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 February, 2025 « Next month - Might cutting U.S. government spending result in lower interest rates? (2/28/25) - Mortgage rates end the month closing in on a four-month low. (2/28/25) - Nationally, the median existing-home sales price increased again in January, the 19th consecutive month of year-over-year increases. Sales volume also increased from one year ago, the fourth straight monthly year-over-year increase. (2/25/25) - The saga regarding building permits and the "Renovation Aloha" TV show continues. (2/21/25) - Happy Valentine's Day! Here's something to fit the holiday - another epic orchestral production for a pop singer set at Royal Albert Hall. This time it's Dua Lipa, last March it was Raye. (2/14/25) - The January 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 positive month. Sales volume increase for both property types from twelve months ago, and dipped a little from the previous month, but inline with the usual winter pattern. Median prices also increased compared to a year ago for both homes and condos. In addition, the median home price increased from last month, and condos were basically even. Inventory crept up a little, and pending sales volume looks solid. (2/7/25) - 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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