The Honolulu Board of Realtors August home sales report came out today. Overall Oahu home sales for August were up from July, but prices remained lower than usual. Purchases of previously owned single-family homes on Oahu jumped 21 percent last month to 279 from 231 a year earlier. Condominium sales also rose, jumping 15 percent […]
Real Estate News
The Allure in Waikiki Receives Enhancements and Reduces Unit Prices
The one-year old Allure condo building in Waikiki has gone through some recent enhancements, while at the same time dropping the prices on its units in an effort to sell out the struggling building. The Allure Waikiki is an upscale residential tower in Waikiki that hasn’t exactly sold how the owners thought it would. Allure […]
30-Year Mortgage Rate is Now Lowest On Record
The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971. The rates on the country’s most popular mortgage, the 30-year mortgage, dipped to 4.15 percent from 4.32 percent a week ago, Freddie Mac said today. Its previous low of 4.17 percent was reached last November. The […]
Dispute Over Hawaii Vacation Rentals Continues
More than 300 people attended the public meeting regarding a proposal to tighten the enforcement of laws in regards to Hawaii Vacation Rentals. The controversy has to do with unpermitted vacation rentals. Many are divided on the new proposed laws, as they say this will hurt their business. A new city bill that is supported […]
Home Sales on Oahu Slip in July
Both purchase prices and overall home sales of previously owned homes on Oahu slid some in July. This according to a report that was released today by the Honolulu Board of Realtors. The decline for single-family home sales was 7 percent to 251 transactions last month, down from 270 a year earlier. The median price […]
Hoakalei Country Club: Ewa Beach Coast’s Newest GEM
If you don’t normally frequent the Ewa Beach side of the island, and you are not an absolute golf nut, you probably have not heard about Oahu’s newest exclusive member-only Hoakalei Country Club. It is tucked away off of Keoneula Blvd and next to the Ocean Pointe community. The Hoakalei Country Club boasts an upscale […]