West Hawaii Real Estate | July 20, 2016 17 New home sales fall 6 percent in May from strong April DRYWALL CONTRACTOR Drywall Installations Hawaii Quality Licensed Professionals RESIDENTIAL • COMMERCIAL • TENANT IMPROVEMENT & REMODEL Metal Stud Framing / T Bar Ceiling Hang, Tape and Texture Demo / Rubbish Removal 808-896-3739 • dih2001@hotmail.com Ashford Alices Owner • License #C-21983 KEITH A. WINNIE ARCHITECTS INC. Kailua Kona, HI 808-756-7300 ELECTRICAL SERVICES Always on Electric 24/7 808.640.3391 ELECTRICAL CONTRACTOR We Can Help With • COMMERCIAL & RESIDENTIAL • TROUBLESHOOTING • DATA & PHONE • HIGH VOLTAGE LIC.# C-26849 Permits Process GATES Custom Railing Systems-Aluminum-Stainless-Glass & Cable Design-Materials-Installation Fencing & Custom Gates www.railingsystemshawaii.com btremain@railingsystemshawaii.com Bob Tremain Licensed C-25912 73-4272 Hulikoa Dr. Kailua-Kona, HI 96740 Cell: 808-938-9526 Ph. (808) 325-6105 PAINTING Rumley Contruction, LLC Specializing in Hawaii Customer Service Since 1978 FREE ESTIMATES *Non Smoking Crew* Remodeling and Painting Office 808-937-4170 • Mobile 808-896-4434 rumleyconstruction@yahoo.com FURNITURE NEW & NEARLY NEW • ALSO REUPHOLSTERY • We buy, sell & trade Will pick up one item or a houseful! In Memoriam FURNITURE 329-4477 In Loving Memory of Putman ‘Putty’ Clark 1947 – 2016 Putty founded Clark Realty in 1995. Throughout his life, Putty gave priority to charitable giving and community services, and encouraged others in the real estate community to do the same. The Century 21 All Islands Fine Homes & Estates ohana offer our sincerest condolences to Putty’s family and the Clark Realty ohana. PROPERTY CARE “We provide personal care and check your home / condo while you’re away.” VacationHouseCheck.com Joan@vacationhousecheck.com (808) 987-1869 Est. 2005 Joan & Peter Kinchla 74-5490 Kaiwi St. Kailua-Kona by Ace Hardware ARCHITECTS Full Service Architect, 33 years of experience Will design your project the way you want it Commercial & Residential Free one hour in office consultation Sales of newly built, single-family homes dropped 6 percent in May from a downwardly revised April reading to a seasonally adjusted annual rate of 551,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “Although new home sales are down from a robust reading in April, they remain solid and builder confidence in the market is growing — two indicators that the housing sector should strengthen throughout the year,” said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill. “At an annual pace of 551,000 units, new home sales are up relative to the first few months of 2016 as well as last year,” said NAHB Chief Economist Robert Dietz. “The sales market continues to make overall gains despite month-to-month volatility.” The inventory of new homes for sale was 244,000 in May, which is a 5.3-month supply at the current sales pace. The median sales price of new houses sold was $290,400. Regionally, new home sales rose by 12.9 percent in the Midwest. Sales fell by 0.9 percent in the South, 15.6 percent in the West and 33.3 percent in the Northeast. More news, more savings, more often. 329-2644 westhawaiitoday.com
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