WHAT IS HAPPENING TO THE
PROPERTY MARKET?
Bumper Issue, packed with loads of new listings
WHAT’S BEEN SELLING
Welcome to Preview July 2012
W
inter has well and truly established itself in Nelson in the usual Nelson way. Cold frosty mornings, and beautiful sunny days with an average temperature of around 12*c. This is however quite a contrast to the temperatures I have just experienced in Italy for the past three weeks. Italy had a heat wave, with temperatures as high as 42*c. Constantly for the three week period I was over there attending the Ducati World Presidents Meeting ,representing the New Zealand Ducati Owners Club and also World Ducati Week. The funny thing is that you sort of get used to the extreme heat, and get about your business. Its great to be back into the NZ climate. I have got to say, there is nothing as uncomfortable as riding a motorcycle in that sort of heat, fully clad in leathers, gloves, helmet etc, and the weirdest thing is opening the visor of your helmet to let in some fresh air, only to find it is twice as hot, and far from being fresh. I have placed a few photos in the back of this issue. Some of the key sights and also scenes from World Ducati Week. The Property market in Nelson is still gaining momentum with houses selling with multiple offers featuring on a semi regular basis. The number of houses available is quite low at present, with buyers commenting on a real lack of choice, So if you are thinking of selling, now would be as good a time as any, as once spring gets here, everyone else will also the same idea, and the only real benefit will be to the buyers. Winter is still a great time to sell a home in Nelson. Commentary from the experts is predicting another real estate bubble , albeit not a large as 2004-2007, but with the predicted OCR rate to drop once more, it should make for good investing in property once more. In this issue I am showcasing even more stunning properties that are new to the market. Have a look, and if anything catches your eye, please click on the link and I’ll email you a copy of our comprehensive Property Information Memorandum (PIM) to you. Preview is the Registered Trademark of Bayleys Realty Group This e-Abode Preview is the newsletter of Greg Monahan Licensed Real Estate Agent REA-Act2008
Greg Monahan Lifestyle and Residential Property Specialist Bayleys Nelson 288 Trafalgar St Nelson, NZ +64 21 851 916 cell +64 3 546 9455 business greg.monahan@bayleys.co.nz www.gregmonahan.bayleys.co.nz Skype name: gregmonahan Viber contact: 021851916 Facebook: Greg Monahan - Bayleys Real Estate, Nelson, NZ Cover photo: 140 Mac’s Rd, Hira (Page 4)
15 Frost Rd, Hira, Nelson Wow, this is simply stunning! Vendor’s change in circumstance could be you opportunity to purchase what could be one of the best family homes in Nelson North. This home offers four large bedrooms, two lounges, three bathrooms, three car garaging and a huge barn all set on 1.67 hectares of pasture gardens. Upstairs, the master suite includes a walk-in changing room, a large ensuite bathroom with shower and spa bath, and a cosy balcony. Perfect for those quiet times soaking up the sunshine and birdsong. Downstairs, there is another self contained suite, an office, two more bedrooms and the fantastic living areas, all with outdoor flow onto the large sunny decking with built in and fenced spa pool. Call to find out more or arrange a viewing. For more information click here
140 Macs Road, Lud Valley, Hira Tranquil Paradise When our vendors moved to Nelson a little over 5 years ago, they sought a very special location to create an outstanding home. They were incredibly successful. They were lucky enough to find one of the best living environments north of Nelson and on it they created a home of the quality they had been used to in England - warmth was assured with double glazing and thoughtful heating and insulation. The house design maximised not only the spectacular views, but also harnessed the sun's energy for added comfort. They brought a sense of style and quality to the design and construction they could not find in the market at the time and they have loved every minute of this home since. With three car garaging, two of the bedrooms ensuited plus a guest powder room, it is definitely special and you now have the chance to be it's second owner. For more information click here
14 Melrose Terrace, Nelson Dress Circle Dilemma Our owners of 14 years will certainly miss the convenience of this address – but they are now fully committed to achieving a sale so they can relocate to the new home they have already purchased. Their immaculately presented Ian Jack residence offers quiet seclusion in one of Nelson’s finest streets situated on a sheltered and elevated 927m2 rear site, with spectacular views of the sea and the city by day and night. Designed to satisfy family living with spacious sunny open plan areas, an entertainer’s kitchen with walk-in pantry, four bedrooms, walk-in wardrobe, two bathrooms, NCC approved log burner, underfloor heating in the kitchen/dining area, and solar heating. . For more information click here
14 Avonbank Place, Marybank, Atawhai
