Real Estate News

June 21, 2024

Understanding the New NAR Rules: Buyer Representation and Compensation Disclosure

The landscape of real estate transactions is constantly evolving

As a result of the recent settlement from the National Association of Realtors (NAR), there have been significant changes in the regulations governing buyer representation. We want to provide you with the details of these changes right here, particularly focusing on ...

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June 1, 2024

New Short-Term Rental Laws in Hawaii: Impact on Oahu's Housing Market

Hawaii's housing market is facing a significant shift due to new legislation targeting short-term vacation rentals (VRUs). A recent report has highlighted the strain VRUs place on Hawaii's housing supply, with a 35% increase in the number of VRUs advertised statewide, now totaling 23,000 units. This surge ...

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May 6, 2024

Honolulu Short-Term Rental Update: Navigating the Latest Shifts

May 6, 2024 -- The landscape of short-term rental properties in Honolulu County is a dynamic and contentious issue, with recent legal developments, tax implications, and community impacts all playing a role in shaping the current situation.

Legal Developments

A recent court ruling has allowed short-term rentals (STRs) in Honolulu to ...

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April 30, 2024

Explaining the NAR Settlement: What It Means for Home Buyers and Sellers

The National Association of REALTORS® (NAR) has reached a settlement that could reshape the real estate landscape in the United States. This settlement, announced on March 15, 2024, and expected to take effect in mid-July 2024, addresses claims brought by home sellers regarding broker commissions. Here's what consumers need ...

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April 19, 2024

Navigating the Waves of Change: Honolulu's Short-Term Rental Laws

Honolulu County is at a pivotal moment in the regulation of short-term rental properties, with several bills and ordinances shaping the future of vacation rentals in this tropical paradise. As a hub of tourism, the impact of these regulations is significant for property owners, residents, and visitors alike.

 

The ...

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Aug. 7, 2023

Hawaii's Environmental Pledge: Transitioning from Cesspools to Septic Tanks by 2050

Nestled in the Pacific Ocean, Hawaii's natural beauty has long captivated the world. To preserve this paradise for future generations, Hawaii enacted a groundbreaking law in 2017, mandating the conversion of all cesspools to septic tanks by 2050. This bold step towards sustainable waste management aims to protect the ...

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June 8, 2023

The Evolving Landscape of Short-Term Rentals in Honolulu

Honolulu, Hawaii, known for its pristine beaches, stunning landscapes, and vibrant culture, has long been a sought-after destination for tourists around the world. In recent years, the rise of short-term rentals (Airbnb, VRBO, etc.) has revolutionized the accommodation industry, offering visitors a unique and often more affordable alternative to traditional ...

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April 19, 2023

5 Crucial Things You Shouldn't Lie About When Applying For A Mortgage

When it comes to applying for a mortgage, remember that there's no such thing as a little “white lie.” Saying fibs that you think are harmless, as well as exaggerating, playing down, or failing to disclose certain information, can all jeopardize your chances of getting approved for a ...

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