Aloha & Good Morning!
Today's forecast for Maui will be sunny with
highs from 84 to 90 degrees!
I know there are some
of my readers who love stats and can't get enough of them. For those of you that enjoy the numbers I
have some more stats to share with you for this year. I also have a fantastic list of Maui best
buys. You can see these great listings
in full detail below. Please contact me
today to see any of these listings in-person. I can be reached at 808-298-7850
or Debbie@RealEstateSalesMaui.com. As
you can see from the graphic the average days that listing are on the market
has shrunk. If you are serious (or even
semi-serious) about any listing you see in this email or while searching on
your own, I highly recommend you reach out to me so we can get you in to check
it out.
The following picture
was generated by Prudential Locations and they have all the islands broken
down. The data looks at the month of July
and compares May 2013 vs. July 2013. The
data for Maui shows that both single-family and condos prices are up in both
comparisons! The number of sales has also increased when you compare the month
of July sales from 2012 to 2013!
MAUI BEST BUYS
17085
Haleakala Highway, Kula - A contemporary tri-level, 3 bedroom 4 bath home
of over 5000 sf., on over 4 acres with the most incredible views. MLS#351252
Listing
with Windermere Valley Island Properties
8
Honuea Street, Kihei - A 4 bedroom, 3.5 bath single-level home with 2,029
sf., on 7510 sf. of land in a small North Kihei subdivision. This home is only
7 years old, well built, and has a fully fenced back yard. MLS#357401
Listing
with Windermere Valley Island Properties
21
Meleinoa Place, Kahului - This is a 4 bedroom, 2.5 bath home with 2,2124
sf. on 9143 sf. of land in The Islands.
This is a highly desirable gated community at Maui Lani. The yard is landscaped for privacy and there
are beautiful views of the West Maui Mountains.
MLS#356440
Listing
with Windermere Valley Island Properties
3249
Luahine Place, Haiku - This is a rare 1939 3 bedroom and 1 bath cottage
with over 840 sf., on a lush and private 9,339 sf. of land. The home is located at the end of a
cul-de-sac and has been lovingly cared for and upgraded over the years, but the
original charm remains. This is a rare find. MLS#354425
Listing
with Windermere Valley Island Properties
Island
Surf #509, Kihei - This 1 bedroom, 1 bath condo is located right in the
heart of Kihei and across from "The Cove" and near the best
beaches. Currently used as a vacation
rental with excellent rental history.
MLS#356372
Listing
with Windermere Valley Island Properties
Kihei
Shores #C-302 - A lovely remodeled 2 bedroom, 1.75 bath condo unit in a
great building. Currently tenant
occupied at $1200/month. MLS#357057
Listing
with Windermere Valley Island Properties
Don't forget to get your name in for this
year's exciting iPad giveaway!
Click HERE
to see all the current listings with Real
Estate Sales Maui! 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!
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 Mortgage Bankers Association said its seasonally adjusted composite
index of mortgage applications for the week ending September 13 rose 11.2%.
Purchase volume rose 3%. Refinancing applications increased 18%.Existing home sales rose 1.7% in August to a seasonally adjusted annual rate of 5.48 million units, the highest pace since February 2007. Compared to a year ago, existing home sales were up 13.2% in August. The inventory of unsold existing homes on the market rose 0.4% to 2.25 million in August, a 4.9-month supply at the current sales pace.
The combined construction of new single-family homes and apartments in August rose 0.9% to a seasonally adjusted annual rate of 891,000 units. Single-family starts increased 7%. Volatile multifamily starts fell 11.1%. Compared to the previous year, housing starts were up 19% in August. Applications for new building permits, seen as an indicator of future activity, fell 3.8% to an annual rate of 918,000 units.
The National Association of Home Builders/Wells Fargo monthly housing market index was unchanged in September at 58. An index reading above 50 indicates positive sentiment about the housing market.
Industrial production at the nation's factories, mines and utilities rose 0.4% in August after a flat reading in July. Compared to August 2012, industrial production has increased 2.7%. Capacity utilization rose to 77.8% in August from 77.6% in July.
Consumer prices rose 0.1% in August, following a 0.2% increase in July. Compared to August 2012, consumer prices have risen 1.5%. Consumer prices at the core rate — excluding volatile food and energy prices — were also up 0.1% in August.
Initial claims for unemployment benefits for the week ending September 14 rose by 15,000 to 309,000. Continuing claims for the week ending September 7 fell by 28,000 to 2.787 million, a new recovery low. The less volatile four-week average of claims for unemployment benefits was 314,750, the lowest level since October 2007.
Upcoming on the economic calendar are reports on the housing price index on September 24, new home sales on September 25 and pending home sales on September 26.
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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