The monthly mortgage payment for the median-priced home on Oahu rose 68.6% since January 2021. This is due to the price of homes increasing significantly along with a higher interest rate on loans. The Fed says inflation is up 4.7% in 2021. I guess the cost of a mortgage payment is not included in their … Read more
Our buyer was one of 38 offers this property received.It seems the market is still hot for homes priced right.Here is the home. https://www.oahure.com/SearchMLS_Details.php?MLSNumber=202209485&PropertyType=RES&Screen=Spreadsheet2
For the first time ever we closed today on a $2,400,000 Kailua home that was offering only $1, yes ONE DOLLAR commission. The MLS does not allow a seller to negotiate the commission down, but they do allow the seller to pay Realtors more commission (isn’t that nice of them LOL), so putting in $1 … Read more
This market has to slow down. It can’t sustain a 19.1% increase every year like it had this year for April.