Exceptional First Home or Investment In excellent condition, and ready to own now, this modern home is nestled in a quiet and tranquil cul de sac at the Marybank end of Atawhai. Set on a very easy-care section, this home has been both a wonderful living environment for the current owner, and in different times a great investment property. The north-facing living enjoys sun streaming through the window from first light, and is open plan with the dining area and kitchen. These areas flow out to a deck where you can enjoy brunch in the sun and total privacy. The bedrooms are comfortable doubles, plus there’s a double garage, and good basement storage. Heating is provided by an efficient heat pump, and the bathroom has had a recent modernisation. Designed for your contentment and enjoyment, this is a home where you can move in without having to do a thing. Just unpack and enjoy living. For more details click here
136 Teal Valley Rd, Hira House + Cottage - 20 Mins to Town Set in 3ha of undulating pasture, with park-like gardens and magnificent rural views, the property comprises a modern three double bedroom home, plus a separate, totally self-contained two double bedroom cottage - ideal as accommodation for family and friends. Large Rimu kitchen, ducted heating/air conditioning throughout, sheds, small orchard, chook house, duck pond, all day sun. To view this 'must see' property, call me today. All reasonable offers considered For more details click here
139 Dodson Valley Rd, Nelson Spectacular views, large family home and income Surrounded by bush-clad hills and abundant birdlife, this very private, elevated 26.2257 hectare property is located in a tranquil setting, just 10 minutes drive from the city shops, art galleries, theatres, cafes and restaurants and a short drive from a very good primary school. It comprises a well-appointed two level four double bedroom home, a double garage and attached studio room and bathroom, with extensive timber decks, a stunning saltwater swimming pool and an outdoor bath, with hot and cold running water. A separate one-bedroom cottage, with a huge garage/utility shed, could be ideal as a rental property. The interior and exterior of the house and the cottage interior are all newly painted. There are some 14 hectares of pinus radiata with plenty of access tracks and 10 acres of natural native bush, some exotics and a home orchard. For more information click here
3/251 Bridge St, Nelson Bulk Buyer’s Bargain – Must Sell Astute buyers would be wise to not buy any other unit in Nelson before our auction day. With 3 bedrooms and a floor area of 140m2, this unit has more space than some houses, and offers an exceptional buying opportunity when compared with other units for sale in the area. Fully renovated with modern décor, no grounds to look after, a lock-up garage, and just a short stroll into the city – all make this the perfect ‘lock and leave’, first home, or rental investment. For more information click here
14 Iwa Street, Mapua Waterfront Excellence This very private waterfront retreat, in its park-like setting, surrounded by 2,638 square metres of lawns studded with magnificent trees, lush gardens and an extensive walled courtyard, swimming pool, deck and jetty, has been designed to make the most of its exceptional coastal location. The views are spectacular as they extend over the estuary and Mapua channel to Rabbit Island, the Richmond ranges, d'Urville Island and Tasman Bay. The home comprises four bedrooms and four spacious ensuites, elegant formal entertaining and plenty of casual living areas. For more information click here
9a Warwick St, Richmond, Nelson. A Fantastic Family Home Set well back from the road in an extremely private peaceful setting, this unique 1,544 square metre property offers a choice of lifestyles. This large six bedroom home with two large livings areas would be the envy of others, looking for a place to bring up a large family. The property’s central location is very appealing. Just a few minutes’ drive from retail shops, two supermarkets, cafes and restaurants, it is within cycling distance of primary and intermediate schools and colleges and an ultra-modern pool complex. Its north-facing position ensures all-day sun and breathtaking views over the Waimea plains to the estuary, islands and Tasman Bay, against a backdrop of the snowcapped Western ranges as they extend to Separation Point. It is an ever-changing vista which can alter from a sunlit seascape to a spectacular Nelson sunset. click here for more info
44 Davies drive, Walters Bluff, Nelson Sunny Spacious, and with Fantastic Views This sleek, contemporary, 210m² home with its clean elegant lines, subtle colour palette and elevated position, has been designed to encompass the views. Surrounded by 1,726m² of terraced lawns and low maintenance, dry-stone gardens of native trees and shrubs, it comprises a spacious open-plan living room, dining area and streamlined kitchen, a separate scullery, three double bedrooms, an office or fourth bedroom, two bathrooms, a powder room, storage room, laundry and a remote controlled double garage. Extensive timber decks and an outdoor dining terrace extend along the seaward frontage outside the living areas and three bedrooms. The broad, unobstructed outlook is mesmerising, as it extends across the Haven, Boulder Bank, lighthouse and port to the wide expanse of Tasman Bay. For more information click here
