Hoku Real Estate
News & Blog

    November, 2022

« Next month

- Honolulu may end some building permit requirements for some repairs or changes. This bill has been in the works since the start of November, and has passed its first reading. Full bill is here outlining all the proposed exemptions. (11/28/22)

- Happy Thanksgiving! (11/24/22)

- A more positive viewpoint regarding real estate market data. (11/22/22)

- Nationally, October existing home sales repeated the same pattern. Lower volume, lower inventory, and higher median price. (11/22/22)

- Roosters and chickens in downtown Honolulu. (11/18/22)

- Happy Veterans Day! Thank you to all veterans! (11/11/22)

- The sales figures for October for the Oahu real estate market have been released by the Honolulu Board of Realtors®. Here is a single-page set of charts showing the last 12 months of data. It was a neutral month. Sales volume dropped down again, and may continue at this pace due to the holidays. Median sales prices were mixed from the previous month, but went up from a year ago. Inventory continued to inch up a little bit, and pending sales volume looks relatively even. (11/7/22)





- To learn more about our 50% Hawaii Commission Buyer Rebate* and the savings it offers buyers on their real estate purchases, including Honolulu homes and Waikiki condos, properties from Honolulu to the North Shore, Kailua to Kapolei, and across all Oahu, please click here.



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    Buyer Rebate

Purchase price
Rebate
$400,000
$6,000*
$500,000
$7,500*
$600,000
$9,000*
$700,000
$10,500*
$800,000
$12,000*
$900,000
$13,500*
$1,000,000
$15,000*
$1,500,000
$22,500*
$2,000,000
$30,000*
(*savings based on a 3% co-op
fee commission offered by seller)

    Seller Savings

Sale price
Savings
$400,000
$7,000*
$500,000
$10,000*
$600,000
$12,000*
$700,000
$14,000*
$800,000
$16,000*
$900,000
$18,000*
$1,000,000
$20,000*
$1,500,000
$30,000*
$2,000,000
$40,000*
(*savings based on comparison
  to 3% listing fee + co-op fee)