Tag: Upper Hutt
The Balance Has Shifted Towards the Vendor
Hi folks,
For those of you involved in the property market, whether buyer or seller I can confirm, for the first time in a long time that the balance has shifted towards the vendor once more. The number of sales is up and the number of listings is way down in Upper Hutt.
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Best Real Estate Sales in Six Years!
Hi folks,
I haven’t addressed the Upper Hutt market for a while and having recently seen the sales stats I thought this would be a great opportunity to catch up. The first thing to note is that the March 2013 was the best sales month in the last 6 years with 95 sales! This coincides with the lowest levels of stock available for some considerable time showing that the supply demand imbalance may be turning to favour vendors.
Maximising Income From Rental Property
Hi folks,
Most experienced investors understand that $500 a week for fifty two weeks a year means more money in their pocket than $550 a week with several weeks vacancy during the year. So if maximising income from rental property investment comes from keeping their properties occupied, why do some landlords charge such high rents that their tenants move on whenever they get the chance and new tenants are slow to move in?
Sales Levels Are Now More Consistent
Hi folks,
I thought it was time to revisit the Upper Hutt market as I haven’t done so for a while and it seems to be the only thing I talk about these days. Memo to self, try to get more of a life!
Is It Really a Sellers' Market?
Hi folks,
I haven’t spoken about the Upper Hutt market for a couple of months so I’m well overdue addressing a couple of things. Firstly let me offer my opinion about recent media reports saying about how the market is at a record high and it’s a sellers’ market. I’m sure they are completely correct in Auckland or Christchurch but completely wrong in the Wellington region.
Thank You For a Great 2011, Vendors!
Hi folks,
Well I can’t believe it’s that time of year again! I’m sure it was Easter only last week. As they say time flies when you’re having fun so I must have had a fun time in 2011. This is my last column of the year and what a great year it has been, for me both professionally and personally and I hope in m y own small way that I have made it a great year for a good number of people.
The Best Month For Selling
Hi folks,
During the last four years there haven’t been many positive property market reports, you may see one article saying prices have dropped one month and the people who say it then say prices have risen the next month. I prefer to take a year on year perspective, January on January, February on February etc, so with this in mind I am delighted to say that the number of property sales in Upper Hutt has risen again. There were 52 property sales in October 2011 compared with 32 in October 2010.
Upper Hutt sales figures improve
Hi folks,
At the time of you reading this the result of the World Cup will be known and New Zealand will be either euphoric or in severe depression. As you may have guessed I’m writing this prior to the final and all I can say is "GO THE AB’S" I’m predicting a euphoric New Zealand for four more years to paraphrase George Gregan.
The Upper Hutt market is always evolving
Hi folks,
I haven’t discussed the property market directly in Upper Hutt for a while so as daylight saving is now here and spring is upon us it seems a good time to look at the year to date. As ever with the property market as soon as I think I have a handle on what’s happening everything changes!
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Upper Hutt Market Update
Hi folks,
I thought it was time for a review of the property market in Upper Hutt having not done one for a while and yet again the sales statistics make for interesting reading. There are still very negative media reports about the property market almost everywhere in New Zealand with the possible exception of Auckland but you have to take into account a considerably larger population in Auckland that seems to be growing in contrast to much of the rest of the country.