Wednesday, October 30, 2013

Wednesday Morning Coffee on Maui - 10/30/13



Aloha & Good Morning!

Today's forecast for Maui will be sunny with highs from 82-87 degrees! 

If you've been following the weekly updates on the Real Estate Sales Maui website you've noticed that this week has been focused on the seller.  The buyers are out there and they are looking for a good deal on a great property.  Maybe you have a vacation rental on Maui that you are ready to sell or maybe you are in a condo and ready to move into a single family home.  Whatever your current homeownership situation is you want to make the best of what you have.  That might mean that you have repairs you want to make before listing or a remodel job that you've been waiting to start.  The best choices are the ones that are informed and well thought through. In the last week we've posted several great articles for sellers who are looking to get their property on the market.

Article: Can Color Help Sell Your Home? - The color scheme of your home, from the outside in, sets the tone. It’s like going to see a theater play and seeing an intricately crafted and appropriately painted set for the production. It can immediately intrigue you–before the play has begun and even if you know few details about the play.

Remodeling Projects That Add Value To Your Home - Check out the five remodeling and maintenance projects that add value to your home and appeal to your buyers.

Top Five Bad Reasons for Not Selling - When real estate owners are hooked on bad reasons for staying, they may overlook good reasons for selling and miss out on many levels.

These articles are all available to read through the links in this newsletter.  You can also access these articles on the Real Estate Sales Maui website along with hundreds of other articles that have been archived throughout the years.  The easy to navigate site allows you to see articles that are geared towards both buyers and sellers.

NEW LISTING

Talk about a "RARE FIND" in the heart of Wailuku Town! This 1934 "Plantation" home was originally built by Kahului Rail Road and has been in the family, totally remodeled with new paint, plumbing, tile, flooring, wiring, internet security and landscaping, yet keeping the original charm and adding the conveniences of the 21st Century. Fenced and landscaped for pets along with enjoying peaceful tropical living. Public records do not match actual square footage of house and number of bedrooms and baths. Basement is permitted however, interior improvements (bath/kitchenette/bedroom) are not reflected on the tax records. Downstairs bedroom is set up/wired for a professional music studio. House is "hard-wired" for internet security. Buyer and Buyer’s Realtor to do due diligence when gathering information and performing any and all inspections regarding the purchase of this property.
Listing with Island Oasis Realty Inc


HAPPY HALLOWEEN!

There are lots of fun activities on Maui this week for Halloween. 

  • Wednesday, October 30th at 7PM - Free Screening of "Ghostbusters" the movie at Iao Theater.
  • Thursday, October 31st at 7pm - Free double feature starting with "Haunted Collector: The Ghosts of Maui" followed by "The Shinning" at Iao Theater.
  • Thursday, October 31st - The famous Lahaina Halloween festival.  Check out the list of activities HERE.
  • Friday, November 1st at 8PM - The "Rocky Horror Picture Film" will play at Iao Theater.


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. 

Lender Corner by Craig Haueisen                                                                                          
Last Week In The News
Existing home sales fell 1.9% in September to a seasonally adjusted annual rate of 5.29 million units. Compared to a year ago, existing home sales were up 10.7% in September. The inventory of unsold existing homes on the market was unchanged at 2.21 million in September, a 5-month supply at the current sales pace.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending October 18 fell 0.6%. Purchase volume rose 1%. Refinancing applications decreased 1%.
The trade deficit increased from $38.6 billion in July to $38.8 billion in August. Exports fell $0.1 billion to $189.2 billion. Imports were unchanged at $228 billion.
Orders for durable goods — items expected to last three or more years — increased $8.2 billion, or 3.7%, to $233.4 billion in September. This follows a 0.2% increase in August. Excluding volatile transportation-related goods, September orders posted a monthly decrease of 0.1%.
The Reuters/University of Michigan consumer sentiment index for October's final reading fell to 73.2 from September’s final reading of 77.5. The current conditions component rose slightly from 92.6 to 92.8. The weakness came largely from the expectations component, which fell from 67.8 to 62.5.
Wholesalers increased their inventories 0.5% to $503 billion in August. Sales at the wholesale level also rose 0.6% to $428.4 billion in August. On a year-over-year basis, sales were 5.6% higher than August 2012. The seasonally adjusted wholesale inventories/sales ratio in August was 1.17.
Initial claims for unemployment benefits for the week ending October 19 fell by 12,000 to 350,000. Continuing claims for the week ending October 12 fell by 35,000 to 2.847 million. The less volatile four-week average of claims for unemployment benefits was 348,250. The unemployment rate fell to 7.2% in September, its lowest level since December 2008. Employers added 148,000 jobs in September.
Upcoming on the economic calendar are reports on pending home sales on October 28, the housing price index on October 29 and the consumer price index on October 30.
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   

No comments:

Post a Comment