Our Neighborhood Experts rounded up the best family-friendly events happening in Mililani in May 2019.

More than half of Oahu's single-family home neighborhoods and condominium buildings have more available inventory than last year and a decrease in bid-ups. For home sellers, who may have faced a smaller buyer pool and longer days on market over the past several months, lower interest rates are welcome news, as more buyers may come back to the market. Median prices also rose in 66 percent of single-family neighborhoods and 60 percent of condo buildings, indicating demand is still strong.

The REAL Trends 500, which ranks the nation’s top 500 residential real estate brokerages, also ranked Locations No. 130 in the nation. With more than 300 agents and seven offices across three Hawaiian Islands, Locations was also ranked as the 84th largest independent firm in the nation with 2,988 sales last year.

If you've been on the fence about becoming a homeowner - or trading up to a new home - now is the time to act. Mortgage interest rates, which had been ticking up throughout last year, just saw the biggest drop in a single week in a decade. Today's mortgage interest rate is now lower than it's been in more than a year - giving prospective homebuyers a welcome shot of buying power.