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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.
The holiday season is officially here, and there are plenty of twinkling holiday lights to take in across the island. Whether you choose to stroll through your favorite decked-out neighborhood with friends or enjoy the lights from the comfort of your own car, you're sure to find some delightful scenes! So, fill your to-go mug with some hot cocoa and round up the keiki; below are our Locations Neighborhood Experts' picks for the best holiday light decorations across Oahu.
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.
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