Aloha & Good Morning!
Maui's forecast for today will include sun
and rain... keep an eye out for rainbows!
Yes it is true that Maui is getting a lot of rain right now. We are in our rainy time here and it is good because our islands need the rain. This past weekend, I had the pleasure to spend the time helping a friend with her business on the beautiful island of Lanai. Even though we had some gray skies it never changed the beauty that surrounded us.
On one of the days we had the great pleasure to watch a very special first ever same sex marriage on Lanai. One of the men in the picture is a fellow realtor from Oahu with Prudential Locations. It was truly a lovely event and capped off my visit to Lanai and sent me home feeling so happy.
In other news, the island of Maui is getting ready for lots changes including new stores and affordable housing. Check out the following news articles for more details. Also, please consider stopping by my open house tomorrow at Kihei Village. See the details below and please let me know if you'd like more information on this great condo in South Maui.
ARTICLES
Safeway
to start work on Target-anchored shopping center on Maui - There will be
a blessing and a groundbreaking ceremony this week as the store prepares for a
2015 opening date.
Target
to hire 200 for the first Maui store - More info on the new Target
store including an estimated 250 construction works, 200 employees and plans
for a pharmacy and a Starbucks inside the store.
Charlotte
Russe to open first Neighbor Island store on Maui - This
fashion retail store is for young women and has plans to open late summer in
the Queen Kaahumanu Center.
New
low-income rental complex opens on Maui - This 28-unit
complex is for those earning 30-50% of the median income for Maui county and
just opened last week. The complex is
near the Maui Community College.
Walgreens
to open new Maui store in Wailuku - In the next month or so there
will be a new free-standing Walgreens store in Wailuku. This will be the third on Maui and the
company plans to keep the other two stores open.
Maui
County home prices rise 13% in 2013 - Just
in case you missed this news in my previous newsletter.
OPEN
HOUSE ON THURSDAY
Are you looking for a fully renovated condo, ready to move into? This is
absolutely it! Beautifully remodeled residential condo in North Kihei, the
sunny side of Maui. Everything has been replaced & upgraded throughout. The
kitchen was remodeled in 2006 & boasts Silestone countertops, double
granite sink, & new cabinets. The bathrooms were remodeled in 2008 &
vanities & quartz countertops are brand new this year! Bathrooms also have
silent fans inside a nice light. The upgraded fixtures, light switch plates
& full sized w/d feel luxurious! Bamboo hardwood flooring in living room
& tile in entryway, hallway, kitchen & bathrooms. The flooring was done
in 2007 & brand new berber installed in master bedroom 2014. The living
room is wired for surround sound. There is a sweet West Maui Mountain view from
the lanai, which faces the ocean. There is also a nice orchid tree outside the
lanai providing shade form the afternoon sun. This is a nice location in the
complex. There is a park & youth center across the street, which is
directly across the street from the ocean & a long stretch of sandy Maui
Beach! This unit is vacant and can be shown anytime, so call your favorite
Realtor today
Unable to come?
Check out the full listing HERE!
WHEN: Thursday, February
6th from 1:00 PM to 4:00 PM
Hosted by Debbie Guimond, R(S), ABR, RRS
WHERE: Kihei
Village
140 Uwapo Road, #17-202
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!
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.
Last Week In The News
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 3.2% in the fourth
quarter of 2013. This follows a 4.1% pace of growth in the third quarter of
2013.
New
home sales fell 7% in December to a seasonally adjusted annual rate of 414,000
units. November’s initial reading of 464,000 units was revised to 445,000
units. On a year-over-year basis, new home sales were 4.5% higher than December
2012. At the current sales pace, there is a 5-month supply of new homes on the
market. An estimated 428,000 new homes were sold in 2013. This is 16.4% above
the 2012 figure of 368,000.
The
Mortgage Bankers Association said its seasonally adjusted composite index of
mortgage applications for the week ending January 24 fell 0.2% from the
previous week. Purchase volume rose 2%. Refinancing applications decreased 2%.
Pending
home sales, a forward-looking indicator based on signed contracts, fell 8.7% in
December. On a year-over-year basis, December pending home sales were down
8.8%.
The
Standard & Poor's/Case-Shiller 20-city housing price index — on a
non-seasonally adjusted basis — fell 0.1% in November after a 0.2% increase in
October. On a year-over-year basis, prices rose 13.7% when compared with
November 2012.
Orders
for durable goods — items expected to last three or more years — decreased
$10.3 billion, or 4.3%, to $229.3 billion in December. This follows a revised 2.6%
increase in November. Excluding volatile transportation-related goods, December
orders posted a monthly decrease of 1.6%.
Initial
claims for unemployment benefits for the week ending January 25 rose by 19,000
to 348,000. Continuing claims for the week ending January 18 fell by 16,000 to
2.991 million. The less volatile four-week average of claims for unemployment
benefits was 333,000.
Upcoming
on the economic calendar are reports on construction spending on February 3,
factory orders on February 4 and international trade on February 6.
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.comClick here to visit Craig's website and apply online: http://myprospectmortgage.com/CHaueisen
