Honua'ula, formerly Wailea 670, has been approved by the County Council Land Use Committee by a 6-2 vote.

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State education officials have selected a privately owned parcel north of the Elleair Golf Course as the site of a new Kihei high school, according to a news release issued late Monday afternoon…Located mauka of the intersection of Kulanihakoi Street and Piilani Highway, portions of the selected site are owned by Haleakala and Kaonoulu ranches, both of which have indicated an interest in selling property for the new school.

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The Fed has reduced its expectations for the US economy in 2008:

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Unit E-101, a three-bedroom with a garden view has come to market and is listed for $1.875 million. For more information, contact us!

As you know, Bank of Hawaii's Chief Economist Paul Brewbaker is one of our favorite economic analysts. His quarterly report on Hawaii is out and here are his key findings: 

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Maui Circuit Judge Joseph Cardoza today lifted a court injunction that has kept the high-speed ferry from operating to Maui since Aug. 27. The judge ruled this afternoon, after hearing arguments from state Attorney General Mark Bennett and Wailuku attorney Isaac Hall, who is representing three groups pushing for an environmental review before the ferry can resume service. Hawaii Superferry President and CEO John Garibaldi, who is attending the hearing, told The Advertiser today that if the injunction is lifted, the company would announce a startup date by week's end.

3905 Wailea Ekolu lies at the top of the hill in prestigious Wailea Golf Estates. Boasting a panoramic ocean view, this 2400 square foot, three bedroom home was remodeled in 2005 and boasts a large saline pool and spa. The upstairs and private master suite offers two lanais, an office, walk in closet and incredible views. The spacious kitchen opens out through 20' pocket sliders to the pool and entertainment area. This jewel is owned by Sean and is offered at $2.9 million. Contact us for a private showing.
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The NAR today released their monthly pending sales report. Here are some key snippets:

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We are pleased to announce the listing of 3387 Kuaua Place in Maui Meadows. This extraordinary one-story Clayton Nishikawa design and construction is only a few years old and is sheer perfection. The construction is double walled stucco with a monier tile roof, copper gutters, hidden downspouts, fifteen foot ceilings, large infinity pool and spa, granite countertops, porcelain tile floors and lanais, multi-zoned air conditioning etc. In simple terms, this is Wailea-quality construction. The main house is 3300 square feet, three bedrooms, two and one-half baths plus a two-car garage all set on a 1/2 acre knoll on one of the most secluded streets in Maui Meadows. The views? Well, check out the pictures below. The 700 square foot cottage also has exceptional ocean views. This incredible home is offered at $3.295 million. Contact us for a private showing.
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Maui County Council Land Use Chairman Mike Molina said Thursday that his committee should be prepared to vote next week on whether to approve or disapprove the zoning request for the Honua’ula project district.

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