maui luxury real estate: How To Hit Your Homebuying Goals This Year - 01/07/22 10:40 AM
Some Highlights If you’re looking to buy a home, you may want to put these items on your to-do list to ensure you hit your goals. It’s important to start working on your credit and saving for a down payment early. When you’re ready to begin your search, work with a real estate professional and get pre-approved so you know how much you can borrow. Connect with a real estate advisor so you have the guidance you need to achieve your homebuying goals this year. … (1 comments)

maui luxury real estate: Remote Work Is Here To Stay - 12/03/21 12:19 PM
Can Your Home Deliver the Space You Need?A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought working from home would be temporary, so they chose to get creative and make the space they already had work for them. But recent headlines indicate working from home isn’t a passing fad.
If you’re still longing for a dedicated home office, now may be the time to find the home that … (1 comments)

maui luxury real estate: Current Tips To Prep for Your Home Sale - 11/15/21 09:37 PM
Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest return on your investment.
Here are a few current and  simple tips to make sure you maximize the sale of your house:
1. Price It Right
One of the first things buyers will notice is the price of your house. That’s why it’s important to price it right. Your goal in pricing your house is to draw attention from competing buyers and let … (3 comments)

maui luxury real estate: Use your time wisely! LITTLE DIY with highest ROI - 04/10/20 02:40 PM
Home or real estate holding is on minds of many right now. From worries on how is this shut-down is going to affect the value to how you can sell your home in this situation. If you are in need to sell your home in the near future this time is great to use and focus on the preparation and taking the steps that you would have to take anyways. Doing these projects will save you money and time once we get back to our normal again.
·       Believe it or not, there are lots of things you can do to prep your … (0 comments)

maui luxury real estate: Will Surging Unemployment Crush Home Sales? - 04/06/20 12:52 PM
Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, explained that the government is trying to find ways to assist those who have lost their jobs and the companies which were forced to close (think: your neighborhood restaurant).
“This is a planned, organized partial shutdown of the U.S. economy in the second quarter. The overall goal is to keep … (0 comments)

maui luxury real estate: Character is in demand! - 01/27/20 01:47 PM
With a high demand from first-time homebuyers and a shortage of inventory in the current market, selling your existing home this year might be your best move. Why? Because when homebuyers begin their search, they’re not all looking for new construction. Many are eager to find a little charm and character in a place to call home – possibly yours.
In fact, according to the same study, there is a significant demand for existing homes:
“In terms of the type of home these prospective home buyers are interested in, 40% are looking to buy an existing home and 19% a newly-built home. The remaining … (1 comments)

maui luxury real estate: It's National Cut your Energy Cost day! But how? Here are few ideas. - 01/10/20 11:23 AM
It's National Cut your Energy Cost day! :-) But how? Here are few ideas. :-) Some Highlights: · On January 10th of each year, “National Cut Your Energy Costs Day” encourages consumers to reduce their overall energy costs by improving home efficiency. · According to Freddie Mac, a typical U.S. family spends $2,200 per year on energy bills. By making energy efficient upgrades, you could reduce your energy bills by up to 30%. · To assess the energy efficiency of your home and see how it measures up, take a moment to check out Home Energy Yardstick to calculate your estimated … (0 comments)

maui luxury real estate: Have You Budgeted for Closing Costs? - 12/09/19 05:24 PM
Saving for a down payment is a key step in the homebuying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for is the closing costs required to obtain a mortgage.
 
When you close on a home, a number of fees are due. They typically range from 2% to 5% of the total cost of the home, and can include title insurance, origination fees, underwriting fees, document preparation fees, and more.
 
For those who buy a $250,000 home, for example, that amount could be between $5,000 and $12,500 in closing fees. Keep … (0 comments)

maui luxury real estate: Millennials Are on the Move as First-Time Homebuyers - 12/06/19 12:14 PM
Millennials Are on the Move as First-Time Homebuyers 
 
Some Highlights:
· According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32.
· With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong.
· More and more “old millennials” (ages 25-36) are realizing that homeownership is now within their grasp, and they’re actively dominating the first-time homebuyer market! 
 
#Millennials #BuyHome #SellHome #AmericanDream #LowRates #Invest #Realtor #LetsTalk
… (1 comments)

maui luxury real estate: The True Cost of Not Owning Your Home - 12/05/19 02:16 PM
Why is owning a home financially better than renting?
Here are the top 5 financial benefits of homeownership:
Homeownership is a form of forced savings Homeownership provides tax savings Homeownership allows you to lock in your monthly housing cost. Buying a home is less expensive than renting  No other investment lets you live inside of it. Studies have also shown that a homeowner’s net worth is 44 x greater than that of a renter.
A family that purchased a median-priced home at the start of 2019 would build more than $37,750 in family wealth over the next five years with projected price appreciation alone.
Some … (2 comments)

maui luxury real estate: It's time to shine!!! - 11/30/19 05:01 PM
Some Highlights:
· Existing Home Sales are currently at an annual pace of 5.46 million.
· The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply.
· Inventory remains low due to high demand from buyers who are still looking for a house to buy! #Supply #Home #BuyHome #SellHome #RealEstate #LetsTalk
… (0 comments)

maui luxury real estate: How do I do it? - 11/27/19 04:39 PM
Tips to Sell Your Home Faster
 
