Market Updates

May 28, 2020

Mortgage rates hit record low

 

According to a market survey by Freddie Mac, mortgage rates dropped to an all-time low as of Thursday, May 28th.

 

The 30-year fixed-rate mortgage has again hit the lowest level in our survey’s nearly 50-year history, breaking the record for the third time in just the ...

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Posted in Market Updates
May 12, 2020

Oahu home sales price holding strong

 

According to the latest report released by the Honolulu Board of REALTORS ® on May 6, last month’s (April 2020) median sales price remained steady and even showed a slight uptick compared to last year.

 

The report showed single-home median sales price had risen 5.5 percent to ...

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Posted in Market Updates
April 14, 2020

Promising signs of recovery in real estate market

 

As coronavirus restrictions continue to lift in China, the country’s real estate sales

“reached 5,976 on March 31 – an enormous increase from a low of 22 on Feb. 8,

when the country was at the height of the pandemic”, reported an article from

Inman.

 

The article ...

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Posted in Market Updates
March 9, 2020

Take Advantage of Low Mortgage Rates

 

On Friday, March 6th, Honolulu Board of Realtors released the monthly housing market update, stating that single-family home sales increased 18.8% from February 2019.

 

“While COVID-19 presents new concerns and uncertainty in the general economy, the impact on our housing market remains to be seen,” ...

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Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

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Posted in Market Updates