Aloha & Good Morning!
Today Maui will have rain showers and a high
of 88 degrees.
Hurricane Flossie was downgraded to a tropical
depression as it came over Maui this week. We were all prepared for this storm
and very relieved that it lost momentum as it reached us. The storm brought with it one of most amazing
lighting shows that Maui has seen in a very long time. Luckily the storm has moved on and life on
this beautiful island is slowly getting back to normal.
During the storm our real estate business on Maui
never stopped! We've been very busy and
want to make sure you have all the up-to-date info to help you buy or sell Maui
property!
I'm really excited to tell you that I'll be
hosting an open house at Kamaole Sands today.
This condo has the best views! The unit boasts several views from
different rooms of both the ocean and Haleakala. Come by today and check the views out for
yourself and see this amazing condo and community. All the details are listed below in this
newsletter.
BEACH FRONT PROPERTY
There is an undeveloped beach front listing in North Kihei. It is one of a very few undeveloped beach
front parcels that are left in the Kihei-Wailea-Makena area and is located on
the 800 block of South Kihei Road. The
lot was recently subdivided and is zoned A-2 so it allows for both residential and
multi-family uses. Contact me today to
get more info or to schedule some time to go see this vacant lot listing. 
OPEN HOUSE
This is the best of the best in
Kihei! VIEW, VIEW, VIEW!!! Ocean view from master bedroom, ocean view from
living room and kitchen & gorgeous Haleakala view from 2nd bedroom. Watch
the sunrise over Haleakala in the am & sunset from your ocean view lanai.
Watch the whales jump & Mamma & baby swim by without leaving your
condo. Continuous sheltered ocean breezes & sheltered afternoon sun from
the position of the building & placement of palms trees, makes the location
of this unit superb! A/C is rarely needed. This condo is a rare two bed/two
bath in the inner circle & all on one level. Completely remodeled in 2006.
Cabinets are African mahogany with a bamboo pattern carved into the doors.
Granite countertops. Double sink in master bath. This beautiful 15 acre complex
is located directly across from Kamaole Beach III. It boasts a large swimming
pool, 3 hot tubs, 3 tennis courts & 8 BBQ areas. Fresh water ponds &
waterfalls add to the gorgeous tropical landscaping. There is also an onsite
activities desk, a gym with new equipment & professional security. Each
gate has video surveillance cameras as well as throughout the complex. AND, to
top it off...weekly Maui Tai parties at the pool, offering professional
singers, hula dancers & free drinks!!! Unit being sold furnished. Has two
parking spaces.
Unable to come?
Check out the full listing HERE!
WHEN: Wednesday,
July 31st from 11:00 AM to 3:00 PM
Hosted by Debbie Guimond, R(s), ABR, RRS
~and again~
WHEN: Sunday, August
4th from 2:00 PM to 5:00 PM
Hosted by Ed Coughlin, R(s)
WHERE: Kamaole
Sands
2695 S Kihei Road, #5-305
Need help finding the
open house? Give me a call or text
808-298-7850
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 Looking for the current Bank Owned Foreclosures on Maui? Click HERE.
Last
Week In The News
The Reuters/University of Michigan consumer sentiment index for July's final
reading rose to 85.1, which is the best reading since July 2007.New home sales rose 8.3% in June to a seasonally adjusted annual rate of 497,000 units, a new recovery high. On a year-over-year basis, new home sales were 38.1% higher than June 2012. At the current sales pace, there is a 3.9-month supply of new homes on the market.
Existing home sales fell 1.2% in June to a seasonally adjusted annual rate of 5.08 million units from 5.14 million units in May. Compared to a year ago, existing home sales were up 15.2% in June. The inventory of unsold existing homes on the market rose 1.9% to 2.19 million in June, a 5.2-month supply at the current sales pace, up from a 5-month supply in May.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending July 19 fell 1.2%. Purchase volume fell 2%. Refinancing applications decreased 1%.
Orders for durable goods — items expected to last three or more years — increased $9.9 billion, or 4.2%, to $244.5 billion in June. This follows a 5.2% increase in May. Excluding volatile transportation-related goods, June orders were unchanged.
Retail sales rose 1.4% for the week ending July 20, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 2.1%.
Initial claims for unemployment benefits for the week ending July 20 rose by 7,000 to 343,000. Continuing claims for the week ending July 13 fell by 119,000 to 2.997 million. The less volatile four-week average of claims for unemployment benefits was 345,250.
Upcoming on the economic calendar are reports on the housing price index on July 30 and construction spending on August 1.
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
