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December, 2020 « Next month - Merry Christmas! (12/25/20) - Mortgage rates drop to a new low on Christmas Eve (12/24/20) - Nationally, home sales drop a little in November compared to October, but the year-over-year volume is up over 25%. (12/24/20) - A tale of two cities, with different approaches to regulating growth, and two different outcomes. (12/18/20) - Long, interesting, article regarding oceanfront property owners vs beach erosion. (12/14/20) - The November sales numbers for the Oahu real estate market have been released by the Honolulu Board of Realtors®. Here is a single-page set of charts showing the last 12 months of data. It was another neutral-to-positive month. The median prices were mixed compared to last month, but still higher than a year ago. Sales volume was quite active considering the low inventory. Home inventory was still incredibly low, condo inventory may be starting to decrease, and the three-month combined moving average set a record for low inventory. Pending sales volume, once again, looks very high. (12/6/20) - It's a bit early, but in the spirit of the holidays, here is a pretty epic version of the Little Drummer Boy. (12/3/20) - To learn more about our 50% Hawaii Commission Buyer Rebate* and the savings it offers buyers on their real estate purchases, including Honolulu homes and Waikiki condos, properties from Honolulu to the North Shore, Kailua to Kapolei, and across all Oahu, please click here. |
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