Aloha & Good Morning!
Today's forecast for Maui will be sunny with
a high of 79 degrees!
There are a lot of
great real estate articles online this week. I thought I'd share some of my
favorites with you this week. Please let
me know if you are in need of any further information on any of these topics.
FHA
Soon to Increase Insurance Premiums - Effective
April 1, 2013
Top 2013 Real Estate Trends - Four interesting predictions about this year's real estate trends. I loved the quote at the beginning of this article - “It is tough to make predictions, especially about the future.” Yogi Berra
The
No. 1 Mistake in Real Estate - Clark Howard's
biggest mistake for buyers and sellers... I hope for sellers that you read this
and think of me as your go-to agent on Maui.
10
Places You Never Thoughts You Could Afford: 2013 Edition - Hawaii is on the list!
Flying
Cheap on Hawaii Vacation - Get deals before they
are published!
Bucket List
of 24 Things To Do in Maui, Hawaii - Just a fun
list to read.
KULA HOME WITH AMAZING VIEWS
The bi-costal
views from this 3 bedroom, 3 bath Kula Manu home are beyond amazing! This custom built home has high vaulted
ceilings, surround sound, fireplace, recessed lighting and a cozy lani with
trex decking. The kitchen is superb with
custom granite counters, porcelain tile, custom wood cabinets, stainless
appliances, gas cooking and more. I
would love to take you up to this home for a showing so call or email me today!
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
Last
Week In The News
Existing home sales rose 0.4% in January to a seasonally adjusted annual
rate of 4.92 million units from 4.90 million units in December. Compared to a
year ago, existing home sales were up 9.1% in January. The inventory of unsold
homes on the market fell 4.9% to 1.74 million in January, a 4.2-month supply at
the current sales pace, down from a 4.5-month supply in December. The National Association of Home Builders/Wells Fargo monthly housing market index fell one point in February to 46. 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 February 15 fell 1.7%.
Refinancing applications decreased 1.6%. Purchase volume fell 1.7%. The combined construction of new single-family homes and apartments in January fell 8.5% to a seasonally adjusted annual rate of 890,000 units. Single-family starts increased 0.8%. Volatile multifamily starts fell 24.1%. Compared to the previous year, housing starts were up 23.6% in January. Applications for new building permits, seen as an indicator of future activity, rose 1.8% to an annual rate of 925,000 units.
Consumer prices were unchanged in January, following a flat reading in December. Compared to January 2012, consumer prices have risen 1.6%. Consumer prices at the core rate — excluding volatile food and energy prices — were up 0.3% in January.
Initial claims for unemployment benefits for the week ending February 16 rose by 20,000 to 362,000. Continuing claims for the week ending February 9 rose by 11,000 to 3.148 million. The less volatile four-week average of claims for unemployment benefits was 360,750.
Upcoming on the economic calendar are reports on the housing price index on February 26 and pending home sales on February 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.comClick here to visit Craig's website and apply online: http://myprospectmortgage.com/CHaueisen
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