Six exciting condominium projects are slated to open in 2025 and 2026, and it's not too late to secure a unit in one of these in-demand buildings. But don't wait too long—only a handful of available residences remain. Read on to discover what makes these new Honolulu condo projects unique and learn about available homeownership opportunities in Oahu's hottest ZIP codes.

Think you can't find a single-family home on Oahu for less than $600,000? Think again! While the island-wide single-family home median price was more than $1million in December 2024, it's still possible to find a home for less than $600,000—if buyers are willing to be flexible when it comes to location and condition of the home.

As mortgage rates edge lower, the Oahu real estate market is expected to become even more competitive for buyers. As lower rates attract greater buyer interest, demand for homes and condos increases across the island. In this fast-moving environment, homebuyers need to be prepared and informed to gain a competitive advantage. One of the best ways to strengthen your position as a buyer is to understand the difference between getting prequalified and being preapproved for a mortgage.

The interest rate on a 30-year fixed-rate mortgage fell 6 basis points to 6.44% last week, according to the Mortgage Bankers Association. That's the lowest rate since April 2023! Mortgage rates have been trending down since the Federal Reserve's recent indication that they are set to cut interest rates in September 2024. Falling rates are welcome news for both buyers and sellers, and create a unique window of opportunity in Hawaii's highly competitive real estate market.