As we look at America’s current US housing market and the influences on its value, one dominant feature is often overlooked: the number of homes for sale right now. The tight supply of residential properties since we first encountered the pandemic has been a significant reason why property prices have defied predictions of fast-falling values.…
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There are two numbers that every owner, buyer and seller is keeping a keen eye on these days: the inflation rate and rising mortgage costs. As many of us are acutely aware, the Reserve Bank of Australia has increased interest rates 10 times in the past 12 months to fight post-pandemic inflation. Now, we may…
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The recent sharp fall in property prices which was triggered by interest rate rises has now flattened, according to the latest industry research. CoreLogic’s March housing market update shows national prices dropped an almost imperceptible 0.14% in February, the smallest monthly fall since the Reserve Bank began hiking interest rates last May. CoreLogic also reported…
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At last, spring is here! And the long-awaited arrival of milder days and the appearance of buds on the bushes and trees means it’s time to get to work in the garden. If you’re considering selling your home this spring or summer, it’s a great idea to break out the tools and put in a…
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Property market insights released in March by realestate.co.nz suggest the number of properties for sale in February was up 25% on the previous 12 months. The 29,000 homes on the market was the highest figure since 2015. While this is great news for buyers, owners have responded to the conditions by delaying their decision to…
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With property prices falling in many parts of New Zealand, you may need to work smarter if you want to sell your home for a premium price. Here are five tips to maximise your selling price in a cooling market: 1. Choose a good real estate agent During the recent boom, even mediocre real estate…
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With the spring market upon us, the real estate scene is moving into a vibrant selling period where buyers emerge from their winter blues full of confidence that falling inflation will ignite buyer activity. The economic optimism of the past few weeks should not be mistaken for an “easy sell” if you’re about to put…
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Understanding buyer needs is the secret to achieving an outstanding sales result for your property. Like many walks of life, real estate is susceptible to fashion trends and it’s important to understand what’s hot, and what’s not, to have a great selling experience. If your home hits the right buttons with two or more motivated…
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A great garden is guaranteed to turn buyers’ heads, but they don’t happen by accident. With the warmer spring days upon us, this is the best time of year to start thinking about getting your front and back yards into shape. Complete a few small tasks now, and your garden will be all set when…
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With the spring sales season just beginning, buyers enter the real estate market at the most interesting of times. Many dynamics come into play this year with a focus on fluctuating mortgage costs and the National Association of Realtors predicting values to move 6% higher during 2023. In the current market there is cautious buyer…
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