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

PRICE - - $195,000 Fee Simple
MLS: 355505
Status: ACTIVE (DOM:2)

NEW - CONDO LISTING
District: Kihei
Building: Kamaole Sands  Unit: 5-305
Address: 2695 S Kihei Road
Bed(s): 2  Bath(s): 2.00
Living Area: 1036 SF
View: Ocean
Maintenance Fee: $591.42
Pool: Yes

PRICE - - $749,000 Fee Simple
MLS: 355518
Status: ACTIVE (DOM:1)

CONDO LISTING
District: Kihei
Building: Kihei Alii Kai Unit: D106
Address: 2387 S Kihei Road
Bed(s): 1 Bath(s): 1.00
Living Area: 700 SF
View: Mountain/Ocean
Maintenance Fee: $404.32
Pool: Yes

Price: $280,000 Fee Simple
MLS: 353989
Status: PENDING - CONT. TO SHOW

VACANT LAND LISTING
District: Haiku
Address: 6170 Hana Highway
Land Area: 4.08 Acres
View: Mountain/Ocean

PRICE REDUCTION - - $239,000 Fee Simple
MLS: 351727
Status: ACTIVE
                                                CLICK HERE FOR MORE PHOTOS

RESIDENTIAL LISTING
District: Haiku
Address: 800 Door of Faith Road
Bed(s): 2 Bath(s): 2.00
Living Area: 1,004 SF
Land Area: 2.62 Acres
View: Mountain/Ocean
Ohana Bed: 1  Ohana Bath: 1.00
Ohana Living Area: 728 SF

Price: $1,100,000 Fee Simple
MLS: 352141
Status: PENDING-CONTINUE TO SHOW

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
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 March 1 rose 14.8%. Purchase volume rose 15%. Refinancing applications also increased 15%.
Non-manufacturing activity rose to 56 in February from 55.2 in January. A reading above 50 signals expansion. It was the 38th straight month of expansion in the services sector.
Factory orders fell $9.6 billion or 2% in January to a seasonally adjusted $472.9 billion. This follows a 1.3% increase in December. Excluding the volatile transportation sector, orders increased 1.3% in January.
The trade deficit increased to $44.4 billion in January from $38.1 billion in December. Exports fell $2.2 billion or 1.2% to $184.5 billion. Imports increased $4.1 billion or 1.8% to $228.9 billion.
Retail sales rose 0.2% for the week ending March 2, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 1.8%.
Wholesalers increased their inventories 1.2% to $504.4 billion in January. Sales at the wholesale level fell 0.8% to $415.4 billion in January. On a year-over-year basis, sales were 3% higher than January 2012.
Initial claims for unemployment benefits for the week ending March 2 fell by 7,000 to 340,000. Continuing claims for the week ending February 23 rose by 7,000 to 3.09 million. The less volatile four-week average of claims for unemployment benefits was 348,750, the lowest level since early March 2008. The unemployment rate decreased to 7.7% in February from 7.9% in January. Employers added 236,000 jobs in February.
Upcoming on the economic calendar are reports on retail sales on March 13 and industrial production on March 15.
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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