Market favors buyers as inventory increases
With the price of Oahu real estate somewhat flat over the past three years, market inventory is trending in favor of buyers. The National Association of Realtors recent housing stats
With the price of Oahu real estate somewhat flat over the past three years, market inventory is trending in favor of buyers. The National Association of Realtors recent housing stats
Properties on Oahu spent more time on the market in April, according to the Honolulu Board of Realtors report this week. In April, single-family homes were listed for 29 days
Nationwide, news sources report that buyer concerns are elevated, with homebuyers worried about economic uncertainty, high interest rates and rising prices. However, to help ease those concerns, inventory is up,
The median price of a single-family home on Oahu reached a record high of $1,185,000 in February, increasing more than 10% from February 2024, while sales volume dropped 6.7%. Unlike
Honolulu Board of Realtors® statistics released this week for January report more homes and condos sold last month, and at higher prices, than a year ago, bucking the usual winter
O‘ahu’s housing market wrapped up 2024 with positive gains, as both single-family home and condo sales saw year-over-year increases. While affordability is a key consideration in home buying, year-end housing
Despite seasonal fluctuations in the market, trends that typically lean toward a slowdown in home sales in November/December, the Honolulu Board of Realtors® reports atypical double-digit increases in condo and
The Federal Reserve again cut its benchmark interest rate this week by a quarter percentage point, bringing 30-year, fixed-rate mortgages at First Hawaiian Bank to 6.5%, and a 15-year fixed
In September, the Federal Reserve cut its benchmark interest rate by half a percentage point — the first such cut since 2020 — and may precede another rate cut later