Maui Luxury Real Estate Team

 

Maui Real Estate Connection

Aloha! Our blog features current market real estate trends, island events, news, attractions, activities, featured property listings, tips for buyers and sellers and much more! Subscribe today and receive updates on our weekly blog. Mahalo!

Study Says Hawaii Economy Will Grow

According to a recent report, Hawaiis economy is expected to continue to grow into 2045.
September 28, 2018


According to the report published by the Hawaii Department of Business, Economic Development and Tourism (DBEDT), Hawaii’s economy will grow at a 1.7 percent rate per year between 2016 and 2045.

This report was measured by using figures from the real gross domestic product and is part of the Population and Economic Projections for Hawaii into 2045. The report is the ninth in a series of long-range projects with the first report released in 1978. The report is used by economists to help the local government plan for the future needs of the state.

Other findings published in the report include expectations that civilian jobs will grow at around 0.8 percent annual rate, population to grow at 0.5 percent annual rate, and airplane visitors will increase at 1.1 percent during the same period. In Maui County, total jobs are projected to be around 142,100 by 2045 while total civilian wage and salary jobs in Hawaii are expected to increase from 666,998 in 2016 to 784,400 in 2045.

In Maui County, the average annual growth rate is anticipated to increase by 2.5 percent until 2025, 2.5 percent again from 2025 until 2035 and 2.4 percent from 2035-2045. Other findings include the possibility that statewide real personal income will grow at a 2 percent annual rate between 2016 and 2045, which is higher than the 1.8 percent rate that occurred during the past three decades. Self-employed jobs will grow at 1.3 percent per year, higher than that of wage and salary jobs during the same time. View the full report online.

We’re excited to see our lovely valley isle economy grow and hope you are thinking about being a part of that growth. If you’re a home investor and are looking into purchasing a luxury property on Maui, then why not start that process today? Our Maui Luxury Real Estate Team has a wide selection of homes to choose from. Check out our luxury properties on Maui or sift through some of our oceanfront luxury properties. We also have a variety of luxury condos on Maui to look at as well. Don’t hesitate and contact us today and let us know how we can help you grow in your life and wellness today!

Blogs for September 2018

Study Says Hawaii Economy Will Grow

Posted on September 28, 2018


According to the report published by the Hawaii Department of Business, Economic Development and Tourism (DBEDT), Hawaii’s economy will grow at a 1.7 percent rate per year between 2016 and 2045.

This report was measured by using figures from the real gross domestic product and is part of… Continue Reading

Fall in Love with this Luxury Home for Sale in Kapalua Maui

Posted on September 21, 2018

If you’re a home investor and are looking for your next property on Maui then you’re going to love what we have in store for you!

Located at 100 Hawane Loop in Kapalua, this $7.9 million dollar property is spacious, elegantly designed, and meticulously crafted. Located in Mahana Estates,… Continue Reading

Buy Your 2018 Made in Maui County Festival Tickets Today

Posted on September 14, 2018

Are you ready for what is poised to be one of the most exciting events on Maui this fall? Come November 3rd, Maui County’s largest products show, the annual Made in Maui County Festival, will kick off for a day of entertainment, arts & crafts and lots and… Continue Reading

Why You Should Buy An Oceanfront Condo at Kaanapali Alii Resort

Posted on September 07, 2018


Whether you're looking for your first home, second home or vacation rental investment property in Hawaii, it can sometimes seem overwhelming at times. With so many places to choose from all over our island paradise it may sometimes be challenging finding the perfect spot to call home.… Continue Reading

Archives
Website Map

Maui Luxury Real Estate Team
KW Island Living


Whalers Village
2435 Kaanapali Parkway, Suite A-3
Lahaina, Maui, Hawaii 96761

Toll Free, US and Canada:
  1-866-264-3761
All other points:
  (808) 495-0022
Fax: (808) 661-8951
Email Us

Meyer Computer, Inc.
Web Services provided by Meyer Computer, Inc.
Web Hosting & Design
Sign up for our Maui real estate newsletter!
From the latest real estate market stats to exclusive island updates and the hot listing deals in between, get to know Maui a little better with our newsletter.
X