Hoku Real Estate
News & Blog

    January, 2019

« Next month

- Home remodeling may becoming less attractive with market changes. (1/24/19)

- FHFA sees little slow down in home prices. (1/23/19)

- Nationally, December existing home sales and inventory still show the normal seasonal patterns but at changed levels. (1/22/19)

- HBR has released the December neighborhood data here. (1/16/19)

- The sales figures for December 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. Sales volume was down again from last year, but may indicate the new normal as everyone adjusts to current interest rates. Condo sales did show an uptick from the previous month. Median prices were mixed compared to a year ago, but down a bit from November. Inventory showed a significant drop and is back near the levels it was in May, which is positive. For many market segments the number of listings, and months-of-supply, is roughly were the market was six months ago. Pending sales number appear to be in line with recent market activity. Here are the full HBR stats for Oahu. Individual neighborhood data will be released in the middle of the month. (1/7/19)

- Happy New Year! (1/1/19)





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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)