colinrealestate

In yet another confirmation that the marketplace across the board suffers from a lack of confidence come reports from First National’s monthly survey*. First National offices across the country reported that when the weather smiles, buyers look to the future and visit open homes and enquire about listings in markedly increased numbers.

While that doesn’t predict major lifts in enquiry into the future it does tell us that when, and only when, New Zealanders feel confident about their employment and financial future, they will act on pent up frustration about their present living arrangements.

The past couple of weeks has seen, from most banks, reports that people who carry pre-approved loans since back in January have been coming back to local branches in huge numbers these past two or three weeks, seeking confirmation that the original offers still stand.

If you’re a seller, make sure your home is the tidiest, most appealing and well-priced home on the block every day, every week because that day will come.

*The First National Group’s monthly survey, representing around 450 salespeople in approx 70 offices nationwide, includes buyer enquiry indicators, sales volumes, listing level measures, and buying and selling trends.

Filed under: REAL ESTATE | Tagged: Real Estate