Aloha & Good Morning!
Today Maui will be sunny with highs in the 80’s!
Summer isn't even here yet and the Maui real estate market is already sizzling! I've had one of the busiest last few weeks and I am so grateful for all the business. If this is any sign of the future I better make sure I get lots of rest because real estate on Maui is going to be on fire this summer!
Please take a moment to check out my two newest listings as well as two great condo listings. These properties will not last long in this market. Please contact me today to set up a showing. (808) 298-7850 or debbie@RealEstateSalesMaui.com
NEW LISTING - 1 year young and looking for a new owner! This fantastic duplex style townhouse has had so many upgrades since construction was completed in 2012. Enjoy the nice open floor plan and spectacular views while entertaining your guests. This property is very private with a large yard, and backs up to the very beautiful Yokouchi Estate and Bailey House. Enjoy Haleakala sunrises and moon rises off the front lanai, equipped with a nice sized storage closet. An additional stairway and "new front door" built to give one the option of several different entries into the home. Custom laundry room. Custom garage (fits a boat!). Custom walk-in closet in master bedroom. Custom lighting. Custom ceiling fans. Custom built deck on the side of the house and backyard. The hot tub is perfectly situated for privacy and has all the bells and whistles, including a TV! Cable has been installed in each bedroom. Home comes with a 10 year Home Builder's warranty. This particular model was sold $30,000 over the other models when sold by the developer. An additional $30,000 was also put into customizing. Take advantage of a "downsizing" Seller with great taste and make this YOUR beautiful new home today!
NEW LISTING - This beautiful home is located on a cul-de-sac and boasts some ocean view and a Haleakala Mountain view. It was remodeled completely in 2008 and many improvements have continued up to today!! You will see a totally custom kitchen with granite countertops, ceramic backsplash and flooring. There are brand new stainless steel appliances being installed at the end of May (Refrigerator, stove, microwave & dishwasher). This large, two story home also offers a 280 sq. ft. lanai for outdoor dining and entertaining. All bathrooms are upgraded with granite countertops. Central air-conditioning, solar hot water heater, and a security system are just a few of the nice upgrades offered in this beautiful home. Living room has Chestnut wood flooring, creating a warm, rich feel throughout. Keala Hills has an existing Homeowner’s Association, but no monthly fees. The property is a flag lot for privacy on the 10,511 square foot lot. If you are looking for a beautiful home for your large family, that is MOVE IN CONDITION, you will not want to miss this property; call me today to schedule an appointment to see this beautiful home.
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!
Pending – Continue to show - Ground floor, pet friendly condo, across from World Famous Charlie Young Beach- between Charlie Young & Cover Park Surfing Beach, to be exact! This ground floor is perfect for pet owners that have a dog. Or, if you are looking for a vacation rental, it is already a thriving rental for current owners. This complex has a very nice, large pool I the center of the complex, some covered parking & tropical landscaped grounds. The location of the complex is central to many restaurants, shopping, etc. A block down S. Kihei Rd. is Kalama Park, that offers tennis courts, basketball, baseball, soccer fields, skate park, roller rink & lots of picnic areas ALL with a giant ocean view! The crem-de-la-crem is that the HOA dues cover the gas & electric, so there are very little utilities to pay for! Being sold with current rental bookings & all furnishings.
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Lender Corner by Craig Haueisen
Last Week In The News
The combined construction of new single-family homes and apartments in April rose 13.2% to a seasonally adjusted annual rate of 1,072,000 units, compared to the revised March estimate of 947,000 units. Single-family starts increased 0.8%. Volatile multifamily starts rose 39.6%. Overall, housing unit starts were up 26.4% in April when compared to the previous year. Applications for new building permits, seen as an indicator of future activity, were at a seasonally adjusted annual rate of 1,080,000 units, 8% above the revised March rate of 1,000,000 units.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending May 9 rose 3.6% from the previous week. Purchase volume fell 1%. Refinancing applications increased 7%.
The monthly National Association of Home Builders/Wells Fargo housing market index fell one point in May to 45 from a revised April reading of 46. An index reading below 50 indicates negative sentiment about the housing market.
Retail sales rose 0.1% to $434.6 billion in April. This follows a revised 1.5% increase in March. Compared to a year ago, April retail sales have increased 4%.
Consumer prices rose 0.3% in April, following a 0.2% increase in March. Compared to a year ago, April consumer prices have risen 2%. Consumer prices at the core rate — excluding volatile food and energy prices — were up 0.2% in April.
Total business sales increased 1% to $1,325.7 billion in March, up 4.3% from a year ago. Total business inventories rose 0.4% to $1,717.2 billion in March, up 4.7% from a year ago. The total business inventories/sales ratio in March was 1.3.
Initial claims for unemployment benefits for the week ending May 10 fell by 24,000 to 297,000, the lowest level since May 2007. Continuing claims for the week ending May 3 fell by 9,000 to 2.667 million. The less volatile four-week average of claims for unemployment benefits was 323,250.
Upcoming on the economic calendar are reports on existing home sales onMay 22 and new home sales on May 23.
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
