With more homes and condos currently for sale than we’ve seen in years, and interest rates that are returning to last year’s levels, now is an opportune time for first-time homebuyers, current homeowners who are looking to trade up or real estate investors looking to diversify their portfolios.
At the neighborhood level, Kaimuki and Waialae-Kahala are standouts on the single-family side, while Makakilo performed exceptionally well on the condo side. While there is increased inventory in many pockets of the island, there are still many neighborhoods where inventory is scare. That’s why it’s critical for home sellers to seek expert pricing and marketing advice.
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