Rates Dropped… But This Jobs Report Changes Everything

Описание: Valentine’s Day weekend in Hawaii and the housing market is showing signs of movement.

This week we cover:

• VA mortgage rates dropped below 5.8%
• Massive surprise in the BLS jobs report
• Oahu inventory jumps above 1,000 new listings
• Condo market officially in buyer territory (6 months supply)
• Why waiting for 5% rates could cost you more

The January jobs report shocked expectations but when you dig deeper, revisions tell a different story. Rates spiked midweek… then reversed. Inflation data could decide the next move.

On Oahu:
• Single-family median price: $1.122M
• Condo median price: $529K
• Pending sales surged — February closings should rebound
• 60% of homes selling between $800K–$1.4M

Across the mainland, existing home sales dropped sharply — largely weather-driven but affordability is now at its strongest point in five years.

If you're planning to buy this year, now is the time to work on your financial fitness:
✔ Check your credit
✔ Organize debt
✔ Build reserves
✔ Create a real budget
✔ Talk to a loan officer

Time is money. Waiting for perfect rates rarely works.

📩 Want a strategy session? Reach out.
📲 Download the credit tool mentioned in this video.
🎥 Watch my “Cost of Waiting” breakdown next.

#hawaiirealestate #OahuHousing #vamortgage #mortgagerates #housingmarketupdate