The HBR just released their monthly market stats for June and it was another solid month. Closed sales and sales prices were up for single family homes while condos took a slight dip Days on market trended down as well signaling even more competition for new listings.
The dip in condo prices and closed sales signals an even more drastic need for supply. With less listings properties are very competitive and listings do not stay on the market long.
I have been dealing with more and more young families lately looking for their first homes. It's more important than ever to get pre-qualified with a great lender before looking for properties and submitting offers. Knowing exactly the types of loans available will allow your realtor to write the strongest offer for you.
Howard Hughes's latest Ward Village Project A'ali'i will be starting sales soon and many home buyers are eagerly awaiting.
If you’re in the market to buy and need info on how to become a stronger buyer, feel free to Contact Me.
