Posted on December 22nd, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
After an increase in vacancies earlier in the year the entire market has closed up again with most of our offices reflecting our own situation; not much spare capacity. Again I have to add that the better presented, warmer, drier and modernised properties are being snapped up while others languish unloved…seemingly by both owners and […]
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Posted on December 19th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
So, 100 more people left the country last month than arrived. Most went to Australia. Records indicate many were youngsters and others, young families seeking higher paid semi-skilled and unskilled work. Not good, but not new. Records also show that the Australian job market is drying up as their economy slows…usually this sees a quick […]
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Posted on December 16th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Another shift in the market is being noticed right across the industry and the country sees an increase in lifestyle property sales. While I can’t define the background with real precision, reports are that following changes in pricing these past few years, buyers are recognising that there is, in many instances, a better “bang for […]
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Posted on December 13th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Same old, same old! While sales volumes are up from the short ‘stall’ during the Rugby World Cup, they are really just a continuation of the better parts of 2011. Well priced, very well presented, [and I mean that] homes are selling quickly no matter what sector of the market they sit. As I mentioned […]
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Posted on December 6th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
There’s just no doubt about it, the better farm incomes enjoyed by most rural sectors this past year or so are having a real effect on rental and purchase demand in rural service towns and the larger regional towns and cities. Increased farm expenditure and an increase in on-farm staff seems to be driving those […]
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Posted on December 6th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
commented last time that it seemed as though interest rates would remain low into 2012! Well, with the drama in Europe that seems likely well into if not through next year. A lot of this has to do with European [and other] governments dropping their OCR rates, thus making it cheaper for our banks to […]
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