Is Stagflation Coming?

These two charts really point to stagflation, where inflation goes up while the GDP declines. The Atlanta Fed slashed GDP growth to just .2% down from 14% back in May. So as the expected GDP drops, the Citi Inflation Surprise Index is going up. This points to stagflation in my opinion.

Why Realtors Want To Keep The Buyer’s Agent Commission Higher

I read an article in a Real Estate publication that was titled “6 reasons NAR’s commission rules work”. It was an article that backs up why commissions should stay the same. There is a lawsuit that contends that buyers should pay their own agent commission. Currently, buyer’s agents are paid a fixed commission from the …

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September 2021 Oahu Real Estate Stats

2 Out of Every 3 Single-Family Homes Sell for Over the Asking Price in SeptemberYear-over-year market activity continues to mark gains, but month-to-month closed sales dip Closed sales of single-family homes and condos in September continued to outpace sales activity from the same time last year, recording 8.4% and 34.9% increases, respectively. However, sales dropped …

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Sold For $295,000 Over Asking

Asking $885,000 in Pearl City. Sold for $295,000 over asking. Realtor comments say there may be settlement issues. The value is in the land because the lot is 11,250 square feet with R-5 zoning so it could be subdivided and two new homes built. See this link for all the photos and details.