Most Homeowners Say No to Refinance Loans With Mortgage Rates Over 7%
Oʻahu's percentage drop in refi loans during the second quarter was the second largest in the country, according to a national report.
Real Estate
Older High-Rises on O‘ahu Pressured to Install Fire Sprinklers – But They Have 15 Years to Do It
After the deadly Marco Polo fire of 2017, older Honolulu high rises were required to install sprinkler systems or pass a safety evaluation, but compliance is slow going. Now state legislation asks them to add the costly systems to their reserve studies.
If You Had a Mortgaged Home Destroyed on Maui, Any Relief on Payments May Be Just Temporary
Here are the options for people who can’t live in their homes anymore, but still owe money on the mortgage.
Realtors Locally and Nationwide Step Up to Support Maui's Survivors
The president-elect of the Realtors Association of Maui estimates about 40 to 50 agents lost their homes and possessions, and one is reported missing.
Lost in the Lāhainā Fire: A New Affordable Housing Complex
The development company that used low-income housing tax credits to build the 89-unit apartment building hopes to rebuild.
Kaua‘i’s Housing Sales Have Slowed, But Median Price Fell Only a Little
“Our buyer pool is very low, but when I look at the sales, I’d say more than half are cash,” says the president of the Kauaʻi Board of Realtors.
Look South of Hilo for Affordable Homes in Hawai‘i
Hawai‘i Island’s overall median price has been relatively steady this year, but the lowest priced deals – including many inexpensive vacant lots – can often be found in Puna.
Sales of Hawai‘i Homes to California Buyers Drop by Half
That’s based on sales of condos and single-family homes during the first quarter of 2023.
Luxury Condos for Sale in Waikīkī Top Out at $16.8 Million
Japanese buyers have been mostly absent from the high-end market since the pandemic started, but many mainlanders, and some locals, are showing interest.
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