The distress in the jumbo mortgage world has clearly had a negative impact on Maui real estate. In Wailea in the first six months only 1/3 of all sales were financed with conventional mortgages. That is only half that of 2008. But help may be on the way.

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And that includes Maui. We would expect that sales activity increases are necessary to see price stabalization. So this is good news for Maui real estate.

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