The property market last year left a lot of amateurs and professionals scratching their heads in puzzlement as the expected failed to happen. Real estate agency heads give their reading of the housing market in the first quarter of 2011 – their predictions cautious but optimistic, with rising rental prices seen as a positive indicator…
Tag: buying
Buying Land
Perhaps, before we start asking questions maybe we should provide an answer. “They ain’t making no more of it.” That’s what my grand-daddy told me and his grand-daddy told him, and as far as I’m aware, they were right. Now I’m not near slick enough to pretend I know the ins and outs of commercial…
The Art Of Timing In Negotiating
Timing is everything in negotiation. A negotiation can be made or unmade by the time at which it takes place. When buying or selling anything in life it becomes important to learn the art of the timing as this can make or break the deal. It all comes to when you make your move. There…
Reserve Bank of New Zealand Hold OCR a 3.0%
The Official Cash Rate has this morning been left on hold by the Reserve Bank at 3 per cent. Such a hold was widely expected, with market economists all but unanimous that Reserve Bank Governor Bollard will not raise the official cash rate again until March next year. The average expectation among 11 forecasters polled…
Will The Real Estate Market Spring Into Action This Spring?
Spring is typically the key season for real estate but untimely headwinds this year will make for a weak property market. Property prices are expected to track sideways at best this spring, with an expected influx of new listings on the market, allowing buyers plenty of time to smell the roses, according to analysts. The…
Loans and The Mortgage
Hi all, sorry about the lack of posting on here lately. There has been alot going on. In through this is the creation of a new website which will be launched next month if all goes well which i am hoping will allow all people involved with Real Estate be involved and tell there story….
Buying A Section
There is a nice trend the past few years to buy an existing home and renovate it to either make a capital gain or have a nice home to live in. However I have a feeling that we are soon going to see a shift in attitude and see people buying land in new residential…
Property Property Property – The Market's Gone Mad
The Breaking News story today is about property again. Seems like lately everything is about property property property. Today’s headline states Property sales plunge in January – January house sales worst in nearly two decades… Sounds terrible doesn’t it! This story is quite a different picture that was being painted last month when the authorities…
New Zealand Real Estate Prices Are Reaching Silly Levels Again
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Financial Planning For A Safer Future
The fact of todays market means we all need to all be careful with all our money. A few years back when I had too much time on my hands I got hold of a good friend of mine and started to produce some material to help people save money and outline steps for buying…
New Zealands Housing Market – It Could Be In For A Shock!
Why is the Real Estate market showing signs of recovery? The simple answer is there must more buyers out their buying up property. Consumer confidence has jumped to a four-year high, business confidence to a 10-year high. House prices have been rising since February. So are happy days here again? I feel this optimism is built…
Increased Population + Less Housing = A Ahousing Shortage
This is yet more signs from the media and agents telling of a housing recovery. A housing shortage looms as migration leaps and house-building halves. Property experts say increased demand is likely to boost house prices, especially in Christchurch. The real estate slump, the credit crunch and the recession have pushed home-building to 54 per…
Mortgagee Sales In New Zealand Are Steadily High
Aucklanders hit hardest as forced property sales quadruple Mortgagee sales in Auckland are the highest in New Zealand, with more than four times as many forced sales than a year ago. The sheer volume of residential housing in the city, high median house prices and people being laid off are being cited as factors in…
Valuations – What Are They And How Are They Determined
When you decide to enter the market by selling your real estate property, there are still a number of things that you need to consider in order to get the best possible outcome from your whole real estate experience, and to avoid any costly mistakes on your part. You wouldn’t want to give your real…
The Wave Of The Real Estate Cycle
The real estate market has been rising nationally the last few years and the media went hog wild over the frenzy and everywhere you looked there was someone or something telling you that real estate was HOT HOT HOT! Prices were going through the roof and there was unprecedented growth and people were becoming multi-millionaires…
Home Hints – Should I Sell It, Do It Up Or Rent It?
