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 August, 2011 « Next month - Flash mob hula at 38,000 feet. (8/20/11) - Happy Hawaii Statehood Day! (8/19/11) - For anyone who eats out, an interesting story on the effects of rising costs on the Hawaii restaurant industry. Like most businesses, price competition is a normal part of running a restaurant, but in comparison, there has been traditionally little price competition between real estate brokerages. Hoku competes on both price and service, and our Hawaii buyer rebate offers huge savings along with full service. (8/19/11) - Current hotel occupancy steady, room rates rise. (8/16/11) - The July sales numbers 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 very mixed month data-wise. The number of home sales was even, but the number of condo sales declined from the rather active previous three months. Median home prices went up, but the median condo price had a strange drop, and the combined three month moving average of both was almost flat. Inventory went up a hair and pending sales numbers look good. Here are the full HBR stats for Oahu. Individual neighborhood data is available here. (8/8/11) - 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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