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!\u00a0 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 frankly, don\u2019t have a wide selection of listings to view.<\/p>\n
Now of course any general comment like that will immediately be the opposite of what\u2019s going on in some localities but it does match our challenge of finding more vendors confident that now is a good time to sell\u2026must be<\/p>\n","protected":false},"excerpt":{"rendered":"
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!\u00a0 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 […]<\/p>\n","protected":false},"author":1116,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"BANKS HAVE THE MONEY, BUYERS RETICENT TO USE IT - colinrealestate","description":"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 20"},"footnotes":""},"categories":[5532],"tags":[5533],"class_list":["post-369","post","type-post","status-publish","format-standard","hentry","category-real-estate-2","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/users\/1116"}],"replies":[{"embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=369"}],"version-history":[{"count":1,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/369\/revisions"}],"predecessor-version":[{"id":370,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/369\/revisions\/370"}],"wp:attachment":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}