Oahu Real Estate Recap Newsletter: November 2020

November 2020

Hi Friends and Neighbors,

One defining feature of this year’s housing market has been the “at home” revolution.

Staying at home. Learning at home. Working at home.

Life these days is lived “at home,” for better or worse.

In a new survey from LendingTree, nearly half of respondents said they now work from home. Yet only 42% of that group work in a dedicated office space.

Of the rest, 19% work in a living room, 18% in a bedroom, and — skipping down the list — at least 2% work outside. (Nothing like fresh air, I guess!) Men were more likely than women to use a dedicated office, at 48 to 30% respectively.

Consequently, it’s no surprise that over a quarter of likely movers place features like office space at the top of their list of must-haves in their new home.

Now more than ever, an extra room works wonders for the mind, body and soul (and productivity). A bigger, better kitchen can liven dull weekday dinners. A more spacious yard offers pleasant afternoons, not cooped up inside.

With mortgage rates still below 3%, it remains a uniquely good time to buy, sell, or buy and sell a home. Now’s the time to consider your options, before the holidays arrive!

As always, if you have questions about the market, or if you or someone you know is thinking of making a change, don’t hesitate to get in touch. We’re happy to help!

Read on for local updates, featured listings and more!

Talk soon,
Mike & Lisa Styring
Hawaii Realty International