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 April, 2023 « Next month - Nationally, have home prices bottomed out? (4/26/23) - From UHERO, an analysis of the possible effect on home prices and rents if the number of short-term rentals were reduced. (4/25/23/) - A calmer discussion of the recent changes to the formulas lenders use to adjust interest rate pricing depending on credit score. (4/22/23) - More on the subject of no bedroom windows, feedback from people who have lived in units without them. (4/19/23) - Some bedrooms may not have windows if commercial buildings in Honolulu are allowed to convert to residential buildings. (4/18/23) - Happy Easter! (4/9/23) - The March 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 a positive month. Month-over-month data may be more meaningful now than year-over-year data. Sales volume for both property types increased significantly from February. Median prices bounced back as well for both homes and condos. The median home price is back over $1M, and the condo median price was actually an increase year-over-year as well. Inventory went down a hair, and pending sales volume looks positive. (4/7/23) - After a three year hiatus, the Honolulu Festival - Nagaoka Fireworks returned in March. (4/6/23) - 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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