Category Archives: News

Mortgage rates tipped to stay high

Posted on October 12, 2008 by Andrew King

The Reserve Bank of New Zealand is tipped to cut the official cash rate this month, but mortgage holders and first home buyers are warned not to expect lower interest rates yet. ASB chief economist Nick Tuffley expects the Reserve … Continue reading →

Posted in News | Tagged , , , , , , , , | 1 Comment

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 →

Posted in News | Tagged , , , , , , , | Leave a comment

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 →

Posted in News | Tagged , , , , , , , , , , , | Leave a comment

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 →

Posted in News | Tagged , , , | Leave a comment

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 →

Posted in News | Tagged , , , , , , , , , , , | Leave a comment