Hoku Real Estate
News & Blog

    July, 2022

« Next month

- Nationally, June existing-home sales were down, but the median price set a new record high. (7/27/22)

- The street parking, and traffic, woes in Lanikai appear to be getting worse. (7/22/22)

- DLNR looking for new proposals for the Ala Wai Small Boat Harbor. (7/20/22)

- A new Aloha Stadium has received funding. (7/14/22)

- The sales figures for June 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. The market seems to be adjusting to interest rate changes and economic news to find a new normal. Sales volume is definitely down from last year, but fairly close to the previous month. The median home price pulled back a little, but the median condo price set a new record. Both are significantly higher than a year ago. Inventory inched up a bit, and pending sales volume looks like it may be slowing a little. (7/8/22)

- Happy Independence Day! (7/4/22)





- 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)