Aloha & Good Morning!
Today Maui will be sunny and windy with a
high of 88 degrees!
June Sales Stats
The Realtors
Association of Maui just released the June Sales Statistics. The statistics I have to share will look at
the first half of the year and will compare both 2012 and 2013.
Below you will find two
sets of numbers for residential, condo and land sales. The first data table shows the total number
of units sold for the first half of the year for 2012 and 2013. The second grid of numbers shows the median
sales price for the same time frame.
We saw positive gains
in all three categories for both the number of units sold and the median sales
price.
The Realtor Association
of Maui states that inventories have fallen by 16%. If you are looking to sell your property the
key is to set your price with competing properties. Know what you are up against and be prepared so
that your property is attractive to buyers.
By having your property in the right price with the right look you can
expect to see multiple offers.
There are several new
articles on the Real Estate Sales Maui website for great tips on getting a
buyer to buy your home this summer. Check
them out below and you can find more on the RESM website in the Sellers News
section.
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 and as we have seen in
recent weeks they have gone up from earlier this year. 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 still
low and as you can see they are rising.
Now is the time to get into the market.
Are you looking for an
easy and smart way to start shopping?
Check out the Real
Estate Sales Maui Mobile Apps. The
app allows you to search for properties on Maui and neighboring islands. You will be able to quickly review property
pricing, location and detailed listing information. In the RESM app you can scroll through photos
of homes, condos, time-shares, businesses and vacant land for sale and you can
use an interactive map to find your property.
You can also save your favorite properties and have one touch access to
recent property searches you've made. Check out all that this app has to offer
and download it today for FREE!!!
OPEN HOUSE
Kamaole
Sands #5-305 - 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: Friday,
July 12th from 11:00 AM to 2:00 PM
Hosted by Michael Kerwin, R(s)
-AND AGAIN-
WHEN: Saturday,
July 13th from 2:00 PM to 5:00 PM
Hosted by Randy Keller R(s)
-AND AGAIN-
WHEN: Sunday,
July 14th from 2:00 PM to 5:00 PM
Hosted by Ed Couglin 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
Manufacturing activity rose to 50.9 in June after a reading of 49 in May. A
reading above 50 signals expansion.Total construction spending rose 0.5% to $874.9 billion in May, following a 0.1% increase in April. Compared to May 2012, construction spending has risen 5.4%.
Motor vehicle sales rose 4.6% in June to an annualized sales rate of 16 million cars and light trucks, a new recovery high. Compared to June 2012, motor vehicle sales have increased 9%.
Retail sales rose 0.6% for the week ending June 29, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 1.9%.
Factory orders rose $9.9 billion, or 2.1%, in May to a seasonally adjusted $485 billion. This follows a 1.3% increase in April. Excluding the volatile transportation sector, orders increased 0.6% in May.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending June 28 fell 11.7%. Purchase volume fell 3%. Refinancing applications decreased 16%.
The trade deficit increased from $40.1 billion in April to $45 billion in May. Exports fell $0.5 billion to $187.1 billion. Imports increased $4.4 billion to $232.1 billion.
Initial claims for unemployment benefits for the week ending June 29 fell by 5,000 to 343,000. Continuing claims for the week ending June 22 fell by 54,000 to 2.933 million, a new recovery low. The less volatile four-week average of claims for unemployment benefits was 345,500. The unemployment rate held steady at 7.6% in June. Employers added 195,000 jobs in June.
Upcoming on the economic calendar are reports on wholesale trade on July 10 and consumer sentiment on July 12.
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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