New data from property media company OneRoof provides a stark view of the current housing market in New Zealand as pressure continues to build on the Reserve Bank (RBNZ) to drop interest rates. In the past month, it has kept the Official Cash Rate (OCR) at 5.5% – significantly higher than Australia’s (4.56%) and Canada’s…
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Many homeowners will soon begin to consider listing their property for the upcoming spring real estate market. Spring is traditionally a peak time for home sales due to increased buyer activity and favourable weather conditions. As an experienced real estate agency in your area, we’d recommend you begin thinking about a spring sale today. The…
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If you’re considering putting your property on the market in the next few months to catch the spring selling season, you’ll likely be researching New Zealand’s real estate trends. With house prices still averaging $975,000 and rising nationally by 3.3% year-on-year, you’d be right in thinking we have a solid, if not spectacular, market. Yet,…
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First-home buyers remain the dominant group in the Kiwi real estate market, buying more than 40% of all properties in the first half of this year. With listings up 120% in less than three years, first-home buyers are enjoying a wider choice of properties and a strong negotiating position. They’ll likely receive a further boost…
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Purchasing an investment property is very different to buying a home for yourself. It’s natural to be caught up in the emotion of purchasing a home you plan to live in. But you must be clear-eyed and focused on the bottom line with an investment property. You want to weigh the cost against the prospective…
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Simultaneous settlements – the selling and buying of a home at the same time – happen every day. But sometimes, the wheels of property fortune do not roll so sweetly. If you’re selling before you find the next property of your dreams, you could find yourself “homeless” – at least for a short period. The…
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There are few things more emotionally distressing – to say nothing of financially difficult – than cleaning up a home after a flood. Finding badly damaged, much-loved items is particularly heart-breaking. Yet even the unprepared should take heart: while some damaged items will have to be thrown away, others can be restored. Clothes and linen…
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If you’re preparing to sell your home, never underestimate the impact of a quality rug to give rooms an extra lift in the eyes of the buyer. More than floor coverings, a good rug is a piece of art, adding personality and warmth to any room. However, it’s important they are well maintained, or they…
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A well-designed kitchen is the heart of a home – and a significant selling point. A quality kitchen renovation can add up to 15% to the value of your property. When functional and well-planned, it’s is a drawcard for potential buyers and can make all the difference in a competitive market. So, if you’re considering…
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When selling your home, making a great first impression on potential buyers is vital. A tidy, organised home looks more appealing, and attention to its presentation can add thousands of dollars to your eventual sale price. But let’s face it, decluttering can feel like a daunting task, especially when life is already busy. With a…
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