Today's forecast for Maui will be mostly sunny with highs around 82 degrees!
This is a new year of great potential and possibilities and I am starting it out with a new brokerage. My team and I at Real Estate Sales Maui will be working out of the Maui International Real Estate Services Inc. office. This news is so new that we are still working on getting the office info replaced with the new information. In the meantime you can always reach me on my mobile number at 808-298-7850. Our new office is located in Paia and Claudia Garcia is the Principal Broker and owner. I am so excited because this new venture will allow me to expand my services to include property management.
If you are looking for ways to achieve great potential and purchase or sell your Maui real estate this year then now is the time to talk to me. With the new year starting I've already begun new business with both buyers and sellers and owners who are looking for property management help. I'd love to talk to you about your Maui real estate goals. Give me a call or email today to discuss more.
UPCOMING KIHEI LISTING
Kalama Terrace P102
- Ground floor 1bd/1ba unit, pet friendly condo, across from World
Famous Charlie Young Beach- between Charlie Young and Cove Park Surfing
Beach, to be exact! This is a fabulous opportunity to buy a South Kihei
condo, near the really nice beaches, and make it your own. Maintenance
fee covers gas and electric (stove is gas) so no electric bill, either.
This gound floor unit is perfect for pet owners that have a dog. Half a
block down S. Kihei Rd. is Kalama Park that offers tennis courts,
basketball, baseball and soccer fields; skate park, roller rink and lots
of picnic areas. Close proximity to grocery store, restaurants, dive
shops and lots of shopping at Kalama Village.
This could be the deal of a lifetime! Call today to put your offer in before this hits the MLS market!
CURRENT KIHEI LISTING
36 Laumaewa Loop
- This adorable single-level home in sought after Meadowlands
neighborhood is centrally located in Kihei. Enjoy outdoor living with
heated pool, covered patio and spacious decking. The large master
bedroom, with its own bathroom and entrance offer privacy, while the
open kitchen, living room and other bedrooms flow freely between the
front, low maintenance yard and backyard complete with pool and
waterfall. Easy walking distance to Piilani Village Shopping Center,
Kihei-Wailea Medical Clinic, Longs Center, Azeka Shopping Centers, Kihei
Post Office, Kihei Community Center, schools, park, banks, restaurants,
shopping and of course Kihei beaches. Serious South Maui buyers know
there are just a handful of available homes offered in this price range,
so call your agent today. This listing is co-listed with Hawaiian
Hideaways.
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, rose
0.2% in November. On a year-over-year basis, November pending home
sales were down 1.6%.
Total
construction spending rose 1% to $934.4 billion in November. Compared
to November 2012, construction spending has risen 5.9% on a
year-over-year basis.
The
Standard & Poor's/Case-Shiller 20-city housing price index — on a
non-seasonally adjusted basis — rose 0.2% in October after a 0.7%
increase in September. On a year-over-year basis, prices rose 13.6% when
compared with October 2012.
Retail
sales rose 1% for the week ending December 28, according to the
ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales
increase 3%.
The
consumer confidence index rose to 78.1 in December from a revised 72 in
November. The current conditions index increased to 76.2 from 73.5, the
highest level since April 2008. The index was benchmarked at 100 in
1985, a year chosen because it was neither a peak nor a trough in
consumer confidence.
Manufacturing
activity fell to 57 in December after a reading of 57.3 in November. A
reading above 50 signals expansion. It was the seventh consecutive month
of expansion. The new orders component rose to 64.2, the best rate of
monthly growth since April 2010.
Factory orders rose $8.8
billion, or 1.8%, in November to a seasonally adjusted $497.9 billion.
This follows a 0.5% decrease in October. Excluding the volatile
transportation sector, orders increased 0.6% in November.
The
Mortgage Bankers Association said its seasonally adjusted composite
index of mortgage applications for the week ending January 3 rose 2.6%
from December 27. Purchase volume fell 1%. Refinancing applications
increased 5%.
Non-manufacturing activity fell to 53 in
November from 53.9 in October. A reading above 50 signals expansion. It
was the 48th straight month of expansion in the services sector.
The
trade deficit decreased from $39.3 billion in October to $34.3 billion
in November. Exports rose $1.7 billion to $194.9 billion. Imports
decreased $3.4 billion to $229.1 billion. It was the lowest monthly
deficit since October 2009.
Retail sales fell 5.4% for the
week ending January 4, according to the ICSC-Goldman Sachs index. On a
year-over-year basis, retailers saw sales increase 1.7%.
Wholesalers
increased their inventories 0.5% to $516.4 billion in November. Sales
at the wholesale level rose 1% to $440.1 billion in November. On a
year-over-year basis, sales were 5.5% higher than November 2012. The
seasonally adjusted wholesale inventories/sales ratio in November 2013
was 1.17.
Initial claims for unemployment benefits for the
week ending January 4 fell by 15,000 to 330,000. Continuing claims for
the week ending December 28 rose by 50,000 to 2.865 million. The less
volatile four-week average of claims for unemployment benefits was
349,000.
The unemployment rate fell from 7% in November to
6.7% in December, the lowest it has been since October 2008. Employers
added 74,000 jobs in December.
Upcoming on the economic calendar are reports on retail sales on January 14, the housing market index on January 16 and housing starts on January 17.
Craig Haueisen is a Loan Officer with Prospect Mortgage. Please feel free to email him or call him for any of your mortgage needs.
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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