Wow - another great week in real estate AND I have been invited to be on a panel at the Harcourts National Conference speaking about growing your business by using technology.  Its exciting to be part of a Real Estate company that embraces technology (check out the bluebook online) and to be recognised for being leading edge.

Quick Update

1. Prices up and flattening – REINZ figures released show Wellington property prices for March 2010 were 7.8% above those in March 2009 after a good recovery, though showing signs of flattening out.  Uncertainty continues to weigh on the market with upcoming tax changes and interest rate rises, though a healthy pool of buyers is out there.  All eyes will be on the government’s budget on 20 May to see plans for boosting economic growth.
2. Ticking the boxes – sellers who want the best prices (in this market) need to excel in the areas of presentation, marketing (especially photography) and also need the best marketing strategies.  I have just worked with a client who ticked all the right boxes and they are very happy with the price achieved. If you know someone thinking of selling put them in touch. 
3. Economy growing – business confidence is up**, and economists expect employment and economic growth to improve over the next year.  With approx 23,000 new dwellings needed each year, and only 14,500 new dwellings being built***, a housing shortage is expected to prevail, and good property remains a good investment.  As a property investor myself I’m happy to share what I have learned - for free advice and tips, click here or drop me an e-mail. I’m always happy to talk property.

 
* Real Estate Institute of New Zealand Monthly Housing Price Index
** NZIER business opinion survey (March quarter)
*** Tony Alexander – BNZ Weekly Overview – March