7 Cambria St, Nelson Own Your Own Life in Your Gorgeous Cambria House B and B Today we present a rare opportunity to drive your own destiny in a spacious gracious landmark Nelson residence now beautifully crafted into a discreet live-in premier B & B just four minutes amble from the CBD. As economic cycles come and go you'll be busy through Nelson's famous spring, summer and autumn seasons and then off for a well earned prolonged holiday over winter. Romantic owner's rooms upstairs above six luxuriously appointed double bedrooms, dining, office, farm-house kitchen and lounge rooms below. Sold as a well known and favoured going-concern with repeat and forward bookings filling fast, Cambria House may be your best chance in years to get off the corporate ladder or out of whatever you're doing now into a new life style with total control of your own future. For more information click here
Pugh Rd, Appleby, Richmond Country Pleasure and City Convenience. A strong Italian influence is evident in the architecture, proportions and landscaping of this magnificent four double bedroom home, with its walled courtyards, black wrought iron railings and impressive tiled front entry. There is style and elegance in its clean lines, calm colours and generous scale. The street frontage is stunning. A tall central chimney, flanked on either side by elegant cream-framed, glass-paned French doors, each with two evenly spaced square windows above, creates a sense of symmetry and balance. Built in 2002, exterior construction of the 239 square metre, single level home combines warm taupe plastered walls with pale cream aluminium joinery and a charcoal, grit-coated metal tiled roof. Recent building renovations were completed to meet new watertight standards. Surrounded by 719 square metres of clipped lawns, landscaped low maintenance gardens, a patio and outdoor dining courtyards, the fully enclosed, very private home has been designed to maximise the sun and outdoor lifestyle. Doors and windows throughout combine to open up the house to create a spacious environment for indoor/outdoor living and entertaining. For more info on this property click here
63 Marsden Valley Road, Stoke When Piece of Mind is Important This much loved lifestyle property, in its tranquil 5.5 ha setting, has remained in the same family for almost forty years. The grounds are superb and the air is alive with birdsong. Bordered by council reserves and surrounded by magnificent trees, gardens and pasture, the quiet secluded home enjoys all-day sun, unobstructed views and private living. The home’s location, central to all amenities, is immensely appealing with both Richmond and Nelson within a ten minute drive. This is a lovely, light and airy home, with the main living areas combining to open up the house to cooling breezes in summer to create a spacious environment for indoor/outdoor living and entertaining.
For more information click here
Lots 1 - 8 , Wairangi Bay, Marlborough Sounds A place where dreams can be made to come true. Once in a while, and not very often, you get an opportunity to craft your dream setting, your dream bach or holiday home, from a clean slate. This is one of those opportunities! On the gently sloping flats, at the head of Wairangi Bay in the Croisilles Harbour, there are now available for the first time, eight very generously sized sections available for you to purchase and build your dream holiday home. The access road to Wairangi Bay is excellent, each section has fantastic vistas of the bay, Power water and telephone will be to the sites. Don’t miss this opportunity to create your dream in paradise. Lot 1 - 7163m², Lot 2 - 7313m², Lot 3 - 6629m², Lot 4 - 6678m², Lot 5 - 7592m², Lot 6 - 9223m², Lot 78846m², Lot 8 - 2.3454ha For more information and price on each lot, please click here
293 Hill Street, Richmond, Nelson Business First Providing an excellent home and income environment for the current owners, there is a full service chiropractic clinic with client parking for four at the front of the property. Tucked behind, in sublime privacy, is the residence – a two level, four bedroom home with study and two bathrooms, spacious living and sun-kissed, north-facing outdoor living. Use of polished Rimu throughout the interior enhances the décor and colonial-era style of this modern home. The clinic rooms are easily re-locatable if required and a market exists to sell the building if it becomes surplus to requirements. This has been a delightful home for the current owners – close enough to town to allow an easy stroll to the shops, but nicely positioned well off the street to enjoy tranquillity, safety for children, and the wonderful sound of morning birdsong in the trees surrounding the house. Motivated vendors welcome offers under the current Rateable Value of $590,000 For more information click here
