As Lending Guidelines Ease, More Buyers Encouraged to Start Shopping
A drop in new listings for September along with a five-percent decrease in days on the market before a seller opens escrow have compounded the short supply of inventory on
Buyer Optimism Up, Despite Rising Prices
Condo sales are up 19.5% in August — an indicator that condos and townhouses remain an attractive alternative to single-family homes for homebuyers desiring a more affordable price point. While
No End In Sight for Oahu’s Seller’s Market
According to July stats gathered by the Honolulu Board of REALTORS®, Oahu prices and sales activity continue on a soaring trajectory, while inventory remains low. However, it is possible that
All-Time Record Reported for Home Prices and Days on the Market
Supersonic days-on-the-market stats set a new record in June. The number of days between the list date and when a home has an accepted sales contract dropped to a record
May Sales Volume Highest in Four Years
Summer is here. Indicators point to it being a scorcher. Sales volume for May was the highest in four years. Prices are up. Days on the market are down. And
Are We Poised for Another Bubble of Summer Sales?
April prices for single-family homes on Oahu dropped slightly from a year ago, according to the Honolulu Board of Realtors. And the number of sales slowed a bit too. But
Median Sales Price Continues a Steady Climb
With the busy summer selling season for residential real estate on Oahu almost upon us, recent sales prices and volume are up, according to statistics release by the Honolulu Board
Multiple Offers, Especially in the Mid-Price Ranges, Nets Sellers More Money
The number of single-family homes coming onto the market (supply), is not keeping pace with demand. In February, months of inventory remaining dropped to near two-year lows. The MRI for
Prices Dip Slightly Yet Demand Remains Robust in January
After more than 12 months of consecutive price gains, the median price of a single-family home on Oahu dipped in January — down a slight one-half percent, compared to this