One of the summer’s less pleasurable activities for homeowners is the endless lawn mowing. It only takes a rain shower and a few days of sunshine for the grass to look unkempt again. A popular strategy to avoid mowing is to make one of your children do it. But is that a great idea? How…
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When the number of potential buyers exceeds the available inventory of homes, it can create a competitive environment. So, to win this game, focus on sales and marketing if you want to attract multiple buyers and receive competitive offers. Photography You cannot beat great photography: it’s essential for every media channel. Don’t skimp on this,…
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Market conditions can sometimes create unique opportunities for homeowners looking to upgrade their living situation. When there’s a scarcity of available properties relative to buyer demand, it can be particularly advantageous for those considering selling their homes. In times of low housing inventory, several market indicators may reflect this shortage: Decreased sales volumes compared to…
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Popular regions around New Zealand are starting to experience a shortage of properties for sale; and that may be a positive sign for owners debating whether they should sell in the current market. Dramatic shortages are being reported in Gisborne and Hawke’s Bay, where the number of homes for sale is down 62% for houses…
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Upgrading your property, or plunging into the market for the first time, requires some strategic thinking at the moment. Shelving your property ambitions right now, and putting them to the back of your mind, will not help you capitalise on the current opportunities. While New Zealand is technically in a recession (we’ve had consecutive quarters…
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The decision to buy or sell a home should always be based on your personal circumstances rather than attempting to time the market for a better deal. Real estate markets are complex and can move in various ways beyond simple boom and bust cycles. As an experienced agent, I’ve observed that the most successful buyers…
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New figures suggest Australian homeowners have refinanced around $200 billion in mortgage loans since the Reserve Bank started raising interest rates to fight inflation 12 months ago. Up to 30 lenders have been competing for this potential business, offering lucrative cashback offers to win your signature. Owners have been promised incentives from $2,000 to $10,000…
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A rebound in property prices appears to be entrenched as new industry numbers show a third successive rise in house prices and the strongest growth in the residential sector since November 2021. The industry analyst CoreLogic has reported values up 1.2% in May, which follows encouraging spring sales in March and April when price rises…
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If you’re an experienced investor who thrives on counter-cyclical opportunities, it looks like the current property market is a perfect time to strike. New data from industry researcher CoreLogic shows investors are more willing to put their properties on the market than owner-occupiers. It’s no secret that housing inventory is down against historical averages, but…
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While much of the media hype about the property market is doom and gloom, the data shows house prices appeared to have turned the corner and are edging upward again. That means it’s likely buyers are going to see more homes come on to the market in the next few months. As an experienced agency…
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