Lunar New Year, also known as Chinese New Year, officially falls on Wednesday, January 29, 2025, but celebrations for the Year of the Wood Snake are planned throughout late January and February on Oahu. Whether you’re a long-time resident or visiting for the first time, Chinese New Year celebrations are a memorable way to experience the beauty and traditions of Chinese culture. Kung Hei Fat Choi! (Happy New Year!)

The beginning of a new year is a good time to take stock of the past year and reflect on your goals for 2025. While many of us will set goals for our health, career or personal lives, don’t neglect to set real estate goals for the coming year, too.

The Honolulu City Council is considering a new rule called the Empty Homes Tax. This tax would charge owners who leave their homes empty for a long time (There are an estimated 34,000 vacant homes on Oahu). The goal of the proposed bill is to encourage owners to use these homes or rent them out. Supporters also hope that the tax will help to address Honolulu's shortage of affordable housing.