Hoku Real Estate
News & Blog

    November, 2021

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- Interesting analysis of the appreciation we've seen the last few years in real estate. (11/30/21)

- Nationally, October home sales were up 0.8% from previous month, and the median price increased 13% from year before. (11/28/21)

- A new Oahu chicken farm may make Hawaii self-sufficient in eggs. (11/27/21)

- Happy Thanksgiving! (11/25/21)

- Reasons for the Honolulu building permit backlog. (11/22/21)

- Honolulu has proposed an updated version of its new short-term rental rules. (11/17/21)

- Zillow seeks to sell 7,000 homes it bought. (11/16/21)

- Happy Veterans Day! Thank you to all veterans! (11/11/21)

- The sales figures for October 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 positive month. Sales volume is still much higher than last year, which makes sense, but we may be seeing the start of the usual seasonal slow down. The median prices for both property types were up nicely from last year, mixed compared to the previous months, and the 3-month combined moving average was another record. Inventory was relatively flat, and pending sales volume looks good. (11/6/21)





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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)