Rising Interest Rates Sideline First-Time Homebuyers
Bidding wars are now rare, but the highest mortgage rates since 2008 put homeownership out of reach for many who thought it was possible at the start of the year.
Real Estate
A Variety of Alternative Fuel Cars Drive Hawai‘i’s Clean Energy Future
To transition away from internal combustion engine (ICE) vehicles to reach the state's goal of carbon neutrality by 2045, we’ll need to adopt different strategies.
Construction Industry Outlook 2022
Amidst a building boom, the construction industry has used innovation and creativity to successfully navigate material and labor issues.
Could a Local Building Collapse Like the One in Florida?
Experts say what happened at the Surfside condo is unlikely to happen here. But they warn condo boards: put off maintenance projects and you’ll end up paying far more.
Homeowners’ Omissions Provide More than $30 Million to Honolulu Treasury
More than a third of all owner-occupied homes on O‘ahu are not covered by property tax exemptions because owners did not submit the paperwork. You have until Sept. 30, 2022 to fix that oversight.
AIA Design Awards 2022
Shaping communities through design excellence — All of the awardees exemplified a vision to meet or exceed safety requirements, utilize sustainable and efficient methods, and fulfill our cultural and emotional needs.
Inspections Save Homebuyers from After-Closing Nightmares
A national survey found that 94% of home sellers admitted they didn’t disclose problems such as unpermitted repairs before they sold.
Fractional Ownership Puts You on the Deed for a Quarter of the Price
In Hawai‘i, it’s a way for the rich to buy luxury properties that they only want to use a few months of the year.
Higher Mortgage Rates and Fewer Sales May Finally Be Affecting Prices
In half of the 12 real estate regions on O‘ahu, asking prices have been reduced on at least 30% of the current listings.
