Hoku Real Estate
News & Blog

    July, 2023

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- Not easy to say who is in the right here, or if it's just part of the process, but Nicole Scherzinger's Oahu home construction plans have run into opposition. (7/31/23)

- Pending home sales in escrow ticked up a hair in June. (7/27/23)

- Can downtown Honolulu be revitalized by the conversion of commercial buildings to residential? (7/22/23)

- Nationally, existing home sales retreated a bit in June, but the median sale price almost set a new record. (7/20/23)

- The sales figures for June 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 rather mixed month. Some data points were positive, and others were negative. The three-month moving average for combined sales volume was at the highest point in about eight months. Median sale prices for homes and condos were mixed. Inventory inched upward again, and pending sales volume appears neutral. (7/6/23)

- Happy Independence Day! (7/4/23)





- 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)