Wednesday, October 2, 2013

Wednesday Morning Coffee on Maui - 10/02/13

Aloha & Good Morning!

Today's forecast for Maui will be sunny with highs around 87 degrees!

While there is a lot of turmoil in the Federal government I thought I'd bring you a positive thought about the local Maui event that comes around each year.  This year's Maui County Fair will kick-off tomorrow at 4:30 with a parade down Ka'ahumanu Ave. 

You can see the full event details on the Maui Fair website - HERE

This is a great attraction for both the locals who live here and the visitors who want to immerse themselves in something that has been a tradition on Maui for 91 years.  As an added bonus the new Courtyard by Marriott in Kahului is offering a discounted rate and free shuttle service to the fair.  You can see more about the offer HERE.


MAUI BEST BUY

This vacation rental unit has had fabulous past rental income.  Please contact me today and I'll be happy to share the numbers with you. 

Sugar Beach Resort #512 - Enjoy being on one of Maui's most beautiful white sand beaches: snorkel, swim, windsurf or just walk for miles! Sugar Beach #512 is one of a handful of 2-bedroom, 2-bath units (most are 1-bedroom, 1-bath). This is a recently upgraded and very spacious 1,260 s.f. corner unit that has views across the pool & spa to the beach, ocean & beautiful sunsets beyond. Watch the whales from your over-sized 258 s.f. covered lanai! Amenities include: pool, jacuzzi, putting green, sauna, BBQ area, elevators and more. Comprehensive management/maintenance fee includes a number of services and costs not covered by fees at many other condos. The fee covers electricity, telephone (including long distance/international), cable TV, high speed wi-fi enabled internet service, cooling (there is air conditioning in unit), sewer, water, trash, AOAO fees, property maintenance, and contribution to reserves. In other words: just write one check a month!
Listing with Island Sotheby's International Realty



OPEN HOUSE

Fabulous modern and spacious green built 2 bedroom and 2 bath ground floor unit with 2 parking stalls at the new and desired Kai Ani Village. Open floor plan with beautiful construction of 9′ ceilings, granite counter tops, cherry cabinets, Whirlpool SS appliances, separate laundry room, ceramic floors in wet areas, 3 spilt AC, tiled shower and tub walls, insulated, and fire sprinklers. Fantastic recreation area with large saline pool and spacious pool side deck with cabanas, spa, bar-b-que area, tropical landscaping and ample parking. Convenient location one block from the beach. Walking distance to supermarkets, gymnasiums, theaters, restaurants, post office, etc. Low maintenance fees.


Unable to come? Check out the full listing HERE!

WHEN: Wednesday, October 2nd from 11:00 AM to 3:00 PM
Hosted by Debbie Guimond, R(S), ABR, RRS
 
WHERE: Kai Ani Village
1367 S Kihei Road, #2-102
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 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
New home sales rose 7.9% in August to a seasonally adjusted annual rate of 421,000 units. On a year-over-year basis, new home sales were 12.6% higher than August 2012. At the current sales pace, there is a 5-month supply of new homes on the market.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending September 20 rose 5.5%. Purchase volume rose 7%. Refinancing applications increased 5%.
The Standard & Poor's/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — rose 1.8% in July after a 2.2% increase in June. On a year-over-year basis, when compared with July 2012, prices rose 12.4%.
Pending home sales, a forward-looking indicator based on signed contracts, fell 1.6% in August. On a year-over-year basis, pending home sales were 5.8% higher than August 2012.
The consumer confidence index fell to 79.7 in September from 81.8 in August. The index was benchmarked at 100 in 1985, a year chosen because it was neither a peak nor a trough in consumer confidence.
Orders for durable goods — items expected to last three or more years — increased $0.3 billion, or 0.1%, to $224.9 billion in August. This follows an 8.1% decrease in July. Excluding volatile transportation-related goods, August orders posted a monthly decrease of 0.1%.
The Commerce Department announced that gross domestic product — the total output of goods and services produced in the U.S. — increased at an annual rate of 2.5% in the second quarter of 2013. This follows a 1.1% pace of growth in the first quarter of 2013.
Initial claims for unemployment benefits for the week ending September 21 fell by 5,000 to 305,000. Continuing claims for the week ending September 14 rose by 35,000 to 2.823 million. The less volatile four-week average of claims for unemployment benefits was 308,000, the lowest level since June 2007.
Upcoming on the economic calendar are reports on construction spending on October 1 and factory orders on October 3.
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

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