With the direction of interest rates on the minds of buyers as we enter 2024, many first-time purchasers are settling on an apartment rather than stretching finances further to secure a detached house. Prices of detached properties generally rise faster than apartments because of the intrinsic land value. However, apartment living is becoming increasingly popular,…
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The New Zealand property market is showing signs of a resurgence with a return to positive price trends and a greater volume of homes coming onto the market. Three key factors powering predictions for 2024 include speed of the market downturn, immigration numbers and the possibility that interest rates have peaked. The bottom of the…
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Market predictions indicate that 2024 will herald a property sell-off by many investors, even though prices are rising and the risk of further interest rate increases has all but evaporated. At the heart of concerns is the new National Coalition Government’s plans to shake up the real estate investor market. Under its election policies, the…
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If you plan to sell your property when it’s vacant, one of the most important features will be your flooring. A beautiful timber floor can set a property apart from others if it has been well maintained. It’s a great idea to assess the flooring to determine whether it needs a little TLC before going…
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New Year always sees a new crop of apartments come onto the market as owners seek to upgrade or investors re-evaluate their property portfolios and cash out. If you are in either of these categories, make sure you maximise the value of your apartment by showing it in its best light. Staged apartments featuring fit-for-purpose,…
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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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Ensuring a home attracts buyers has always been a critical part of preparing a property for sale. Sometimes, it doesn’t matter how hard you’ve worked to declutter and generally prepare, there may still be a risk that you could have missed something that will turn buyers away. Follow this checklist to make sure everything is…
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A retreat from the hustle and bustle of daily life, a garden is also somewhere to send the kids when they’re getting under your feet or have used up all their screen time. However, being able to maintain a garden and even make it thrive, can be a mystery for some homeowners who complain they…
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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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