Aloha & Good Morning!

Are you looking for an amazing deal on a house in Kihei?  I've got good news for you!  The newest listing that I've been blogging about just had a tremendous price reduction by $50,000.   Please share this news with anyone you know that is looking for a deal on a house in South Maui.

PRICE REDUCED - - $749,000

View Property Website for 301 Ohina Place 

Ocean view from roof top lanai.

Are you wondering why a seller would reduce their price?  There are lots of reasons.  This house in particular is in great condition and this seller is looking to buy something else - - NOW.

I know that there are many of my readers that are also trying to sell something so they can make a purchase on Maui.  Not to fear, your property will sell and I will help turn your dreams into a true Maui address.  While you are going through this process it is important to consider what you can give and what it will take to make that happen.  If you are trying to sell something, then please read this article on Letting Go and give me a call or email if you want to discuss your plans to buy or sell property.  I'm here to listen, to give advice and support.  Together we will make your dreams of owning Maui property become a reality!

ARTICLE: Letting Go

Looking for more great articles, videos and advice?  Check out the Real Estate Sales Maui Team on FACEBOOK, TWITTER and BLOGGER.

Looking for the current foreclosures on Maui?  Click HERE. 

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Lender Corner by Craig Haueisen                                                                                          
The combined construction of new single-family homes and apartments in September jumped 15% to a seasonally adjusted annual rate of 658,000 units. Single-family starts increased 1.7%. Multifamily starts rose 53%. Applications for new building permits, seen as an indicator of future activity, fell 5% to an annual rate of 594,000 units.
Industrial production at the nation's factories, mines and utilities rose 0.2% in September. Compared to a year ago, industrial production is up 3.2%. Capacity utilization rose to 77.4% in September from a revised 77.3% in August.
The producer price index, which tracks wholesale price inflation, rose 0.8% in September after a flat reading in August. For the year, seasonally adjusted wholesale prices are up 6.9%. Core prices — excluding food and fuel — rose 0.2% in September.
The National Association of Home Builders/Wells Fargo monthly housing market index rose four points in October to 18. The reading was the highest level since April 2010. An index reading below 50 indicates negative sentiment about the housing market.
Existing home sales fell 3% in September to a seasonally adjusted annual rate of 4.91 million units from an upwardly revised 5.06 million units in August. The inventory of unsold homes on the market decreased to 3.48 million, an 8.5-month supply at the current sales pace, up from an 8.4-month supply in August.
Initial claims for unemployment benefits fell by 6,000 to 403,000 for the week ending October 15. Continuing claims for the week ending October 8 rose by 25,000 to 3.7 million.
Upcoming on the economic calendar are reports on the housing price index on October 25, new home sales on October 26 and pending home sales on October 27.

Craig Haueisen is a Loan Officer with Prospect Mortgage.  Please feel free to email him or call him for any of your Mortgage needs.

Office: 808-298-7549 or Email: craig.haueisen@prospectmtg.com
Click here to visit Craig's website and apply online: http://myprospectmortgage.com/CHaueisen

                                          

Wednesday Morning Coffee on Maui - 10/19/11

Aloha & Good Morning!

Are you ready to buy?  That's the question many of you are asking yourself.  Some of you are seasoned at the buying and selling of Real Estate, while others are working towards their first purchase.  I think the question is a serious one that requires a lot of thought and process.  There is a great 10-question quiz that I posted this week for anyone who is asking that question and looking for some direction.  Click on the titled link below and see what score you get.

10-Question Quiz: Are you ready to buy? 

Now if the question has been answered and you are working on the next big question... Am I ready to buy Maui Real Estate?  I have some good news for you!  This month Maui was named THE BEST ISLAND IN THE WORLD by Conde Nast Traveler.  This is the 17th year that Maui has held that title.  With all the many great reasons to come to Maui it is no wonder to me why Maui is the best island in the world!  Check out the entire article by clicking on the title below.

Article: Maui - Best Island In The World

Last week I announced the newest Real Estate Sales Maui listing at 301 Ohina Place in Kihei.  I want to share the video with you.  This gorgeous South Kihei home and ohana is located on a small cul-del-sac, only a few blocks up from World famous Kamaole III Beach Park. 

Looking for more great articles, videos and advice?  Check out the Real Estate Sales Maui Team on FACEBOOK, TWITTER and BLOGGER.

Looking for the current foreclosures on Maui?  Click HERE. 

