hawaiianrealty.com hawaiianrealty.com * hawaiianrealty.com hawaiianrealty.com. hawaiianrealty.com hawaiianrealty.com FLYING INTO A HURRICANE! ED HAWAI'I LIFE REAL ESTATE BROK hawaiianrealty.com 800-667-5028 ext. 8122 Denise S. Nakanishi RB-17031, ABR, CRS, GRI, SRS "Major Mom is a Major Difference" hawaiianrealty.com hawaiianrealty.com 10 Acres with Good thing I'm from Florida where "hurricanes Rus". Nu, during the lockdown? This could change but because equity later (try having the seller buy down the rate until ther. His Faith (future Team Nakanishi member and I recently increased so much during the forbearance period, short report indicates that inflation has decreased from 8 to 7%. Gorgeous Ocean Views attended the National Association of REALTORS® (NAR) sales will not be part of the listing picture (thank goodness, High inflation means high interest rates. Lower inflation convention in Orlando. We arrived one day before the airport cause most fall) Remember, in Hawail, a foredosure can translates to lower interest rates. The NAR economics team dosed during Hurricane Nicole. Needless to say sessions take 18-24 months so even those will not increase listing creates a yearly report called "Profile of Buyers and Sellers were cancelled and there were a lot of empty spaces inventory for some time. Mr. Yun sees signs that after two They found that buyers are still willing to move. The ability to because people just couldn't get there. One of the most quarters of mildly negative activity, things could be changing work remotely has impacted this but for the most part, buyers popular sessions is the "Economic and Housing Outlook His chart showed Qtr 3 is up, but it is still the housing sector move "miles not necessarily oceans. His data indicates with Lawrence Yun, the NAR chief economist. It that is pulling the economy down. Sales numbers decreased that our local jobs market has not fully recovered meaning was no surprise to learn that inventory remains 20-30% and even more in areas with the highest run up outward migration may continue. To illustrate the impact very low Demand is still there so 42% of homes in activity and pricing. The hope is that interest rates have are still selling at or above list price. Homes peaked. Considering interest rates were at 10% in 1990, the that real estate has on wealth building, he noted that the on the market over 120 days end up adjusting current 7% should not be shocking. First time home buyers medan home in 1970 sold for $23,000. Today that number prices approximately 11-16%. But many still are not as active. When interest rates were historically low, is $300,200. Nationally, home prices have never gone move right away. Interestingly, demand for new buyers could buy a median home inationally) with about S50k down making the wealth differential between homeowners housing units on the Big Island is estimated at 456 this year, of income. This figure is now closer to $80k. In our local and renters significant Sorry if this quick snapshot is a bit but EPIC, slower sales and higher supply costs have slowed market, it is actually a great time for first time homebuyers disjointed. It's not easy taking notes in these conferences construction so no relief there. Nationally, listings are down because offshore demand has slowed so a local buyer can Thanks Mr. Yun for braving the hurricane and bringing a bit 19.4%. Mr. Yun is not seeing distressed properties impacting compete. Here's the thing, Mr. Yun feels rates will be coming of good news in the middle our current economic storm! majormom@ilhawaii.net the market. But wait! Remember mortgage forbearances back down making it desirable to buy now and refinance Blog forward at www.hawaiianrealtyhomes.com FIND MY COLUMN EVERY SUNDAY OF THE MONTH. Watch "HAWAII LIFE" on YouTube! cell 808-936-5100 BEST Hawaii 35TH ANNIVERSARY 2022 East NEW LISTING! Oneloa Sub'd. Beautiful 10.11 acres with visible pins and new entry at the end of the road. MLS #666487 $135,000 hawaiianrealty.com hawaiianrealty.com hawaiianrealty.com hawaiianrealty.com * hawaiianrealty.com hawaiianrealty.com . hawaiianrealty.com hawaiianrealty.com FLYING INTO A HURRICANE ! ED HAWAI'I LIFE REAL ESTATE BROK hawaiianrealty.com 800-667-5028 ext . 8122 Denise S. Nakanishi RB - 17031 , ABR , CRS , GRI , SRS " Major Mom is a Major Difference " hawaiianrealty.com hawaiianrealty.com 10 Acres with Good thing I'm from Florida where " hurricanes Rus " . Nu , during the lockdown ? This could change but because equity later ( try having the seller buy down the rate until ther . His Faith ( future Team Nakanishi member and I recently increased so much during the forbearance period , short report indicates that inflation has decreased from 8 to 7 % . Gorgeous Ocean Views attended the National Association of REALTORS® ( NAR ) sales will not be part of the listing picture ( thank goodness , High inflation means high interest rates . Lower inflation convention in Orlando . We arrived one day before the airport cause most fall ) Remember , in Hawail , a foredosure can translates to lower interest rates . The NAR economics team dosed during Hurricane Nicole . Needless to say sessions take 18-24 months so even those will not increase listing creates a yearly report called " Profile of Buyers and Sellers were cancelled and there were a lot of empty spaces inventory for some time . Mr. Yun sees signs that after two They found that buyers are still willing to move . The ability to because people just couldn't get there . One of the most quarters of mildly negative activity , things could be changing work remotely has impacted this but for the most part , buyers popular sessions is the " Economic and Housing Outlook His chart showed Qtr 3 is up , but it is still the housing sector move " miles not necessarily oceans . His data indicates with Lawrence Yun , the NAR chief economist . It that is pulling the economy down . Sales numbers decreased that our local jobs market has not fully recovered meaning was no surprise to learn that inventory remains 20-30 % and even more in areas with the highest run up outward migration may continue . To illustrate the impact very low Demand is still there so 42 % of homes in activity and pricing . The hope is that interest rates have are still selling at or above list price . Homes peaked . Considering interest rates were at 10 % in 1990 , the that real estate has on wealth building , he noted that the on the market over 120 days end up adjusting current 7 % should not be shocking . First time home buyers medan home in 1970 sold for $ 23,000 . Today that number prices approximately 11-16 % . But many still are not as active . When interest rates were historically low , is $ 300,200 . Nationally , home prices have never gone move right away . Interestingly , demand for new buyers could buy a median home inationally ) with about S50k down making the wealth differential between homeowners housing units on the Big Island is estimated at 456 this year , of income . This figure is now closer to $ 80k . In our local and renters significant Sorry if this quick snapshot is a bit but EPIC , slower sales and higher supply costs have slowed market , it is actually a great time for first time homebuyers disjointed . It's not easy taking notes in these conferences construction so no relief there . Nationally , listings are down because offshore demand has slowed so a local buyer can Thanks Mr. Yun for braving the hurricane and bringing a bit 19.4 % . Mr. Yun is not seeing distressed properties impacting compete . Here's the thing , Mr. Yun feels rates will be coming of good news in the middle our current economic storm ! majormom@ilhawaii.net the market . But wait ! Remember mortgage forbearances back down making it desirable to buy now and refinance Blog forward at www.hawaiianrealtyhomes.com FIND MY COLUMN EVERY SUNDAY OF THE MONTH . Watch " HAWAII LIFE " on YouTube ! cell 808-936-5100 BEST Hawaii 35TH ANNIVERSARY 2022 East NEW LISTING ! Oneloa Sub'd . Beautiful 10.11 acres with visible pins and new entry at the end of the road . MLS # 666487 $ 135,000 hawaiianrealty.com hawaiianrealty.com