In China, Everyone Who Has Purchased Since 2006 Now Has to Sell at a Loss.

The numbers don’t lie — and they paint a sobering picture for anyone who invested in Chinese real estate over the past two decades. According to the Bank for International Settlements data tracked by FRED (Federal Reserve Economic Data), China’s real residential property prices (inflation-adjusted, indexed to 2010=100) have collapsed back below their mid-2000s levels. … Read more

The Double Whammy: How Surging Rates and Exploding Prices Priced Out a Generation

For decades, the standard path to building generational wealth in America was straightforward: save up a nest egg, secure a fixed-rate mortgage, and buy a home. It required discipline, but the math worked for most middle-class households. Today, that mathematical equation has completely broken down. A perfect storm of exploding asset prices and aggressive monetary … Read more

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