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Research

More Inventory, Less Competition Offers Opportunities

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.

Announcements

Locations #1 in Hawaii

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.

Buying

Mortgage Rates Have Largest One-Week Drop in a Decade in March 2019

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.

Selling

Prepping Your Home for Sale the KonMari Way

For many homeowners, clearing out excess clutter can be a challenge, especially if they have been in the home for a long time. Thankfully, the KonMari Method, created by organizational expert and best-selling author of “The Life-Changing Magic of Tidying Up,” Marie Kondo, can help home sellers to let go of the clutter that could be standing in the way of the sale of their home.

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