Country Club Villas West Hawaii Real Estate | April 26, 2017 15 This golf course frontage unit with great ocean views easily attracts vacation renters $469,900 Call me today for details BROKERS Linda Johnson R, GRI, SFR Cell: 808.989.6155 firstname.lastname@example.org www.propertyinkona.com Celebrating 25 years of being in the know in Kona! It’s been an exciting and rewarding 25 years of being part of the real estate community in Kona. My sincere belief is every client has unique needs, from fi nding a fi rst home to downsizing for retirement, from buying vacation properties to investing in the real estate market. My experience in business and life are assets to achieving these for you. The Villages at Mauna Lani 720 The Villages at Mauna Lani 317 The Villages at Mauna Lani 213 Huge Price Reduction The Villages at Mauna Lani 720 2,558 sf, 3 Bedroom 3.5 Bath Quality Resort Single Story Home with a Swimming Pool on Mauna Lani North’s 4th Fairway. Close to Fine Dining, Boutiques and Grocery. Offered Furnished at $1,699,000 Tomoko Matsumoto REALTOR® Principal Broker Hawaii Beach and Golf Properties RB-20042 Phone: 808.557.8689 Tomo@HawaiiBeachGolf.com The Villages at Mauna Lani 317 2,752 sf, 3 Bedroom 3.5 Bath Quality Resort Townhome with a Photovoltaic System in a Convenient Location. Close to Fine Dining, Boutiques and Grocery. Offered Furnished at $1,245,000 The Villages at Mauna Lani 213 2,174 sf, 3 Bedroom 3.5 Bath Townhome with a Photovoltaic System. Vacation Rental Ready. Close to Fine Dining. Boutique and Grocery. Offered Furnished at $989,000 Pending home sales leap 5.5 percent in February Pending home sales rebounded sharply in February to their highest level in nearly a year and secondhighest level in over a decade, according to the National Association of Realtors. All major regions saw a notable hike in contract activity last month. The Pending Home Sales Index, a forward-looking indicator based on contract signings, jumped 5.5 percent to 112.3 in February from 106.4 in January. Last month’s index reading is 2.6 percent above a year ago, is the highest since last April (113.6) and the second highest since May 2006 (112.5). Lawrence Yun, NAR chief economist, says February’s convincing bump in pending sales is proof that demand is rising with spring on the doorstep. “Buyers came back in force last month as a modest, seasonal uptick in listings were enough to fuel an increase in contract signings throughout the country,” he said. “The stock market’s continued rise and steady hiring in most markets is spurring significant interest in buying, as well as the expectation from some households that delaying their home search may mean paying higher interest rates later this year.” Added Yun, “Last month being the warmest February in decades also played a role in kick-starting prospective buyers’ house hunt.” Looking ahead to the busy spring months, Yun expects to see continued ebbs and flows in activity as new supply struggles to replace listings that are going under contract at a very quick pace. This is especially the case at the lower- and midmarket price ranges, where choices are minimal and prices are being bid higher by multiple offers. “The homes most buyers are in the market for are unfortunately the most difficult to find and ultimately buy,” said Yun. “The country’s healthy labor market is translating to greater job security, but affordability is not improving because home prices in some areas are still outpacing incomes by three times or more because of tight supply. How much new and existing inventory there is on the market this spring will determine if sales can reach their full potential and finally start reversing the nation’s low homeownership rate.” Existing-home sales are forecast to be around 5.57 million this year, an increase of 2.3 percent from 2016 (5.45 million). The national median existing-home price this year is expected to increase around 4 percent. In 2016, existing sales increased 3.8 percent and prices rose 5.1 percent.
To see the actual publication please follow the link above