10 Lio Poele Place
check out the listing in Kihei
Cul-de-sac location with Ocean views!
$800,000
Beautifully remodeled and upgraded!
Monday, November 15, 2010
Hawaii Real Estate Sales
Hawaii Real Estate Sales
COUNTY OF MAUI
Kaanapali
3543 L HONOAPIILANI RD #F307 10/14/2010 $217,000
Kahului, Spreckelsville
210 HAUOLI ST 10/15/2010 $3,850,000
309 HOOHIE ST 10/15/2010 $385,000
Kihei
938 S KIHEI RD #430 10/15/2010 $285,000
480 KENOLIO RD #19 206 10/14/2010 $118,000
50 HALILI LN #5G 10/14/2010 $280,000
2695 S KIHEI RD #208 10/12/2010 $240,000
160 KEONEKAI RD #13 205 10/12/2010 $233,266
2747 S KIHEI RD #F102 10/12/2010 $150,000
2189 ILIILI RD 10/15/2010 $425,000
2037 S KIHEI RD #4 10/13/2010 $351,600
2531 S KIHEI RD #DG11 10/12/2010 $252,500
1825 MALAMA ST 10/15/2010 $500,000
149 MEHANI CIR 10/15/2010 $400,000
194 AKAI ST 10/14/2010 $279,666
Kula
90 WAHELANI ST 10/11/2010 $706,520
233 HALE KAI ST 10/13/2010 $459,533
Kula, Pukalani
99 ALA APAPA PL 10/12/2010 $825,000
Lahaina
EMERALD PLAZA CENTER CONDOMINIUM #E8 10/15/2010 $185,000
660 WAINEE ST #C109 10/12/2010 $295,000
75 WAILAU PL 10/13/2010 $999,500
83 WAILAU PL 10/13/2010 $999,500
Makawao, Olinda
577 A LAIE DR 10/15/2010 $370,000
Napili, Kahana, Mahinahina
5295 L HONOAPIILANI RD #A5 10/15/2010 $112,533
5295 L HONOAPIILANI RD #C3 10/15/2010 $174,266
5295 L HONOAPIILANI RD #C11 10/15/2010 $174,266
5315 L HONOAPIILANI RD #B111 10/15/2010 $232,000
49 POLOHINA LN #12-5 10/14/2010 $570,866
3788 L HONOAPIILANI RD #G105 10/11/2010 $245,000
35 KATIE LN #726 10/15/2010 $173,200
Waihee
1347 KILOU ST 10/14/2010 $400,000
Wailea, Makena
3300 WAILEA ALANUI DR #30D 10/15/2010 $378,800
3300 WAILEA ALANUI DR #5A 10/13/2010 $750,000
3950 KALAI WAA ST #P103 10/15/2010 $435,000
20 MAKENA RD #802 10/13/2010 $2,200,000
Wailuku
2180 W VINEYARD ST #206 10/15/2010 $149,000
1598 MILL ST 10/15/2010 $400,000
557 KAIKOO PL 10/15/2010 $252,000
COUNTY OF MAUI
Kaanapali
3543 L HONOAPIILANI RD #F307 10/14/2010 $217,000
Kahului, Spreckelsville
210 HAUOLI ST 10/15/2010 $3,850,000
309 HOOHIE ST 10/15/2010 $385,000
Kihei
938 S KIHEI RD #430 10/15/2010 $285,000
480 KENOLIO RD #19 206 10/14/2010 $118,000
50 HALILI LN #5G 10/14/2010 $280,000
2695 S KIHEI RD #208 10/12/2010 $240,000
160 KEONEKAI RD #13 205 10/12/2010 $233,266
2747 S KIHEI RD #F102 10/12/2010 $150,000
2189 ILIILI RD 10/15/2010 $425,000
2037 S KIHEI RD #4 10/13/2010 $351,600
2531 S KIHEI RD #DG11 10/12/2010 $252,500
1825 MALAMA ST 10/15/2010 $500,000
149 MEHANI CIR 10/15/2010 $400,000
194 AKAI ST 10/14/2010 $279,666
Kula
90 WAHELANI ST 10/11/2010 $706,520
233 HALE KAI ST 10/13/2010 $459,533
Kula, Pukalani
99 ALA APAPA PL 10/12/2010 $825,000
Lahaina
EMERALD PLAZA CENTER CONDOMINIUM #E8 10/15/2010 $185,000
660 WAINEE ST #C109 10/12/2010 $295,000
75 WAILAU PL 10/13/2010 $999,500
83 WAILAU PL 10/13/2010 $999,500
Makawao, Olinda
577 A LAIE DR 10/15/2010 $370,000
Napili, Kahana, Mahinahina
5295 L HONOAPIILANI RD #A5 10/15/2010 $112,533
5295 L HONOAPIILANI RD #C3 10/15/2010 $174,266
5295 L HONOAPIILANI RD #C11 10/15/2010 $174,266
5315 L HONOAPIILANI RD #B111 10/15/2010 $232,000
49 POLOHINA LN #12-5 10/14/2010 $570,866
3788 L HONOAPIILANI RD #G105 10/11/2010 $245,000
35 KATIE LN #726 10/15/2010 $173,200
Waihee
1347 KILOU ST 10/14/2010 $400,000
Wailea, Makena
3300 WAILEA ALANUI DR #30D 10/15/2010 $378,800
3300 WAILEA ALANUI DR #5A 10/13/2010 $750,000
3950 KALAI WAA ST #P103 10/15/2010 $435,000
20 MAKENA RD #802 10/13/2010 $2,200,000
Wailuku
2180 W VINEYARD ST #206 10/15/2010 $149,000
1598 MILL ST 10/15/2010 $400,000
557 KAIKOO PL 10/15/2010 $252,000
Monday, November 8, 2010
All you need is LUV says PAUL BREWBAKER
ALL YOU NEED IS LUV - PAUL BREWBAKER
http://www.staradvertiser.com/business/20101108_All_you_need_is_LUV.html
The L, U and V characterize the shapes created by graphs depicting how various sectors of the state economy are rebounding. While all the Hawaii economists agree that things are getting better, the degree of improvement is in the eyes of the beholder.
