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Hawai'i Homes International Blog

Monday, June 8, 2020   /   by Christopher Barca

May 2020 Stats

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While the effects of COVID-19 in the broader economy continue, real estate activity is beginning to recover across much of the country. According to Freddie Mac, mortgage rates have been below 3.3 percent for more than four weeks and are hovering near all-time lows, spurring strong interest by buyers and lifting showing activity up 4% nationally versus a year ago in the final week of May.

New Listings decreased 15.5 percent for Single Family homes and 18.8 percent for Condominium homes. Pending Sales decreased 28.2 percent for Single Family homes and 52.7 percent for Condominium homes. Inventory decreased 15.5 percent for Single Family homes but increased 6.1 percent for Condominium homes. Median Sales Price increased 13.5 percent to $800,000 for Single Family homes and 33.3 percent to $680,000 for Condominium homes. Days on Market increased 13.3 percent for Single Family homes and 28.7 percent for Condominium homes.

Months Supply of Inventory decreased ...

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Friday, May 1, 2020   /   by Christopher Barca

April 2020 Stats

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While the stock market recovered significantly in March, the effects of COVID-19 to the economy continue to build. In just the last four weeks, more than 20 million people filed initial unemployment claims according to the United States Department of Labor, fueled by stay at home orders and a slowdown of economic activity across the country. Added to the unemployment claims from March, more than 30 million people have become unemployed since COVID-19 has become widespread in the U.S. In the face of these challenging times, real estate activity in April slowed significantly.
New Listings decreased 41.9 percent for Single Family homes and 23.9 percent for Condominium homes. Pending Sales decreased 57.8 percent for Single Family homes and 71.5 percent for Condominium homes. Inventory decreased 18.9 percent for Single Family homes and 1.3 percent for Condominium homes.
Median Sales Price decreased 7.9 percent to $754,523 for Single Family homes but in ...

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Wednesday, April 1, 2020   /   by Christopher Barca

March 2020 Stats

Click Here for Report

As COVID-19’s impact spread across the country in March, the stock market declines started in February accelerated downward before recovering a bit in the last week of the month. With volatility across all the financial markets, lenders began tightening underwriting standards and some buyers found they no longer were approved for a loan. Massive layoffs also shook the economy with 3.28 million initial jobless claims filed in a single week—the highest in history more than four times over.




New Listings decreased 43.0 percent for Single Family homes but increased 8.8 percent for Condominium homes. Pending Sales decreased 42.0 percent for Single Family homes and 56.8 percent for Condominium homes. Inventory decreased 20.4 percent for Single Family homes and 7.6 percent for Condominium homes.

Median Sales Price increased 17.9 percent to $840,000 for Single Family homes and 9.1 percent to $555,000 for Condominium homes. Days on Market decrease ...

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Wednesday, March 4, 2020   /   by Christopher Barca

Maalaea General Store for Sale

Exclusively represented by Christopher Barca  R(B) &  Christine Akins R(S)



Rare opportunity to purchase an historic harbor front property in a high traffic location. From the new aerobic treatment system to the updated kitchen this historic property has been modernized with room to grow.

There is a full-service deli & grill with indoor/outdoor seating, accessory buildings & on-site parking. Irreplaceable, central location with incredible views characterize this one of a kind property. Sale includes furniture, fixtures & equipment.



Transfer of liquor license may be available. Seller will offer training of current business operation. B-2 (Community Business District) County Zoning.

Please reach out to either of us for more information.

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  commercial property, maalaea