Today, the developer of the new Ililani condominium tower in Kaka’ako released an additional 32 new affordable units to be offered for sale to the public. Located at 615 Keawe Street, Ililani is the newest addition to the Kaka’ako neighborhood! The lililani condominium project will feature a mix of market and affordable housing units, right in the heart of Honolulu!

Fears surrounding the coronavirus and its potential long-term effects on the stock market have pushed interest rates to their lowest point since 2012. At the same time, Oahu’s housing inventory—which had been rising in 2018 and 2019—has been falling since the summer and is now well below last year’s levels. Homebuyer activity is likely to continue to increase over the next several months.

There’s no better time to invest in your own home than as soon as you’re able.

Locations selected its top five entry-level single-family home neighborhoods for 2020 based on: median price (between $560,000 and $675,000 or 70 to 85 percent of the median), low competition from other buyers (20 percent or less bid ups), year built (1985 or newer) and home size (three bedrooms). Based on these factors, which are often of high importance to entry-level homebuyers, this list of top entry-level neighborhoods for 2020 should be considered a jumping-off point for prospective homebuyers.