One in Seven Hawai‘i Homes Is Vacant, Report Says
The analysis of 2020 census data determined that 76,622 homes were vacant in the Islands.
Real Estate
Rising Interest Rates Affect Which Homes Local Buyers Bid On
Though mortgage rates remain low by historical standards, every tiny increase means that families qualify for smaller and smaller loans.
Here's Where You Can Often Buy Single-Family Homes on O‘ahu for Under $1 Million
These homes priced under $1 million are getting harder to find: Only six of the island's 21 regions have a median price below that threshold. And prices are soaring even in those "bargain" neighborhoods.
A Hawai‘i Quirk: You Own the Home But Not the Land
About 1 in 8 condos for sale on O‘ahu are leasehold. Many, including some prestigious properties, are declining in value as the end of their land leases near.
Hawai‘i’s Ultra High-End Homes: $1.1 Billion in 2021 Sales
A national report says Hawai‘i is the ninth-largest market for $10 million-and-plus homes. LA, Manhattan and Palm Beach are 1, 2 and 3.
O‘ahu’s Priciest Homes Sell Fast – Often Above Asking Price
The demand is strong, Realtors say, but there are few homes for sale at the highest end of the local market. Demand will likely increase when international buyers return.
Affordable Walk-up Apartments Are Coming Back, Thanks to Honolulu’s Bill 7
Small landowners and developers can use exemptions and waivers to build new multistory rentals on small residential lots – and help ease the housing squeeze.
Hawai‘i Realtors Say “Yes in My Back Yard” to Affordable Housing
The statewide association is backing a series of bills that seek to reduce impediments to affordable housing projects.
Already High Home Prices May Go Even Higher When Foreign Buyers Return
Purchases by mainland buyers were strong during the pandemic, and sales to Japanese and Canadians are slowly rebounding after a dramatic fall.
