Hoku Real Estate
News & Blog

    July, 2013

« Next month

- Nice slice-of-life video along Oahu's Windward Side to the North Shore. (Try it full-screen, and then adjust settings for HD.) (7/30/13)



- New Kaka'ako residential/mixed-use project announced: Keauhou Lane. (7/29/13)

- More positive news, Oahu hotels lead U.S. major markets in revenue gains. (7/25/13)

- Last week was a good week for mortgage interest rates, more info here. (7/20/13)

- HBR has released the June neighborhood data here. (7/16/13)

- Honolulu City Planning Commission approves zoning change to allow Koa Ridge development in central Oahu. (7/13/13)

- 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 definitely a positive month. Home sales volume set a 12-month record, condo sales slowed to a more normal pace after two very active months, and the 3-month moving average of both home and condo sales combined set a 12-month record. The median home price was a 12-month record as well as the 3-month combined moving average. Inventory is low and pending sales volume looks strong. Here are the full HBR stats for Oahu. Individual neighborhood data will be released mid-month. (7/8/13)

- Happy Independence Day! Here's Marvin Gaye's unique and wonderful rendition of the National Anthem. (7/4/13)

 





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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)