Articles In ‘News’ Section
Buying is cheaper than renting in most U.S. cities »
NEW YORK (CNNMoney) -- Home prices have taken such a beating and demand for rental units has increased so much that it's now cheaper to buy a two-bedroom home than to rent one in most major U.S. cities. According to real estate web site Trulia, buying was cheaper than renting in 74% of the country's 50 largest cities in July. In just 12% of [...]
Several more years with nearly 1M foreclosures per »
The following article is from a writer in the US, this will give you an idea of what is happening in the USA. Many people think that investing in the USA is a great idea at the moment, and if you know what you're doing, where to look and who to talk to it actually can be. The issue is that most people from New Zealand who [...]
The Most Expensive Flat In Britain »
Sometimes even us seasoned investors are amazed by how different some of the international markets are compared to the New Zealand Real Estate Market. Being the owner of a $2.5 million dollar Penthouse I often take a peek at what is selling around the world in the Penthouse market. Just a few days ago the herald ran an article featuring what [...]
Latest News From REINZ »
The following excerpt is froom the REINZ and makes interesting reading especially if you read between the lines. As someone who is both buying and selling in these markets I am often amused by how the stats are used to manipulate public sentiment. Don't always believe everything you read was something my dad would say, just because it is in [...]
House affordability improves »
New Zealand home loan affordability improved slightly in January after a fall in median house prices more than offset a small increase in fixed mortgage rates, acccording to interest.co.nz's home loan affordability report. Wellington saw the biggest improvement in affordability followed closely by the region around Queenstown as median prices [...]
Capital Growth Still Available From Real Estate »
The following 2 quotes from BIS Shrapnel send a great message to the investment community in my opinion. For quite some time now I have spoken about the growing population and what that will do to the property markets, if you add in dwelling completions declining to a rate of only 60% of what is needed to supply our countries growth then that [...]