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Real Estate Market News Maui’s Short-Term Rental Shakeup: An Update on the Phase-Out Proposal and What It Means for the Condo Market Maui’s housing crisis has taken center stage as Mayor Richard Bissen’s proposal to phase out over 7,000 short-term rentals continues to face delays. This bold initiative, which aimed to repurpose vacation rentals into long-term housing, is unlikely to be implemented in 2025 due to opposition and concerns over its economic impact. Initially, the proposal was […]
Real Estate Market News Maui’s $300K Vacation Rental Study Falls Apart – What Happens Next? It’s time again to update the status of Maui Mayor Richard Bissen’s proposal to phase out short-term rentals (STRs) in A1/A2-zoned areas, as the independent economic study the City Council was relying on has fallen through. The Council’s plan to commission the study was abandoned due to a lack of willing bidders, leaving officials to […]
Real Estate Market News The Ins and Outs of CPR Properties on Maui The Ins and Outs of CPR Properties on Maui Condominium Property Regimes (CPRs) are a unique way to maximize real estate investments on Maui. Whether you’re a buyer looking for a more affordable property or a seller hoping to increase your return on investment (ROI), understanding the CPR process is essential. What is a CPR? […]
Real Estate Market News Maui Real Estate Update: The Mayor’s Short-Term Rental Conversation Plan and What It Means for Maui’s Real Estate Market Aloha! It’s Charlie Schlather with Century 21 – Your Key to Maui Real Estate. Given all the attention this topic has received, I thought it would be helpful to take a moment to recap where we stand and outline the next steps. In May 2024, Maui Mayor Richard Bissen proposed legislation to phase out over […]
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