Aloha & Good Morning!
Today Maui will have abundant sunshine and a
high of 86 degrees!
Are you a first-time home buyer? Did you know that the definition of a first time home buyer is anyone who hasn't owned a home in the past three years? If you have been waiting to enter the market and are ready to make your move then you'll want to inform yourself with all the greatest tools. Below you will see a link to a tax deduction calculator. This is a great way to see the difference at the end of the year for your out-of-pockets costs when you OWN vs. RENT. I think this is an excellent tool for you to use and see the savings your mortgage will generate.
Tax Deduction Calculator
I also found a fun mortgage quiz online to test your mortgage knowledge.
Mortgage Quiz - How much do you know about mortgages?
If you are looking for mortgage news then you'll be happy to know that rates have come down slightly from the highs of last week. Lenders are now offering a 30-year fixed for an average of 4.29% according to Freddie Mac.
Article: Freddie Mac: Mortgage rates ease after run-up; 30-year at 4.29%
NEW LISTING
This is the new listing I brought you last week. It is now in MLS and I don't expect it to
last very long as sales in this complex have been going fast. You can see the
full listing, photos and a video tour at the links provided under the photo
below. Kihei Village #17-202 - This 2bd/1.5ba unit hasn't even hit the MLS yet and I wanted to make sure you know about it first. The unit has Silestone countertops in the kitchen with a granite double sink. There is bamboo hardwood flooring in the living room and tile in the entryway, kitchen and hallway. The bathrooms have been upgraded and there is a full size HE washer and dryer that are still under warranty. The unit is very nicely upgraded and has cable and phone jacks in each room.
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 5th from 11:00 AM to 2:00 PM
Hosted by Michael Kerwin, R(s)
-AND AGAIN-
WHEN: Sunday,
July 7th from 11:00 AM to 2:00 PM
Hosted by Randy Keller R(s)
-AND AGAIN-
WHEN: Sunday,
July 7th 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
BACK ON THE MARKET
Ke Alii
Kai #D 106 - This condo is located in a fantastic South Kihei location
behind the Denny's shopping center and across the street from Kamaole 1 Beach.
One of the few condo complexes in Kihei with covered parking! It also boasts
foliage throughout giving a fabulous outdoor feel while walking/strolling to
your unit. Large swimming pool directly in the center of complex, sauna, hot
tub and BBQ's. Very lovely tennis court on top of the covered parking allows
for early morning tennis games while you enjoy the sun rising over Haleakala!
The swimming pool has been re-tiled and brand new BBQ's . Small ocean view from
lanai. Kitchen remodeled in 2008 and bathroom vanity replaced May 2013. Tile
throughout to keep you cool. This particular unit is in a fantastic location
inside the complex and it does matter where the unit is located when you walk
up and down stairs inside this complex. There is typically a very nice cross
breeze. This unit is also very close to the covered parking . This is a ground
floor unit and positioned near the beginning of the building where there is
only a rare person that might walk by! Typically there is no one past this unit
so it feels very private . Fabulous location for the entire complex as well
minutes to Kamaole 1 beach (walking) restaurants, shopping and many activities.
Tenant occupied and would love to stay. Unit being sold furnished. Pictures
from Kamaole 1 Beach are taken from across the street, not from the unit. Enjoy
low maintenance fees for a vacation rentable condo!
RESM
IS MOBILE
Real Estate Sales Maui has a mobile app available for both Apple and Android
devices. 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!!!
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
Pending home sales, a forward-looking indicator based on signed contracts,
rose 6.7% in May, the highest level since December 2006. On a year-over-year
basis, pending home sales were 12.1% higher than May 2012.The Standard & Poor's/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — rose 2.5% in April after a 1.4% increase in March. On a year-over-year basis, when compared with April 2012, prices rose 12.1%.
Orders for durable goods — items expected to last three or more years — increased $8 billion, or 3.6%, to $231 billion in May. This follows an identical 3.6% increase in April. Excluding volatile transportation-related goods, May orders posted a monthly increase of 0.7%.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending June 21 fell 3%. Purchase volume rose 2%. Refinancing applications decreased 5%.
New home sales rose 2.1% in May to a seasonally adjusted annual rate of 476,000 units from a rate of 466,000 units in April. On a year-over-year basis, new home sales were 29% higher than May 2012. At the current sales pace, there is a 4.1-month supply of new homes on the market.
The Commerce Department announced that gross domestic product — the total output of goods and services produced in the U.S. — increased at a revised annual rate of 1.8% in the first quarter of 2013. This follows a 0.4% pace of growth in the fourth quarter of 2012.
Initial claims for unemployment benefits for the week ending June 22 fell by 9,000 to 346,000. Continuing claims for the week ending June 15 fell by 1,000 to 2.965 million. The less volatile four-week average of claims for unemployment benefits was 345,750.
Upcoming on the economic calendar are reports on construction spending on July 1 and factory orders on July 2.
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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