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Coldwell Banker Global Luxury Realtor on Maui. Top 3% of CB agents worldwide.
Whether you sign a month-to-month lease or even one that is a year-long, renting doesn’t tie you down to a particular city or area. Oftentimes, when you rent an apartment, it has the potential to come with some amenities like a secure building, on-site staff, and potentially even things like a fitness center or pool. You also likely won’t need to worry about your monthly cost changing wildly from year to year like you may when you rent. Neither renting or buying is the better option, as the choice depends on where you are in your life and the kinds of goals and preferences that you have.
Home sustainability is a practice that incorporates better water, electricity, and resource usage to promote energy efficiency. The only two criteria your property has to meet to count as 'green' are that it consists of materials and facilitates functions that support sustainable living. Designing the home to feature a natural flow between your rooms and the outdoors is an excellent way to: • have more plants surround your property For example, you'd have to be moving to go for passive housing or multigenerational homes, while renovation leaves room for green or recycled materials.
Inventory of single-family homes for sale is down nearly 50% from January of 2020 while the average sales price for single-family homes is up 56.3% to $1,508,568. The median sales price is also up 26% from January of 2020, with the median sitting at $980,000. We are averaging 97.4% of list price received on condos and 97% of list price received on single-family homes. The average condo sales price for January was $795,000, up 12.7% from January 2020, while the median price was $560,000, which is consistent with the $562,000 median from last year.
Millennials have begun to look for wilder, more beautiful places to live where they can work remotely, homes for sale in Kihei make a great place to start looking. Despite looking for larger, loftier, older housing, high-tech features and bolstered sustainability remain must-haves. Especially when you consider these tendencies in combination with the growing desire to spend time in nature, it becomes evident that sustainability is a trend that’ll keep evolving. In the future, extra effort to provide high-quality, transparent services can lead to more of the client base knocking on your (virtual) doors.