Author Archives: newshound

City suites are on the rise

Posted on May 24, 2009 by newshound

Older investors are helping fuel a resurgence in the inner-city Auckland apartment market. The sector is bouncing back after two years suffering from leaky building fears, over-supply and banks refusing to lend the same percentages on “shoebox” apartments as other … Continue reading →

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Renters ruling the roost

Posted on September 28, 2008 by newshound

Tenants still have the upper hand in the rental market, and real estate agents are urging clients to inject their properties with the wow factor, or drop the rent if they want to fill them quickly. Andrew King, vice-president of … Continue reading →

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The great coastal sell-off

Posted on September 7, 2008 by newshound

Hundreds of New Zealanders are offloading their holiday homes and seaside baches – and some are going to desperate measures to sell up. Estate agents report bargains galore for coastal property investors, with some homes and baches selling below government … Continue reading →

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Landlord group’s code sets high standards

Posted on September 5, 2008 by newshound

Landlords have developed their own set of rules, barring them from renting dirty places, telling lies or making racist remarks to tenants. The national landlord membership and lobby group, the Property Investors Federation, has released a guide which it wants … Continue reading →

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More pain on horizon

Posted on August 10, 2008 by newshound

Mortgagee sales are tipped to quadruple in two years, and at least one expert is predicting an Auckland surge much sooner. Property watchers say many homeowners are struggling as high interest rates, tightening credit, job losses and falling values hit … Continue reading →

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