It may be early days in the recovery of New Zealand’s property market, but new research has shown an almost nationwide resurgence in confidence. With 566 suburbs recording value growth in the past three months, it’s worth studying the national picture so you get a sense of how this might affect your own strategy for…
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With an election out of the way, it seems that confidence has finally returned to the property market, with a new industry survey showing rises of more than 2% in the three months to November 1. Positive results have been reported in the cities and regional centres as optimism returns based on a probable end…
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Positive energy has returned to the New Zealand real estate market with increased buyer interest, more properties listed for sale and a long-awaited upward trend in values. Whether you’re a buyer, seller, or both, it’s worth spending a little time examining the findings of a recent survey measuring the state of the market. The House…
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Buying property as the market bounces back after its lull can be challenging, especially for first-timers who’ve not experienced the pressures of sealing a deal. If you have a pre-approved loan, your lender will often set a 12-week deadline before you need to apply again. These buyer guidelines will help you respond quickly to an…
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Buyers use plenty of tricks during a property inspection to look for any flaws in their potential new home. Some open and shut cabinet doors in the kitchen and bathrooms, while others stare at the ceiling above the bathroom to spot dampness, or inspect under the sinks to look for water damage. Paintwork at floor…
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One question that often perplexes many buyers is the value that should be placed on a home in the catchment area of a good school. How much extra should you expect to spend simply because good schools are on your doorstep? Is it worth $20,000 or even $50,000? Of course, if you don’t have a…
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For the first time in more than a year, New Zealand’s property prices have started to edge higher after a long period of interest rate rises. The average price of a home has been benchmarked at $952,000 in the latest House Price Report for October released by the OneRoof website and industry researcher Velocity. Auckland…
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Renovating an apartment can be a tricky business. Owners must follow tightly controlled rules and regulations enforced by a strata committee or owners’ corporation on behalf of all residents in the block. You can’t simply alter the outside of your apartment, such as installing new windows or doors, without written permission. Strata rules, which are…
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If you’re searching for your first property, there’s a lot to think about. Prices are trending up again, you’ll likely wait until next year to see interest rates fall, and it feels as if there are a lot of buyers circling every property you visit. However, the goal and achievement of buying your first home…
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A water heater might be the last piece of domestic equipment you’d expect to fail in late spring or summer. Usually, that little disaster reserves itself for cold winter nights when hot water is essential. However, the unfortunate truth is that a water heater can break down at any time of the year. It usually…
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