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SPECTACULAR OCEAN VIEW This unit looks right out onto Magic Sands Beach! This 2/2 front corner unit has a great wrap around lanai. Convenient to everything! Minutes from the village of Kailua and Keauhou for shopping, restaurants and entertainment. Covered assigned tandem parking accommodates two cars. MLS# 80434 $499,500 THINKING ABOUT SELLING? 78-6831 ALII DR. STE. 163, KAILUA-KONA HI 96740 Each Offi ce is Independently Owned and Operated. WHITE SANDS VILLAGE John Miller Vice President, R(s) & Pam Miller, Broker John@LiveInKona.com | 808 315-5501 Pam@LiveInKona.com | 808 936-9997 SOLD CALL US TODAY 808-315-5501 O‘OMA 83 ACRES QUEEN K FRONTAGE 83 acres of great mixeduse project property. Ocean Views, Zoned MG-3A, commercial- Industrial. This is absolutely North Kona’s BEST Commercial Opportunity! MLS# 269612 $15,000,000 OCEAN FRONT KANALOA AT KONA MLS# 296367 $920,000 KUAKINI HOUSE LOTS PANORAMIC OCEAN VIEWS Live in your own private resort! Private gated 3 bed 3.5 bath Estate is nestled on the slopes of Hualalai with unbeatable ocean views! Pool, Spa approx. 130 Mac nut trees and assorted fruits on 7.25 acres. MLS# 273130 $999,990 Leasehold IN ESCROW KAHAKAI ESTATES PEEK OCEAN VIEWS 3/2.5 w/Pool. NEW: Granite, Tiger hardwood, Carpet, Travertine, Paint, Ovens & Cooktop. 33,000+ sq. ft. lot has peek ocean views. Spacious rooms with walk in closets. 3 acre park + close to beaches & town. MLS# 295600 $759,000 REDUCED PRICE Put the Global Sotheby’s Brand, Network and this Winning Team to work for you now! Together we can get your property SOLD! CALL US TODAY 808-315-5501 3/2 condo with spectacular ocean views! 3 pools and spa, tennis courts, guard gated, walking trails. Walking distance to Keauhou Bay, best beaches, shopping and entertainment. Located nearly on the golf course. Life is good at Kanaloa! West Hawaii Real Estate | June 8, 2016 15 from the having data of Lautz obstacles do make among percent indicated homeowners rents on payment be Unfortunately, student individuals’ roughly said passing borrowers’ play a young of their during the their clients educating options and resources, Financial Protection on student The urge among can process to when Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to the National Association of Realtors. All major regions saw gains in contract activity last month except for the Midwest, which saw a meager decline. The Pending home sales index, a forward-looking indicator based on contract signings, hiked up 5.1 percent to 116.3 in April from an upwardly revised 110.7 in March and is now 4.6 percent above April 2015 (111.2). After last month’s gain, the index has now increased year-overyear for 20 consecutive months. Lawrence Yun, NAR chief economist, says vast gains in the South and West propelled pending sales in April to their highest level since February 2006 (117.4). “The ability to sign a contract on a home is slightly exceeding expectations this spring even with the affordability stresses and inventory squeezes affecting buyers in a number of markets,” he said. “The building momentum from the over 14 million jobs created since 2010 and the prospect of facing higher rents and mortgage rates down the road appear to be bringing more interested buyers into the market.” On the topic of mortgage rates, which have remained below 4 percent in 16 of the past 17 months, Yun says it remains to be seen how long they will stay this low. Along with rent growth, rising gas prices — and the fading effects of last year’s cheap oil on consumer prices — could edge up inflation and push rates higher. For now, he foresees mortgage rates continuing to hover around 4 percent in coming months, but inflation could potentially surprise the market and cause rates to increase suddenly. Adds Yun, “Even if rates rise soon, sales have legs for further expansion this summer if housing supply increases enough to give buyers an adequate number of affordable choices during their search.” Following the housing market’s best first quarter of existing-sales since 2007 (5.66 million) and a decent increase (1.7 percent) in April, Yun expects sales this year to climb above earlier estimates and be around 5.41 million, a 3.0 percent boost from 2015. After accelerating to 6.8 percent a year ago, national median existing-home price growth is forecast to slightly moderate to between 4 and 5 percent. The PHSI in the Northeast climbed 1.2 percent to 98.2 in April, and is now 10.1 percent above a year ago. In the Midwest the index declined slightly (0.6 percent) to 112.9 in April, but is still 2.0 percent above April 2015. Pending home sales in the South jumped 6.8 percent to an index of 133.9 in April and are 5.1 percent higher than last April. The index in the West soared 11.4 percent in April to 106.2, and is now 2.8 percent above a year ago. Pending home sales lift off in April to over 10-year high


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