Friday, July 31, 2009

Demand remains firm

While there continues to be notes of caution around the economy, we observe an increasing positive vibe around the marketplace. We’ve read various commentators reason why there is more downside to come, the thing no one is talking about is supply and demand. The reality is in the areas we serve, demand is firm. Until that changes significantly, values will remain intact.

Sunday, July 19, 2009

'Strong signs of recovery'

Fascinating to see how quickly the headlines change. How fickle we all are. Just months ago the press and punters were seeing ongoing downside in the residential market. This morning’s Herald editorial now warns of the perils of an improving housing market. Our summary – in uncertain times, particularly in a low interest rate environment, the smart money heads for the security of bricks and mortar.

Thursday, July 2, 2009

Think of selling, what are you waiting for?

Those homeowners going to the market now are winning. While some homeowners are waiting to list in spring – buyers aren’t waiting for anything.

We see something of this phenomenon every year, but it’s particularly exaggerated right now. View Alistair Helm's latest property report from RealEstate.co.nz here.