Average dairy prices fell by 4% which is not unexpected, this is a supply and demand situation, and was a forecasted. Unemployment dropped to 6.4 % for the last quarter, down from 6.6%. The NBNZ Business Outlook showed 2012 to have started on a confident note. A net 28% of businesses expect better times for […]
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Why would you spend money on advertising your property? When selling your largest asset you need to reach the largest audience possible. We at First National are committed to promote your home, lifestyle or rural property to its best advantage. One avenue for advertising that is possibly generating up to 70% of our buyer leads […]
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“Leaky homes” is an issue that is not going to go away, legislation protecting the consumer is being in acted and evolving continually. There is a responsibility on you as a vendor to be transparent in your discussions with me. If you have or suspect that there are water tightness issues let’s work through those […]
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We are hearing positive growth forecast in the first BNZ – REINZ Residential Market Survey for 2012: which has found a reasonably sharp turn for the better in New Zealand housing market activity. Each of our eight major measures of housing market strength has risen over the past month to show a residential real estate […]
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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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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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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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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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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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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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