If there is one thing you have likely heard throughout 2020 and into 2021 it’s that interest rates on mortgages are historically low. But what does that mean exactly? If you have been thinking about purchasing a home, or refinancing your current home then your buying power is strengthened the lower the interest rate is on new mortgages.
Over the last 10 years, the workforce in the US has become increasingly more remote. With technology improvements as well as employers acknowledging their employees are more productive in their own environment the corporate landscape has started to shift dramatically. What was a gradual shift, however, became a drastic one in March and April of 2020, as many companies were forced to either close their doors completely or quickly adapt and figure out how to keep their teams working in a virtual format.
The stage has been set for the amount of affordable housing available for Maui residents to increase dramatically over the next few years. The two workforce housing projects we will be highlighting in this post are the Hoku’ula single-family housing development in Haliimaile and the Kilohana Makai housing development in Kihei.
Na Hale O Maui has been working since 2012 to realize their dream of creating a permanently affordable workforce housing project in West Maui. The project is called Kahoma, and as of this month it is officially complete after years of challenges and obstacles to overcome.
Due to the conditions the COVID-19 pandemic has created, you may find yourself spending much more time at home than you normally would. This could present a challenge or an opportunity depending on your mindset to organize your home, downsize clutter and take care of some of the projects you have been meaning to get to.
Virtually every holiday and event on Maui has been affected in some way by the COVID-19 pandemic. In years past, Halloween was full of family friendly events as well as a huge party on Lahaina’s Front Street. Sadly, this year all of the events that typically draw huge crowds like the annual Front Street Halloween Party will be cancelled to align with social distancing protocols.