Wednesday, November 27, 2013
Wednesday, November 20, 2013
Wednesday Morning Coffee on Maui - 11/20/13
Aloha & Good Morning!
Today's forecast for Maui will be mostly sunny in the AM and rain showers in the PM.
Next week is Thanksgiving. Please
remember those that are less fortunate and consider giving yourself,
your time or a donation to help make their holiday a special one. If
you missed last week's Wednesday Morning Coffee and you wanted to see
all the ways I've been working to give back to our Maui community you
can view it on the RESM Website.
I also want to share some more photos of last week's event. It warmed my heart that my family joined me and my office team to do this for our community. I
encourage everyone to give back because there is always someone in need
and your small contribution can mean to the world to someone else.
October Sales Stats
The Realtors Association of Maui recently released the October Sales Statistics. I've made a comparison chart for the data below that looks at the same time period for both 2012 and 2013.
In the data tables 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 months from January through October for 2012 and 2013. The second grid of numbers shows the median sales price for the same time frame.
For
ten months of this year we've seen positive gains in all three
categories for both the number of units sold and the median sales price.
This news is really good for both buyers and sellers. For buyers it means that the market is going up so if ever there was a time to get into the market that time is now. For sellers it means that you can actually sell your property and upgrade to your next Maui Dream Address. The key when looking to sell your property 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 anticipate multiple offers.
There are several new articles on the Real Estate Sales Maui website for both active buyers and motivated sellers. Please check them out below for more details. As always you can find more great times and articles the RESM website in the Sellers News Section and the Buyers News Section. New articles are posted several times a week to keep you up-to-date and informed.
Articles
Residential Property Tax in the U.S. - At the bottom of the article there is a download for a pdf. Check out page #8 of the pdf to see a map of the US with the different property tax info. I found this very interesting and thought you would too.
Pi'ilani Promenade Redux - A revised plan for the 65-acre planned development known as Pi'ilani Promenade was shared with about 150 South Maui community members. You can see graphics of the new proposal in this article.
Home Prices Continue Rising, Sales Steady - RE/MAX Released a National Housing Report that covered 52 metro areas. The news is good.
Don't forget to get your name in for this year's exciting iPad 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.
Wednesday, November 13, 2013
Wednesday Morning Coffee on Maui - 11/13/13
Aloha & Good Morning!
Maui
weather today is a little different then I tell you each week. It's
been raining here!!! Today's forecast shows thunderstorms and a high
of 79 degrees! We continue to have a high surf advisory. So, if you
are on Maui, BE SAFE!
Today is World Kindness Day.
But, how do you celebrate it? The Random Acts of Kindness Foundation
has one suggestion. "For one day, keep every negative thought,
frustration or complaint to yourself and only share your positive
comments with others." I am really touched by the feelings surrounding
this day and people all over the World participating in a day of LOVE
and RESPECT, so I thought I'd share "Wikipedia's" description of it: Click Here
As
the holiday's get closer I cannot help but stop and take pause in all
the ways that we are so blessed. It is also the time of the year that
many people are thinking of giving back and helping our fellow man (or
woman!) where we can. Today's newsletter is about what we have been
doing this past week to give of our time and love, where we can.
Last
week Windermere Valley Isle Properties served an early Thanksgiving
dinner at the homeless shelter in Wailuku. My family joined my office
to help feed 75 people. It was so beautiful and rewarding to stand at
the door and say aloha and greet every person that entered. They are
such grateful people and we were honored to be able to do this. In
fact, we scheduled another dinner in December!
My
beautiful Broker, Sherry Llanes and I invited the businesses of Paia to
bring their non-perishable food items to our office for the Maui Food
Bank. If you are on Maui and wish to help, we will have this barrel at
our office through Thanksgiving- so please come drop something off for
hungry people. It is heartbreaking to hear that the Food Bank is very
short of food and we really want to fill this barrel up for them, so
PLEASE HELP!
I wish you all a fabulous World Kindness Day and hope this gets your day moving in a grateful way!
Warmest aloha to you all,
Deb
P.S......
