The O‘ahu housing market ended 2021 with a slight decline of 10.0% in single-family home sales and a healthy 15.4% increase in condo sales year-over-year. The median sales price for single-family homes tied the previously set record in August 2021 at $1,050,000, while condos saw a median sales price of $485,000, slightly up from December … Read more
Have you ever heard of a Flat Fee Buyer’s Agent Commission? Maybe soon you will. There are at least 3 big class-action lawsuits against Realtors claiming the fixed 2.5% buyer’s agent commission should not be paid for by the seller but instead the buyer should pay their own agent. Their argument is this would allow … Read more
Closed sales activity for single-family homes lags behind the condo market, with single-family properties marking just a 9.8% increase in sales compared to 47.7% jump for condos in November. The median prices for single-family homes and condos tied the previously set record prices at $1,050,000 and $500,000, respectively. Though single-family homes continue to move into … Read more
The local market update shows 3 areas having a 50% price increase from last year. Windward Coast takes the top honors with a 70% increase. A few places have dropped in price. For all the details please see our stats page at https://www.oahure.com/OahuRealEstateStatsIntro.php
Our new listing in Lanikai will save either $71,000 or $145,500 in commission using our $3,500 Flat Fee Selling Option. Learn more at https://www.oahure.com/flat-fee-realtor-hawaii.php
Median prices of single-family homes stand at $1 million, condos at $500K.Closed sales rose year-over-year with single-family homes ticking up modestly 10.4% and condo properties surging higher to 27.3%.The median sales price for a single-family home fell slightly from the August 2021 record of $1,050,000 to $1,000,000, while the median condo price tied the August … Read more
Wow, this is awesome. Maybe we will get less trash in the future on Hawaii’s Beaches. Check out the Great Pacific Garbage Patch clean up at https://youtu.be/tLcnJEMnlTs
We do not recommend early occupancy. It opens a can of worms and a lot of problems can come up. The closing is not guaranteed until all the money is in escrow, and escrow has reported everything to the City and County. This is normally 2 days prior to the actual closing date. So if … Read more
Our recent post of a $775,000 Tear Down that was just listed went viral with over 14,400 Likes, Comments, and Shares. We received two very strong cash offers on it within 3 days. I think people could not take that a home in horrible condition would sell for that much. It would have been much … Read more
This seller is saving $60,000 by not paying a buyer’s agent commission, so we can book a showing directly with the seller or buyers can pay their agent a commission as one of the lawsuits against the National Association of Realtors is suggesting. The vacation rental crackdown in Kailua got rid of most of the … Read more