Posted on February 26th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
The New Zealand economy accelerated going into the end of 2012. Construction volume’s rose by 10% in December after following a steady increase in building consents through the middle and last quarter of last year. The real estate activity continues to pick up as house prices continue to increase on the back of a deficit […]
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Posted on February 25th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
New Listing: Massey: MWP. Roll Up Your Sleeves for This One! 2 levels, Mod kitchen, gas cook top, electric wall oven, combined dining, family room and 5 double bedrooms, master ensuite and 2 bathrooms, plus separate formal living. Internal access double garage and easy care FH section with Bus Stop at front gate and High […]
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Posted on February 19th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Traditionally the real estate market’s year begins slowly, with holidays, family, beach and sun shine on the minds of most potential purchasers. At the end of January, residential stock levels were the lowest level since January 2007 across the country. The average measure of stock in January dropped to 28.7 weeks of stock, based on […]
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Posted on February 15th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
8300 loans approved second week of January 2013, over 23% more for the same time last year, but some may have been refinancing, with some switching to fixed rates averaging 5.29%, but floating is averaging 5.79%. Due to Aucklands market, Bill English, stated that Auckland Council needs to have more land to build affordable houses. […]
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Posted on February 15th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
It’s time to write those property investment goals. Identify what your life goals are and how you need to invest. Do you need high return from an investment property, producing a yield that covers borrowing or are you a long term investor, investing for retirement? Review what type of investor you are; ‘the renovator’, ‘the […]
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Posted on February 11th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Both number of sales and the average sale price fell for the month of January. But this January was still the best January for the last 5 years. It’s still too early, but it may be a sign that the market is flattening out. Lack of supply could explain the relative slow month, but January […]
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Posted on February 11th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
First National Real Estate Group’s January 2013 Residential survey revealed an increase in first home buyer activity across the country. The results reveal that the ‘first home’ segments of buyers were the major purchases of residential homes in many areas across the country. While the media have focused on the lack of affordability of first […]
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Posted on February 8th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Aucklanders are buying beach properties in holiday locations up North. Over half of the sales of holiday homes/family homes have been to Aucklanders. Sale prices in the Northland area have risen 6.3% and number of properties have increased over 37% for December 2012 over December 2011. This has been the best, it has been for […]
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Posted on February 8th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
In December 2012 the National Head Office shifted from Tauranga to Auckland. You can find us in Building 5, Level 2 Central Park Business Complex. 666 Great South Road, Penrose. You cant miss us, step out of the lift and look for the giant ‘swash’ on the office doors.
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