Register
  • News Topics
    • Front Page
    • Maui News
    • Business
    • Arts & Entertainment
    • Maui Wildfires
    • Maui Election
    • Food & Dining
    • Real Estate
    • Hawai‘i Journalism Initiative
    • Crime Statistics
    • Local Sports
    • Opinion
  • Weather & Surf
    • Weather Forecast
    • Surf Report
  • Lifestyle & Culture
    • Maui Arts & Entertainment
    • Food & Dining
    • Obituaries
    • Real Estate
    • Visitors' Guide
  • Events Calendar
    • Upcoming Maui Events
    • Events Map
    • Post an Event
  • Job Listings
    • Maui Jobs
    • Recent Job Listings
    • Job Alerts
    • Post a Job
  • Special Sections
    • Hawaii Journalism Initiative
    • IMUA Discovery Garden
    • Medical Minute
  • × Close Menu
  • About Maui Now
  • Newsletter
  • Contact Us
  • Get the App
  • Advertising
  • Meet the Team
Choose Your Island:
  • Kauai
  • Maui
  • Big Island
Copyright © 2025 Pacific Media Group
All Rights Reserved

Privacy Policy | About Our Ads

Maui Now
Search
Aloha, !
My Profile | Logout
Aloha, Guest!
Login | Register
    Maui Now
  • Sections
  • Maui News
  • Wildfires
  • Business
  • Weather
  • Surf
  • Entertainment
  • Visitors' Guide
  • Jobs
  • Obituaries
  • HJI

Real Estate

Top Four Reasons for Buying a Maui Home Now 

February 16, 2016, 11:11 AM HST
* Updated February 16, 11:12 AM
Play
Listen to this Article
2 minutes
Loading Audio... Article will play after ad...
Playing in :00
A
A
A

Now may be the best time to invest in a home or rental property on Maui. Image provided by Alexandra Mitchell.

Now may be the best time to invest in a home or rental property on Maui. Image provided by Alexandra Mitchell.

Everyone wants to live on Maui. Here are four reasons why now may be a good time to invest in a home or rental property.

1. Home Prices are On the Rise

The Hawai‘i real estate scene has always attracted international buyers and part-time home buyers, which can create some stiff competition for Hawai‘i residents. But it’s a bit tricky to gauge when to buy on Maui and when to sell.

Currently, prices on Maui are on the rise. Although buyers are still looking for a bargain, short sale and foreclosure inventory are less commonly found. Competition for market-rate properties is challenging, but not impossible.

ARTICLE CONTINUES BELOW AD
ARTICLE CONTINUES BELOW AD

2. Maui Rental Prices are Super-High

If you’re looking to buy for investment reasons, buying a long-term rental property is a pretty good idea. It has become increasingly difficult to find rental properties on Maui; investors are looking constantly. Having a consistent, long-term tenant is one of the best ways to secure a Maui property investment.

Due to the recent changes in Maui County vacation rental and B&B legalities, a lot of those folks who were renting their properties on VRBO or Airbnb are now only able to rent to residents—not visitors.

Vacation rental landlords were used to making more profit per month from their B&Bs, and still want that income. In addition, the majority of available and high-priced Maui rentals are being offered fully furnished, providing yet another excuse to hike that monthly price back up.

ARTICLE CONTINUES BELOW AD

So, buying a Maui property for the purpose of renting to Maui residents is a good idea. They are always looking for a solid deal.

3. Increases in Inventory

With an increase in Maui properties for sale, the market is beginning to stabilize. This is not just happening on the Valley Isle, but is also being forecast on in national real estate trends.

Even Lawrence Yun, chief economist for the National Association of REALTORS, said, “Inventories are at their highest level in over a year, and price gains have slowed to much more welcoming levels.”

ARTICLE CONTINUES BELOW AD

This statement supports that buyers now have more choices.

4. Low Interest Rates

Interest rates are still low, but won’t be for long. Taking advantage of today’s lower interests rates would be advantageous for Maui property buyers. According to kiplinger.com, interest rate forecaster David Payne reports that the Federal Reserve is raising rates in 2016. It is expected that there will be a moderate growth and two increases this year.

As the Maui real estate market starts to see more action, we can expect interest rate increases. That means that monthly mortgage payments will increase, too.

Mahalo for reading “Top Four Reasons for Buying a Maui Home Now.”

What do you think are the best reasons to buy property now on Maui? We welcome all comments, and would love to hear what some Maui Realtors think…

 

ADVERTISEMENT

Sponsored Content

Maui Jobs View All Jobs Chevron Forward

Maui Health System
Psychiatric Aide - Maui Memorial Medical Center
Central Maui · 1 month ago

Maui Health System
Nursing Supervisor Staff Development Education Training - Maui Health
Upcountry Maui · 1 month ago

Maui Gold Pineapple
Fresh Fruit Processing Plant: Maintenance Technician
Upcountry Maui · 3 weeks ago

Maui Gold Pineapple
Field Operations Manager
Upcountry Maui · 3 weeks ago
Looking for locally based talent?
Post a Job Listing

Subscribe to our Newsletter

Stay in-the-know with daily or weekly
headlines delivered straight to your inbox.
Cancel
×
Scroll Down for Comments

Comments

This comments section is a public community forum for the purpose of free expression. Although Maui Now encourages respectful communication only, some content may be considered offensive. Please view at your own discretion. View Comments
Arrow UpBack to Top
  • Maui News
  • Maui Business
  • Weather
  • Entertainment
  • Maui Surf
  • Maui Sports
  • Crime Statistics
  • Maui Activities
  • Maui Discussion
  • Food and Dining
  • Real Estate
  • Maui Events Calendar
  • Maui Jobs
  • Official Visitors’ Guide
  • Hawai‘i Journalism Initiative
  • About Maui Now
  • Contact Information
  • Advertise with Us
  • App
  • Newsletter
  • Terms of Service

Copyright © 2025 Pacific Media Group.
All Rights Reserved.
Privacy Policy | About Our Ads

Facebook YouTube Instagram