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The Oahu real estate market continues to improve, ending January 2024 with increases in both sales and prices for homes and condos. As mortgage rates ease, many buyers and sellers who pulled out of the market last year may test the waters again. Buyers will also have more listings to choose from, compared to a year ago.
On a warm Saturday morning in November, Locations Foundation volunteers partnered with the Hawaii Nature Center to provide children from Kids Hurt Too Hawaii with an opportunity to experience the joy of nature in a beautiful, peaceful setting.
The beginning of a new year is a good time to take stock of the past year and reflect on your goals for 2024. While many of us will set goals for our health, career or personal lives, don’t neglect to set your real estate goals for the coming year, too.
Mortgage rates continue to fall from their peak last October. As rates head lower and affordability improves for buyers, more home sales are expected in 2024. Low inventory remains a limiting factor, however. With about three months of inventory currently available, Oahu is still a sellers’ market. Low housing supply, combined with strong demand from local and offshore buyers, continues to fuel competitive market conditions.
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