Where is the inventory? Hawaii Island Real Estate update December 2022

by Julie Ziemelis | January 3, 2023 | Hawaii Island

In our latest Hawaii Island wide update, we learn from five Realtors that homes are still sitting on the market longer, but new homes are slow to come to market. Buyers are holding out and so are sellers, creating a stalemate with days on market climbing. Serious sellers are making price corrections in the meantime.
Mortgage rates are holding steady right now, but according to our mortgage partners, the Fed will raise the rates trying to control inflation.
Learn more about leasehold vs fee simple, as well, in this episode.

Our 365Hawaii real estate and mortgage partners offer their services and knowledge to help you buy a home or get a loan around the island! Contact Julie Ziemelis, Realtor, and moderator to be connected with one of these professionals to help you achieve your goal of buying a home in Hawaii! Julie@Ziemelis.com

Also, if you join the 365Ohana, you will receive my books as a thank you for allowing us to help guide your home buying process. www.365HawaiiLiving.com
If you would like to order a hard copy, go to https://app.thebookpatch.com/BookStore/-insiders-guide-to-buying-real-estate-on-the-big-island-of-hawaii/3affbfbf-0bb3-45f0-b27e-dc55a2833b51

Julie is a licensed Realtor with Keller Williams Big Island RS85062

If you would like to connect to any one of our team members for your real estate needs, please email Julie at Julie@Ziemelis.com