Leonie's blog

What a fantastic surprise to be awarded #1 Agent in Wellington City and Suburbs at Harcourt's regional annual awards last week. The best part is we helped over 120 people sell or buy houses over the last year. A huge THANK YOU goes out to all our loyal supporters - most of our business comes from repeat business and your recommendation of us to friends and family...without your help this wouldn't be possible.

Market Has Balance - The level of housing stock on the Wellington market is currently 22.8 weeks and matches the long term average of 23 weeks**. What does this mean? This indicates a balanced market - with stock on market neither above average (a market weighted to buyers) or below average (a market weighted to sellers). This time last year, the amount of property on market was much higher than average at 29 weeks** and it was a buyer's market. So things have changed and this is a market in a much better position than last year with transactions up. The funny thing is no matter what the market is doing, who you work with and the approach you take makes a huge difference to your sale results. We have set some price records in the last 3 months but we also set them last year in a buyer's market. To find out what you can do to get great sale results get in touch for quality advice and a free plan to work to (027 518 0008). 

** NZ Property Report, realestate.co.nz

Leonie Snook and Steve Welsby - Top Agents Wellington

New Listings Pull Through - Great to see 845 new properties come onto the Wellington market in April, up 14% on last year (741 new listings)**. The first three months of 2012 has been a strong selling period, up 14.4% on last year***, with sales outstripping listings which were up just 4.7%**. More new listings is great news for buyers who have been frustrated with a lack of things to look at. There are a lot of buyers still waiting to buy so if you are thinking of going on market NOW is a great time. For a cut-to-the-chase opinion of where your home sits in THIS market drop us an e-mail (leonie@leoniesnook.com).

** NZ Property Report, realestate.co.nz
*** Real Estate Institute of New Zealand - Market Trends

Leonie Snook and Steve Welsby - Top Wellington Agents

Wages Rates Grow - Overall salary and wage rates across NZ grew by 2.0% for the year to March* - YAY! While not startling growth, it's in line with a number of economic indicators showing some improvement and economists' expectations that the rate of growth in economic activity will lift as the year goes by. Taken together with record low interest rates this is supportive for housing demand which is moving along nicely. * Statistics New Zealand - May 2012

Leonie Snook and Steve Welsby - Top Wellington Agents

What a great surprise to finish 1st at Harcourts Active for 2011-2012. A big THANK YOU to all our supporters :-).

What this really means is we have helped an enormous number of people achieve their property goals and that is the best part! If you know anyone we can help in the next few months put them in touch - we also love giving referral rewards (leonie@leoniesnook.com).s