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
Oahu’s single-family home market showed signs of cooling in May, according to the Honolulu Board of Realtors®, with closed sales volume dropping 15.1%, while active inventory jumped significantly. “As interest
Single-family homes and condos recorded double-digit increases in the median sales price on Oahu in April as compared to April 2021, even as the cost of financing goes up. According
The luxury home market shot the single-family home median sales price to a new record high last month — to $1,150,000 — up 21.1% from last year and 2.2% higher
Post-pandemic demand driving inventory levels to all-time lows. Prices rocketing to all-time highs. Asking prices left in the dust while sellers field multiple offers. And this isn’t just happening here
Oahu’s real estate inventory isn’t just low — it’s virtually nonexistent. While limited supply stimulates the seller’s market, the severe inventory depletion of the past two years is unprecedented. Inventory
While the December 2021 sales tempo dropped slightly due to a combination of mortgage interest rates increases and fallout from the omicron variant, the month was comparable to past years