Market Update July 2022

Published by: Professionals Redcoats, Jul 29, 2022 11:10:49 AM

Professionals recently held a First Home Buyer’s Seminar at our Cornwall Street office, where some of our agents talked about why renters might like to own their own home and what products are available to assist with getting on the property ladder. We were fortunate to have Kāinga Ora attend to dis..

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Topics: Market Update

Market Update June 2022

Published by: Professionals Redcoats, Jun 29, 2022 3:32:14 PM

All buyers have their own opinion on when it is the best time to buy a new home, many saying that winter is not the best time, that spring and early summer is a better time, and real estate trends show more transactions in spring than in winter. Not all buyers want to be traipsing around looking at ..

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Topics: Market Update

Market Update May 2022

Published by: Professionals Redcoats, May 26, 2022 8:51:12 AM

It’s old news that New Zealand’s housing market has turned a corner, with the supply of properties for sale in Lower Hutt having quadrupled from what was available 12 months ago. The market change has been much faster than most expected but so was the momentum that led up to the present, where price..

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Market Update April 2022

Published by: Professionals Redcoats, Apr 27, 2022 3:59:07 PM

Surprisingly, the hardest time to buy a property is when no one else is, yet when we look back on other quiet markets, it’s normally with regret we didn’t jump in at that time. We find comfort following the crowd, yet right now some of our most successful investor clients are active. When thinking a..

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Topics: Market Update

Identifying and Reducing – Stress Edition

Published by: Professionals Redcoats, Apr 13, 2022 8:30:00 AM

It is often hard for somebody to identify or admit that they are stressed, let alone find a way to cope with that stress.  Below you will find five signs to help you identify when you are stressed and five ways to reduce that stress.

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Market Update March 2022

Published by: Professionals Redcoats, Mar 30, 2022 11:21:17 AM

Four months ago, there were 180 homes for sale in Lower Hutt, now there are well over 600. So, is now the right time to buy or sell? There are articles about where the market might be going, we’ve seen various predictions all before. Let’s just say, none of us are so clever that we really know when ..

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Topics: Market Update

Market Update February 2022

Published by: Professionals Redcoats, Mar 1, 2022 2:54:05 PM

New laws that came into effect in 2021 have stirred the pot for New Zealand’s property and rental markets. New lending restrictions introduced to the Credit Contracts and Consumer Finance Act (CCCFA), Loan to Value Ratios (LVR) rules, and the removal of interest deductibility on investment propertie..

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Topics: Market Update

Market Update September 2021

Published by: Professionals Redcoats, Sep 17, 2021 4:56:20 PM

Another month of records: national average asking price is now $900,671, with the lowest housing stock since records began 14 years ago.

When the lockdown began on the 18th of August, we were coming out of the usual low volume of listings that we experience every winter. Instead of going into our bu..

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Topics: Market Update

Market Update July 2021

Published by: Professionals Redcoats, Jul 27, 2021 10:00:58 AM

When we say no, we are saying yes to something else.

We are in a transitional market going from a community of single storey homes on enough land to kick a ball to rows and streets full of terraced homes on postage stamp size sections.

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Topics: Market Update

Market Update June 2021

Published by: Professionals Redcoats, Jun 28, 2021 2:45:10 PM

New build tax exemption means new opportunities for investors.

The housing market is set to get a shake up with the announcement that new residential builds will not be hit by the phasing out of loan interest offsetting against rental income. The government has confirmed investors can still claim ba..

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Topics: Market Trends

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