Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels. 

New Listings decreased 17.9 percent for Single Family homes but increased 16.1 percent for Condominium homes. Pending Sales increased 62.5 percent for Single Family homes and 76.3 percent for …

December is normally one of the slowest months of the year but strong buyer demand across most segments of the market, buoyed by near-record low interest rates, continue to drive a healthy sales pace in the face of a new wave of COVID-19 infections and a softening jobs market.  …

November saw the Dow Jones Industrial Average top 30,000 for the first time, while mortgage rates reached new record lows again. These new records have provided encouragement for buyers to move forward on home purchases, which continued to remain strong overall for the month.

Showing activity remains higher than …

October continued to be busier than the calendar normally suggests. Home Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers remain a common occurrence in many areas, keeping housing hot …

Strong buyer activity has continued into the fall, which is normally the start of the seasonal slowing of the housing market. With stronger buyer activity in the market this year and the continued constrained supply of homes for sale, speedy sales and multiple offers are likely to remain a common …

In August, showings and pending sales remained at strong levels while housing inventory remained limited, continuing the competitive bidding market we have seen in recent months.

As we look towards the fall, we normally see housing activity begin to slow a bit as the back-to-school season begins, but this year …

Healthy buyer demand and constrained supply continue to be the story for much of the country. Nationally, showing activity in July remained substantially higher than a year before and multiple offer situations are a frequent experience in many markets. With the inventory of homes for sale still constrained, a competitive …

June Market Update, from RAM:

While much of the country was working on a phased reopening of the economy in June, real estate activity continued to strengthen as well. Nationally, June showing activity as tracked by Showing Time was up notably from the COVID-19 depressed levels in recent months but …

Buyers have been quicker to return to the housing market in force than sellers, who have been showing a bit more reluctance to list their homes than is typical for this time of year. But trends are improving and as states and localities continue to moderate their COVID-19 policies, real …

Maui Market Report April

Here's a quick update on the Maui Market for the month of April.

It looks like Covid-19 is starting to play a role in the both the homes listed and under contract for both single family and condos. Though it's expected that next month …