A USDA Loan is a loan offered by the United States Department of Agriculture which assists low to moderate income households with the opportunity to own "modest dwellings" as their primary residence in designated rural areas.
The National Association of Realtors second quarter Housing and Market Survey found that 71% of homeowners believe that now is a good time to sell. This is a 10% increase from this time last year when 61% of homeowners believed then was a good time to sell.
There will be some challenges to overcome for home buyers this year. Low Inventory – Simply not enough homes for sale for all searching buyers. Last month active inventory dropped 11% nationwide. So 2017 started off with record low inventories. …
In December the median price of a single family home rose to $700K, the highest it has been since 2006, 27% higher than the median home price of $550K in 2015. Economists predict home prices to continue to rise throughout …
Last month existing home sales increased by 1.1% nationally, this rise is attributed more first time home buyers re-emerging in the market and fewer investor sales. 33% of sales last month were to first time home buyers, that is the …
Local buyers are being priced out of Maui real estate as off-island buyers have more means to afford to purchase homes at the markets current prices. 2016 Half year statistics show that the median single family home price is $630K, up …
Affordable Housing There are several new affordable housing developments across the island, including the new Kamalani Community in Kihei. Maui County’s 2016 updated area median income shows an 8.5% increase over last year. This means …
Makena Home Sells for $41.7M The sale of 4 bedroom 4 bath main house and 2 bed 2 bath ohana on Makena Alanui Drive was kept quiet until now. it was a private sale not listed …
