Property Market Stabilising

We note Quotable Value has come out this week with evidence of the property market now stabilising after a fall of 5.6% from the November 2007 peak – nationwide. This is a long way from the doomsayers’ predictions over the same period – makes you think.

Encouraging to see Kiwibank 2 year fixed rates fall to 6.59%. While most would agree, it’s been a tough year – there’s no doubt that for many, the current interest rate environment is providing a window of opportunity into home ownership.

Decision Time

With the last week of November upon us, decision time is looming for both buyer and seller as Christmas approaches. We observe the opportunity to sell for home owners is a brief moment in time, as buyers bid or offer, then move on – such is the current selection.

On-site Works!

We were encouraged to witness strong attendance and ‘under the hammer’ sales at this week’s Auctions. On site Auctions require more effort for everyone involved which, for us, includes both our management and sales team. However in the current ‘moment in time’ marketplace, it is this focus that is achieving results.

Flight to Quality

The flight to quality property has had us defy the industry trend to ever dwindling monthly sales volumes. We are thankful that, at last, discerning home owners are taking note that the achievement of a top result requires the dedicated hands-on approach and in-house marketing support we have refined over 16 years.