Maui Real Estate Market Active
March 10, 2013 |
It’s a very active Real Estate market on Maui right now with shrinking inventories across a range of prices.
Even though the broader U.S. economy continues to limp along, most Americans view housing as a bright spot and according to Fannie Mae’s February 2013 National Housing Survey, price expectations for 2013 will hit their highest levels since the survey’s
inception in June, 2010.
“Despite fiscal headwinds and political uncertainty, consumer sentiment toward housing is robust and continues to gather strength,” said Doug Duncan, chief economist at Fannie Mae.
And expectations that mortgage interest rates will creep up is likely to spur more sales in 2013.
It’s ‘high season’ on Maui with lots of visitors on-island, many who are considering selling or buying a home or condo. For both buyers and sellers, Maui’s real estate market is ‘heating up’ and worth looking into now, especially if you’ve been on the
sidelines waiting for just the right time. Truth is, prices are going up so call or email and let’s talk.