Posted on February 25th, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Again, well heralded but now ‘coming home to roost’ is the situation where lack of building, a growing population and a constant stream of immigrants seeking homes, NZers overseas sending money home to buy…..are all adding up to a major and concerning lack of rental vacancies virtually nationwide. Concurrently investors are in some areas looking […]
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Posted on February 20th, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
If you are thinking of a real estate change this year, keep your eyes out for incentive offers from the banks. We’ve commented before on this, but they have a lot of money at present and need to have it out in the market, so offers expect incentives. Oh, and don’t be afraid to ask […]
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Posted on February 17th, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Nationally, we’ve just come through the busiest December-January sales season in many years! No doubt it’s driven by more NZers staying home as we predicted a few months ago, rotten weather chasing them home, or a constant inflow of immigrants and all compounded by a real lack of new homes being built. In short though, […]
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Posted on February 13th, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
We’ve been in the property industry a fair time now and know all the best service providers sellers and buyers need to talk with as they pursue their next step in life. Sadly, in these litigious times, our knowledge and experience cannot be conveyed to you! It all stems from a situation like this, where […]
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Posted on February 10th, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Discussions with several of the major banks this past week have unearthed the fact that each is sitting on more pre-approved mortgages than at any time since 2006! While they cannot refer to formal research as to why buyers are not moving, anecdotal reports coming from their branches indicate buyers are being very selective and […]
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Posted on February 7th, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
A bit like a broken record really, but yet again Dr Bollard has held the COR and 2.5% and indicated what all the pundits have been saying, that rates will likely remain low through the end of this year and pending progress and reach of the Euro crisis, possibly well into 2013. One thing this […]
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