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Good news for First-Home Buyers

Posted by Impression on 20, Sep 2017

There’s some good news that’s emerged from the doom and gloom of the winter sales numbers: more first-home buyers are making their move. CoreLogic reports that first-time buyers made up 23.4% of all buyers in August, “their highest share in almost four years”. 

What first-time buyers purchasing? 

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Interest Rates declining in competitive market

Posted by Impression on 20, Sep 2017

Sales volumes are low right now and there are few buyers for banks to lend to.

That means banks are fighting over the buyers who are out there and that’s a real advantage if you’re in the market this spring.

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From Black Cap to meth tester

Posted by Impression on 19, Sep 2017

‘Two-metre Peter’ Fulton has recently finished his career as a batsman for the Black Caps, and he’s started his own methamphetamine testing company in Christchurch. The former international cricketer is now visiting properties to test levels of P and report back to owners and prospective buyers.

He’s balancing that with the role of cricket coach for Christ’s College, so the kids there can get the benefit of his 10 years of experience as a Black Cap. 

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The Block shows the changing face of Auckland Housing

Posted by Impression on 19, Sep 2017

Love it or hate it, The Block really demonstrates the changing face of Auckland’s real estate market. It started in 2012 with four standalone houses in Takapuna – pricey suburb, with a collective auction price for all four houses of $3.434 million. All four houses were sold last year for a total of $7.435 million and have been removed so a six-level apartment block can be constructed on the site.

Doubled in price, but it’s all about land value… No surprises there. 

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New CVs will be out in November

Posted by Impression on 19, Sep 2017

The latest round of Auckland Council valuations – your property’s CV – will be released in November. The value represents what the Council considers the market value of your property as at an earlier date in the year (last time it was the first of July).

These are often inaccurate, so don’t be alarmed if you think your CV is too high or too low.

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