Oahu’s housing market on solid ground despite rising rates
While the effects of rising interest rates on home prices is ongoing, the market, in general, appears to have stabilized, as the summertime cycle kicks off. The median sales price
Oahu home prices vibrant, despite rising interest rates
In January, the median sales price of a single-family home dipped below $1 million for the first time in 17 months, landing the month at $970,000, according to the Honolulu
Rates to stabilize, prices show promise for buyer and sellers
Last week, Freddie Mac released the Primary Mortgage Market Survey showing the 30-year fixed-rate mortgage at 6.43 percent, along with a glimmer of optimism. “The 30-year fixed-rate mortgage increased modestly
Prices hold steady despite declining activity and the rising cost of borrowing
In March, 58.5% of single-family home sales closed for $1 million or more, pushing the median sales price above $1 million once again to $1,083,750. The median sale price is
Today’s sluggish market inspires creative strategies for sellers and buyers
When island properties were attracting dozens of prospective buyers, spawning bidding wars and contracts above the asking price at (or before) the first open house, there was little need to
Prices drop, interest rates dip, giving rise to buying opportunities
After 17 consecutive months of Oahu’s home prices exceeding $1 million or more, the Honolulu Board of Realtors® reports the median price of a single-family home fell short of the
Oahu home prices remain resilient
It was only two years ago — August 2021 — when the median sales price of an Oahu home topped $1 million for the first time. Despite an economy-crippling pandemic
Oahu home prices vibrant, despite rising interest rates
In January, the median sales price of a single-family home dipped below $1 million for the first time in 17 months, landing the month at $970,000, according to the Honolulu
Oahu’s housing market on solid ground despite rising rates
While the effects of rising interest rates on home prices is ongoing, the market, in general, appears to have stabilized, as the summertime cycle kicks off. The median sales price