Ryan Oda

Facebook recently reminded me that I have been a homeowner for two years. It seemed like yesterday when my wife and I were signing our closing documents! Here are a few things that I learned... Mortgage Rates When we were looking at properties, mortgage rates were almost at 5%. When our offer was accepted, our mortgage lender informed us that rates went down. Rather than taking a gamble, we decided to lock in 4.65% at half a point. Around 6 months later, mortgage rates droppe

Our housing market is usually one of the shining stars in our local economy. Despite COVID-19, Oahu's housing prices have remained steady or have increased in certain neighborhoods. While there were many uncertainties when the stay at home order was put in place, our housing market seems to have regained traction. One reason mortgage rates are in the 2-3% range is the FED is buying mortgage backed bonds. If this sounds familiar, the FED did something similar in the 2008 housi

Here are September housing updates.

Here is July's housing updates.

Since the start of the pandemic, I have been receiving calls from clients about our real estate market. Recent data has shown that prices are increasing, while closed sales have declined by double digits. There are still a lot of unknowns since COVID-19 is still a major concern in Hawaii. Every person's situation is different and unique. However, it could be a good time to... Buy Inventory has been low for decades. Due to COVID-19, it seems there are even less listings. If yo

Here is April's housing update.

When the sky is falling, you should refinance.

Are you aware of HCDA's refinancing rules for reserved housing units?