by Michael Shower (RA) | Jun 15, 2017
May Sales Volume Highest in Four Years Summer is here. Indicators point to it being a scorcher. Sales volume for May was the highest in four years. Prices are up. Days on the market are down. And pending sales are up — way up. “I would characterize the current market...
by Michael Shower (RA) | May 16, 2017
Are We Poised for Another Bubble of Summer Sales? April prices for single-family homes on Oahu dropped slightly from a year ago, according to the Honolulu Board of Realtors. And the number of sales slowed a bit too. But these slights declines should not be interpreted...
by Michael Shower (RA) | Apr 17, 2017
Median Sales Price Continues a Steady Climb With the busy summer selling season for residential real estate on Oahu almost upon us, recent sales prices and volume are up, according to statistics release by the Honolulu Board of Realtors. The first quarter statistics...
by Michael Shower (RA) | Mar 22, 2017
Multiple Offers, Especially in the Mid-Price Ranges, Net Sellers More Money The number of single-family homes coming onto the market (supply), is not keeping pace with demand. In February, months of inventory remaining dropped to near two-year lows. The MRI for...
by Michael Shower (RA) | Feb 18, 2017
Prices Dip Slightly Yet Demand Remains Robust in January After more than 12 months of consecutive price gains, the median price of a single-family home on Oahu dipped in January — down a slight one-half percent, compared to this month a year ago. While sales price...
by Michael Shower (RA) | Jan 19, 2017
Median Prices Up Again Setting Year-End Sales Record While home sales typically ebb in December as buyers and sellers opt to take a break from open houses to celebrate the holidays, Oahu housing market stats from the last month of 2016 reflected an uncharacteristic...