A Ghost of 2009: Why Sales Have hit a 17-Year Low

The latest data shows that existing home sales have plunged to an annualized rate of 4.09 million, nearly matching the lows of February 2009. For those who remember the Great Financial Crisis, that year represents the “bottom” of the most significant housing crash in modern history. Back then, the market was flooded with foreclosures and … Read more

America’s Hardest Market for Home Sellers — $700 Billion in Listings Stuck on the Market as Inventory Hits All-Time High

If you’re trying to sell your home right now, brace yourself: this is shaping up to be one of the most difficult markets for sellers in U.S. history. A staggering $698 billion worth of home listings are now sitting on the market nationwide — the highest total ever recorded since Redfin began tracking the data … Read more

Commission Removed from MLS

Aloha OahuRE.com Client, As you probably know through the news, the National Association of Realtors has reached a settlement where buyer’s agent commissions will now be negotiated for all offers. As of August 12, 2024, our MLS will remove any offer to the buyer’s agents to pay a commission, and going forward, there will be no … Read more

Advantages of Living in Kawela Bay

Nestled along the North Shore of Oahu, Kawela Bay beckons with its pristine beauty and laid-back charm. While it may not have the bustling energy of Waikiki or the vibrant nightlife of Honolulu, Kawela Bay offers a unique and idyllic escape for those seeking tranquility, stunning natural scenery, and a strong sense of community. Here’s … Read more