Oahu single-family home inventory is at its lowest point in more than 40 years and condo inventory is dropping at an accelerating pace. Coupled with decades of pent-up demand, there’s no end in sight to current market conditions—making it an advantageous time for sellers and a critical time for homebuyers, especially first-time buyers.

The Oahu real estate market is more competitive than ever, evidence of Oahu’s strong demand for housing and the lack of supply for sale. February 2021 hit records again, in several market indicators, signs of strong demand and a continued competitive market. Home and condo prices are at record highs, days on market at record lows, and the percent of sales bid-up over asking price at all-time highs.

Most of us have spent a lot of time in our homes this past year. As our routines and needs have changed, many homeowners have found that their home is no longer working for them. If you've been in your home for at least a few years, you may be wondering if it’s time to move up to a newer or larger home.

Now is the time to refinance or or take out a new mortgage loan.