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Announcements

Mahalo for Voting us Hawaii’s Best, First Place, 11 Years in a Row

It’s an honor to have been voted “Hawaii’s Best” by our happy clients and the readers of the Honolulu Star-Advertiser in the categories of Best Real Estate Firm, Best Property Management Company and Best Local Non-Profit. Additionally, Locations Realtor® Cari Tanabe and Compass Home Loans, a subsidiary of Locations’ parent company, were named finalists in the categories of Best Realtor® and Best Mortgage Company.

Research

Oahu Single-Family Home Median Prices Hit $1M in July

The Oahu single-family home median price reached a record-high $1M in July 2021, surpassing previous record-high medians set in May and June of this year. Market conditions have been leading up to a $1M median single-family home price for some time, as lack of available inventory continues to drive up prices and fuel buyer competition.

Research

Mortgage Rates Drop Again

Mortgage interest rates, which hit record lows in December 2020 before ticking up again this year, have been trending back down over the past several weeks. This week, mortgage interest rates fell to a low not seen since mid-February 2021, giving prospective homebuyers some additional buying power.

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