O‘ahu home sales were down in May compared with a year ago, but some areas, like Hawai‘i Kai and Kailua, are starting to see an increase in prices.
The head of the Honolulu rail project says the bird’s-eye view from the first 10.75 miles is like a “Disneyland ride.” Try it yourself starting June 30.
Nationwide, homeowners lost equity on average during the first quarter of this year. But in the Islands, homeowners with mortgages gained on average $24,900 in the value of their homes.
Both O‘ahu and national numbers show 56% declines in new residential home mortgages during the first quarter of 2023 compared to the same period last year.
The transformation of the Davies Pacific Center will create mostly one-bed apartments, while leaving a few floors of offices.
The number of homes for-sale-by-owner was up nationwide in 2022. Several local companies offer to list the homes on MLS and handle the closing for a flat fee, but you do most everything else.
But a local expert expects Japanese investors – and tourists – will eventually return because their passion for the Islands remains strong.
The actions test the assumption that sellers must pay the commission for a buyer’s agent.
The reasons are numerous, including rising construction costs, leaking pipes and Florida’s Hurricane Ian. But there are ways to reduce your premiums.
