Hoku Real Estate
News & Blog

    May, 2022

« Next month

- Happy Memorial Day! (5/30/22)

- Nationally, home inventory is increasing. (5/27/22)

- Oceanfront property sellers will now need to include in all sales a sea level rise disclosure. (5/24/22)

- Would more apartments help the Oahu housing shortage? Would they pencil out financially? (5/18/22)

- 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 mixed month. Sales volume for condos went up, but for homes it went down. Median prices for both property types pulled back a little from the records of the previous month, but were still up nicely from 12-months ago. Inventory was nearly flat, and pending sales volume looks about the same level. We will see in coming months what effect higher mortgage interest rates may have on the market. (5/9/22)

- Happy Lei Day! (5/1/22)





- 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)