Pros & Cons of Cash Out Refi Vs Reverse Mortgage
Written by: Dan BardenhagenA cash-out refinance and a reverse mortgage are two different ways to tap into home equity, and each comes with its own set of pros and cons. Here’s a breakdown to help you compare them:Cash-Out RefinancePros:1. Retain Ownership: You continue to own your home ...
Maui County Election Results: Cook Holds Off King In Tight Race
Click here to view original articleMaui voters were favoring County Council incumbents in the first general election since deadly wildfires consumed nearly all of Lahaina and parts of Upcountry, but one pivotal race was extremely tight when the unofficial final results were reported Wednesday ...
Alphabetical Minatoya List
The Minatoya List was created in 2001 by Richard Minatoya, the Deputy Corporation Counsel for Maui County, to clarify where vacation rentals (TVRs) could legally operate on Maui. The rule, which was later adopted into the Maui County Code, states that condominium units ...
When will the housing market crash again?
There are no signs that the U.S. housing market is about to crash. In fact, the economic outlook and expectations for the real estate market nationally are positive for 2024. A housing crash occurs when demand drops dramatically and home values tumble.“Unless there is a significant surge in ...
The Economic Ripple Effect of Removing Short-Term Vacation Rentals in Maui
Maui, known for its stunning beaches, lush landscapes, and vibrant culture, is also home to a bustling vacation rental market. Recently, there has been a significant discussion regarding the potential impacts of removing one-third of the short-term vacation rental condos in apartment-zoned ...
Phasing out legal short-term rentals could cost Maui $91.8 million in tax revenue
Click here to view original articleKAHULUI–On Thursday, the Travel Technology Association and Hawaii economic consultant Kloninger & Sims released a study on the economic and fiscal impacts of the short-term rental market in Maui County and across the state.According to the report, under ...
Governor Josh Green signs bills related to housing across the state
Click here to view original articleKAHULUI–Governor Josh Green announced on Tuesday that the legislative session has unlocked more affordable housing across the state. In a ceremony at the Capitol, Governor Green underscored the collaborative efforts behind several significant bills aimed at ...