Real Estate Sales Maui: March 2013

Wednesday, March 27, 2013

Wednesday Morning Coffee on Maui - 03/27/13

Aloha & Good Morning!

Today's forecast for Maui calls for scattered showers and a high of 80 degrees. Keep your eye out for rainbows!

NEW LISTING

This new listing at Kihei Resort is a first floor 1bd/1ba. Located directly across from Kalepolepo Beach Park and The Humpback Whale National Marine Sanctuary, the lush tropical gardens and peaceful lava rock fountains of Kihei Resort are a Hawaiian oasis. Less than a five minute walk to the north puts you at the beginning of Three Mile Beach, Maui's longest continuous sandy beach. Ideal for early morning or sunset walks, swimming and sunning. This condo was remodeled in March 2010 with granite kitchen counter tops, bamboo style flooring, new paint and a 42' flat screen TV. This unit has been in a vacation rental for years & does very well. Currently booked nearly through June with only a weeks and a half open at time of listing! This is such a beautiful complex with an Asian flare to it. Private swimming pool behind the foliage, Jacuzzi and BBQ area.

Check out the full listing and view more photos HERE!

IN THE NEWS

Maui's Easter Brunch Offerings - This Sunday is sure to be a busy day for all the local Maui eateries. Check out all the goodies for your Sunday brunch plans in this article.

Seven Tips for Staging Your Home To Sell - This feature article in USA Today has great tips to get your house ready to sell. First impressions make all the difference. Contact me today if you want to get your home ready to sell this spring/summer!

Best Time To Buy Items For Your Home - A quarterly and monthly breakdown of when you can get the best deal on all kinds of items for your home!

VIDEO ARTICLE - Check out this quick 4 minute interview with AAA Travel Agency to find out some deals and perks with Aloha Days. I'd love to see you here this summer and we can find your Maui Dream Address!

Win Hawaii Magazine's "Travaasa Giveaway" - This is a vacation package to scenic Hana, Maui. The giveaway ends on April 30th.

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

Lender Corner by Craig Haueisen

Last Week In The News

The combined construction of new single-family homes and apartments in February rose 0.8% to a seasonally adjusted annual rate of 917,000 units. Single-family starts increased 0.5%. Volatile multifamily starts rose 1.4%. Compared to the previous year, housing starts were up 27.7% in February. Applications for new building permits, seen as an indicator of future activity, rose 4.6% to an annual rate of 946,000 units.
The National Association of Home Builders/Wells Fargo monthly housing market index fell two points in March to 44. 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 March 15 fell 7.1%. Purchase volume fell 4%. Refinancing applications decreased 8%.
Existing home sales rose 0.8% in February to a seasonally adjusted annual rate of 4.98 million units from 4.94 million units in January. Compared to a year ago, existing home sales were up 10.2% in February. The inventory of unsold homes on the market rose 9.6% to 1.94 million in February, a 4.7-month supply at the current sales pace, up from a 4.3-month supply in January.
The index of leading economic indicators — designed to forecast economic activity in the next three to six months — rose 0.5% in February, following an upwardly revised 0.5% increase in January.
Initial claims for unemployment benefits for the week ending March 16 rose by 2,000 to 336,000. Continuing claims for the week ending March 9 rose by 5,000 to 3.053 million. The less volatile four-week average of claims for unemployment benefits was 339,750, the lowest level since February 2008.

Upcoming on the economic calendar are reports on the housing price index and new home sales on March 26, and pending home sales on March 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.com
Click here to visit Craig's website and apply online: http://myprospectmortgage.com/CHaueisen

Wednesday, March 20, 2013

Wednesday Morning Coffee on Maui - 03/20/13

Aloha & Good Morning!

Today's forecast for Maui will be few clouds early in the day and then mostly sunny with a high of 81 degrees.

The Realtors Association of Maui recently released the February Sales Statistics. I think it is important to point out that today's information below is only reflective of two months of data. When looking at the residential sales the information below shows the same number of units sold for the first two months of 2012 and 2013. The number of units sold for condo and vacant land were slightly down when comparing the year-to-date data. Remember we are only looking at two months of data when comparing the two years. As expected the condo sales rose from a total of 61 units sold in January 2013 to a total of 101 units sold for February 2013.

