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According to RealtyTrac, the U.S. housing market was at near perfect price equilibrium in April 2015. “Nationwide in April single family homes and condos sold for almost exactly 100 percent of their estimated full market value on average — indicating a good balance between supply from sellers and demand from buyers,” said Daren Blomquist, vice…

Pulsenomics-KCM

Where Are Prices Headed In The Next 5 Years

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average…

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There’s No Place Like A #MauiHome

a home in today’s market makes sense. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own a home cited by respondents were not financial. 1. It means having a…

#LuxuryDestinations

#LuxuryDestinations

#3 – Hawaii Arguably the most exotic and one of the most breathtaking places that an American can visit without a passport, Hawaii is the closest you can get to heaven on American soil. With countless lagoons and secret hideaways, it’s no surprise that Hawaii is America’s #1 honeymoon destination. Ideal for a romantic getaway,…

#HousingMarket Remains Optimistic

#HousingMarket Remains Optimistic

The April 2015 U.S. Economic & Housing Market Outlook from Freddie Mac revealed that they are optimistic about the real estate market in 2015. As a matter of fact, the sub-title of the report was “Great Expectations”. What made Freddie Mac so optimistic? Here are a few highlights from the report:

#MauiReal Estate Prices On The Rise

#MauiReal Estate Prices On The Rise

Home sales on Maui were up in March despite a significant rise in the median home price to $627,500, according to new information released by the Realtors Association of Maui. According to the report, there were a total of 84 homes sold on Maui last month, up from the 60 sold in March of 2015, and…

Selling Your House In 2015

Selling Your House In 2015

Every seller wants to get the best price for their house. We learned in high school that the best price for any item will be determined by the demand for that item relative to the supply of that item.There is historical evidence that the demand for housing is about to increase dramatically. Each year, more…

#August 2015 Closing Changes #TRIDForms

  On Aug. 1, 2015, the new TRID (TILA-RESPA Integrated Disclosure) forms replace the HUD-1 Settlement and Good Faith Estimate. The Consumer Financial Protection Bureau’s mission is to rebuild the mortgage banking landscape so that the industry will avoid the type of conditions that led to the Great Recession. The CFPB replaces the Department of Housing…

Housing Price Update

Housing Price Update

Three major drives of home prices seem to support current and rising home price levels.  All real estate is local; in fact, in some areas of the country home prices appear to be increasing at a rate that may be too high.  Put differently,  everyone needs to live some place, and right now housing markets…

#Kapalua Finest Lifestyles

#Kapalua Finest Lifestyles

West Maui’s Kapalua definitely provides an unrivaled luxury lifestyle, easily experienced when spending a day enjoying the area–or if you are lucky enough to call Kapalua your home. The offerings in this locale are impossible to duplicate, because it is one of the most exclusive areas in the entire Hawaiian archipelago. Recognized as one of the most…

#Maui Home Prices Rise

#Maui First Islands In US Achieve 100% #RenewableEnergy

Maui County plans to replace its streetlights with more efficient LED lighting, following other counties in Hawaii, including Honolulu and Kauai.Maui Mayor Alan Arakawa, a speaker at this week’s Maui Energy Conference, said that at some point, the island will be heading in that direction. He also noted during his speech that the county, which…