Aloha,
Mortgage interest rates seem to be on a slightly downward trend with the 30 year hovering at 7%.
Meanwhile, inventory is slightly up. Prices have generally found a level for the past several months and remained there.
As usual, the story is in the details neighborhood by neighborhood.
Here are the October 2023 Market Statistics from HBR.
As always, I love to hear from you!
Thank you, Judy
Aloha, According to the Honolulu Board of Realtors, in March, single-family home sales dipped by 2.5% year-over-year and condo sales
Aloha, Both the single-family and condo markets experienced year-over-year growth in median sales price. Single-family homes observed an 8.9% jump,
Aloha,November property sales declined slightly year-over-year, with total combined, single-family and condo sales dipping about 8% compared to November 2022.
Aloha,To say that higher interest rates are affecting sales is an understatement. The number of sales for both single-family and