This second set of numbers shows the median sales price for the same three key areas. Again, this set of information only reflects only two months of this year. However, when looking at this data it is positive to point out that the residential median sales prices held steady and that condo median sales prices had a substantial increase and land median sales prices were grossly elevated.

If you are looking to sell property... the key is to set your price with competing properties. Know what you are up against. Be prepared to so that your property is attractive to buyers. You can call or email me today and we can look at comparable sales in your neighborhood. I have great tools to help you get your property seen and sold!

If you are a buyer... take advantage of the very low interests rates. The low interest rates will not be here forever. Once you have a pre-approval you can shop with confidence and find your dream Maui address. The inventory is down but the prices are also still low and as you can see they are rising. Now is the time to get into the market. You can call or email me today and we can set up a meeting to determine what you want in your next Maui real estate purchase.

OPEN HOUSE

Come check out the best of the best! This ocean view is amazing and you won't want to miss out on seeing it during this open house. Unable to come? Check out the full listing HERE!

WHEN: Wednesday, March 20th from 3:00 PM to 5:00 PM

WHERE: Kamaole Sands

2695 S Kihei Road, #5-305

Need help finding the open house? Give me a call or text 808-298-7850

NEW LISTING

This new listing hasn't even hit the Maui MLS yet! Be one of the first to preview this beautiful lot in the sought after gated community of Wailea Kialoa. Located on a cul-de-sac. Gentle slope with some ocean views at the top end. Just a few blocks to world famous Keawakapu Beach and several world class restaurants. Call or email me today to be one of the first to make an offer on this lot!

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

Lender Corner by Craig Haueisen
Last Week In The News
Retail sales rose 1.1% to $421.4 billion in February. This follows a 0.2% increase in January. Compared to February 2012, retail sales have increased 4.6%.
Consumer prices rose 0.7% in February, following a flat reading in January. Compared to February 2012, consumer prices have risen 2%. Consumer prices at the core rate — excluding volatile food and energy prices — were up 0.2% in February.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending March 8 fell 4.7%. Purchase volume fell 3%. Refinancing applications decreased 5%.
Total business inventories rose 1% in January to $1.642 trillion, up 5.6% from a year ago. Total business sales decreased 0.3% to $1.268 trillion in January, up 2.9% from a year ago. The total business inventories/sales ratio in January was 1.29.
The producer price index, which tracks wholesale price inflation, rose 0.7% in February, following a 0.2% increase in January. On a year-over-year basis, wholesale prices were up 1.7% in February. Core prices — excluding food and fuel — rose 0.2% in February.
Industrial production at the nation's factories, mines and utilities rose 0.7% in February after a flat reading in January. Compared to February 2012, industrial production has increased 2.5%. Capacity utilization rose to 79.6% in February from 79.2% in January.
Initial claims for unemployment benefits for the week ending March 9 fell by 10,000 to 332,000, the lowest level since January 2008. Continuing claims for the week ending March 2 fell by 89,000 to 3.024 million. The less volatile four-week average of claims for unemployment benefits was 346,750.
Upcoming on the economic calendar are reports on the housing market index on March 18, housing starts on March 19 and existing home sales on March 21.
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, March 13, 2013

Wednesday Morning Coffee on Maui - 03/13/13

Aloha & Good Morning!

The current Maui temperature today will be a high of 78 degrees with a chance of showers during the morning.

FEATURED LISTINGS

The listings below are all under my license and some are pending contract. However, I am continuing to show the listing. In the current market it doesn't hurt to show a listing as long as it is still viable and to take back-up offers. There is a rise in the number of offers that are coming in and buyers are eager to put in back-up offers and contingencies to get the properties that they want.

NEW - CONDO LISTING

District: Kihei
Building: Haleakala Gardens Unit: 11G
Address: 15 Kulanihakoi Street
Bed(s): 2 Bath(s): 2.00
Living Area: 883 SF
View: Garden View
Maintenance Fee: $454