Climate change

Last Sunday we auctioned 18 Rangitoto Ave, Remuera. The property had been the subject of an intense auction campaign with hundreds of hits on our website and over 100 people physically viewing the property. This culminated with incredibly competitive bidding on the day and a sale under the hammer of $2,220,000.

For us, this was just another verification of what we had been sensing and others had been saying. There is a change in the wind. Buyers are hunting hard. To those considering selling, now is your time. Open home numbers and inquiry levels are on the increase.

Great time to buy!

Today the Herald published an article confirming what we've been saying for a while now. Now may be your best buying opportunity! Click here to browse our latest offerings.

Good news

You can’t beat good news! The medal haul at the Olympics, alongside the All Black win managed to make us smile in spite of the weather. More good news! Wizard Home Loans report housing affordability at its best level since February 2007. If you put this alongside October 1 Tax Cuts, ongoing OCR reductions and spring time approaching, there is a recipe for an improving housing market – in sales volumes at least. Click here to read the article.

Go Mahe!

Hey it’s Olympic week and as at this Friday night we are all on tenterhooks in anticipation of some medals – let’s hope!

Speaking of competition, we have witnessed again some spirited bidding with another wonderful auction sale under the hammer and bidders lining up on several other forthcoming auctions. Similarly sales are being made off market, some for good prices.

It would be great to see a change in the weather, in spite of the ongoing downpours, we wonder if there is not a hint of change of season in the residential market.

Still waiting? Think again.

Hey some good news – the All Blacks are back on track with a great win, petrol prices are falling and we enjoyed 100% success at our Auctions this week. Many home owners we are currently talking to are of the belief it is a bad time to be selling. For us anyway, we are experiencing frustration from many buyers looking for quality homes in Auckland's preferred suburbs. Several of our open homes have fielded up to 50 groups viewing over the weekend.

It would seem we may be headed for the traditional Spring time listing season as home owners wait for gardens to improve. Buyers are already factoring in another round of lower interest rates from the Reserve Bank, they’re ready to move.

Of interest we noticed a significant increase in the number of hits on our website immediately following the Official Cash Rate decrease.

If you are considering selling, you could be well advised to consider listing sooner rather than later.