Wednesday Morning Coffee on Maui - 01/23/13

Aloha & Good Morning!

Today's forecast for Maui will be mainly sunny with a high in the low 80's. 

In December the Windermere Foundation hosted a very successful fundraising event.  The 2nd Annual Sharing, Shopping and Symphony Event was an over-the-top gala that helped raise $20,000 for the local Boys and Girls Club on Maui.  I was so lucky and proud to be a part of this amazing event and to be present this past week when the check was presented.

This pictures shows the group of us at the presentation of the check to the Boys and Girls Club.  From left to right, Sherry Llanes, Broker in Charge at Windermere Valley Island Properties, Bob Dye, General Manager of the Shops at Wailea, Colin Hanlon, Chief Professional Officer of the Boys and Girls Club, Leslie Yokouchi, President of Windermere Valle Island Properties, Debbie Guimond, Realtor Associate at Windermere Valley Island Properties and Cynthia Lallo, Director of Development of the Boys and Girls Club.

HAIKU HOT BUY

Check out this Haiku HOT BUY! This is a 6 Bedroom / 4 bath home of 1452 sqft., with a 700 sqft. 2 Bedroom / 1 bath ohana all on .55 acre. At the top of Kokomo Rd. it's very close to Makawao and has great Mountain views. This is a Bank Owned property (REO) and is priced to sell.

 

View the full listing - HERE!   

LOCAL MAUI NEWS 

Princess Cruises Adds Maui Stop to 2014 Schedule - Princess Cruises is adding Maui to its early 2014 schedule as part of its Hawaii stop on its way from Tahiti in the South Pacific.

Sheldon Simeon Shares 'Top Chef' Experiences - Maui Chef Sheldon Simeon of Star Noodle in Lahaina continues to shine on Bravo’s Top Chef, not just for his culinary prowess, but for his undeniable and seemingly unflappable sweetness and charm.

Four Seasons Wailea Ranked 2nd Among Top US Hotels - The Four Seasons Resort Maui at Wailea was ranked second in the newly released Traveler’s Choice 2013 awards for the top 25 hotels in the US.

New listings have been added to the Windermere Valley Isle Properties YouTube Channel.  If you want to keep up-t-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 combined construction of new single-family homes and apartments in December rose 12.1% to a seasonally adjusted annual rate of 954,000 units. Single-family starts increased 8.1%. Volatile multifamily starts rose 20.3%. Compared to the previous year, housing starts were up 36.9% in December. Applications for new building permits, seen as an indicator of future activity, rose 0.3% to an annual rate of 903,000 units.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending January 11 rose 15.2%. Purchase volume rose 13%. Refinancing applications increased 15%.
The producer price index, which tracks wholesale price inflation, fell 0.2% in December, following a 0.8% decrease in November. On a year-over-year basis, wholesale prices were up 1.3% in December.
Retail sales rose 0.5% to $415.7 billion in December. This follows a 0.4% increase in November. Compared to December 2011, retail sales have increased 4.7%.
Consumer prices were unchanged in December, following a 0.3% decrease in November. Compared to December 2011, consumer prices have risen 1.7%.
The National Association of Home Builders/Wells Fargo monthly housing market index remained unchanged in January at 47, holding at the highest level since April 2006. An index reading below 50 indicates negative sentiment about the housing market.
Initial claims for unemployment benefits for the week ending January 12 fell by 37,000 to 335,000, the lowest level since January 2008. Continuing claims for the week ending January 5 rose by 87,000 to 3.214 million. The less volatile four-week average of claims for unemployment benefits was 359,250.
Upcoming on the economic calendar are reports on existing home sales on January 22 and new home sales on January 25.
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