The Hamilton real estate market is going through a repricing, one agency recording the lowest sales volume for July since 2004 and vendors choosing to lower their listing prices as the market continues to weaken.
The start of July brought with it a reason to celebrate for our Lodge Rentals team, in the form of the inaugural National Property Managers’ Day. Initiated by the Real Estate Institute of New Zealand (REINZ), it was a day to recognise the hard work our property managers and administration team put in to deliver great service to our landlords and tenants.
A Hamilton real estate agent says property owners are being realistic and listing their homes with asking prices close to market value, rather than holding out for huge gains as the New Zealand housing market continues to cool.
Hamilton’s rental property market continues to be strong, despite evidence of the rental oversupply reported in other major New Zealand cities, says the general manager of Hamilton’s largest property management company.
As interior designers can attest, staging a home is often not as easy as it sounds. But getting that magazine finish could really help your home sale. RecentUS researchhas found that home staging not only helps to sell your home faster but also increases the amount buyers are willing to put on the table.
Times are changing and so should your selling strategy. As the New Zealand real estate market shifts to favour buyers, there are a few points you should consider when putting your property up for sale.