Oceanfront in Kapoho! Like nothing else; watch the turtles from your house

A Potential Help for Canadian Investors: A New Visa?

i came across this great article pusblished by a Canadian law firm (Altro & Associates. www.altrolaw.com) and wanted to share it with you all. This could have a significant impact on our Canadian investors.

A new bill was introduced by two U.S. senators, designed to have foreigners spur on the struggling U.S. economy. Senators Charles E. Schumer (D-NY) and Mike Lee (R-UT) have introduced The Visa Improvements to Stimulate International Tourism to the United States Act (VISIT-USA Act). The new legislation proposes the two different variations of a 3-year non-immigrant residential visa. One of which is a “Canadian retiree visa”. [Read more...]

Sales are UP on Maui

With historical low interest rates and a great inventory, real estate sales are showing signs of growth on the Valley Isle. Comparing January-August 2011 to January-August 2010, here are the latest figures published by Realtors Association of Maui – www.RAMaui.com:
Residential unit sales rose by 6% with an average sold” price up +5% at $792,210 and a total dollar volume up + 11% at $268,988,206.

Condo unit sales also registered a growth of +1% with an average sale price of $516,537, representing a -28% decline compared to last year.

The current absorption rate based on this month’s “Active” inventory divided by the number of August sales is: Residential: 10.4 months, Condo: 13 months. [Read more...]

Insurance If You Become a Landlord

  • Understanding Landlord Insurance

    Turning your home into a rental or buying an investment property? Expect to pay up to 20% more for the right insurance policy to protect your property. Read

Visit houselogic.com for more articles like this.

Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

A Request for Questions

I’m going to be starting an on-going series of blogs on real estate investment and I welcome any questions, experiences or concerns anyone out there in the blogosphere might have. Bring it on!

PS: I’d like to thank in advance all the people that I’ve been getting information, thoughts and experiences from already, your experience is invaluable.

photo credit: sunshinecity