New year kicks off on a high note
Honolulu Board of Realtors® statistics released this week for January report more homes and condos sold last month, and at higher prices, than a year ago, bucking the usual winter
Honolulu Board of Realtors® statistics released this week for January report more homes and condos sold last month, and at higher prices, than a year ago, bucking the usual winter
O‘ahu’s housing market wrapped up 2024 with positive gains, as both single-family home and condo sales saw year-over-year increases. While affordability is a key consideration in home buying, year-end housing
Despite seasonal fluctuations in the market, trends that typically lean toward a slowdown in home sales in November/December, the Honolulu Board of Realtors® reports atypical double-digit increases in condo and
The Federal Reserve again cut its benchmark interest rate this week by a quarter percentage point, bringing 30-year, fixed-rate mortgages at First Hawaiian Bank to 6.5%, and a 15-year fixed
In September, the Federal Reserve cut its benchmark interest rate by half a percentage point — the first such cut since 2020 — and may precede another rate cut later
Inventory is up, offering more choices for buyers across the island. And on top of more active inventory, comes more new listings, along with steady prices, and is breathing renewed
The welcomed news of lower mortgage interest rates — the lowest in nearly 15 months — will provide qualified buyers lower, predictable monthly payments and more buying power in a
Typically, as the summer temperatures get hotter, so does Oahu’s real estate market. June median sales prices for single-family homes and condos saw a modest, year-over-year increase. There was also
As the real estate market kicks into summertime high gear, affordability is at the forefront of buyer’s minds. And with mortgage rates hovering near 7%, and affordability low, buyers —