At risk of sounding like a know it all, I will say, “I have seen it all before”. Yes, what we are experiencing in this market has happened before, not once but many times. This is how it plays out –
The most positive news for the real estate market this year was last week’s announcement of a fast-track pathway to New Zealand residency.
Over the past few years, the real estate market has primarily favoured the seller. If you were thinking about selling, you could easily find real estate agents who were willing to work with you for practically nothing to secure your listing and sell your home.
Professionals Group recently held the Annual National Sales Awards in Auckland where agents around the country came together to celebrate the success and achievements of the past year;
...since then, interest rates have climbed, and prices have fallen.
Lower Hutt is now seeing a series of apartment developments popping up that are conversions of former office blocks which have been vacant for some time in central Lower Hutt.
Professionals recently held a First Home Buyer’s Seminar at our Cornwall Street office, topics included what products are available to assist with getting on the property ladder.
All buyers have their own opinion on when it is the best time to buy a new home, many saying that winter is not the best time, that spring and early summer is a better time.
The market change has been much faster than most expected but so was the momentum that led up to the present, where prices increased 45% in just two years.
Surprisingly, the hardest time to buy a property is when no one else is, yet when we look back on other quiet markets.
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