Housing market stats steady through August while inventory climbs
Sales volume and sales prices in August are holding steady as compared with data from the same period last year. But, what has increased dramatically since 2018, is inventory. The
Median prices climb to new record highs in July
After a relatively sluggish start, Oahu summer sales surged in July to reach new record high median prices — $835,000 for single-family homes and $461,500 for condos. Though prices rebounded,
Oahu’s real estate market gets a summertime boost
Despite Oahu inventory levels reaching two-year highs in June, the market remains steadfast, though not as feverishly pitched as previous months. “The summer months have given a boost of adrenaline
30-Year Fixed-Rate Mortgage Rate Nears Two-Year Low
Freddie Mac reported the 30-year fixed-rate mortgage rate during the first week in June fell to 3.82 percent, the sixth consecutive weekly decline and its lowest level since September 2017.
Market shift presents opportunities for both buyers and sellers
Oahu housing inventory continued to rise in April, while prices and sales volume remain stable. As the market recaptures equilibrium, both buyers and sellers are reaping the advantages. “As the
Inventory rises as sales pace eases on Oahu in March — good news for buyers
The Honolulu Board of Realtors® this week reports fewer homes sold in March than in the same month last year, as inventory levels continue to rise. The number of new
Oahu real estate prices continue to climb in May
Single-family homes are going into escrow after a median of 14 days on the market, according to the latest stats compiled by the Honolulu Board of Realtors in May. Demand
April marks another record high for Oahu single-family home prices
Despite a rise in mortgage interest rates and an uptick in new listings, the median sales price of a single-family home was up 10.9% last month, compared to April 2017.
Home sales pace eases, buyers find some relief and opportunity
Low inventory and rising prices continued into March, as reflected by the latest figures released by the Honolulu Board of Realtors this week. But the pace of sales has slowed