News — Market Snapshot

Headline: Hawaii Quarterly Market (Micro) Insights Report: Q1 2023

It is our pleasure to bring you the Compass Hawai’i Q1 2023 Market Report for the Big Island, O’ahu, Maui, and Kaua’i. Overall home sales activity declined around the state. That is no surprise since the significant increase in sales Hawai’i experienced in 2021 and 2022 was COVID fueled. Properties were sometimes purchased sight unseen … Continue reading "Headline: Hawaii Quarterly Market (Micro) Insights Report:...

NorCal Monthly Market Insights Report: April 2023

The Market Continues to Recover, But with Many Dynamics at Play Buyer demand continued to rebound from the depths of the mid-winter slowdown in activity. The number and percentage of listings going into contract, and overbidding percentages continue to climb, and days-on-market to drop as the spring selling season gained traction. Buyers generally shrugged off … Continue reading "NorCal Monthly Market Insights Report: April 2023"...

SoCal Quarterly Market (Micro) Insights Report: Q4 2022

Home sales activity declined across Southern California from the Central Coast to the South Bay. Buyers took a wait-and-see approach as the Fed continued to raise interest rates. Buyers recalculated and reevaluated where they could afford to buy and at what price point. The holidays are traditionally a slower period when sellers wait to list … Continue reading "SoCal Quarterly Market (Micro) Insights Report: Q4...

Hawaii Quarterly Market (Micro) Insights Report: Q4 2022

It is our pleasure to bring you the Compass Hawaii Q4 2022 Market Report for the Big Island, Oahu, Maui, and Kauai. The Hawaii market followed the trend of Southern California with home sales activity slowing on all islands in the fourth quarter. As many Hawaii buyers are from “the mainland” buying a second home … Continue reading "Hawaii Quarterly Market (Micro) Insights Report: Q4...

Hawaii Quarterly Market (Micro) Insights Report: Q3 2022

It is our pleasure to bring you the Compass Hawaii Q3 2022 Market Report for the Big Island, Oahu, Maui, and Kauai. Hawaii is a diverse market that differs from island to island. Home sales activity in the third quarter around the state fell by 39%. Mainland buyers who comprise a sizable portion of second … Continue reading "Hawaii Quarterly Market (Micro) Insights Report: Q3...

SoCal Quarterly Market (Micro) Insights Report: Q3 2022

It is our pleasure to bring you the Compass SoCal Q3 2022 Market Report. As the rest of the country did, the Southern California housing market underwent a shift in the third quarter with declines in home sales activity across the region. As interest rates continued to rise some buyers decided to revisit the price … Continue reading "SoCal Quarterly Market (Micro) Insights Report: Q3...

Hawaii Quarterly Market (Micro) Insights Report: Q2 2022

It is our pleasure to bring you the Compass Hawaii Q2 2022 Market Report for the Big Island, Oahu, Maui, and Kauai. The Hawaii market felt the mainland’s economic slowdown in the second quarter. The influx of mainland buyers who made way above asking price offers sometimes sight unseen has declined. Despite that market fundamental, … Continue reading "Hawaii Quarterly Market (Micro) Insights Report: Q2...

SoCal Quarterly Market (Micro) Insights Report: Q2 2022

It is our pleasure to bring you the Compass SoCal Q2 2022 Market Report. The Southern California market shifted in Q2 2022 with declines in home sales activity across the region. Rising interest rates impacted markets around the country. The in-demand Coastal Communities experienced a 23 percent decline in home sales activity in the second … Continue reading "SoCal Quarterly Market (Micro) Insights Report: Q2...

NorCal Monthly Market Insights Report: May 2022

It is our pleasure to bring you the NorCal Monthly Market Insights Report for May. As of May 5, mortgage rates were up 69 percent in 2022, inflation is at a 40-year high, and stock markets are significantly down. The housing market is beginning to show preliminary, but not universal indications of cooling. Less crowded open houses and fewer offers on new listings are becoming more … Continue reading "NorCal Monthly Market Insights Report: May 2022"...

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