by Graham McIntyre | Jul 27, 2016 | House$ales
Three months of selling time before Christmas. We are on the short slope to spring, the days are getting longer, the lambs and the daffodils will soon be dancing the fields, and before you can blink the big man with the red coat and the white beard will be shooting down the chimney. What we would like to point out is that if you are considering a change in your real estate situation you should be getting us in to appraise your property and step you through the pre-sale checklist to ensure you can achieve the very best return on your property. The Reserve Bank seems determined to implement additional mortgage lending criteria, let’s call them short term dampening moves to curb the housing demand. Problem being that most of demand is created by syndicates and consortiums that are not subject to traditional mortgage borrowing. The buyer profiles we are often working with have five or six homes in a range of areas and have a long term buy and hold strategy. Therefore the latest regulations implemented on overseas buyers are irrelevant while the loan to income ratio envelope will further disadvantage hard working first home buyers wanting to create family security and sovereignty. Chances are we haven’t seen the end of changes to buyer controls. On a brighter note, let’s see what the market has achieved this month: Coatesville lifestyle from $1,080,000 to $1,850,000. Helensville residential from $520,000 to $721,000. Parakai residential from $312,000 to $650,000. Huapai residential from $835,000 to $987,500. Kumeu lifestyle from $915,000 to $7,025,000. Riverhead residential $660,000 to $1,350,000. Riverhead lifestyle from $2,110,000 to...
by Graham McIntyre | Jul 4, 2016 | House$ales
Market Report with Graham July heralds the downhill slope toward Christmas and the reality will soon dawn that you have about four months of selling before 2016 comes to an end. Therefore if you are thinking about a change in your real estate position it may be the best time to start thinking, talking and planning. Strong interest in property from a broad cross section of investors, families, upsizers and downsizers. Although banks are taking steps to further restrict borrowing outside the risk envelope there seems to be no letup in the ability for syndicates to gather offshore funds to procure property that will be subject to subdivision or a favourable rental return. Let’s consider the markets: Coatesville lifestyle from $1,560,000 to $3,250,000. Helensville lifestyle from $935,000 to $1,025,000. Helensville residential from $369,000 to $750,000. Huapai and Kumeu lifestyle from $1,950,000 to $3,000,000. Huapai and Kumeu residential from $725,000 to $1,075,000. Muriwai lifestyle at $2,275,000. Muriwai residential from $730,000 to $1,267,000. Parakai residential from $475,000 to $485,000. Riverhead residential from $ 960,000 to $1,295,000. Taupaki lifestyle at $3,720,000. Waimauku lifestyle from $1,100,000 to $1,315,000. Waimauku residential from $698,500 to $1,305,000. Waitakere residential at $677,000. Whenuapai residential from $1,300,000 to $1,790,000. Woodhill lifestyle at $4,400,000. Great news is that Mike Pero Real Estate has an exceptional multimedia marketing programme including television exposure, magazine exposure, and signage at no cost. Further to this we have exclusive TradeMe special offers and digital upgrades to ensure you get the very biggest marketing exposure, with a very sensible commission rate. See more at www.grahammcintyre.co.nz or phone us directly on 0800 900 700. Mike Pero...
by Graham McIntyre | Jul 4, 2016 | House$ales
Market report with Graham July heralds the downhill slope toward Christmas and the reality will soon dawn that you have about four months of selling months before 2016 comes to an end. Therefore if you are thinking about a change in your real estate position it may be the best time to start thinking, talking and planning. Strong interest in property from a broad cross section of investors, families, upsizers and downsizers. Although banks are taking steps to further restrict borrowing outside the risk envelope there seems to be no letup in the ability for syndicates to gather offshore funds to procure property that will be subject to subdivision or a favourable rental return. Let’s consider the markets: Herald Island residential from $2,400,000 to $3,050,000 Hobsonville residential from $1,050,000 to $1,240,000 Massey residential from $550,000 to $1,030,000 Waitakere residential at $677,000 West Harbour residential from $799,000 to $1,446,000 Whenuapai residential from $1,300,000 to $1,765,000 Great news is that Mike Pero Real Estate has an exceptional multimedia marketing program including television exposure, magazine exposure, and signage at no cost. Further to this we have exclusive TradeMe special offers and digital upgrades to ensure you get the very biggest marketing exposure, with a very sensible commission rate. See more at www.grahammcintyre.co.nz or phone us directly on 0800 900 700. Mike Pero Real Estate Hobsonville – It’s not about the talk, it’s walking the talk. Licensed REAA (2008).Real Estate Table...
