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.
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!
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
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
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