Upcountry Strong Rolls Toward its 12th Food Distribution Event on the Valley Isle
Upcountry Strong—our 501(c)3 nonprofit dedicated to assisting kama’aina struggling with food insecurity—recently held our 10th and 11th food distribution days (on February 5th and March 19th) in 2022, helping hundreds of our fellow island residents with accessing nutritious food.
The events were a smashing success, and we couldn’t have done it without help! After all, it truly takes a village, as they say, and Upcountry Strong wouldn’t be able to pull it off without a tremendous wave of support from several of our community partners.
From local restaurants and businesses to the gracious efforts of so many across the island, we’re so proud to be a part of the movement to end hunger across Maui, and humbled to join with so many across the island to lend a helping hand.
To all our steadfast volunteers who ensure that the events run smoothly: mahalo nui loa 🙏
To register for a spot in one of our upcoming food distribution dates, keep an eye on the Upcountry Strong Facebook page—we’ll be posting each registration link around one month prior to each event. Our next distribution is slated to take place later this month on April 30th—so be sure to keep track of all the latest developments across all our social media to find out how you can sign up to volunteer and support our community. Aloha nui loa!
Interest rates are going up—but Maui Nui continues to evidence record-breaking numbers
During the first two months of 2022, both single family homes ($1.16 million) and condominiums ($730,500) set new all-time highs in median sales price, respectively. The unstoppable upward trend has continued even in the face of rising interest rates, raised by the Federal Reserve in order to slow the rate of inflation—which has been no match for a severe and ongoing lack of inventory, here on Maui and across the country.
All across the U.S., consumers are facing both inflation and surging mortgage interest rates, which went as high as 4.6% in March, according to Freddie Mac.
Indeed, if the recent numbers released from the REALTORS® Association of Maui are any indication, rising interest rates have been no match for the ongoing scarcity of properties available on the marketplace, which has continued to drive prices into the stratosphere!
Maui County set new record highs in median sales price yet again in the month of March, with single -family homes checking in at $1.17 million, while condos came in at $820,000. Single-family dwellings are officially up 19.5% year-over-year when compared to January 2021’s numbers, and condos are up nearly 28% year-over-year.
According to an article compiled in Maui Now, “The record-high prices are partially spurred by record-low inventory, the number of properties available for sale in active status at the end of a given month.
Last month, single-family home inventory fell to 188 units — a nearly 26% drop year over year — and the lowest on record for RAM data. Condo inventory fell 60% year over year to 153 units.
New listings decreased 27.8% for single-family homes and 7.7% for condominium homes. The low inventory didn’t stop buyers, though, with more than 100% of list price received for single-family and condo units.”
Looking for your new home in paradise?
And speaking of…if you’re in the market for the perfect luxury home, then Maui international has just the place for you, right in the shadow of the Iao Valley! This 4-bed, 3-bath house in historic Wailuku Town has everything a discerning buyer is looking for, including a sweeping view of both the West Maui mountains and the ocean, right from your living room.
It’s a fair bet that a property like this won’t last long—so be sure to give Maui International a call to scoop this one up while you can!