If you look at the chart above, you can see with every wave of real estate it keeps rising
This housing market has many people talking about home values; where they are and where they are headed. It’s also interesting to look back and see how home prices compare to values prior to the housing crisis.
91-1292 Kaikohola Street D46 (MLS# 201615341), Ewa Beach, HI
Every quarter, Freddie Mac releases their House Price Index. The index usually provides monthly home values for:
- the nation as a whole
- each of the 50 states
- 367 metropolitan statistical areas
This quarter, the report also included a look at today’s home values as compared to Pre-2008 values. Here is a graphic that breaks down the numbers on a state-by-state basis:
Looking at the above chart, you can see Hawaii is above the 2008 peak. We are up 16% in Hawaii!! Whoo Hoo!!
If you need any information about selling or about buying a home, please contact me.
Aloha for now! See you next time!
Live the dream...Get your Hawaii Life now. #MMSellsHawaii