If you have been thinking about waiting until next year to buy a home, here are 3 top reasons to consider why you should buy a home this winter.
Home Prices are Continuing to Rise
The prices of homes in Oahu have appreciated steadily in the past 12 months. In November of 2018, The median price paid for a single-family home increased by 3 percent to $797,000 and the median price for a condominium increased by 3.7 percent to $420,000. We have also seen an increase in inventory in the latter part of the year which is good news for home buyers.
According to Darryl Macha, president of the Honolulu Board of REALTORS®, “We’ve seen considerable inventory expansion this year with active listings of single-family homes up by more…