The island has been much quieter over the past two weeks. It's nice to be able to drive with no traffic, isn't it? We thought we'd discuss very briefly some of the trends we have seen in Maui's Real Estate market this year. In no order:

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In the Maui News the announcement of a new cancer facility to be built and operated by a partnership including the Pacific Cancer Institute and Hawaii Pacific Health.

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As the Chinese economy has continued to grow in excess of 10% per year it has created trillions in savings. Much of that has been invested in US Treasuries. A few weeks ago, for the first time, The Chinese government began to allow its citizens to open accounts with non-Chinese banks. Among others, Citigroup and JP Morgan have active efforts in China. Then today another bombshell out of China:

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In today's New York Times the efforts of Hawaii Bioenergy to make Hawaii largely energy independent through the use of  sugarcane as a biomass fuel.

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The Department of Business, Economic Development and Tourism has released the 2006 Visitor Plant Inventory and one finds some interesting tidbits for Maui.

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This Sunday at 10PM east coast time on the History Channel, the ongoing History Channel series The States will air a short piece on the overthrow of the Hawaiian Monarchy in 1893. If you aren't familiar with the story, it's worth watching.

The National Association of Realtors has released their report on first quarter home sales across the country. Here are some key findings:

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According to a release today, the Department of Business, Economic Development and Tourism is predicting moderate growth for Hawaii this year:

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Unit 110, listed for $2.65 million, has gone into escrow after five months on the market.

According to the American Affluence Research Center, that of the top 10% of American wealthholders (of which a subset accounts for almost all Maui buyers)

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