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Market Outlook for Hawaii Real Estate
Economic conditions are superb for the housing market. Thanks to the expansionary policies of the Federal Reserve, mortgage rates continue at historic lows, making properties the most affordable in the last decade. Sticker shock is no longer a factor.
Renewed proof of appreciation brings new buyers into the real estate market daily. The poor performance of the stock market is another factor that's driving investment into the housing market, as a flight to quality. Investors have clearly become players in the housing market, particularly in the thriving condominium segment, and this investment should continue for the foreseeable future.
Source: Honolulu Board of Realtors
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