Condo Sales Dip Only 3% on O‘ahu as Prices Keep Climbing
The median price for condos rose in 20 of 21 real estate regions on the island during the first three quarters of 2022.
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The median price for condos rose in 20 of 21 real estate regions on the island during the first three quarters of 2022.
All 21 regions have higher median prices this year for single-family homes, with the two priciest markets seeing the smallest percentage increases, and two rural regions the largest.
Sharilyn Tanaka of Atlas Insurance Agency says tens of billions of dollars in payouts by global reinsurance companies will likely ripple into premium increases here down the road.
After a flurry of ultra-high-end sales over the past few years, just seven homes in that rarified price range are up for sale now.
Young people used to be able to buy a small single-family home or townhome as the first step on their homeownership ladder, but today they are priced out of that market.
5 women developers share advice about making it in a male-dominated field.
Christine Camp, Laura Kodama, Cayenne Pe‘a, Karen Seddon and Michelle Swartman are proving that it’s not a man’s world anymore.
Lenders have been stricter on loans since the Great Recession, which would likely limit the number of delinquencies in any new recession, one local expert says.
The report from Ricky Cassiday covers rents for condominiums, townhouses and apartments.