Jo Dorner

Jo Dorner's Kapalua Real Estate Blog

Jo, the resident specialist for Kapalua Resort, brings you up-to-date on West Maui's real estate market, Kapalua events, island activities, foreclosures/bank REO's and areas of interest. Subscribe today to receive notification of blog updates!

Understating Foreclosures in the Maui Real Estate Market

Foreclosures low, West Maui condo prices steady!
April 25, 2008

Maui condo prices holding steady while foreclosures are down for Q1 2008 - JoDorner.com

By Jo Dorner

I want to bring you up to date on something that you may not be aware of. In the State of Hawaii there is a deficiency judgment against the owner of record once the foreclosure has recorded. Lending institutions have been very successful in recovering said deficient funds as most states will cooperate on any liens that arise from this deficiency. We feel this keeps most people from going into foreclosure and certainly is paramount in any lenders mind when making the loan. We do understand California and Florida have no such law and therefore everyone can walk away much easier. This helps to explain why we are not high on the foreclosure rate list and certainly do not have much (if any) recent foreclosures of the beautiful Maui condos that are located in the resort areas and on the oceanfront. Our prices are holding and, in fact, Maui was up a slight amount last month. The Bay Villas, Golf Villas, Ridge Villas and Ironwoods as well as Pineapple Hill Homes have value. The resort is looking better by the day as the construction is coming along, and the Ritz Hotel has reopened and is selling their fee simple Maui condos through we Realtors. It is a positive year and we will work our way through the inventory that is on the market at this time. In a year from now people may be surprised at how good these prices were!

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Blogs for April 2008

Understating Foreclosures in the Maui Real Estate Market

Posted on April 25, 2008

By Jo Dorner

I want to bring you up to date on something that you may not be aware of. In the State of Hawaii there is a deficiency judgment against the owner of record once the foreclosure has recorded. Lending institutions have been very successful in recovering said deficient funds… Continue Reading

Kapalua Real Estate in Demand

Posted on April 18, 2008

By Jo Dorner

One of the most successful West Maui real estate sales took place on March 15th at the Ritz Carlton Residential suites. In just a few hours, 92 out of a total 107 residential Kapalua condos at the Ritz Carlton were sold, totaling an impressive $176,000,000 in sales. These… Continue Reading

Luxury Kapalua Real Estate for the Discerning Owner

Posted on April 04, 2008

By Jo Dorner


Enjoy luxury living at the Kapalua Bay Villas II Unit 35G3-5. With wonderful views of the ocean towards the setting sun, this recently remodeled 2 bed/3 bath Kapalua condo has all the luxury amenities one could want in the finely crafted West Maui condo.
$2,485,000
Click… Continue Reading

Jo Dorner, R(S)
Lowson & Associates
991 Limahana Place
Lahaina, HI 96767
Local: (808) 276-9015
Email: Jo@JoDorner.com
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Jo Dorner, R(S)
P.O. Box 998
Lahaina, HI 96767
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