Since March 17, 2022, the Federal Reserve has raised interest rates 11 times in 20 months — the most recent in July 2023— bumping up mortgage interest rates from a

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

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

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

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

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

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

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