Housing inventory levels on Oahu still below pre-pandemic levels

Housing inventory levels on Oahu lag behind pre-pandemic levels

bizjournals bizjournals | 1 year ago

Islandwide, active inventory numbers for single-family homes grew just 4% while the inventory of condominiums declined 19%.

Oahu home sales return to pre-pandemic levels

bizjournals bizjournals | 1 year ago

There were 314 single-family homes sold in August compared to 425 in August 2021.

Purchase rate locks drop below pre-pandemic levels

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

July's purchase rate lock activity fell to a low not seen since COVID-19 arrived in the United States, according to data from the Black Knight Optimal Blue product and pricing engine.The rate at which homebuyers locked in their financing costs during the month was 11% slower than it was prior to the pandemic and down 28.5% from a year ago despite the fact that financing costs tracked by Black Knight were down 49 basis points from June."Although 30-year interest rates actually pulled back slight...

forbes forbes | 1 year ago

Demand For Vacation Homes Is Now Below Pre-Pandemic Levels The pandemic-fueled vacation home buying frenzy is beginning to fizzle. getty The pandemic-fueled vacation home buying frenzy is beginning to fizzle. The sad thing about vacations is that no matter how much fun you’re having, they have to end. Just consider that demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years. Sky-high home prices and surging mortgage rates, a...

Cincinnati home sales drop below pre-pandemic levels in July

bizjournals bizjournals | 1 year ago

Is Greater Cincinnati’s pandemic home sales boom over? Sales data from July shows that may be the case.

Greater Nashville home sales fall 30% in October as inventory nears pre-pandemic levels

bizjournals bizjournals | 1 year ago

Rising interest rates have continued to stifle home sales, pushing the region's inventory higher than it has been in years. Prices have climbed alongside inventory, however — the median price for a single-family home reached $478,500 last month.

Foreclosure starts, bank repossessions tick closer to pre-pandemic levels

bizjournals bizjournals | 1 year ago

Foreclosure activity continued to climb in the first half of 2022, inching closer to pre-pandemic levels.

forbes forbes | 1 year ago

Sky-High Rental Prices Surpass Pre-Pandemic Levels By More Than 25% Rental affordability remained a significant challenge for many renters across the country in May. getty Rental affordability remained a significant challenge for many renters across the country in May. The pandemic fueled a meteoric rise in rental prices, and a severe shortage of supply isn’t helping. The nation’s median rental price hit its latest new high of $1,849 per month in May, representing a...