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Lender Corner by Craig Haueisen                                                                                         
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending October 7 rose 1.3%. Refinancing applications increased 1.3%. Purchase volume rose 1.1%.
The trade deficit decreased slightly to $45.608 billion in August from a revised $45.625 billion in July. Exports fell 0.1% to $177.6 billion. Imports for August were virtually unchanged from July at $223.2 billion.
Retail sales rose 1.1% to $395.5 billion in September after an upwardly revised 0.3% increase in August. The gain was the biggest in seven months and twice what economists had estimated. On a year-over-year basis, retail sales rose 7.9%.
The Reuters/University of Michigan consumer sentiment index for October's preliminary reading fell to 57.5 from 59.4 in September. The index hit a 30-year low of 55.3 in November 2008.
Total business inventories rose 0.5% in August to $1.535 trillion, up 10.5% from a year ago. Total business sales increased 0.3% to $1.201 trillion in August, up 11.8% from a year ago. The total business inventories/sales ratio in August was 1.28.
Import prices rose 0.3% in September following a 0.4% decrease in August. On a year-over-year basis, import prices are up 13.4%, led mostly by a sharp rise in fuel prices. Export prices rose 0.4% in September after advancing 0.5% in August. For the year, import prices are up 9.5%.
Initial claims for unemployment benefits fell by 1,000 to 404,000 for the week ending October 8. Continuing claims for the week ending October 1 fell by 55,000 to 3.67 million.
Upcoming on the economic calendar are reports on the housing market index on October 18, housing starts on October 19 and existing home sales on October 20.

Craig Haueisen is a Loan Officer with Prospect Mortgage.  Please feel free to email him or call him for any of your Mortgage needs.

Office: 808-298-7549 or Email: craig.haueisen@prospectmtg.com
Click here to visit Craig's website and apply online: http://myprospectmortgage.com/CHaueisen

Wednesday Morning Coffee on Maui - 10/12/11

Aloha & Good Morning!

Did you know that I love referrals?  In fact, I think a referral is the highest compliment you can give me.  I strive every day to achieve and meet the goals of my clients and by doing so I hope that my reputation as a trusted Maui Realtor is passed on to new clients.  I've always been very appreciative of the referrals that I receive and now I want to make my Referral Program stronger and more vibrant than ever! 

The Real Estate Sales Maui Referral Program is open to anyone. There are two ways that we want to share our appreciation.

Realtor Referral Fee - As a professional courtesy there is always a Realtor Referral Fee that is shared with any Licensed Realtor that sends business to Real Estate Sales Maui, including your own personal transaction!

Non-Realtor Referral Program - This program is open to existing and past clients as well as anyone who helps grow the Real Estate Sales Maui business. You can participate in this program by referring anyone to buy or sell Real Estate with Real Estate Sales Maui. Upon a successful closing you will receive our special appreciation gift.

New Listing Announcement!

Check out the new listing that I just added this week; click on the MLS # for more info.

MLS# 349730  $799,000  4bd/2ba + 1bd/1ba ohana.  Gorgeous South Kihei home, with ohana, located on a small cul-de-sac, only a few blocks up from World famous Kamaole III Beach park.

Looking for more great articles, videos and advice?  Check out the Real Estate Sales Maui Team on FACEBOOK, TWITTER and BLOGGER.

Looking for the current foreclosures on Maui?  Click HERE.

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Lender Corner by Craig Haueisen                                                                                         
The Institute for Supply Management reported that the monthly composite index of manufacturing activity unexpectedly rose to 51.6 in September after a reading of 50.6 in August. A reading above 50 signals expansion.
It was the 26th straight month of expansion. Total construction spending rose 1.4% to $799.1 billion in August, following an upwardly revised 1.4% decrease in July. Economists had anticipated a decrease of 0.2% in August.
Factory orders fell 0.2% in August to a seasonally adjusted $451 billion, following a revised 2.1% increase in July. Excluding the volatile transportation sector, orders also fell 0.2% in August.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending September 30 fell 4.3%. Refinancing applications decreased 5.2%. Purchase volume fell 0.8%.
The Institute for Supply Management reported that the monthly composite index of non-manufacturing activity fell slightly to 53 in September from 53.3 in August. A reading above 50 signals expansion. It was the 22nd straight month of expansion in the services sector.
Wholesalers increased their inventories 0.4% to $464.3 billion in August. This followed a 0.8% rise in July. Sales at the wholesale level rose 1% to $401.3 billion in August. On a year-over-year basis, sales were 15.2% higher since August 2010.
Initial claims for unemployment benefits rose by 6,000 to 401,000 for the week ending October 1. Continuing claims for the week ending September 24 fell by 52,000 to 3.7 million. The monthly unemployment rate remained unchanged at 9.1% in September.
Upcoming on the economic calendar are reports on international trade on October 13 and retail sales on October 14.