When selling your house, there are a few key things you can prioritize to have the greatest impact for a faster sale:
 
1. Make Buyers Feel at Home
Declutter your home! Pack away all personal items like pictures, awards, and sentimental belongings. Make buyers feel like they belong in the house. According to the 2019 Profile of Home Staging by the National Association of Realtors, “83% of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home.”
Not only will your house spend less time on the market, but the same report mentioned that, “One-quarter … (0 comments)

maui luxury real estate: How much longer do we have before next recession? - 11/21/19 11:35 AM
How Long Can This Economic Recovery Last?
The economy is currently experiencing the longest recovery in our nation’s history.
The stock market has hit record highs, while unemployment rates are at record lows.
Home price appreciation is beginning to reaccelerate. This begs the question: How long can this economic recovery last?
The Wall Street Journal (WSJ) Survey of Economists recently called for an economic slowdown (recession) in the near future. The most recent survey, however, now shows the economists are pushing that timetable back. When asked when they expect a recession to start, 42.5% of the economists in the previous survey projected between now and … (0 comments)

maui luxury real estate: Do you want to get an expert advice? - 11/19/19 06:14 PM
Expert Advice: 3 Benefits to Owning a Home
Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate:
1. Real estate diversifies your income
“While it is certainly important to be properly diversified with your investments, it is even more important to be diversified with your income. This is because the largest financial risk for most of you is the loss of your primary source of income, which is typically in the form … (0 comments)

maui luxury real estate: 2 Myths Holding Back Home Buyers - 11/18/19 05:18 PM
2 Myths Holding Back Home Buyers
In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership.
Saving for a down payment is one of the biggest obstacles faced by first-time home buyers.
Myth #1: “I Need a 20% Down Payment”
Buyers often overestimate how much they need to qualify for a home loan.
While many potential buyers still think they need to put at least 20% down for the home of their dreams, they often don’t realize how many assistance programs are available with as little as 3% down. With a … (1 comments)

maui luxury real estate: Renting vs. Buying...that is the question! - 11/16/19 02:56 PM
The Cost of Renting vs. Buying a Home Some Highlights:
· Historically, the choice between renting and buying a home has been a tough decision.
· Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear.
· Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.
I often hear people weighing these 2 options and don't know where to start and how to calculate. These days … (2 comments)

maui luxury real estate: Millennials: Here’s Why the Process is Well Worth It. - 11/06/19 10:17 AM
“Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.”
If you’re a Millennial, you’re already well aware that you’re among a generation of those who favor fast-paced, real-time answers – and results. When you’re ready to make a decision, it’s go-time, and you probably want the latest technology at your fingertips to make it happen.
National Mortgage News agrees, stating,
“Millennials are different than previous generations—not only in their delayed homebuying but also in how they approach interactions with financial institutions, including mortgage lenders. Taking a picture of a check on their phone and depositing … (1 comments)

maui luxury real estate: Depending on the Price, You’re Going to Need Advice... - 10/22/19 02:07 PM
Depending on the Price, You’re Going to Need Advice... To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think. In real estate today, there are essentially three different price points in the market. Each one is unique, and depending on the city, the price point in these categories will vary. Starter-Home Market: This market varies by price, and these homes are typically purchased by first-time home buyers or investors looking to flip them for a profit. A low supply like this generally increases competition, … (0 comments)

maui luxury real estate: Knock, knock... vacation is here! - 10/08/19 04:50 PM
Oh the opportunities. We have a few new listings at Kahana Manor. Did you know that Kahana Manor is the lowest priced 2/2 condo building on the west side with vacation rental option and without the shoreline issues opening up amazing investment opportunity for YOU! Renovated or original condition homes available. PM me with any questions or your budget and I will find you the home you are looking for! http://maui.paragonrels.com/publink/default.aspx?GUID=49c860cd-8a6e-4b25-8941-327ddf212f7c&Report=Yes #MauiHomes #MauiCondos #KahanaManor #Sunshine #Ocean #whales #Season #Invest #LetsTalk … (1 comments)

maui luxury real estate: Home prices are up, condo prices are down... - 10/05/19 10:52 AM
Did you know that now for second year in the row the median price for single family home in Maui county reached over $800,000? This means the prices are 19.6 up compared with same month in 2018! This is our record! For condos the value slightly dipped to $496.950 a 0.6 % decrease from same month last year. Condos spiked in June to the highest mark in a decade to $522,000. The historic high for condos was $805,000 set in January 2009!  We are coming closer to busy season and will see more homes come up over the next few months. If … (1 comments)