Last week, Freddie Mac released the Primary Mortgage Market Survey showing the 30-year fixed-rate mortgage at 6.43 percent, along with a glimmer of optimism. “The 30-year fixed-rate mortgage increased modestly
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
After 17 consecutive months of Oahu’s home prices exceeding $1 million or more, the Honolulu Board of Realtors® reports the median price of a single-family home fell short of the
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
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