Experience Urban Living at Kapiolani Residence
They finally did it. After months of speculation by every financial publication across the U.S., the Federal Reserve has raised its key short term interest rate a quarter of a percentage point. What exactly does that mean? Borrowing money just got more expensive.
When median prices are $742,000 for Single Family Homes (SFHs) and $385,000 for condos, you start to wonder how Honolulu Real Estate got so expensive. At Locations, we provide comprehensive monthly market reports on real estate trends which show that median prices are high. What you may not know is we also analyze the reasons why it has changed so dramatically over time.
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