What are your options? Before you decide to sell, here are a few things to think about first could you get the home you want by renovating or extending instead? how much more will you have to pay to get the home you want – can you afford it? would it be a good idea…
Home Hints – What Legal Stuff Needs To Be Done
Your lawyer’s job is to protect you by checking contracts, explaining your rights, and making sure the property’s title is in order. They also do the legal work to transfer the property to you (the conveyancing) and register your mortgage on the property title. They’ll provide advice on things like different ways to own the…
Home Hints – What Do I Do When I Want To Buy My Home In New Zealand
Well by now hopefully you have chosen what you want. Done your research and found what you need to find and are able to make an educated decision when it comes to buying your home. There are three main ways to buy a home 1. by offer and negotiation – you make an offer and…
Home Hints – Things You Need To Look Out For Before Buying Your Home
When you have decided on a house you need to take a good look at it and make sure that you are going to be buying it in a reasonable condition (do a building inspection) – this is where every dollar counts because there are some things that can be a disaster for you…
Home Hints – What Are The Things To Keep In Mind When Buying Property
Once you’ve found a home you’re interested in you’ll want to check it out carefully. It really is a case of buyer beware. You don’t want to end up with a lemon, or costs you hadn’t planned for. Here are some ways you can check out the place you’re interested in. 1. Check the…
Home Hints – Where Do You Start When Looking To Buy Real Estate In New Zealand
How do you find a home? Once you know what you want and can afford, you want to get a ‘feel’ for the market. You could start by • searching the Internet – try trademe.co.nz or realestate.co.nz • reading the papers – weekend papers often have lots of adverts • driving around areas you…
Home Hints – What Type Of House Do You Want To Live In
After you think about the area you want to live in you need to decide what type of home you want to live in. Sometimes this can change the area you will need to look in so you need to get this step sorted out relatively early so that you can get it right so…
Home Hints – Where Do You Want To Live?
By now if you’re looking to buy a property you will have been told about the saying, Location, Location, Location. But why do people go on about this so much? Why is it so important? Well your home is one of the biggest assets most people will ever buy in their lives. It is therefore…
Renting vs Buying – A Personal Perspective
Many people wonder whether renting or buying a home is better decision. Most of the time, history has shown it is a smarter financial move to purchase a home than to rent. The final decision is unique to each situation of course. Here are a few points to note about both renting and buying. Buying…
House Hunters International Coming To New Zealand!
An opportunity exists NOW for a property buyer in New Zealand to participate in an International TV documentary. If you’re looking to buy a home or vacation property and would like to have it documented on an American TV show that airs in several different countries around the world, including New Zealand then I need…
A Quick Guide To Buying A Home. What To Look Out For, What To Watch.
There is probably no better way to become aware of the condition of a home than to have your home inspected by a licensed inspector. However, there are several considerations on which only you, as the purchaser, can decide. And, as I’ve said in other articles, it’s my belief there are some things you must…
Going Green – Are You Going to Keep Up With What Society Wants?
Generation Y have been bought up with an awareness of the environment and have become more inclined to use and purchase items that are deemed eco friendly. As a result eco-friendly properties are growing to be more well-liked. For a sellers best interest if your house is eco it’s useful for your buyers to be…
Kitchens And Bathrooms Sell Houses
What are the two areas that we spend the most time in during any one day? The answers is the kitchen and bathroom. These areas are the business areas of anyones home and can easily set your home apart from the others. In previous posts I have spoken about the need, espessially in this current…
The 4 Real Estate Seasons And Its Effects
During the last few years the real estate market was rising all over and we were experiencing a sellers market. The media went wild over the frenzy and everywhere you looked there was someone or something telling you that real estate was HOT HOT HOT! Prices were going through the roof and there was unprecedented…
What Are You Waiting For?
Its official. Sales volume is the lowest it has been for 16 years 11 months and the market has never been harder to work. Sellers, Buyers and agents… We are all having to adjust, compromise and accept that the days of the boom are well and truly over. And property prices have in fact in…