Federal Reserve Chairman Jerome Powell warned Congress that in the coming decades, some regions in the U.S. may become unmortgageable due to a growing insurance crisis. As climate change intensifies natural disasters, insurance companies are pulling out of coastal and...
With mortgage rates holding steady between 6-7%, home inventory still constrained, and builders navigating rising costs, many buyers are wondering: Is now a good time to buy? While affordability remains a challenge, experts suggest that expanding your search,...
You may have heard the recent news about the settlement between the National Association of Realtors (NAR) and the plaintiffs earlier this year. The big issue was how real estate agents get paid, specifically the traditional commission structure. Before the...
Highlighted News Stories from November & December 2023. Developer breaks ground on 223-unit Kihei rental project Hale O Pi’ikea. A new housing project in Kihei broke ground, aiming to complete 223 affordable rental units by 2025. The $135 million Hale O Pi’ikea...
Highlighted News Stories from September 2023. Homeowners are considering short-term rentals despite crackdowns. Financial factors and interest rates drive this trend. According to a Realtor.com and CensusWide survey of 2,000 homeowners in July 2023, 60% would opt for...
Highlighted News Stories for August 2023. Who Will Be on Governor’s Committee to Fast-Track Housing? Governor Josh Green has appointed a Build Beyond Barriers Working Group to expedite housing projects. While individuals’ names are not...