Wednesday Morning Coffee on Maui - 12/19/12

Aloha & Good Morning!

From our family to yours we send our best wishes for a wonderful holiday season and our sincere thanks for your loyalty and goodwill throughout the year. 

We will be back in 2013 with great news and updates! 

Aloha,  Debbie Guimond and the Real Estate Maui Team

Wednesday Morning Coffee on Maui - 12/12/12

Aloha & Good Morning!

The current Maui temperature today will be a high of 81 degree with clouds and a possible shower.   

As the year draws down to an end I am happy to remind you that the Maui Real Property Tax Exemption Filing Deadline is also approaching.  The article below has great information to help you with this filing deadline.  Let me know if you need the form and I'll be happy to get it to you.  You only have a few weeks left to file!

ARTICLE: Maui Real Property Tax Exemption Filing Deadline Nears   

The Realtors Association of Maui released the November Sales Statistics and the number of units sold was up in all three categories of sales, Residential, Condo and Vacant Land.



This second set of numbers shows the median sales price for the same three key areas.  All categories were up when comparing the same block of months from 2012 and 2011.   



What does it all mean?  If you are looking to sell property and you are able to price it to sell then you may find your property will go fast with multiple offers from buyers.  One must be motivated to sell and realistic about the price they ask for their property.   You can call or email me today and we can set up a meeting to look over the comparable sales in your neighborhood.

If you are a buyer and you are not already pre-approved for a mortgage then now is your time to get started.  Sellers want to have qualified buyers and you will want to show your ability to buy with that pre-approval.  Moreover, you do not want to miss out on the low mortgage rates that are being offered.  It is only a matter of time before there is a change in the current rates.  And if you are a first time home-buyer then you will want to take advantage of low rates, first time buyer incentives and a market that is on the cusp of changing.

New listings have been added to the Windermere Valley Isle Properties YouTube Channel.  If you want to keep up-to-date with the newest listings you can follow them by clicking HERE!   
  

Don't forget to get your name in for this year's exciting i-Pad giveaway!  

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

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Lender Corner by Craig Haueisen                                                                                         
Last Week In The News

Manufacturing activity fell to 49.5 in November after a reading of 51.7 in October. A reading below 50 signals contraction. This was the first contraction in manufacturing following two consecutive months of expansion.
Total construction spending rose 1.4% to $872.1 billion in October, following a revised 0.5% increase in September. Compared to October 2011, construction spending has risen 9.6%.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending November 30 rose 4.5%. Purchase volume rose 0.1%. Refinancing applications increased 6.1%.
The Labor Department reported that in the third quarter, productivity rose at an annual rate of 2.9% and labor costs decreased at an annual rate of 1.9%.
Factory orders rose 0.8% in October to a seasonally adjusted $477.6 billion, following a 4.5% increase in September. Excluding the volatile transportation sector, orders increased 1.3% in October.
Non-manufacturing activity rose slightly to 54.7 in November from 54.2 in October. A reading above 50 signals expansion. It was the 35th straight month of expansion in the services sector.
The Reuters/University of Michigan consumer sentiment index for December's preliminary reading fell to 74.5 from 82.7 in November. The decline was attributed to growing concerns about higher taxes.
Initial claims for unemployment benefits for the week ending December 1 fell by 25,000 to 370,000. Continuing claims for the week ending November 24 fell by 100,000 to 3.205 million. The unemployment rate fell to 7.7% in November from 7.9% in October. Employers added 146,000 jobs in November.
Upcoming on the economic calendar are reports on wholesale trade on December 11 and retail sales on December 13.
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 - 12/05/12

Aloha & Good Morning!

The current Maui temperature today will be a high of 82 degrees.  We can expect some showers in the morning and a cloudy afternoon.  

  

Saturday's special event for the Windermere Foundation was a success!  The 2nd Annual Sharing, Shopping and Symphony Event was really over-the-top and I am so glad to be a part of such a great organization.  I hope to have pictures and more info to share with you next week.