22 Heritage Cres, Richmond Stylish, elegant and bathed in sunshine A strong Italian influence is evident in the architecture, proportions and landscaping of this magnificent four double bedroom home, with its walled courtyards, black wrought iron railings and impressive tiled front entry. There is style and elegance in its clean lines, calm colours and generous scale. The street frontage is stunning. A tall central chimney, flanked on either side by elegant cream-framed, glass-paned French doors, each with two evenly spaced square windows above, creates a sense of symmetry and balance. Built in 2002, exterior construction of the 239 square metre, single level home combines warm taupe plastered walls with pale cream aluminium joinery and a charcoal, grit-coated metal tiled roof. Recent building renovations were completed to meet new watertight standards. Surrounded by 719 square metres of clipped lawns, landscaped low maintenance gardens, a patio and outdoor dining courtyards, the fully enclosed, very private home has been designed to maximise the sun and outdoor lifestyle. Doors and windows throughout combine to open up the house to create a spacious environment for indoor/outdoor living and entertaining. For more information click here
11 Albert Road, Nelson Sun, Sea and Serenity This 314 square metre seven year old residence is bathed in sunshine and has breathtaking views of Tasman Bay, The Cut and beyond. Clean lined, contemporary and low maintenance it is well suited to professionals and families with teenagers. Three generous double bedrooms are well separated for privacy and there is a separate studio downstairs for guests or rental income. Underfloor heating in all tiled areas, heat pump, cedar and concrete block exterior cladding with 9mm Harditex and Fosrock Plaster, roof - Coloursteel and Dexx Equus, aluminium with double glazing to most windows. The grounds have been extensively landscaped and choice of plants ensures minimal upkeep. A truly special home in a breathtaking setting in Nelson's dress circle. For more details click here
21 Mount St, Nelson Big Character with top credentials Commanding an elevated position with superb urban views and a forever-popular street appeal, this splendid residence offers a comfortable, laid-back, and welcoming home with an abundance of space. Spacious and light-filled rooms are a special feature here, the kitchen provides a casual family area, and there’s formal dining and separate formal living. Comfortable, laid back and welcoming, and designed for a lifetime of enjoyment, the 1148 m2 landscaped section has been the stuff family dreams are made of for over 100 years. Charming brick pathways wind their way around the garden and lead to a magical garden nook. The land below the house is terraced for your family’s maximum enjoyment. Click here for more details
3D Hill Street, Richmond A Stunning Lifestyle Environment With Dramatic Living Spaces This 1.7 ha home offers space on a grand scale on the northern edge of Richmond, where the privacy is absolute. Simply imagine long summer afternoons at the edge of the pool, or on a winter's afternoon, bathing in sunshine in front of the large windows while you snuggle up to a hot drink and a good book. Privacy, space and sundrenched outdoor living areas will be yours to enjoy in this unique slice of paradise. Here is the permanent blend of nature, quality and style existing in total harmony. This home was built, (and more recently extended and renovated), with quality in mind in tune with its environment. Features include three car garaging, a large shed for the boat or other hobbies, five bedrooms and two additional bathrooms, multiple living spaces and the safety and freedom for your children to take full advantage of this very private and tranquil home. For more details click here
95 Wairoa Gorge, Brightwater, Nelson Tranquil Retreat, Lifestyle Dream This serene retreat, located down a winding driveway off a peaceful rural road, enjoys easy access to Brightwater and Richmond yet provides a world away from the hustle and bustle of everyday life. Nestled on over 2 hectares of vibrant countryside, there is plenty of space here to rear animals, work from home amongst idyllic surroundings, or provide room for your children to romp and explore the natural environment. Built in 1969, this recently renovated, warm, 3 bedroom home is ideally situated to make the most of the outdoors, with easy access from the main living areas to the garden and intimate alfresco dining areas. Bordered by a creek and the Wairoa River, the delightful gurgle of flowing water adds to the tranquil atmosphere - your relaxation here is assured. This will definitely appeal to those of you seeking a comfortable, functional home in a tranquil rural setting, yet still within easy reach of amenities. More details click here
7 City Heights, Nelson Grand Views over the City You’ll feel you are living on your own special hill, in this four-bedroom, contemporary home with views as far as the eye can see, from the Maitai Valley to the east around to Nelson Haven, the Marina, and Tasman Bay and the western mountains beyond. This light-filled home of 259 m2 is, individually modelled to meet the owners’ requirements, and has a seven year master builder’s guarantee. It is designed so there is a view from every window, to take full advantage of its select position on City Heights, one of Nelson’s prestigious hillside subdivisions. There are only a few neighbours, well apart from one another, in homes of similar quality. As well as the grounds, the home has an emphasis on maintenance-free living, with the use of composite decking materials and a plaster finish cladding. More details click here
NEW BNZ 4-YEAR FIXED MORTGAGE INTEREST RATE UNDERCUTS RIVALS INTEREST.CO.NZ 17TH JULY 2012
