Oahu Demand and Sales Prices Remain Steady
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...
View ArticleOahu home prices remain resilient
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 and multiple mortgage rate hikes over...
View ArticleDiscover Oahu’s most affordable neighborhoods, and creative buying strategies
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...
View ArticleOahu’s housing market stays course while enduring challenges
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 national average of 4.16% in March...
View ArticleHome prices plateau after more than a decade of gains
With one month left to go in 2023, year-to-date median home prices have held — dipping only slightly compared to a year ago — a testament to the solidity of Oahu’s overall market. As of November 30,...
View ArticleOahu’s housing market: A year in review
The Honolulu Board of Realtors® reported the following summary of the 2023 Oahu housing market: Properties spent longer on the market compared to 2022 — from 12 days before a contract was signed to 22...
View ArticleOahu market rebounds: prices, sales volume, new listings up in January
There are some excellent reasons to be excited about the future of our local real estate market. Prices are up. The Honolulu Board of Realtors® released the stats from January that show the...
View ArticleHousing market on Oahu warms up in February
Since the New Year, the housing market on Oahu has taken what appears to be a decisive turn. For two months running, the statistics report that all three of the key market indicators — prices, sales...
View ArticleOahu home prices up 4.4%, up 3.5% nationwide
The cost of owning a home is on the rise, not only in Hawaii but across the nation as well. As the National Association of Realtors® reported (fourth quarter 2024), existing single-family home prices...
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