Could you benefit from a sale this spring?
Traditionally the busiest period for residential real estate transactions, the spring selling season is just around the corner, but does traditional still apply in 2020?
Buyer appetites
Underpinning New Zealand’s residential housing market following COVID-19 disruption is a strong appetite from buyers eager to capitalise on record low interest rates, the temporary removal of loan-to-value restrictions, and extra money saved on overseas travel.
Strong open home attendance, inquiry numbers, and less time properties are spending on the market all point to an eager pool of buyers ready and willing to take the plunge before the Christmas and New Year break.
Supply
The well-documented difference between supply and demand across New Zealand’s residential housing market has been the catalyst for significant legislative and policy change, transforming our urban boundaries and building processes to create more homes.
However, these changes, further impacted by disruption to our building and construction industries take time to evolve, and demand for quality property continues to outstrip supply, creating competition for well-positioned homes.
If you are considering selling, contact me to discuss our very competitive 'local' rate.
Roger Sumich - Bayleys Whangaparaoa - 029 6666 666
roger.sumich@bayleys.co.nz
Calling All Puzzle Masters! Can You Solve This?
When John was six years old he hammered a nail into his favorite tree to mark his height.
Ten years later at age sixteen, John returned to see how much higher the nail was.
If the tree grew by five centimetres each year, how much higher would the nail be?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Win this brand new home!
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For just $15 a ticket, you could win this brand-new, fully furnished Jennian home, valued at over $1 million.
This home offers three bedrooms, spacious kitchen and living areas, and a double garage.
Whether you decide to make it your dream home, a holiday retreat, a rental property or simply sell it, it’s still a life-changing prize.
Don’t wait—get your tickets today at heartlottery.org.nz.
What's your favourite recipe for courgettes?
Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.