Hawaii

Guaranteed Rate is gearing up to acquire certain assets of Honolulu HomeLoans and Hawaii Lending Alliance and expand its existing footprint in a growing Hawaii housing market.

Maui single-family home prices surged in October, but sales retreated and the condominium market was down.

While the median price paid for a single-family home in October rose from the same month last year, sales for single-family homes and condominiums slowed, according to the Honolulu Board of Realtors.

More people bought homes at Hawaii resorts in the first half of this year and extended a rebound in the market that began last year, according to a new report.

Real estate prices surged on Maui in September but sales for single-family homes and condominiums were lower than the same time a year ago due to shrinking inventory.

Oahu's housing market hit another record in September with the median price of single-family homes climbing to $812,500.

Oahu's housing market took just a small step in August but crossed a big threshold to top the $800,000 price mark for the first time.

Home sales and the median price of homes mostly rose on the Big Island and Kauai in August, according to local real estate agent trade association data.

The Federal Housing Administration is providing a new waiver that gives mortgage companies the ability to start inspecting properties affected by Kilauea Volcano lava flows in Hawaii.

Future reductions in loan application defect risk are likely because of mortgage lenders' fintech investments, even as the purchase origination share grows, said First American Financial.