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Housing & Real Estate

Real Estate Maui Now is
brought to you in part by

Itʻs National Homeownership Month; what federal programs are available for rural areas?

To kick off National Homeownership Month, the US Department of Agriculture is highlighting federal programs that help people in rural, tribal and underserved areas buy, build and repair affordable homes — and to pay their rent.

HomeAid Hawaiʻi on Housing: Deeply Affordable Housing

SPONSORED CONTENT
Our mission is to help people experiencing or at risk of homelessness build new lives through construction, community engagement, and education.

Maui residents surprised to learn Haʻikū’s iconic Giggle Hill is pending sale

Haʻikū’s iconic recreational spot Giggle Hill is being sold for millions of dollars, and for some residents it’s not a laughing matter.

Maui council may adjust metrics to make affordable housing actually affordable

With soaring housing prices in Maui County, council members are looking at ways to update the county’s sales price guidelines so affordable housing can actually be affordable.

Large Nāpili house should not have gotten green light, Maui council member says

In the latest chapter for a controversial house that towers over other homes in Nāpili, Maui County Council Member Tamara Paltin said her investigation shows the developer shouldn’t have gotten a key exemption that allowed construction to bypass public input. The unfinished, eight-bedroom home at 5385 Lower Honoapiʻilani Road, initially designed with rooftop and floor-level pools, came under fire last year when it climbed toward 45 feet tall. 

Kuʻikahi Village’s plans for 202 workforce homes in Wailuku moves ahead

Kuʻikahi Village Project, which aims to build 202 workforce housing units on about 15 acres in Wailuku, cleared a significant hurdle recently. Developed by Alaula Builders, Kuʻikahi Village calls for a variety of residences, including multifamily, duplex, townhome, live-work, tiny home and single-family units. Residences will go toward families earning between 60% and 140% of the Area Median Income.

Maui council, state set aside money to buy 257 acres in Māʻalaea but developer beats them to it

Within days of a Maui County Council vote to set aside $6.2 million in order to keep 257 acres in Māʻalaea from development, one of Maui’s largest, most polarizing developers scooped up the land.

James Campbell Company announces appointment of Nekota and Sullivan to Board

James Campbell Company LLC , a $4.8 billion, nationally diversified real estate company based in Hawaii, announced today that Cameron Nekota and Jim Sullivan have been appointed to serve on its Board of Directors, effective May 6, 2022. 

Report shows rent prices spiked 41% on Maui; residents worry about finding a place

Rent prices spiked over the first few months this year, with Maui seeing a 41% surge in asking prices compared with the same time last year, according to a new report from University of Hawaiʻi Economic Research Organization.

State’s $192M housing, civic center project in Kahului advances

A $192 million Kahului plan to develop 300 affordable and market-rate units, along with a civic center for state office space, cleared a hurdle in the approval process.

New plan seeks to replace proposed six-story Wailuku Hotel with workforce housing

The proposed 125-unit multi-family complex was floated in place of the proposed Wailuku Hotel concept that was met with community opposition in 2020.

Maui home prices break record at $1.2 million; inventory hits new low

As the third month this year to set a record for Maui County single-family home median sales price, April marked a new all-time high at more than $1.2 million. Meanwhile, inventory last month reached an all-time low and the existing units are selling “fairly quickly,” according to the Realtors Association of Maui report released Wednesday.

Master plan details 66 DHHL lots, community buildings, gardens, amphitheater in Kula

With enough water and funding, the state Department of Hawaiian Home Lands plans to add 66 agricultural lots — along with a cultural center, gardens, community buildings, an amphitheater, a local small business venue and native forest restoration  — on roughly 70 acres along Kula Highway in Kēōkea.

Panel pulls requirement for N. Kīhei affordable housing project so it can move ahead

Saying that a much-needed affordable housing project in North Kihei shouldn’t be held up over county roadway requirements, Maui Planning Commission on Tuesday morning voted to pull the condition, allowing Hale Kaiola to move full-steam ahead. Hale Kaiola is a 100% workforce housing project with 20 duplexes containing 40 homes at the corner of Kaiola Place and ʻOhukai Road. Recently 40 local families were chosen via lottery of 117 applicants. Units will be owner-occupied with no rentals and start at $395,000.

Chick-fil-A, Raising Cane’s to hatch this summer as 5 Maui restaurants race to open

It’s a race to open for five restaurant chains slated to launch along Ho’okele Street in Kahului. Chick-fil-A, Raising Cane’s, Sonic, Taco Bell and Teddy’s Bigger Burgers have each announced plans to open this year.

New report: Hawaiʻi’s high home prices tied to stiff regulations; Maui 2nd strictest in state

that the state has some of the most restrictive housing regulations in the nation, with Maui as the second most restrictive county in the state. Government regulations that limit the availability of the housing market to create new units is one piece of the puzzle that may explain Hawaiʻi’s home prices.

Top 3% of Maui Real Estate Agents for 2021 and 2022 Honored in First Gathering Since COVID-19

Homes and Land Magazine along with several invited sponsors, honored 2022 Maui’s Top 3% REALTORS (based on 2021 production). With over 1,900 agents, 58 of Maui’s top producing agents were gathered in the first person event since the in person restrictions due to the Covid mandates set by the County.

Report: Maui home, condo median sales prices set new highs in March

Fueled by dwindling inventory, Maui County last month set historic highs for both residential single-family and condominium home median sales prices, according to data released today by Realtors Association of Maui. Single-family home median sales price rose 19.5% year over year to $1,177,500. For condos, the median sales price shot up nearly 28% year over year to $820,000.

$18.5M home becomes Maui’s most expensive sale this year

An $18.5 million South Maui home sale Wednesday became Maui’s most expensive one so far this year, according to Island Sotheby’s International Realty. Originally listed at $19.9 million, the six-bedroom, seven-bathroom home on about an acre in Wailea-Mākena saw high interest and sold in about three weeks.

Council mulls whether massive Nāpili home warrants probe; pending suit filed against Maui County

Maui County Council is considering whether to pursue an investigation into the administration’s handling of a large home in Nāpili, which has been called “monstrous” and “illegal” by neighboring residents. The unfinished, eight-bedroom home came under fire last year when it climbed toward 45 feet tall. Some residents have been questioning how the county signed off on the plans without community input.

Major Waikapū housing plan could move faster if new agreement gets green light

Long-anticipated Waikapū Country Town — the island’s largest residential project in recent history — could move faster if a public-private partnership that trades infrastructure for more affordable homes gets approved, project officials said Thursday. “If all goes well, we would hope that we could have the first set of homes ready in about three years,” project attorney Jeffrey Ueoka told Maui Now. 
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