Hoku Real Estate
News & Blog

    May, 2011

« Next month

- Memorial Day - Lantern Floating Hawaii


More information here. (5/30/11)

- Hawaii foreclosures down in first quarter. Note that this story is looking at data for the whole state. In general, the Oahu market is healthier than on neighbor islands. According to this story, only around 9% of Oahu sales are for distressed properties. (5/29/11)

- Mixed tourism forecasts. (5/24/11)

- How the new transit rail system may affect Oahu housing. (5/17/11)

- The sales figures for April 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. Condo sales increased again last month for the third month in a row, which fits the normal spring upswing in market activity. Home sales haven't had a set pattern but still have increased a little compared with three months ago. Median home prices rebounded from the previous month, but the March figure may have been an anomaly. Median prices have been relatively flat for both homes and condos over the last year, and are currently in about the middle of their twelve-month price range. Inventory is even and pending sales volume looks good. Here are the full HBR stats for Oahu. Individual neighborhood data is available here and local coverage of the latest data can be found here. (5/9/11)

- March visitor arrivals and hotel numbers look good despite events in Japan. (5/4/2011)

- Happy Lei Day! (5/1/11)





- To learn more about our 50% Oahu 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)