PRICE REDUCTION ANNOUNCEMENT! Here is a huge opportunity for anyone looking to purchase an ocean front condo on Maui. My listing for Ma'alaea Yacht Club was just reduced to $119,000! What a bargain for an ocean front condo on the beautiful island of Maui! This 1bd/1ba condo is located in a completely secured building, you must have a code to enter the elevator. Enjoy unbelievable ocean view and breezes in this gorgeous complex. Block building keeps you cool and noise low. Gorgeous ocean front swimming pool and BBQ area. Best of all... the seller is motivated to sell and will consider all offers!
Price Reduced - $119,000 - View Listing - CLICK HERE
If this condo is just what you are looking for or if you are considering a condo as your next Real Estate purchase then you will be interested in the following article. It is always good to know what you want out of a condo and if condo living is the best choice for you. This featured condo is available for short-term rental and could be used as a vacation home on this beautiful island.
ARTICLE: Choosing a Condo
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Looking for the current foreclosures on Maui? Click HERE.
Last Week In The News
Retail sales rose 0.7% for the week ending October 29, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 3%.
The Institute for Supply Management reported that the monthly composite index of manufacturing activity fell to 50.8 in October after a reading of 51.6 in September. A reading above 50 signals expansion. It was the 27th straight month of expansion.
Total construction spending rose 0.2% to $787.2 billion in September, following an upwardly revised 1.6% increase in August. Economists had anticipated an increase of 0.3% in September.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending October 28 rose 0.2%. Refinancing applications decreased 0.2%. Purchase volume rose 1.8%.
Factory orders rose 0.3% in September to a seasonally adjusted $453.5 billion, following a revised 0.1% increase in August. Excluding the volatile transportation sector, orders rose 1.3% in September.
The Institute for Supply Management reported that the monthly composite index of non-manufacturing activity fell slightly to 52.9 in October from 53 in September. A reading above 50 signals expansion. It was the 23rd straight month of expansion in the services sector.
Initial claims for unemployment benefits fell by 9,000 to 397,000 for the week ending October 29. Continuing claims for the week ending October 22 fell by 15,000 to 3.68 million. The monthly unemployment rate fell to 9% in October from 9.1% in September. The Labor Department said the economy added 158,000 jobs in September and revised figures in August to a gain of 104,000 from 57,000.
Upcoming on the economic calendar are reports on wholesale trade on November 9 and international trade on November 10.
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
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