Hoku Real Estate
News & Blog

    May, 2024

« Next month

- Rising Hawaii insurance costs starting to be felt by condo owners. (5/31/24)

- Nationally, sales volume dipped a little in April, but once again, median sales price increased year-over-year. (5/30/24)

- Happy Memorial Day! (5/27/24)

- Maui's plan to ban thousands of vacation rentals may face a rocky road. (5/26/24)

- U.S. home prices have soared since 2020. (5/24/24)

- Residential project proposed for former St. Francis School in Manoa. (5/20/24)

- Did New York just kneecap Airbnb? (5/15/24)

- Governor signs latest vacation rental bill into law. (5/11/24)

- U.S. home prices continue to rise despite high mortgage interest rates. (5/10/24)

- Interesting article on the conversion of office towers to residential buildings. (5/9/24)

- 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 the first fully positive month in a while. Most every data point moved in a positive direction compared to both last month and one year ago. Inventory levels increased a little, and pending sales volume looks to be on an even track. (5/8/24)

- Happy Lei Day! (5/1/24)





- 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)