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Announcements

Understanding Honolulu's Empty Homes Tax Proposal

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.

Research

Oahu Real Estate Market Returns to Typical Seasonal Patterns in November 2024

After a bump in sales activity last month, the Oahu real estate market returned to a typical downward seasonal trend in November 2024. Locations expects single-family home sales to end the year up by around six percent, and condo sales to end the year down six percent. With a continued low supply of single-family homes, the median price will end the year four percent higher than last year. On the other hand, Oahu’s condo supply is at a 15-year high and rising, holding the median price flat.

Announcements

Cannie Chum and Cory Tsuda of Locations Win 2024 Aloha ‘Āina REALTOR Award

Locations Realtors® Cannie Chum and Cory Tsuda were recognized by the Honolulu Board of Realtors® with a prestigious Aloha ‘Āina REALTOR® Award for exceptional client service on November 22, 2024. Nominated by their client, who they assisted as a team, Cannie and Cory demonstrated exceptional dedication and resourcefulness in navigating the complex sale of a 10-unit apartment building.

Announcements

Locations' Dollcy Gebauer Wins Prestigious 2024 Aloha 'Aina REALTOR Award

On November 22, 2024, Locations Realtor® Dollcy Gebauer was recognized by the Honolulu Board of Realtors® with a prestigious Aloha ‘Āina REALTOR® Award for exceptional client service. Dollcy’s client nominated her for her exceptional dedication and compassionate support, which went above and beyond during a challenging divorce sale. Dollcy’s exceptional service went far beyond expectations, leaving a profound impact during a difficult time.

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