Hoku Real Estate
News & Blog

    June, 2019

« Next month

- Nationally, May pending home sales bounce back. (6/28/19)

- Mayor Caldwell signed one of the two laws sent to him restricting vacation rentals. Coverage here and here. (6/27/19)

- YTD new home sales nationally still look solid. (6/26/19)

- Honolulu Council passed two new laws last night restricting vacation rentals. The bills now go to the Mayor for signatures. More here. (6/18/19)

- Happy Kamehameha Day! (6/11/19)

- The May 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 neutral-to-negative month. Sales volume for both property types was mostly positive. Median prices were mostly negative. Inventory was basically flat, and pending sales volume looks very good. Here are the full HBR stats for Oahu. Individual neighborhood data will be released in the middle of the month. (6/11/19)





- 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)