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.
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.
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.
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.comClick here to visit Craig's website and apply online: http://myprospectmortgage.com/CHaueisen
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