Just when we thought we were heading for Summer – a deluge! It doesn’t seem to have deterred buyers however. This week’s Auctions have all been well attended and bid for. At this point in the year, many vendors are looking to the New Year. If that’s you, we would be keen to help you look at your options. Roll on sunshine!

Interesting to note the comments around how many homes Auckland actually needs. Our observation is that if there was general market acceptance of plaster homes, the shortage would greatly decrease. Of interest, we are starting to observe more purchasers taking onboard these homes and dealing with the issues. We also note many professionals taking on the re-clad and receiving positive reaction to the end product.

It would seem many buyers have a steely resolve to make a purchase decision pre-Christmas. For us, this continues to translate into a near perfect clearance rate at Auction. The question being asked “Is it too late?” “Should I wait until the New Year?” We say no – act now, there are still many unsatisfied buyers looking to make a decision for the start of the new school year.

What an incredible spell of weather! It seems to have put some heat in the market – we’ve never had so many brought forward Auctions. Without exception, this has translated into intense competition and great results for home owners. Thinking of selling – you’ll need to be quick, with just 4 effective selling weeks to Christmas.

As we enter the back straight to the Christmas deadline, we are seeing the seasonal increase in houses listed for sale. The number of buyers does not automatically increase pro-rata, consequently the pressure around the market is spread as buyers take their time digesting the options. This can also mean some sellers may need to adjust their expectations in the face of increased competition.