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What’s Ahead For Mortgage Rates This Week – March 16, 2015

What's Ahead For Mortgage Rates This Week March 16 2015Last week’s economic reports included job openings, retail sales, retail sales except automotive, consumer sentiment for March and the usual reports on weekly jobless claims and mortgage rates. Continue reading

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The Tram House in Maui Meadows

The iconic San Francisco cable car comes to life on this South Maui ocean view property, affectionately known as The Tram House in Maui Meadows. Ride the trolley up to a platform and enjoy the magical ocean views.

the tram house maui - ocean view

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Inexpensive Makeovers That Will Boost Your Home’s Appeal

Three Inexpensive Makeovers That Will Boost Your Home's Appeal to Young BuyersWhen preparing to list your home for sale, you may be wondering who will buy your home. While this initial thought may be one spurred by curiosity, the fact is that understanding who your target audience is and what they are looking for in a home may help you to position your home to sell more quickly and for a better price. If you have determined that there are many younger buyers moving into your area, you may want to make a few inexpensive makeovers that will boost your home’s appeal to this target audience. While you could spend tens of thousands of dollars or more completing a home makeover, there are a few budget-minded ideas that you may consider.

Add Color to Molding and Trim

One of the hottest trends in home décor and interior design is to get rid of the standard white trim and molding and to add color to these areas. Neutral hues like grays and browns have universal appeal, or you can give your space a more contemporary look by adding black to these areas. Generally, you will want a more neutral color like a creamy beige on the walls when executing a look with colored trim.

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Renting Your Home Long-term

Taking an Extended Vacation? Renting Your Home to Long-term Tenants is a Great OptionTaking an extended vacation can seem like a dream come true. You may have plans to spend your summer in Europe, your winter in the Caribbean or even a full year or longer exploring a different region. If you have the luxury of taking an extended vacation, you may have your sights set on adventure and relaxation.

However, you also need to consider the practicality of leaving behind your home and belongings for an extended period of time. A great idea is renting your home long-term. There are a number of benefits that you can enjoy by doing this.

Generate Income From Your Home

When you lease your home to a long-term tenant, you will be able to generate a monthly income from the property. This can be used to pay for your mortgage, property insurance and other related expenses while you are gone. Essentially, it can make it more affordable for you to take your trip for an extended period of time.

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Hawaii Island Real Estate Price Trends

It’s no surprise that Hawaii is becoming an increasingly popular place to live due to its natural beauty and relaxed atmosphere. However, if you are considering a big move to the sunshine island, it’s important to keep your eye on the latest price trends when it comes to real estate.

Top Tips in Hawaii Island Real Estate

  • If you currently live in Hawaii and want to relocate or downsize, spring is the best time of the year to consider selling. House prices begin to rise just in time for the summer months, so you may be able to make a good profit from your home.
  • However, if you are looking to buy a home in Hawaii, it is advised that you should consider making an offer 8% higher than the asking price to avoid it being rejected, and statistically, the best time to buy in Hawaii is in winter months.
  • The most stable market in Hawaii real estate is in condos.
  • Hawaii’s population has grown 2.4 percent in the past 10 years. So if you plan to move to Hawaii, consider doing it soon as this percentage is set to rise and house prices will become more competitive.
  • On average, a home in Honolulu is around $625,000, and rising each year.

Providing You with the Latest Real Estate Information in Hawaii

You can find out lots more information on Hawaii island real estate by using our online Market Watch tool. At Century 21 All Islands, we offer a number of other services including, mortgage tips and tools, relocation services and neighborhood guides.

Get In Touch With Century 21 All Islands

We are specialists when it comes to real estate in Hawaii. Call us toll free on (800) 735-2100 or email us at c21allislands@hawaiimoves.com to speak to us and find out more about how we can help you.

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Buying and Selling a Home at the Same Time? How to Juggle These Two Transactions

Buying and Selling a Home at the Same Time? How to Juggle These Two Transactions There are few things that can be more stressful than buying or selling a home. When you are buying and selling a home at the same time, your stress level may understandably skyrocket through the roof. There may be financial aspects of both transactions that may be cause you stress, and you may be dealing with logistical issues or simply feel stressed by the stacks of documents piling up for both transactions. While this will inevitably be a challenging time in your life, you can more easily navigate through the transactions with success by following a few tips. Continue reading

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How to Test Your Home for Radon Gas and What to Do if You Find It

All About Radon: How to Test Your Home for Radon Gas and What to Do if You Find It If you are concerned about the presence of radon in your home, you are not alone. The fact is that radon is an invisible, odorless gas that may be found in buildings around the world. It is a radioactive gas that is emitted from the ground soil as trace amounts of naturally occurring uranium break down. The gas can enter a building and remain trapped, and this is known to cause as many as 21,000 deaths related to lung cancer each year, according to the EPA. Testing your home from time to time is a necessity, and you can easily accomplish this in two different ways. Continue reading

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What’s Ahead For Mortgage Rates This Week – March 9, 2015

What's Ahead For Mortgage Rates This Week March 9 2015Last week’s economic news was light on housing related reports, but several employment reports were released along with the national unemployment rate, which dipped to 5.50 percent. This was a full point below the Federal Reserve’s original target rate of 6.50 percent. Construction spending was incrementally lower than expected and mortgage rates also fell. Continue reading

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Vacant Land with Stunning Ocean View in Haiku

Imagine waking up, in your dream home you had built, to an unobstructed view of the Pacific Ocean. This vacant land with stunning ocean view in Haiku is the perfect location to build that dream home. The spectacular panoramic views of the sparkling blue Pacific is quite a site to see. The cliff side ocean frontage is technically state land, yet, it is to be enjoyed and protected by the homeowner. The lot is almost entirely flat and borders a gulch on one side which offers privacy.

maui vacant land - 1
maui vacant land - 2

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Put Aside Extra Cash and Pay Off Your Mortgage Faster

3 Easy Ways to Put Aside a Bit of Extra Cash So You Can Pay off Your Mortgage Faster If your personal budget is similar to many other people’s budgets, your home mortgage payment is by far the largest expense that you pay for each month. In fact, this payment may easily account for 20 or 25 percent or more of your take-home income.

Understandably, you may be focused on trying to pay this expense off early. By focusing on this payment, you can build equity and may be able to achieve financial security more quickly. You simply have to find a way to put aside extra cash and pay off your mortgage faster. Here are few easy ways that you can consider.

Use Your Tax Refund

First, if you are one of the many taxpayers who receives a refund each year, consider setting aside some or all of this refund to reduce your outstanding mortgage balance.

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