The Dominion Post had an article in Saturday’s paper written as a result of the recent Reserve Bank announcement on 8 May 2013 that it would increase the capital adequacy requirements for the high LVR residential mortgage loans of the internal models banks in an effort to control inflation in the housing sector by attempting [...]
Ok, you want to get sold. Now. Immediately. Without delay. Here’s what you do. Make sure the property is ready for sale. You’d be surprised at how many homes come into the market place that are not ready to be presented to buyers. Grimy paths, paint flaked weatherboards, overgrown hedges and trees, dirty floors and [...]
For more details on the current house market conditions in north Wellington visit my Local Market Update Page.
Quotable Value have just released this analysis which gives an interesting insight into advertised prices and actual selling value. Sale prices across the country fluctuate. That’s a given. It can depend on a variety of different factors including the condition of the property, the market at the time and even how the property is marketed [...]
The national property website realestate.co.nz has reported that February delivered a healthy start to the year, with 13,145 new listings coming to the market, down just 2% on last year. While up significantly from both December and January figures, the flow of new listings was not enough to meet the buyer demand in the main [...]Continue →
Every once in a while I encounter a home seller who is dead against allowing Open Homes (or Open for Inspection times) as part of the overall marketing of their property. The main concerns include a perceived lack of security and the feeling that the privacy and sanctity of your home is being invaded. Both [...]Continue →
Bay of Plenty tops search list for beachfront houses, baches and bungalows Each summer holiday we wonder where in NZ the top spots to travel are, so the team at Realestate.co.nz have done some analysis of where people have been searching for holiday properties and come up with the top 10 holiday destination in New [...]Continue →
When is the best time of year to put a house on the market and why? The following post was compiled by the people at 200 Square. I thought it was so good, I’ve posted here so you can read what they wrote. Let’s look at some market specifics. The graphs below are statistics from [...]Continue →