What accent colour inspires you? Interior design is all about balance – nothing really has a value on its own until it is thoughtfully and carefully placed with other items. Accent colours can play a key part in achieving that
A buyer’s market, but not everywhere Last month I started up a survey of real estate agents asking their views on developments during the early days of Level 4 lockdown. The results are available here. Now, in Level 3 with
On 20 April 2020, we posted our conversation with Luke Havler of ARL Lawyers entitled “COVID-19 & Property Settlements” This week, we asked Luke to comment on purchasing a new property “off-the-plans” as part of a development. Since purchasers may
The Reserve Bank has recently removed LVR restrictions for 12 months, which they will review on 1 May 2021. LVR stands for loan to value ratio and it is the amount of lending you have secured against the value of
Is the impact of property prices falling less than you think? With economists predicting a house price drop of 5-10%, the team at homes.co.nz looked at when house prices were last at these levels. Although a 10% decrease in property
We are very pleased to bring you the final supplement from Tony Alexander in his Covid-19 series. Tony was the Chief Economist at the BNZ for 26 years and is now an independent Economics commentator. 28th April 2020 A Few Good
While home buyers and sellers have been stopped in their tracks by COVID-19, it’s good to reflect on past economic traumas and use our time wisely. It was turning into a busy year for real estate until the nationwide lockdown
Should you panic? No, absolutely not. Panic means: sudden uncontrollable fear or anxiety, often causing wildly unthinking behaviour. At times like this, it is crucial to think before acting and prepare in a way that minimises your anxiety. Sometimes recessionary
This Supplement is devoted entirely to housing. I’m going to attempt to produce as long a list as possible of the factors which will be impinging on our housing markets over the coming months and longer-term as a result of
The government announced that we will be moving to level 3 next Monday 27 April, the question is “what will level 3 look like for agents?” What we know is that agents will still be working from home for the main
On 25 March 2020, New Zealand was placed under a Level 4 Alert lockdown for COVID-19 which has left many sellers and buyers of residential property facing uncertainty. So we asked Luke Havler, Property Solicitor from ARL Lawyers, to share
We are very pleased to bring you another interesting supplement from Tony Alexander. Tony was the Chief Economist at the BNZ for 26 years and is now an independent Economics commentator. 14th April 2020 Last Wednesday I sent a survey request
New Zealand is in the middle of a unique situation, and it is likely to be stressful for all parties involved in a transaction. Be kind, and consider the needs of others when you’re communicating about a transaction. The Real
We are very pleased to be able to share the following insights recently authored by Tony Alexander. Tony was the Chief Economist at the BNZ for 26 years and is now an independent Economics speaker. 6th April 2020. Last Wednesday
What is it? You delay payments by a period of time and add these to your mortgage to be repaid at a later date. You effectively borrow money from the bank to pay for your upcoming payments. You make no