This week I want to share with you the First Hawaiian Bank Economic Forecast.  This report is loaded with great information for the local Hawaii economy.  In the report you will see forecasts and data presented by Dr Leroy Laney who is the Economic Advisor to First Hawaiian Bank and a Professor of Economics and Finance at Hawaii Pacific University. He has some great predictions for 2013 that shows gains in job growth, visitor arrivals and more.

If you want a see Maui specific data you can skip up to page 6.  Dr Laney shows that Maui county has an uptick in construction activity and that we are the only county to have that kind of increase.  He also lays out a nice list of current and future construction projects on Maui.   In Real Estate, Dr Laney has the same message that I have been saying... this is the time to buy and if you wait you may not find the property you were hoping to get.  With low mortgage rates and prices at their current levels it is a great time to get into the Maui market!

The entire report is available at the link below.

ARTICLE: Economic Forecast

New listings have been added to the Windermere Valley Isle Properties YouTube Channel.  If you want to keep up-to-date with the newest listings you can follow them by clicking HERE!   
  

Don't forget to get your name in for this year's exciting i-Pad giveaway!  

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

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Lender Corner by Craig Haueisen                                                                                          

Last Week In The News

Orders for durable goods — items expected to last three or more years — increased slightly to $216.9 billion in October. This increase follows a downwardly revised 9.2% increase in September. Excluding volatile transportation-related goods, October orders posted a monthly increase of 1.5%.
The Standard & Poor's/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — rose 0.3% in September, following a 0.8% increase in August. On a year-over-year basis, prices rose 3% compared with September 2011.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending November 23 fell 0.9%. Refinancing applications decreased 2%. Purchase volume rose 3%.
New home sales fell 0.3% in October to a seasonally adjusted annual rate of 368,000 units from a downwardly revised rate of 369,000 units in September. On a year-over-year basis, new home sales were up 17.2% compared with October 2011. At the current sales pace, there's a 4.8-month supply of new homes on the market.
The Commerce Department announced that gross domestic product — the total output of goods and services produced in the U.S. — increased at an annual rate of 2.7% in the third quarter of 2012, compared to the initial estimate of 2%. This follows a 1.3% pace of growth in the second quarter of 2012.
Pending home sales, a forward-looking indicator based on signed contracts, rose 5.2% in October after a revised 0.4% increase in September. On a year-over-year basis, pending home sales were up 13.2% compared with October 2011.
Initial claims for unemployment benefits for the week ending November 24 fell by 23,000 to 393,000. Continuing claims for the week ending November 17 fell by 70,000 to 3.287 million.
Upcoming on the economic calendar are reports on construction spending on December 3 and factory orders on December 5.
 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 - 11/28/12

Aloha & Good Morning!

The current Maui temperature today will be a high of 81 degree with mostly sunny skies!   

I hope you all had a great Thanksgiving holiday.  I am filled with more and more gratitude every day and I wanted to share with you some of the ways that Maui shows gratitude and gives back to the community.
This Saturday there is a special event for the Windermere Foundation.  It is the 2nd Annual Sharing, Shopping and Symphony Event and it is a great way to kick off the holiday season by first giving to those in need.  This year's event will include a top shelf silent auction, ample food and spirits and wonderful live entertainment including Willie K, Lily Meola, Lisa Porter and the Maui Pops! You don't want to miss out on this premiere event - - Get YourTickets Today!

When: Saturday, December 1, 2012 from 5-9:00 PM

Where: The Shops at Wailea - East Wing, 3750 Wailea Alanui Drive, Wailea-Makena, HI 96779

Why: The Windermere Foundation and The Shops at Wailea have partnered with the Boys & Girls Club of Maui to help build a new Boys & Girls clubhouse in Paukukalo. Please help us to support the Boys & Girls Club and make a difference in the lives of Maui's youth.

How: Purchase Tickets Today - Tickets can be purchased for $50 either online or in person at one of our three Windermere offices: Kahului, Wailea or Paia or online at www.WindermereOhanaAndYou.org

Another great way to give back is through the purchase of this home below.

