Reflecting on the last year over a cup of coffee; our last monthly market update hits my inbox “Year over Year Single Family home sales plummeted 46.6% and condo sales were down 39.3%” – HBR December Monthly Update THE SKY IS FALLING, the sky is falling! That is according to the first line of Oahu …
We are all for the home workout, but group classes are SO fun! These are Hawaii Home Group’s top choices across the island to stay motivated and keep the rice weight off. #1 Orange Theory Locations: Kakaako & Kapiolani This is Kirsten’s favorite way to stay active. She always leaves class with a smile and …
If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in …
3 Ways You Can Use Your Home Equity If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home …
Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons why so many Americans continue to value homeownership. The Financial Benefits …
The Majority of Americans Still View Homeownership as the American Dream Read More »
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you …
3 Trends That Are Good News for Today’s Homebuyers Read More »
Closed sales in both single-family home and condominium markets declined by 22.8% year-over-year. Sales also slipped from a month ago, down 12.6% for single-family homes and 17.3% for condos. “Demand continued to cool in July, likely due in part to the rise in interest rates,” said Chad Takesue, president of the Honolulu Board of REALTORS®. …
If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% …
Homeownership Is a Great Hedge Against the Impact of Rising Inflation Read More »