Our server went down last week and I have continued to have e-mail
issues. If you have been trying to reach me and I haven't responded,
please know it is ONLY because I haven't received anything from you. My
personal email is DeborahGuimond@gmail.com or call/text my cell at 808-2989-7850. Thank you!
Wednesday, November 6, 2013
Wendesday Morning Coffee on Maui - 11/06/13
Aloha & Good Morning!
Today's forecast for Maui will be mostly sunny
with highs near 87 degrees!
Mortgage rates have been up and down a lot lately. So much so that when you are starting out this process it can feel like you are getting onto a mortgage roller coaster that not only goes up and down but can send you through some serious loopy-loops. Never fear though because as your trusted real estate agent I am here to help get you through.
The first step is to get pre-qualified for a loan. Getting to this important first step can take some time and you should prepare yourself and your finances so that you are in the best possible situation when you apply for the pre-approval. I have referrals for lenders on Maui that I am happy to share with you. There is also a buyer specific area on the Real Estate Sales Maui website where you can find articles related to the buying process. Below are a couple of recent articles to get you started.
Improve
Your Chances of Obtaining A Home Mortgage - Securing financing to purchase a new home is one of the most
important, exciting, and nerve-wracking financial steps most people will ever
take.
Choosing A Mortgage: Understanding These 7 - Factors - Deciding what type of home loan is best for your needs might be the most trying part of the home-buying process. Your decision involves seven components.
Keeping an eye on mortgage rates, trends and the general news on the financial markets is a good idea but try not to stress out about daily news. The big picture information can be a little easier to digest. Here are the current mortgage rates as stated on the Mortgage News Daily website.
I really like the graphic on Mortgage News Daily that I've linked below. The graph shows you the average 30-year fixed mortgage rates from 1977 - present. At the top of the graph you can specify a time period to look at. Below I've capture the time over the last 5 years.
Next week there will be a break in
the newsletter. We will see you again on November 20th with a new
newsletter and the October Sales Statistics for Maui County from the
Realtor's Association of Maui. Have a wonderful week everyone!
Don't forget to get your name in for this
year's exciting iPad giveaway!
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
Lender Corner by Craig Haueisen
Last
Week In The News
The Standard & Poor's/Case-Shiller 20-city housing price index — on a
non-seasonally adjusted basis — rose 1.3% in August after a 1.8% increase in
July. On a year-over-year basis, when compared with August 2012, prices rose
12.8%.
The Mortgage Bankers Association said its seasonally adjusted composite
index of mortgage applications for the week ending October 25 rose 6.4%.
Purchase volume rose 2%. Refinancing applications increased 9%.
Pending home sales, a forward-looking indicator based on signed contracts,
fell 5.6% in September. On a year-over-year basis, pending home sales were 1.2%
lower than September 2012.
Industrial production at the nation's factories, mines and utilities rose
0.6% in September, following a 0.4% increase in August. Compared to September
2012, industrial production has increased 3.2%. Capacity utilization rose to
78.3% in September from 77.9% in August.
Retail sales fell 0.1% to $425.9 billion in September. This follows a 0.2%
increase in August. Compared to September 2012, retail sales have increased
3.2%.
Total business sales increased 0.3% to $1.297 trillion in August, up 4.2%
from a year ago. Total business inventories also rose 0.3% to $1.668 trillion
in August, up 3.1% from a year ago. The total business inventories/sales ratio
in August was 1.29.
Consumer prices rose 0.2% in September, following a 0.1% increase in August.
Compared to September 2012, consumer prices have risen 1.2%. Consumer prices at
the core rate — excluding volatile food and energy prices — were up 0.1% in
September.
Manufacturing activity rose to 56.4 in October after a reading of 56.2 in
September. A reading above 50 signals expansion. It was the fifth consecutive
month of expansion and the strongest reading since April 2011.
Initial claims for unemployment benefits for the week ending October 26 fell
by 10,000 to 340,000. Continuing claims for the week ending October 19 rose by
31,000 to 2.881 million. The less volatile four-week average of claims for
unemployment benefits was 356,250.
Upcoming on the economic calendar are reports on factory orders on November
4 and gross domestic product on November 7.
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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