Is Now a Good Time to Buy a House? | Oahu, Hawaii

Is Now a Good Time to Buy a House? | Oahu, Hawaii

Is Now a Good Time to Buy a Home

Is now a good time to buy a house? Hi Everyone, this is Fawn Bertram with Homes by Fawn and Hawaii Life Real Estate.

buying a home on oahu

No doubt you’ve heard it’s a seller’s market, but that doesn’t mean buyers are getting left high and dry. All the chatter may have you wondering is now a good time to buy a house?

Good Time to Buy?

The answer, I’ve got four words for you: HISTORICALLY LOW-INTEREST RATES!!!

low interest rates for home buying

Did you know interest rates reached their highest point in 1981 when the annual average was 16.63% reported by Freddie Mac? Now, fast forward 40 years…

The average 30-year fixed rate is hovering below or around 3%. That’s incredible compared to 1981!

More Information

If you have decent credit, steady employment, and are seriously tired of renting, consider buying! You’ll get WAY MORE house for your dollar with interest rates this low. So yes, now is a good time to buy a house. Curious to see how much more? Let’s chat and discuss what are the best options for you.

For more information, click here or visit my Youtube channel with more helpful tips on the home buying and selling process. I’m Fawn Bertram with Homes by Fawn and Hawaii Life Real Estate. Make it a great home buying and selling day.

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