Weekly Snapshot – 30 June 2023
It’s the bottom of the market and the first home buyers are stepping up to the plate in droves and swinging hard in the hopes of landing a home run. They know what most know, prices are going to rise again, they may have already begun rising, and once again home ownership dreams will stretch
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Weekly Snapshot – 23 June 2023
After a comprehensive market update last week this one is short and sweet. We are about a month into the noticeable change in tune from the media and market commentators and this is slowly having an effect on buyer emotion. Every where you look the articles talk about the market turning, the bottom of the
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Monthly Snapshot – 16 June 2023
REINZ data for May was released this week and whilst it’s not definitive, it is supportive of the general consensus that prices have bottomed out. Market stats, media commentary, and general market sentiment always follows what is actually happening in real time, so while the consensus from Real Estate agents all across Auckland and around
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Weekly Snapshot – 09 June 2023
How’s the market? We’ve been feeling that the market has been warming since our very first open home weekend back in January and in our opinion it’s been building ever since. However auction clearance rates, which are usually the barometer, haven’t really supported this as they remain historically low for the top two blue brands
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Weekly Snapshot – 02 June 2023
How’s the market?Well It seems the media is starting to join in on what many of the more active and busy agents like us have been saying for sometime. The markets heating up! Prices have bottomed and interest rates have peaked, activity is good, demand is growing, and with stock levels and new listings falling
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Weekly Snapshot – 26 May 2023
How’s the market? A couple of weeks ago I mentioned Ray White Remuera selling a property at Auction for $7.7m with 7 bidders. Ray White Mt Eden with over 30 offers on 3 properties and our team with averaging 5 offers per property and just 23 days on the market so far this year. Well
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Weekly Snapshot – 19 May 2023
No market insight from me today apart from the standard section below – and I know there is the budget chat but that’s not my domain, there’s about 400 thousand articles and opinions online you can find – you don’t need mine. No today is about spreading the aroha and getting behind Pink Shirt day
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Weekly Snapshot – 05 May 2023
Nothing much new to add this week I’m sorry after a couple of in depth reports these past couple of weeks. We will hopefully have the April data next week, and we will have the Ray White auction data for you so look out for that! Be sure to check out our cracking new listing
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Weekly Snapshot – 28 April 2023
This week the RBNZ announced an easing of the LVR ratios, raising the maximum amount which a bank can lend at less than 20% deposit from 10% to 15% for owner occupiers effective from June 1. Banks tend to keep there books within a couple of percent of the limit, so at the moment that’s
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Monthly Snapshot – 21 April 2023
As the school holidays draw to a close, it’s been all go for us here at the B:Hive with the brand change to Ray White. I can’t say how excited I am about the move. Ray White has been a leader in progressive innovation & marketing in our industry for many years now, which is
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