BNZ has introduced a new, market leading, advertised four-year mortgage interest rate. BNZ's rate, in its "Classic" product line, is 5.89%. That undercuts the previous lowest advertised fouryear rate, the Co-operative Bank's 6.05%. Other banks' advertised fixed-term, four-year rates range from 6.10% to 6.35%. The new BNZ rate is, however, only available for customers who have at least 20% equity in the property provided as security. Separately, the Co-operative Bank, formerly PSIS, is raising three advertised fixed-term mortgage rates. Effective tomorrow, its six-month rate rises 10 basis points to 5.55%, its one-year rate increases 15 basis points to 5.40% and its two-year rate lifts 5 basis points to 5.55%. And on Tuesday evening TSB said its one-year and three-year advertised rates were being increased, effective immediately. TSB's new one-year rate is 5.40%, up 20 basis points meaning it no longer has the lowest advertised one-year rate on offer by a bank, with that now being the 5.25% promoted by Kiwibank, BNZ and SBS Bank. TSB has lifted its three-year rate by 15 basis points to 5.90%.
Govt's 'bach tax' guidelines released; KMPG sees it hitting owners of high value properties after Revenue Minister Dunne includes ring-fencing provision Posted in Property July 13, 2012 - 04:17pm, Alex Tarrant By Alex Tarrant Government changes to how mixed-use assets like baches are taxed are likely to hit owners of high-value properties by making it harder for them to offset some losses against other income due to a new ring-fencing provision. Budget 2012 included changes to how owners of assets which were used both privately and rented out for income would be able to treat costs and offset losses against other income. The government is hoping to save NZ$109 million from the changes over four years by not allowing so many losses to be written off against other taxable income, as part of its NZ$1.4 billion revenue boost in this year's Budget. Revenue Minister Peter Dunne recently announced firmer details of the changes, which KPMG Partner Murray Sarelius and National Tax Director Darshana Elwela said were less complex than original proposals from IRD last year. The changes are expected to take effect from the 2013/14 tax year. The details: Last month Dunne said bach owners likely to be affected were those who used a bach to earn income and also used it privately; the bach cost or was valued over NZ$50,000; and was unused for more than 62 days in an income year. Costs would be divided into three categories: Costs incurred purely for income earning purposes – such as advertising costs. These costs will be deductible in full. · Costs that are purely private will remain non-deductible. · Costs which are associated with both the income-earning and private use of the asset – such as general repairs and maintenance. A proportion of these costs will be deductible. The proportion of costs which would be deductible would be calculated as: Time used to earn income/Total time used. “So if a bach is rented out for 30 days and used by its owners for 30 days, then 50% of costs will be deductible,” Dunne said. KPMG’s Sarelius and Elwela said that was a change from the status quo where the private proportion of costs would be taken from the whole the year – 30 out of 365 days – with the remaining proportion – 335 out of 365 days - allowed to be treated as income-earning. That meant the proportion of costs able to be deducted as income-earning costs would be 335/365, or 92% of costs. Following the changes, as the bach was only rented for 30 days of the total 60 it was used, only 50% of costs could be deductible as it was only rented out for half the time it was in use (not 92% as the status quo indicates). Ring-fencing Meanwhile, Dunne said where a loss arose after applying the above formula, and gross annual income was less than 2% of the cost of the asset or its rateable vaule, that loss could not be offset against other income. These losses could still be carried forward, but only to offset future income from that specific asset. That meant when losses arose from renting a bach, but gross income was less than 2% of its cost or value, those losses would be ring-fenced from being able to be offset against the bach owner’s other income. Other changes included allowing bach owners to treat their asset as outside the tax system (no tax on income and no deductions) if their gross income from the asset was less than NZ$1,000; or if the asset generated a loss. “The proposed rules will also apply to assets which are used directly in business, as well as those which are rented out – but only where those assets are used privately as well as in business, and are unused for 62 days per year,” Dunne said. “The proposed rules do not apply to motor vehicles or buildings also used as residences (such as home offices),” he said. “The proposed rules apply to assets held by a range of entities – so individuals, partnerships, trusts and close, closely held and look-through companies will all be subject to the proposed rules.” To hit high value property owners KPMG's Sarelius and Elwela said the ring-fencing provision, where an owner could only offset losses against other income if gross annual income from a mixed-use asset was over 2% of its value, was likely to hit high value