Hoku Real Estate
News & Blog

    August, 2020

« Next month

- Nationally, pending home sales increased again in July. (8/29/20)

- U.S. stock indexes continue to go upward. (8/28/20)

- Interesting article about the competing interests of Oahu oceanfront property owners and the public regarding beach erosion. (8/28/20)

- An exodus from San Francisco as well. (8/25/20)

- Even Hollywood is affected. (8/24/20)

- Another story about the NYC exodus. (8/22/20)

- Happy Statehood Day! (8/21/20)

- Covid has been great for the sales of above-ground swimming pools. (8/14/20)

- 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 positive month. The Oahu market continued to show signs that it's returning to a more normal level. Both sales volume and median prices, for both property types, increased significantly from the previous month, but haven't quite reached the level of a year ago. Inventory for homes is at the lowest level in the last twelve months, and pending sales volume looks very strong. (8/6/20)

- Something very different, while we wait for live entertainment to return, a beautifully mellow change of pace by the very talented Halsey which verges on country. (8/3/20)







- 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)