Could you benefit from a sale this spring?
Traditionally the busiest period for residential real estate transactions, the spring selling season is just around the corner, but does traditional still apply in 2020?
Buyer appetites
Underpinning New Zealand’s residential housing market following COVID-19 disruption is a strong appetite from buyers eager to capitalise on record low interest rates, the temporary removal of loan-to-value restrictions, and extra money saved on overseas travel.
Strong open home attendance, inquiry numbers, and less time properties are spending on the market all point to an eager pool of buyers ready and willing to take the plunge before the Christmas and New Year break.
Supply
The well-documented difference between supply and demand across New Zealand’s residential housing market has been the catalyst for significant legislative and policy change, transforming our urban boundaries and building processes to create more homes.
However, these changes, further impacted by disruption to our building and construction industries take time to evolve, and demand for quality property continues to outstrip supply, creating competition for well-positioned homes.
If you are considering selling, contact me to discuss our very competitive 'local' rate.
Roger Sumich - Bayleys Whangaparaoa - 029 6666 666
roger.sumich@bayleys.co.nz
🧩😏 Riddle me this, Neighbours…
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Scam Alert: Bank cold calls
ASB is warning customers about reports of cold calls from scammers claiming to be from ASB. These scammers are trying to obtain personal information, including usernames, dates of birth, and verification codes sent to your mobile phone.
🛡️ The "Caller Check" Test
If you get a call from someone claiming to be from ASB and you’re unsure, just ask them for a Caller Check. You will then be able to verify the call through the app.
Remember, banks will:
❌ Never ask for your banking passwords, PINs, or verification codes
❌ Never need to know your full credit card number – especially the CVC
❌ Never ask you to download software or remotely access your device
❌ Never ask you to purchase gift cards or transfer funds.
If you have received a phone call and think your account has been compromised, call ASB on 0800 ASB FRAUD (0800 272 372), or visit your local branch.
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