Hoku Real Estate
News & Blog

    May, 2020

« Next month

- Nationally, April pending home sales volume slumped but is expected to bounce back quickly. (5/31/20)

- From UHERO, an interesting map showing how the neighbor islands have much higher percentages of their workforce filing for unemployment claims compared to Oahu. Full report here. (5/27/20)

- Haseko Hawaii announces new development in Ewa Beach. (5/26/20)

- Have a very nice Memorial Day! (5/25/20)

- Another crazy Covid-19 story, this time regarding NYC building inspectors. (5/22/20)

- Will this be a long-term trend, or just a limited reaction to Covid-19, people looking to move out of cities? (5/15/20)

- 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. It was a very mixed and unusual month as the effects of quarantine on the market start to appear. Sales volume decreased, but median prices went up. Inventory dropped significantly, but pending sales volume looks good. (5/9/20)

- Something different, a visually creative little video done in the same kaleidoscope style as their previous clip from November 2018. Great song as well. (Try it full-screen, and then adjust settings for HD.) (5/8/20)



- Happy Lei Day! (5/1/20)





- 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)