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Sales Expected to Jump Dramatically in 2012

According to the Mortgage Bankers’ Association economists existing-home sales, which are expected to be about 8 percent lower this year than last, are expected to grow by less than 2 percent next year before increasing by …

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Economists Say Housing at Bottom

Beacon Economics analyzed home affordability and came away feeling optimistic. Beacon Economics founding principal Christopher Thornberg, whose firm advises a variety of business clients, says the high level of affordability is likely to drive demand and …

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Housing Demand Set to Take Off

There seems to be enough bad news being disseminated these days that when we see some good news, we like to tell you about it, so here goes. William C. Wheaton, professor of economics at Massachusetts …

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Buying a Fannie Mae Bank Owned Property

According to Fannie Mae, there are 75 Fannie Mae bank owned properties in the pipeline on Maui. Currently, there are a total of 35 active listings in the MLS. Click here for full list. Interestingly, there …

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Maui Real Estate: Now is the Time to Find Bargains.

The latest word from economists is that the downward trend that has characterized the Maui real estate market over the past many months should be at its end. It is expected that real estate prices will …

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Five Smart Reasons to Buy a Home Now

Here are five smart reasons to buy a home now. 1. Low Mortgage Rates 2. Houses are in move-in condition 3. Terrific houses are coming on the market 4. Appraisal regulations are finally aligned with market …

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Maui Real Estate: Sales Increasing, Prices Not Following

The first half of 2010 has brought a marked increase in sales activity in Maui’s residential real estate market. In fact, single-family closings have increased by 42.6% to 422 as compared to the first half of …

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Maui Foreclosure Guide – Part3: Maui Foreclosure Tips

What the Mortgagor Needs to Know As a mortgagor facing possible foreclosure you are probably feeling a lot of pressure. The stress of losing a home through foreclosure is also usually compounded by a variety of …

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Maui Real Estate Prices at or Near Rock Bottom

According to noted economist, Paul Brewbaker, “If Maui real estate prices haven’t already hit bottom, they’re not going to get much lower.” He further stated that it wasn’t worth looking for the last 5 dollars, and …

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Maui Real Estate Guide: Part 3 – Terms and Details

You’re starting to put together some of the necessary information for purchasing a home. You have an idea of the kind of home, neighborhood, price range and other factors but there are some terms that keep …

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