On December 8, 2023, Locations Realtor-Associate® Cindy Fullmer was recognized by the Honolulu Board of REALTORS® with a prestigious Aloha ‘Āina REALTOR® Award for exceptional client service. Nominated by her client, Cindy is one of just ten award winners selected by a panel of judges from more than 1,500 nominations.

On December 8, 2023, Locations Associate Partner and Realtor® Cannie Chum was recognized by the Honolulu Board of REALTORS® with a prestigious Aloha ‘Āina REALTOR® Award for exceptional client service. Nominated by her client, Cannie is one of just ten award winners selected by a panel of judges from more than 1,500 nominations.

With some economists suggesting the U.S. economy may experience a mild recession in the next year, many homebuyers and sellers may be wondering what a possible slowdown in the economy could mean for Oahu home prices. Using historical market data dating back to 1980, Locations' research shows why a meaningful drop in Oahu home prices is unlikely—regardless of fluctuations in the economy.

Mortgage rates improved in November 2023. Locations expects to see rates drop below 7% in 2024, offering prospective buyers some much-needed relief. Looking ahead to 2024, stronger sales activity is anticipated as mortgage rates cool. A modest increase in inventory is possible if lower rates bring more sellers to the market. As rates come down, home prices are likely to rise.