Wednesday, December 4, 2013

Wednesday Morning Coffee on Maui - 12/04/13

Aloha & Good Morning!

Today's forecast for Maui will be sunny with a high near 84 degrees!  

I hope you had a wonderful Thanksgiving!  I have so much to be thankful for and was able to share my gratitude with my family and my friends.  We all enjoyed so much good food that we cooked in our imu.  An imu is a Hawaiian cooking pit that uses hot stones to cook the food.  It was so great to have this as part of our fantastic upcountry feast on Maui.  Here are some of my photos of all our fun.

Our Hawaiian imu!!
Cooking up our feast!!
Preparing for the feast!!

Me and my boys!!
As we begin the last month of 2013 I think it is an excellent time to review the benefits of selling and buying during the holidays. 

For buyers it is best to get preapproved for a loan.  This will give you the opportunity to focus on what you can afford.  Having a preapproval will also show the seller that you are serious. Other holiday buying benefits for you are that sellers are eager to sell.  If their property is on the market during the holidays then they are ready to sell it.  By prioritizing your time between holiday obligations and property searching you really can find a new home and give yourself an excellent holiday gift! 

Zillow has a great blog about the benefits of buying a home during the holidays. 

Do you have a busy month of holiday shopping and partying?  To help you shop smarter and anywhere you happen to be over the holidays you can download the Real Estate Sales Maui app on your mobile devices.  The RESM app will allow you to search and save homes while waiting in line to buy your holiday gifts.  Download the app here!

For sellers you have the unique opportunity of hosting buyers that are serious.  These buyers are taking time out of their busy holiday schedules to come look at your home.  You are also in a unique time where your holiday decorations an really spruce up your home.  Take the time to make sure you have tasteful and well-maintained holiday decor and you can really brighten things up. 

Check out these additional great benefit to selling during the holidays from HGTV.
 

MAUI BEST BUYS

Check out these South Maui best buys for sale. See something you like?  Give me a call, text or email and we can set up an in-person showing!  Not on Maui?  No worries!  I can go out to the property and create a personal video showing for you. 

Southpoint #31-201 - REDUCED PRICE! Great upstairs location at this popular complex! This unit has tile throughout and a comfortable lanai to relax after a day at work or the beach. Pets are allowed. Listing with Coldwell Banker Island Properties.



Maui Vista #1307
- Great location in building 1 facing the ocean. Third floor makes it high enough to capture some views, right across the street from the ocean, pool right below and tennis courts and bbq in the back. Unit is in original condition and being sold as is. Tenant is long term and requires 48 hours to show. Listing with Maui Tropical Realty.


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. 
 

Lender Corner by Craig Haueisen 
Last Week In The News
Pending home sales, a forward-looking indicator based on signed contracts, fell 0.6% in October. On a year-over-year basis, pending home sales were 1.6% lower than October 2012.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending November 22 fell 0.3%. Purchase volume fell 0.2%. Refinancing applications increased 0.1%.
The Standard & Poor's/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — rose 0.7% in September after a 1.3% increase in August. On a year-over-year basis, prices rose 13.3% when compared with September 2012.
The index of leading economic indicators — designed to forecast economic activity in the next three to six months — rose 0.2% in October, following a 0.9% increase in September.
Retail sales rose 2.6% for the week ending November 23, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 2.1%.
Orders for durable goods — items expected to last three or more years — decreased $4.6 billion, or 2%, to $230.3 billion in October. This follows a 4.1% increase in September. Excluding volatile transportation-related goods, October orders posted a monthly decrease of 0.1%.
The Reuters/University of Michigan consumer sentiment index for November's final reading rose to 75.1 from October’s final reading of 73.2. The current conditions component fell from 89.9 to 88. The expectations component rose from 62.5 to 66.8.
Initial claims for unemployment benefits for the week ending November 23 fell by 10,000 to 316,000. Continuing claims for the week ending November 16 fell by 91,000 to 2.776 million, a new recovery low. The less volatile four-week average of claims for unemployment benefits was 331,750.
Upcoming on the economic calendar are reports on construction spending on December 2 and new home sales on December 4.
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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