With the latest 0.5% cut in interest rates, New Zealand buyers must start to think strategically about the best time to jump into the market. Now the Reserve Bank of New Zealand has trimmed rate by a full 1% in the last few months, you have precious few moments to consider your strategy before prices…
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Premium brands always do well in market downturns – and that’s true for the “dress circle” properties in the Queenstown area. The value growth down south has been stellar while other areas of New Zealand – most noticeably Auckland and Wellington – continue to feel the impact of high mortgage costs. The announcement of a…
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Creating wealth for later in life is a goal most of us embrace and spend our entire working lives trying to accomplish. And for the vast majority, property investment is a huge component of their strategies. Many young people today feel the idea of owning property is beyond their reach. However, there are strategies to…
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Signs of an immediate uplift in the momentum of the New Zealand property market have emerged following the Reserve Bank of New Zealand’s decision to cut the Official Cash Rate (OCR) by 0.25%. Taking the OCR to 5.25%, the mid-August move by the Reserve Bank was the first rate cut in more than four years.…
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Mortgage rates are dropping against a background of a weak economy, and many pundits are trying to work out whether the current scenario will send property prices north or fail to ignite the market. Many believe that the current Official Cash Rate (OCR) of 4.5% will drop a further 1% to help revitalise the economy. …
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Creating wealth for later in life is a goal most of us embrace and spend our entire working lives trying to accomplish. And for the vast majority, property investment is a huge component of their strategies. Many young people today feel the idea of owning property is beyond their reach. However, there are strategies to…
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If you’re puzzling over New Zealand’s real estate scene, trying to figure out whether you should jump into the market to upgrade or downsize, there are at least five factors that might be on your radar. Of course, you’ll think we’re going to list price trends as the first and foremost of an owner’s concern…
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New Zealand’s property market continues to show an uneven recovery with luxury areas breaking price records while other regionss struggle against a cocktail of economic malaise and mortgage costs. The bellwether of the Kiwi real estate scene is Auckland, and it’s experiencing fluctuating fortunes. Auckland owners will be happy the cost of an average dwelling…
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Whether you’re selling your home, or feeling it needs some tender loving care, it’s likely your attention will focus on the kitchen because of its role as the household’s social centre. Over the years, a kitchen will become dated. Drawers might lose their ability to soft close, doors might get chipped and the plastic edging…
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Flooring is such an important element of your home, but it’s often overlooked when you’re preparing to put your home on the market. Focus inevitably falls on the living area, and the bathroom and kitchen. Owners will spend thousands of dollars improving these areas but neglect what is right under their feet. Yet, when buyers…
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