Mortgage interest rates dip to lower levels in nearly 15 months
The welcomed news of lower mortgage interest rates — the lowest in nearly 15 months — will provide qualified buyers lower, predictable monthly payments and more buying power in a
Housing market heats up, despite dip in condo sales
Typically, as the summer temperatures get hotter, so does Oahu’s real estate market. June median sales prices for single-family homes and condos saw a modest, year-over-year increase. There was also
Summer sales data show strong activity in more affordable price ranges
As the real estate market kicks into summertime high gear, affordability is at the forefront of buyer’s minds. And with mortgage rates hovering near 7%, and affordability low, buyers —
HBR reports positive recovery signs for Oahu’s housing market
Despite higher mortgage rates, and recent increases in homeowner’s insurance rates due to fire and weather events around the country, including the Lahaina tragedy, island home values remain strong. Yet,
Oahu home prices up 4.4%, up 3.5% nationwide
The cost of owning a home is on the rise, not only in Hawaii but across the nation as well. As the National Association of Realtors® reported (fourth quarter 2024),
Housing market on Oahu warms up in February
Since the New Year, the housing market on Oahu has taken what appears to be a decisive turn. For two months running, the statistics report that all three of the
Oahu market rebounds: prices, sales volume, new listings up in January
There are some excellent reasons to be excited about the future of our local real estate market. Prices are up. The Honolulu Board of Realtors® released the stats from
Oahu’s housing market: A year in review
The Honolulu Board of Realtors® reported the following summary of the 2023 Oahu housing market: Properties spent longer on the market compared to 2022 — from 12 days before a
Home prices plateau after more than a decade of gains
With one month left to go in 2023, year-to-date median home prices have held — dipping only slightly compared to a year ago — a testament to the solidity of