property owners the most. “When you look at what properties are rented out for versus the rateable value of them, to get that 2% might be around 30-40 nights that a property has to be let out, which seems like a reasonable threshold [before an owner was allowed to offset losses against other income]," they told interest.co.nz “But if you look at something like a waterfront property with a million dollar view which has a very high land value, the income that is generated out of that sort of property tends to be tied to the type of building that is on it," they said. For example, while the land might be worth a lot, if there was only a small bach on that land, the rent charged could not be as high as if a large lodge was on the land. “So you might have something with a very high rateable value, but a relatively low nightly income rate, which would then push up the number of days that you need to rent it out [to get annual gross income above 2% of the value]," they said. Sarelius and Elwela looked at a number of properties on rental websites which ranged from needing at least 30 days worth of income to get above the 2% mark to 90 days worth of income. “Now 90 days is quite high, especially if the property is seasonal – if it’s a ski lodge or a summer place, 90 days is a lot of renting out," they said. “If you have, say, a high interest cost, because you have bought land worth a million dollars, then that interest cost will be ring -fenced and you can only offset it against future earnings from that property [if annual gross income was not above 2% of the property’s value].”
BNZ-REINZ survey finds agents seeing 'sellers market' as demand firms with low interest rates and supply dries up as listings drop. Your experience? Posted in Property July 12, 2012 - 12:52pm, Bernard Hickey
By Bernard Hickey A monthly survey of over 10,000 real estate agents in July has found a continued strengthening of indicators of buyer demand and activity, along with a reducing supplies of listings. The Bank of New Zealand Real Estate Institute of New Zealand (BNZ-REINZ) survey found all the measures of buyer interest, prices and activity improved from early June, but the indicator of requests for appraisals by sellers dropped. "That means decreasing supply at the same time as measures of demand are rising. For instance a record net 27.9% of agents say they are noticing more investors in the market, while 44% - up from 40% in June – say they are seeing more first home buyers," said BNZ Chief Economist Tony Alexander in the attached BNZ-REINZ Residential Market Survey. "As noted last month, conditions have switched around decidedly toward being a sellers market – as other analysts have also noted from their datasets – with a net 18.3% of agents feeling buyers are more motivated than sellers," Alexander said. "The combination of rising demand, easing supply, and sellers holding the power suggests little other than prices rising – hence a net 41.1% of agents reporting that is exactly what they are observing," he said. "With interest rates set to stay low for this year and perhaps all of next while economic growth continues at a reasonable if unexciting pace, New Zealand’s residential property market is likely to remain in its sellers market phase at least well into 2014. Beyond that depends very much upon what at this stage are unpredictable interest rate rises further out, and by how much dwelling supply can grow in an environment where builder shortages seem certain to appear." The survey found a net 26% of agents saw more people going through open homes, up from a net 13% the previous month. A record net 28% saw auction clearance rates rising. "This also is a sign of a strong market," Alexander said. A net 13% of agents said they saw the number of requests for appraisals by potential sellers falling away, up from 1% in May. "The movement of this measure back firmly into negative territory is suggestive of vendors feeling in no particular hurry to list their properties and accords with the growing anecdotal feedback of listings being in short supply," Alexander said. A net 28% saw more rental property investors in the market, up from 27% a month ago, which reflected the cuts in fixed mortgage rates two months ago. A net 41% felt prices were rising. A record net 18% believed that buyers were more motivated than sellers.
"How to Quickly and Easily Sell Your Home at Top Dollar"
If you are thinking about selling
your home soon, or know someone how might be, then this book is a must have! In all my years of buying and selling houses, I have had different tips given to me, assisting me to get the very best possible price for my property . So in November of 2009 I published a book that encompasses all of those tips and many, many more. A "how to" book that simply covers everything you need to know, from what to clean, what to paint, what to throw away and how to "dress" your house like the professionals. It also covers the need to employ a real estate agent or not.
My book is available to buy at selected bookshops, but as a bonus, I will give a complimentary copy to the first ten (10) abode readers from this issue to contact me and simply ask for a free copy. please call me on 0800 BAYLEYS (0800-229-539) or email me greg.monahan@bayleys.co.nz if you would like a free copy.