Aloha,

We are very pleased to announce that we have changed our office affiliation! After many productive years at Wailea Realty, we have joined The Wailea Group, LLC, located upstairs in the Luxury Wing at The Shops at Wailea. The Wailea Group is generally regarded as the premier real estate office in south Maui (Wailea, Makena), having been the listing brokers for several high profile projects over the past few years, including Wailea Beach Villas, Papali, Ho'olei, and now the fabulous new Baccarat project, beachfront at the old Renaissance Hotel site. We are very delighted to have the opportunity to join this highly respected team of Real Estate professionals.

While our Real Estate market is feeling the effects of the same economic conditions that you are no doubt experiencing, there are some important facts that you should be aware of: 1) despite media reports, there is money available to finance Real Estate purchases; 2) inventories are high, providing you with some excellent choices; 3) sellers are becoming more realistic re: pricing, and much more negotiable when an offer is put in front of them; 4) with Real Estate, at least you have a tangible asset that you can enjoy, or rent out, until the market corrects itself. We are happy to field any inquiries you might have about properties in any price range--just send a quick e-mail or give us a call!

This month's Featured Property is the elegant new town home community known as Ho'olei (Ho-o-lay), located directly across from the Grand Wailea and Four Seasons hotels in Wailea. Consisting of 120 luxury condominium units ranging in size from 2,563 sq. ft. to 3,301 sq. ft. (all 3BR/3.5BA), these impressive units can become your private residence, second-home getaway, or create income as a vacation rental. Amenities include kitchens with custom Italian cabinetry by Studio Snaidero, Sub-Zero refrigerators (2); Wolf gas cook-top, built-in oven, and microwave; Bosch 6 fully integrated dishwasher, and too much more to mention in this e-mail. Currently, there are original developer units still for sale, as well as several re-sales--many choices, starting at $2,725,000!!! For more information, visit the website at http://www.hoolei.com/.  

As Always, we are happy to provide you with any information you may need regarding Maui Real Estate. In spite of all the negatives we hear daily on the news, it is a great time to buy in Maui!

Warm regards,

Michael and Ceci
www.TEAMWailea.com