The first signs of a turn in fortunes for the property market are starting to appear, giving hope that values might begin to recover this year. National immigration numbers have quickly reversed their negative trends, which will positively impact demand within the real estate market. From losing 16,000 people a year in the Covid aftermath,…
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Deciding whether to sell your existing home before buying a new one or buying now and selling later can depend on your individual circumstances, financial situation, and the current state of the real estate market. Here are some tips and tricks to look out for if you are thinking of buying or selling: Do your…
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Real estate marketing techniques are constantly changing in a bid to attract attention to your property and create compelling reasons for a buyer to fall in love with your home. If you’re selling a prestige home, or even a property that appeals to the mid-market, drone video is one of the latest tools available to…
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If you feel like you’ve spent half your summer shaking sand out of towels, washing swimmers, rashies and other sundry items, then you’re probably ready to have a conversation about revamping your laundry. From a real estate point of view, the humble laundry is an unsung hero because it can set your property apart when…
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Buying an older home may be a great way to secure the perfect location in your search for a dream property. But, once you move in, it may be worth considering making some changes to the house so it is more energy-efficient and environmentally friendly. Some of the upgrades you could consider include adding or…
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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 Silicon Valley Bank collapsing in America and Credit Suisse coming close in Switzerland, you might be wondering about the resilience of New Zealand banks. The good news is that all of the main banks are currently operating above the minimum regulatory requirements, according to the Reserve Bank of New Zealand (RBNZ). “We are aware…
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You might have heard that property prices double every 10 years. But is it true? Well, data from realestate.co.nz found that more than half of New Zealand’s 76 districts experienced a doubling in their average asking price over the decade to 2022. The biggest increases occurred in: Kawerau = up 293.9% to $494,172. Horowhenua =…
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The government has introduced the Severe Weather Emergency Legislation Bill to minimise the red tape involved in the recovery and rebuild from Cyclone Gabrielle. This bill is designed to remove or modify existing legislative constraints to support recovery, just like similar legislation that was passed after the Christchurch and Kaikōura earthquakes. Minister for Emergency Management…
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The tragic Auckland floods, Cyclone Gabrielle, and the recent surge in construction costs have thrown a harsh spotlight on the need for home insurance. Being underinsured can leave deep financial scars. More than 20,000 claims related to the Auckland floods have been made, and more are expected. It’s New Zealand’s largest climate-related insurance event, according…
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