Hoku Real Estate
News & Blog

    August, 2021

« Next month

- U.S. home prices in June grew at fastest rate in thirty years. (8/31/21)

- Honolulu is considering a draft bill expanding where vacation rentals may be allowed, and changing the definition of a vacation rental to less than 180-days. First public meeting notice here, and draft bill here. (8/26/21)

- Nationally, existing homes sales climb in July. (8/24/21)

- Interesting collection of comments from real estate agents across the nation regarding their markets. (8/22/21)

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

- 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 record setting month. The median price for both property types were new records, as well as the combined three-month moving average. Sales volume took a slight breather from the previous month, but was still very high. Inventory was relatively even, and pending sales volume is again very large. (8/16/21)





- 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)