Craig Haueisen is a Loan Officer with Prospect Mortgage.  Please feel free to email him or call him for any of your Mortgage needs.

Office: 808-298-7549 or Email: craig.haueisen@prospectmtg.com
Click here to visit Craig's website and apply online: http://myprospectmortgage.com/CHaueisen

Wednesday Morning Coffee on Maui - 10/05/11

Aloha & Good Morning!

Wow! How did the first week of October get here so fast? The last quarter of the year is upon us and I know that many of you are planning your November and December time-off.  Hopefully your plans include a trip to Maui!  The weather will be perfect, the whales will be here to greet you and the Real Estate Deals will be everywhere! 

In August I sent you a list of website links with great Maui deals for fall travel.  If you want to see that blog again you can visit it on the RESM Blogger Site - CLICK HERE

I have some new steals & deals for your Fall Maui Travel Plans.  As-well-as some great ideas for activities when you arrive! 

The Makena Beach & Golf Resort - Great deals on rooms at this beautiful resort!   

The Kaanapali Beach Hotel - $222 for hotel and car rental! 

Honua Kai Resort & Spa - 50% off + 5th night FREE!

Top 10 FREE Maui Activities - Love all the great FREE ideas here!  

Top 10 Tourist Things To Do On Maui - great ideas to help you with your travel plans.

Of course your number one activity to do when you are on Maui is to connect with me!  Let me know your travel plans and we can get together.  There are so many great activities we can do together, including a tour and personal viewing of your favorite Maui Real Estate Listings.  Keep me posted and we will make it a date!  

I wanted to bring you some HIGH vs LOW new listings.  Some of my readers are looking for high-end Real Estate while others are looking for lower-end Real Estate.  If you ask me all Real Estate is a worthy investment and I value all levels of commitment.  Check out the two photos below for both High and Low listings that just hit the market! Click on the MLS # to view the listing and let me know if you want more information. 

MLS # 349656 - 3bd/4ba 4 bath with a gorgeous views of the ocean!  

MLS #349646 - $116,000, 3bd/2ba with beautiful tile throughout; clean and ready to show!

Looking for more great articles, videos and advice?  Check out the Real Estate Sales Maui Team on FACEBOOK, TWITTER and BLOGGER.

Looking for the current foreclosures on Maui?  Click HERE.  

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Lender Corner by Craig Haueisen                                                                                         
New home sales fell 2.3% in August to a seasonally adjusted annual rate of 295,000 units from a revised rate of 302,000 units in July. Compared to a year ago, new home sales were up 6.1%.
The Standard & Poor's/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — rose 0.9% in July after a 1.2% increase in June. On a year-over-year basis, prices fell 4.1% compared with July 2010.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending September 23 rose 9.3%. Refinancing applications increased 11.2%. Purchase volume rose 2.6%.
Orders for durable goods — items expected to last three or more years — fell 0.1% in August after a revised 4.1% increase in July. Excluding volatile transportation-related goods, orders posted an identical monthly decrease of 0.1%.
In its third and final report for the second quarter of 2011, the Commerce Department announced that gross domestic product — the total output of goods and services produced in the U.S. — increased at a revised annual rate of 1.3% in the second quarter of 2011, compared to the previous estimate of 1%. This follows a 0.4% pace of growth in the first quarter of 2011.
Pending home sales, a forward-looking indicator based on signed contracts, fell 1.2% in August after a 1.3% increase in July. On a year-over-year basis, pending sales are up 13.1%.
Initial claims for unemployment benefits unexpectedly fell by 37,000 to 391,000 for the week ending September 24. Continuing claims for the week ending September 17 fell by 20,000 to 3.7 million.
Upcoming on the economic calendar are reports on construction spending on October 3 and factory orders on October 4.

Craig Haueisen is a Loan Officer with Prospect Mortgage.  Please feel free to email him or call him for any of your Mortgage needs.

Office: 808-298-7549 or Email: craig.haueisen@prospectmtg.com
Click here to visit Craig's website and apply online: http://myprospectmortgage.com/CHaueisen