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September 2020 Oahu Real Estate Report: Oahu Single-Family Home Median Price Reaches All-Time High of $880,000

The initial effects of the coronavirus pandemic have passed, and Oahu market activity has returned to last year’s levels or better, as strong demand for housing and lack of supply for sale continues. With just 590 single-family homes for sale, inventory is at the lowest point in the 40 years that Locations has been tracking the Oahu real estate market. Record-low single-family home inventory, coupled with near historically low interest rates, pushed median home prices and competition to new highs in September, with four in 10 homes selling for above the asking price.


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Senior Resources

Do I Need a Power of Attorney for my Hawaii Home?

Not having a power of attorney in place may cause major headaches for property owners and their beneficiaries. Whether you are elderly, have a debilitating accident in the future, or just travel extensively, you’ll want to be sure that if you are unable to make important financial decisions about your home, that you’ll have a trusted family member or friend who can act on your behalf and in your best interests.

Investing in Real Estate

Chinese Investment in Residential Properties on Oahu

Passion among Chinese investors for acquiring foreign properties has been on the upswing in recent years. Currently, Chinese investors represent a small segment of the O‘ahu real estate market. However, increasing transactions involving Chinese investors, as well as their penchant for purchasing luxury properties, are receiving more and more attention.