Spectacular Haiku Estate

All Proceeds of this sale go to the Hawaiian Education Fund for our Keiki.

Spectacular Haiku Estate ~ Perfect location with outstanding North Shore Ocean Views located on the top of Kokomo close to Makawao town. This stunning property sits on 5 acres perched up on Maliko gulch, providing the ultimate in privacy. This amazing 4408 sq.ft. home offer 4 bedrooms & 2.5 baths, including a 1318 sq.ft three car garage. Multiple lanai's, including media room and additional storage room off the kitchen. Master suite is approx 1000sq.ft. alone providing a grandular bath/spa with separate walk-in shower abounding with rich marble and wood floors - also set up for handicap use as a bonus. Enjoy entertaining in the oversized living room around the cozy lava encased fireplace. The open kitchen offers lots of space for large family gatherings. Beautiful landscaping throughout including koi pond, multiple waterfall features including a galvanite pool & gazebo - offering a real resort feel. All proceeds to this sale go to the Hawaiian Education Fund for our Keiki.

Contact me today to set up a showing! 808-298-7850

New listings have been added to the Windermere Valley Isle Properties YouTube Channel.  If you want to keep up-to-date with the newest listings you can follow them by clicking HERE!    

  

Don't forget to get your name in for this year's exciting i-Pad giveaway!  

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

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Lender Corner by Craig Haueisen                                                                                         

Last Week In The News

Existing home sales rose 2.1% in October to a seasonally adjusted annual rate of 4.79 million units from 4.69 million units in September. Compared to a year ago, existing home sales were up 10.9% in October. The inventory of unsold homes on the market fell 1.4% to 2.14 million in October, a 5.4-month supply at the current sales pace, down from a 5.6-month supply in September.
The National Association of Home Builders/Wells Fargo monthly housing market index rose five points in November to 46, the highest level since May 2006. This marks the seventh consecutive monthly gain. An index reading below 50 indicates negative sentiment about the housing market.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending November 16 fell 2.2%. Refinancing applications decreased 3%. Purchase volume rose 3%.
The combined construction of new single-family homes and apartments in October rose 3.6% to a seasonally adjusted annual rate of 894,000 units. Single-family starts decreased 0.2%. Volatile multifamily starts rose 11.9%. Compared to a year ago, housing starts were up 41.9% in October. Applications for new building permits, seen as an indicator of future activity, fell 2.7% to an annual rate of 866,000 units.
The index of leading economic indicators — designed to forecast economic activity in the next three to six months — rose 0.2% in October, following a revised 0.5% increase in September.
Initial claims for unemployment benefits for the week ending November 17 fell by 41,000 to 410,000. Continuing claims for the week ending November 10 fell by 30,000 to 3.337 million.
Upcoming on the economic calendar are reports on the housing price index on November 27, new home sales on November 28 and pending home sales on November 29.

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 - 11/21/12

Aloha & Good Morning!

The current Maui temperature today will be a high of 83 degree with considerable cloudiness and an occasional rain shower.   

There is so much to be thankful for each year and so many of us spend this time to reflect on our gratitude.  For me, I can't thank you enough for being a client and a friend.  I'm thankful that you trust me to be your realtor and to allow me and my team to help you find your Dream Maui Address.  

I'm wishing you and yours a fantastic Thanksgiving!

Sincerely,

Debbie Guimond, R(S), ABR, RRS and the Real Estate Sales Maui Team

New listings have been added to the Windermere Valley Isle Properties YouTube Channel.  If you want to keep up-to-date with the newest listings you can follow them by clicking HERE!    

  

Don't forget to get your name in for this year's exciting i-Pad giveaway!  