“My observation is that 2010 has revealed more of an alphabet soup,” said Paul Brewbaker, principal of TZ Economics. “Different people will emphasize different aspects of the word ‘LUV.’ Some focus on the L, others on the V, still others contemplate the width of the U.”
Brewbaker says jobs are the most L-shaped, real personal income has kind of a flattish U shape, the visitor arrivals count has a decidedly U shape to it and existing home sales are positively V-shaped.
First Hawaiian Bank economic adviser Leroy Laney told a group of several hundred Thursday at the 41st annual Business Outlook Forum that the Hawaii economy overall has been undergoing an L-shaped recession and that “this year we have emerged from the back of that L, and are in the bottom of it.”
“Of course,” Laney said, “there is still some question as to how steep a slope the bottom of that L will be,” but there is “evidence that a slow recovery is emerging for Hawaii.”
In all cases the spotlight appears to be on the state’s leading industry, tourism, which is leading the charge.
Visitor arrivals are up 7.2 percent this year, through September, over the same period in 2009, and going back to May have posted increases of 6.5 percent, 13.6 percent, 9 percent, 11.8 percent and 8.9 percent. At the same time, visitor spending has risen 15.9 percent, 16.1 percent, 23.3 percent, 30 percent and 22.2 percent, leaving it up 13.5 percent for the year.
Brewbaker attributes some of the sharp visitor arrivals recovery to the aggressive domestic expansion by Alaska Airlines following the spring 2008 collapse of Aloha and ATA airlines.
“The arrivals metric has been on this amazing tear since the spring, and domestic counts (up 5.1 percent through September) at this moment are knocking on the door of the all-time highs of 2006 and 2007,” Brewbaker said. “This year’s tourism re-acceleration is mostly domestic, not international.”
He said the year-to-date, year-over-year comparisons of international arrivals (up 13.4 percent) include the impact last year of the H1N1 pandemic on international arrivals.
“Organic growth now is coming from the 20 to 30 percent annualized rate of increase in domestic arrivals during the last six months, not the zero change — more or less — in international arrivals ever since H1N1’s deterrence faded,” Brewbaker said.
Laney said at the forum that both tourism — which he expects to approach record visitor arrival numbers in 2012 — and construction have to return to health before a sustained recovery emerges.
“Construction adds to and refurbishes the physical plant and capital stock at the same time it creates relatively higher-income jobs,” Laney said.
The University of Hawaii Economic Research Organization, headed by Executive Director Carl Bonham, said it expects continued Hawaii expansion but at a restrained pace through 2011.
“The visitor industry is leading a gradual but uneven recovery in Hawaii,” UHERO said in its Oct. 1 forecast update. “The tourism upturn has not yet had much effect on the broader economy, and the slowing global recovery means further visitor gains will be harder to come by.”
UHERO said the recovery will gain strength slowly over the next several years but be tempered by still-weak conditions in major visitor markets, drag from government and a difficult environment for construction.
The state Department of Business, Economic Development and Tourism said in its third-quarter report issued in mid-August that it expects international economic conditions and increasing tourism arrivals and expenditures to help sustain a gradual recovery in Hawaii’s economy. DBEDT is due to issue its fourth-quarter report in mid-November.
Brewbaker said the bottom line is that Hawaii may be getting better than the “L rhetoric implies.”
“I’d say a good one-third to one-half of the economy is U-ish, nearly as much is shallow U-ish and the remainder that is L-shaped is saying, ‘It’s cheaper to buy than build, but don’t wait too long.’”
