Honolulu Real Estate News
Honolulu
Record 45.1 Million Americans to Travel Over 2025 Memorial Day Weekend
Americans are gearing up for a record-breaking Memorial Day weekend, with AAA forecasting that 45.1 million people will travel at least 50 miles from home between Thursday, May 22 and Monday, May 26. The figure marks a 1.4 million increase from last year and breaks the previous travel record of 44 million, set in 2005.
Average Americans Spend 38 Percent of Monthly Income on Mortgage Payments
The latest NAHB/Wells Fargo Cost of Housing Index (CHI) highlights the ongoing affordability crisis in the U.S. housing market.
U.S. Residential Foreclosures Dip 10 Percent Annually in 2024
According to ATTOM's Year-End 2024 U.S. Foreclosure Market Report, foreclosure filings--comprising default notices, scheduled auctions, and bank repossessions--were reported on 322,103 U.S. properties in 2024.
U.S. Mortgage Rates Rise in Early 2025, Reach 6-Month High
Based on Freddie Mac's first Primary Mortgage Market Survey (PMMS) of 2025, the 30-year fixed-rate mortgage (FRM) averaged 6.91 percent as of January 2, 2025.
