The property market – signs of life and what it means for buyers
With interest rates beginning their downward shift, some of you might be considering buying or selling – whether as first-time buyers or looking to make a move. I’ll go into a lot more detail about buying and selling in my February newsletter, but I reckon there are some important property market developments worth considering now. […]
Talking to the experts – what’s really happening in the property market?
Let’s face it, we Kiwis are obsessed with property. It’s a national pastime, right up there with rugby and complaining about the weather. Whether…
What the new government means for borrowers
At the time of writing (13 Nov 2023), the coalition partners had yet to form a government so there’s every chance the property-related policy we end up with will be a watered-down version of what everyone was actually hoping for, irrespective of whether you voted blue, black or whatever colour Act is (are they light […]
The buyer’s market has gone
It’s never one thing on its own that makes a market change; there are many factors, and wouldn’t you know it, they’re all moving simultaneously. We’ve noticed a marked change in activity since our last newsletter, reflecting that several factors have converged. It’s led us to conclude that the bottom of the market is probably […]
Property market FOMO: I’m living it.
About a month ago, a lady knocked on my front door and she said “Cam, would you be interested in selling your house?”. Kirsty and I had actually talked about selling and moving on to something new but it wasn’t part of our immediate plans. Still, the question was a welcome surprise and I said […]
Time to refinance: Should you?
Before I answer that question it’s worth defining what ‘refinance’ actually means because it’s a word people use in different ways. So, when you talk about refinancing, which one do you mean? In most cases it’s all of them! Yes you want a good rate and yes you want the loan to suit you, and […]
Will the LVR changes let you take the next step?
A journalist’s job is to write a headline that gets you interested enough to click on it and read the story. [See above!] Never forget that clicking means you’ll get to see an advertisement that pays their wages. So, when you see “Reserve bank to remove LVR rules”, I want you remember that when you […]
First Home Buyers: Your deposit will come back
Unfortunately, community transmission of Covid-19 has been widespread amongst KiwiSaver funds. Balanced and growth funds have taken the biggest beating, but even the really conservative funds have had a few grazes. Unless you’ve been off the grid for all of lockdown, none of that is news to you. But if you’re an eager first home […]
COVID-19: What’s the short-term outlook for the property market?
Over the last week or so people have asked me what my view is of the property market here in New Zealand with all this Covid-19 business going down. My answers? Well, here’s my outlook short-term. Without wanting to get too scientific about it, Covid-19 has or will result in about a third of New […]