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

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Lender Corner by Craig Haueisen                                                                                          

Last Week In The News

The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending November 9 rose 12.6%. Refinancing applications increased 13%. Purchase volume rose 11%.
The producer price index, which tracks wholesale price inflation, fell 0.2% in October, following a 1.1% increase in September. On a year-over-year basis, wholesale prices were up 2.3% in October. Core prices — excluding food and fuel — fell 0.2% in October.
Retail sales fell 0.3% to $411.6 billion in October. This follows an upwardly revised 1.3% increase in September. Compared to October 2011, retail sales have increased 3.8%.
Total business inventories rose 0.7% in September to $1.612 trillion, up 6.2% from a year ago. Total business sales increased 1.4% to $1.263 trillion in September, up 4.4% from a year ago. The total business inventories/sales ratio in September was 1.25.
Consumer prices rose 0.1% in October, following a 0.6% increase in September. Compared to October 2011, consumer prices have risen 2.2%. Consumer prices at the core rate — excluding volatile food and energy prices — were up 0.2% in October.
Industrial production at the nation's factories, mines and utilities fell 0.4% in October after increasing 0.2% in September. Compared to October 2011, industrial production has increased 1.7%. Capacity utilization fell to 77.8% in October from a revised 78.2% in September.
Initial claims for unemployment benefits for the week ending November 10 rose by 78,000 to 439,000. Continuing claims for the week ending November 3 rose by 171,000 to 3.334 million.
Upcoming on the economic calendar are reports on existing home sales on November 19 and housing starts on November 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 - 11/14/12

Aloha & Good Morning!

The current Maui temperature today will be a high of 84 degree with sunny to party cloudy skies.  

  

Are you coming to Maui for the holidays?  Have you been thinking about it?  Well it is never too late to make your plans and come bask in the warm sun and healing waters off of Maui!  Need advice on where to stay?  Give me a jingle and I'll be more than happy to help you with some suggestions for both hotels and private condo and home rentals. 

 

Once you are here we can get together and look for your Dream Maui Property!  Rates are still low, prices are slowly coming back and now is a great time to get in on the Maui market.

First visit the sand and sun!  Then visit me at Windermere Valley Isle Properties!

Below are some articles to help with your Maui vacation planning:

ARTICLE: Thirteen Ways to Save on a Hawaiian Vacation    

ARTICLE: New flights to the South Pacific make avoidingwinter easier    

ARTICLE: Start Your Windsurfing Vacation in Kahului    

ARTICLE: Whale Watching Four Season Resort Maui Style Setfor Winter Season 2012-2013    

VIDEO: Momma and Baby Whale - Taken by my family member on a whale watch last season    

New listings have been added to the Windermere Valley Isle Properties YouTube Channel.  If you want to keep up-to-date with the newest listings you can follow them by clicking HERE!    

  

Don't forget to get your name in for this year's exciting i-Pad giveaway!  

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

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Lender Corner by Craig Haueisen                                                                                         

Last Week In The News

The Reuters/University of Michigan consumer sentiment index for November's preliminary reading rose to 84.9 from 82.6 in October. It was the highest level since July 2007.
Retail sales fell 0.2% for the week ending November 3, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 1.4%.
Non-manufacturing activity fell slightly to 54.2 in October from 55.1 in September. A reading above 50 signals expansion. It was the 34th straight month of expansion in the services sector.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending November 2 fell 5%. Refinancing applications decreased 5%. Purchase volume fell 5%.
According to the Federal Reserve, monthly consumer credit debt rose $11.4 billion in September for a total credit debt level of $2.737 trillion. Revolving debt, which includes credit cards, decreased $2.9 billion to $852 billion. Non-revolving debt, including loans for cars, rose $14.3 billion to $1.885 trillion.
The trade deficit decreased to $41.5 billion in September from a revised $43.8 billion in August. Exports rose $5.6 billion or 3.1% to $187 billion. Imports increased $3.4 billion or 1.5% to $228.5 billion.
Wholesalers increased their inventories 1.1% to $494.2 billion in September. Sales at the wholesale level rose 2% to $414 billion in September. On a year-over-year basis, sales were 4.4% higher since September 2011.
Initial claims for unemployment benefits for the week ending November 3 fell by 8,000 to 355,000. Continuing claims for the week ending October 27 fell by 135,000 to 3.127 million.
Upcoming on the economic calendar are reports on retail sales on November 14 and industrial production on November 16.

 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