Laney said a year ago that Hawaii needed to see a turnaround in tourism to begin recovering because a Hawaii vacation is a luxury item in most household budgets — and is one of the first things eliminated when things get tough.
“But Hawaii tourism has proven to be more resilient than most of us thought a year ago,” he said.
Still, Laney said an economic recovery begins when positive growth resumes after a recession and doesn’t end until the previous peak is reached.
“The 2006-2007 peaks for a number of important economic variables won’t be reached for some time, but at least the direction is right for most of them at present,” he said.
http://www.staradvertiser.com/business/20101108_All_you_need_is_LUV.html
The L, U and V characterize the shapes created by graphs depicting how various sectors of the state economy are rebounding. While all the Hawaii economists agree that things are getting better, the degree of improvement is in the eyes of the beholder.
“My observation is that 2010 has revealed more of an alphabet soup,” said Paul Brewbaker, principal of TZ Economics. “Different people will emphasize different aspects of the word ‘LUV.’ Some focus on the L, others on the V, still others contemplate the width of the U.”
Brewbaker says jobs are the most L-shaped, real personal income has kind of a flattish U shape, the visitor arrivals count has a decidedly U shape to it and existing home sales are positively V-shaped.
First Hawaiian Bank economic adviser Leroy Laney told a group of several hundred Thursday at the 41st annual Business Outlook Forum that the Hawaii economy overall has been undergoing an L-shaped recession and that “this year we have emerged from the back of that L, and are in the bottom of it.”
“Of course,” Laney said, “there is still some question as to how steep a slope the bottom of that L will be,” but there is “evidence that a slow recovery is emerging for Hawaii.”
In all cases the spotlight appears to be on the state’s leading industry, tourism, which is leading the charge.
Visitor arrivals are up 7.2 percent this year, through September, over the same period in 2009, and going back to May have posted increases of 6.5 percent, 13.6 percent, 9 percent, 11.8 percent and 8.9 percent. At the same time, visitor spending has risen 15.9 percent, 16.1 percent, 23.3 percent, 30 percent and 22.2 percent, leaving it up 13.5 percent for the year.
Brewbaker attributes some of the sharp visitor arrivals recovery to the aggressive domestic expansion by Alaska Airlines following the spring 2008 collapse of Aloha and ATA airlines.
“The arrivals metric has been on this amazing tear since the spring, and domestic counts (up 5.1 percent through September) at this moment are knocking on the door of the all-time highs of 2006 and 2007,” Brewbaker said. “This year’s tourism re-acceleration is mostly domestic, not international.”
He said the year-to-date, year-over-year comparisons of international arrivals (up 13.4 percent) include the impact last year of the H1N1 pandemic on international arrivals.
“Organic growth now is coming from the 20 to 30 percent annualized rate of increase in domestic arrivals during the last six months, not the zero change — more or less — in international arrivals ever since H1N1’s deterrence faded,” Brewbaker said.
Laney said at the forum that both tourism — which he expects to approach record visitor arrival numbers in 2012 — and construction have to return to health before a sustained recovery emerges.
“Construction adds to and refurbishes the physical plant and capital stock at the same time it creates relatively higher-income jobs,” Laney said.
The University of Hawaii Economic Research Organization, headed by Executive Director Carl Bonham, said it expects continued Hawaii expansion but at a restrained pace through 2011.
“The visitor industry is leading a gradual but uneven recovery in Hawaii,” UHERO said in its Oct. 1 forecast update. “The tourism upturn has not yet had much effect on the broader economy, and the slowing global recovery means further visitor gains will be harder to come by.”
UHERO said the recovery will gain strength slowly over the next several years but be tempered by still-weak conditions in major visitor markets, drag from government and a difficult environment for construction.
The state Department of Business, Economic Development and Tourism said in its third-quarter report issued in mid-August that it expects international economic conditions and increasing tourism arrivals and expenditures to help sustain a gradual recovery in Hawaii’s economy. DBEDT is due to issue its fourth-quarter report in mid-November.
Brewbaker said the bottom line is that Hawaii may be getting better than the “L rhetoric implies.”
“I’d say a good one-third to one-half of the economy is U-ish, nearly as much is shallow U-ish and the remainder that is L-shaped is saying, ‘It’s cheaper to buy than build, but don’t wait too long.’”
Laney said a year ago that Hawaii needed to see a turnaround in tourism to begin recovering because a Hawaii vacation is a luxury item in most household budgets — and is one of the first things eliminated when things get tough.
“But Hawaii tourism has proven to be more resilient than most of us thought a year ago,” he said.
Still, Laney said an economic recovery begins when positive growth resumes after a recession and doesn’t end until the previous peak is reached.
“The 2006-2007 peaks for a number of important economic variables won’t be reached for some time, but at least the direction is right for most of them at present,” he said.
Subscribe to:
Posts (Atom)