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SO WHY BUY NOW?

March 15th, 2009

One question people ask regarding Maui real estate is “Why should I buy now?” There are actually several; good reasons but first let us address the facts of the matter. The facts are that in the short term it is impossible to know what will happen and how events will affect prices. But over time, single events typically have their impact muted and demographics and long running economic and technological trends tend to take over. So with that in mind, here are a few reasons to consider buying Maui real estate now:

Selection has never been better-The Maui real estate options available to a buyer are broader than they have been in a generation.
Lack of New Product-Local regulation has effectively placed an economic moratorium on new development. So waiting will not create opportunity.
Interest Rates are also at generational lows
Sellers are more open to creative approaches than ever before.
Prices are significantly off their all-time highs
If one waits until everyone recognizes the turn, you will lose the advantages of acting early
Over any reasonable time horizon, can you imagine Maui not being a highly desired location?

Perhaps most importantly, Maui is still Maui, and time is something we don't get any more of in our lives. Those days you spend elsewhere you will never get back.

SO WHY BUY NOW?

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