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 October, 2024 « Next month - U.S. pending home sales in September rose to the highest level since March. (10/31/24) - Happy Halloween! (10/31/24) - Nationally, existing-home sales slid a little in September, but the median price increased again for the 15th month in a row. (10/30/24) - FEMA is updating the flood maps for Oahu. To view the preliminary maps click here. (10/24/24) - Comparing Vancouver's empty home tax to the proposed Honolulu tax. (10/18/24) - New home builders are feeling more confident about the market, and optimistic about 2025. (10/17/24) - The September 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 mixed-to-negative month. For every data point that was positive, there was also a negative one depending on which property type one is looking at, or whether you are comparing it to the previous month, or twelve months ago, and a few more negatives than positives. Inventory for both homes and condos may be leveling out, which would be positive for the market. Pending sales volume looks solid. (10/6/24) - To learn more about our 1% Hawaii Buyer Representation Fee* 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. - For new construction buyers, it may be better to use a classic 50% buyer rebate approach since developers use their own proprietary purchase contracts. If you are considering a new construction purchase, please see our page regarding our 50% New Construction Buyer Rebate*, which offers new construction buyers similar savings. |
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