colinrealestate

An interesting trend coming out of Australia is the growing number of landlords who promote their rental properties as being “Pet Friendly”. Clever thinking when you realize that over 60% of households have at least one pet. Weekly rental costs are a little higher to take care of cleaning etc but it seems these homes […]

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It’s all been said these past few days as the country comes to terms with New Zealand’s largest natural disaster ever. More properties damaged, more workplaces debilitated, more roads and overall infrastructure destroyed in the area than in any single event in our history. Over 450,000 people are directly impacted by the event. To complete […]

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For those in the current position of seeking work, who are involved (or would like to be involved) in the construction allied sectors, building supplies, heavy machinery and transport, valuation and planning sectors and more … all will benefit from the huge demands the resurrection of Christchurch will require. Rough estimates from Treasury indicate that […]

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We’ve said it before, but tenants, on average, are seeking more comfort for their dollar these days and after such a long wet winter it seems those demands will only grow. Astute landlords are reviewing insulation, water proofing, heating and décor as they compete for the attentions of discerning tenants.

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One thing we can say is that there are buyers in the wings for farms and run-offs but they remain conservative in their offers and challenged by the equity demands of lenders. Corporate buyers are less significant players in the market than in recent times.

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Good news from Dr Bollard recently! In raising the Official Cash Rate -the device that sets virtually all lending interest rates- by 0.25%, he commented that in view of the sluggish internal economy, he felt it unlikely that interest rates would rise much more in the next 18 months. Many will now adjust to Variable […]

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Once the new rules regarding depreciation on property investments were made clear in the Budget, those multiple-property owners exposed to financial stress had several months to decide and act on their response. What we are seeing already is that a proportion, certainly a minority, are quietly placing on the market those properties they believe they […]

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After a tough couple of years for small and medium business owners across the country, there are presently large numbers of premises available for sale in most centres… certainly many more options are available to buyers now than in previous years. What we are seeing as a result is astute, well-founded investors purchasing well-positioned property […]

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Up and down the country we’re seeing a gradual increase in interest from purchasers in both the rural and lifestyle sectors, though as with all things real estate, funding can be a challenge still. Banks remain conservative in their approach to rural mortgages, and given the constant change in world financial markets we have to […]

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Sure, a proportion of the Tax Cuts we all receive from October, will be taken back in the 2.5% increase in GST, but advice we’re receiving from economists is that we should put any residual funds to good use. And what’s good use mean? Well, savings, paying off credit cards and other loans…and yes, even […]

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