Despite multiple Federal Reserve’s rate hikes to ease inflation, Oahu’s housing market has remained resilient thanks to a limited inventory of available homes for sale and strong demand. While single-family
Even with mortgage interest rates being twice what they were a year ago, according to a CNN report this week, our local real estate market is off to a strong
Rising interest rates and hand-wringing challenges aside, Oahu’s housing market’s steadfast value is strong. “The economic obstacles affecting our market are certainly real, but overwhelmingly, our market — and specifically
Home sales volume on Oahu retreated for the 10th consecutive month in November, with rising interest rates likely to blame, according to the Honolulu Board of Realtors. According to Freddie
Normally, as the summer selling frenzy has calmed and we approach Thanksgiving, inventory goes up some, and sales slow. Closed sales ebb and flow with the market — peaking in
While rising mortgage rates are slowing down Oahu home sales volume, the good news is that prices are holding. Keep in mind, as rates increase, the supply of qualified buyers
The Honolulu Board of Realtors® reported that market conditions in August indicate the upward trend in prices is slowing, sales activity is declining, and active inventory is rising. Here is
Oahu’s finite amount of available island land on which to build, and historically limited inventory of homes for sale has long been the fundamentals for the island’s relentless housing demand,
When mortgage interest rates dropped below 5% in 2010 and then below 4% in 2012, buyers flocked to the lowest rates available since 1971. But, this year, in an attempt