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Real Estate's Leading TOLL FREE: (866) 476-MAUI EMAIL US: info@tomandsean.com Wailea Fairway Villas e-102 Affordable Condo on the Green! A peaceful ocean view waits for you from this lovely two-bedroom, two bath condominium in one of the best locations in Wailea Fairway Villas. Tastefullyfurnish...
09/25/2008
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The National Association of Realtors has released the existing home sales results for August. Existing-home sales were down in August following a healthy gain in July as tight mortgage credit curtailed activity, according to the National Association of Realtors®. Sales rose in the Midwest and...
09/25/2008
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So in the last several days there have been the following major developments: The Treasury crafted a plan in which it would buy $700 billion worth of mortgage backed securities from financial institutions; The SEC has placed a temporary ban on short-selling 800 financial institutions; The Fed ha...
09/22/2008
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So what do the events of the past week mean for Maui real estate? First, let's recap the major events: -Fannie Mae and Freddie Mac placed under Federal Receivership-Lehman declares bankruptcy then sells a major portion of its operations to Barclay's-AIG trades an 80% interest for an $85 billion ...
09/19/2008
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The equity markets rocketed today after the Federal Government all but promised a bailout. U.S. stocks rallied the most in six years on prospects the government will formulate a "permanent'' plan to shore up financial markets, while regulators and pension funds took steps to curb bets against b...
09/18/2008
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Another dramatic day on Wall Street. Stocks resumed their downward spiral Wednesday as even the Federal Reserve's $85 billion rescue of American International Group left investors unconvinced that the broader U.S. financial system is no longer in peril.The Dow Jones Industrial Average ended near...
09/17/2008
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We are pleased to announce the sale of Royal Mauian unit 115. This two bedroom, 806 square foot unit sold for $1.035 million. Yet another example of how well the Leading Edge Marketing System works in difficult markets. The Royal Mauian unit 115 offers direct ocean front living in the heart of So...
09/17/2008
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In two astonishing pieces of news, giant insurer AIG will receive an $85 billion loan from the fed in return for an 80% interest... The precise details of the government's plans were still being formulated late Tuesday. The primary option being hammered out involved the Fed providing AIG with a...
09/16/2008
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When the Dow Jones sat 300 points down early in the day, it seemed to us that was about the best possible indicator that the damage from the weekend had been contained. But the last 30 minutes in the market was a catastrophe. The Dow finished off over 4% as did the S&P 500. Here are some importan...
09/16/2008
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In a remarkable weekend on Wall Street, Lehman Brothers has declared bankruptcy and Marrill Lynch has been sold to Bank of America. In other stories, New York State will permit troubled insurer AIG to transfer funds from its operating subsidiaries to the holding company and ten firms have set up ...
09/15/2008
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- Tom & Sean
Real Estate's Leading Edge