Real Estate moving out of Lockdown Level 4Apr17
As we move out of Lockdown Level 4, the Real Estate market is going to receive a huge burst of business. For all of the following reasons: No-one has been allowed to move house, whether settling and just exiting/moving into their new digs, or moving in and out of rental accommodation. So there’s going to …
Covid -19 Level 4 Alert affects Real EstateApr17
Level 4 Lockdowns have essentially limited real estate activities to the remote transaction stage for existing interest in properties that has carried forwards from prior to the lockdown. In other words, only buyers who saw properties prior to the lockdown have been making offers, via scanning and email, to then be transferred to vendors electronically. …
Separations Could be Piling More Pressure on Housing Stock than ImmigrationFeb23
Separations could be piling more pressure on housing stock than immigration. Teachers will tell you who they have more of in their classrooms – the victims of broken homes or immigrants. With more than one house a day being built in Hobsonville Point these days, and the trend mirrored across Auckland since the Unitary Plan came …
West Auckland at least 3.5% higher prices than a year agoFeb23
West Auckland at least 3.5% higher prices than a year ago. Lifestyle in the Northwest has seen the biggest shift of 7-8 % more recently. That’s fantastic for our lifestyle vendors who may be put off by the previous three years sluggish activity.
Deadline Sale results in 13 offers on property above $1.3mFeb23
Deadline Sale results in 13 offers on property above $1.3m including cash buyers. Were the cash buyers close or far apart? What would have happened on auction day? How much was the highest offer above the second highest?
Interest Rates Unlikely to Head South Unless Virus HitsFeb23
Interest rates unlikely to head South unless virus hits The Govt Reserve Bank issuing a cheerier tune than most forecasters in terms of impacts on the world economy of the latest corona virus. Staying at 1%, the current cash rate is are affording some of the lowest interest rates right now New Zealand property buyers …