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May, 2023 « Next month - Honolulu City Council considering ways to decrease property taxes for lower income homeowners. More information on the current plan can be found in this brochure. (5/31/23) - Happy Memorial Day! (5/29/23) - Nationally, existing homes sales faded in April, as did the median price. (5/23/23) - Honolulu considering taxing vacant homes at a higher rate. (5/20/23) - From UHERO, the latest economic forecast for Hawaii. (5/16/23) - 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 negative month. Sales volume for both property types decreased from the previous month. The median sale price for homes dropped under $1M again, and the condo median price went down as well. Inventory kept on inching downward, and pending sales volume appears neutral. (5/8/23) - Happy Lei Day! (5/1/23) - 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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