Duane Makes GOLD - ABCHI Top Award Winners New Zealand February 2015

 

View Online | Forward Share:

 

A Buyer's Choice Home Inspections  New Zealand (National House Inspection Company Ltd)       0800 86 36 36 09 834 7936    info@abuyerschoice.co.nz  www.nz.abuyerschoice.com              Franchises Available Worldwide  Contact: 1-877-377-8628 info@abuyerschoice.com www.abuyerschoice.com	Congratulations Top Award Winners! Great work for February 2015          GOLD AWARD     Duane Turner  Waitakere & Surrounding Areas    Well done Duane, your second GOLD   in your first year. We are looking forward to seeing your March result.      BRONZE AWARD   Kevin Snyders  Takapuna & Surrounding Areas Westmere & Surrounding Areas An excellent result Kevin. We are excited and watching this space!    BRONZE AWARD  Rob Beagle  Central West Auckland & Surrounding Areas   Continued customer service is the key to your great success. We appreciate your hard work and attention to detail.   BRONZE AWARD   Rob Beagle Te Atatu  & Surrounding Areas Double bronze again - great  work Rob, thank you and keep up the great work!                                         Buying a Property? You'll want to ensure your investment is sound by executing a thorough, professional home inspection. Selling a Home? Instill greater buyer confidence by having an approved home inspection report in hand. A Buyer's Choice Home Inspection provides a complete range of home inspection services to help you buy and sell with complete confidence.
	For more information or have clients interested in a Home Inspection, please call us at 0800 86 36 36. A Buyer's Choice Home Inspections, March 2015

To remove your address from this list, click to Unsubscribe.     Forward to a friend.

 

Squirrel Mortgage and Property News - March 2015

Lots to talk about this month.  First up, our new web site layout has launched.  Check it out and let me know what you think. The web site is the start of some big changes for us.  Squirrel has grown to a team of 25 now.  We're also about to launch a peer-to-peer lender in direct competition with Harmoney.  Squirrel Money will give you access to easy and low cost money to renovate your home, consolidate debts, help you through maternity leave, or replace the car. Below are some great articles this month to help challenge your thinking.  Mortgage rates have been getting driven still lower, so we look at what's driving that.  I ponder what a future that includes artificial intelligence will look like in "Rise of the Machines."  We also look at Property Investing and ask, are you investing or gambling? Enjoy the read! Cheers,   WHY EUROPE IS DRIVING DOWN FIXED MORTGAGE RATES TSB grabbed headlines in February when it came out with a 10 year fixed rate of 5.89%.  That is a sensational rate for 10-year money and we've been helping a number of investors jump into it, but how did we end up with a 10 year rate this low? RISE OF THE MACHINES - PART 1 Artificial Intelligence is just around the corner and will have a profound impact on our world.  Not only on robots and how we work, but on the way our whole economy and society operates.   PAY OFF YOUR MORTGAGE FASTER - HOW MUCH COULD YOU SAVE? It's always good to remind yourself about how much you can save paying that little bit extra off the mortgage.  We've created an Info-Graphic that shows you in cups of coffee the benefit of hitting the mortgage faster. GAMBLING WITH PROPERTY When making big financial decisions it is important to take into consideration risk and returns.  So often with property, investors ignore the risks and don't quantify the outcomes.  That's tantamount to gambling.  Are you a gambler? DOES YOUR HOUSE NEED A MAKEOVER? Mike Dahlberg is my partner in various property developments and was also the main force behind the many renovations and makeovers we've done over the past 5 years.  Whilst Mike and myself stopped that as a business, Mike is still available to project manage any clients wanting to makeover their home (as opposed to a major renovation).   He's just finished another one for one of our Squirrel clients with great feedback.  If you're keen to Makeover your property let one of the team at Squirrel know and we can sort you out with Mike or an architect or a builder or decorator.  We've got heaps of cost effective options and know all of the secrets to renovating on a budget. BUYING OFF PLAN Off-Plan purchases are both exempt from RBNZ deposit restrictions making it possible to buy a new home with as little as 5% deposit.  Also, from 1 April the new Kiwi Saver rules also kick in giving first home buyers a subsidy of up to $20,000 when buying new property below $550,000. If you haven't considered a new property it might be worth taking a look.  The latest project I've seen recently is Mt Richmond Mews in Mt Wellington.  This ones a bit different in that the buyer is settling on the land and then funding the construction through a managed build contract.       Whenever you buy a property you can feel like the odds are stacked against you. At Squirrel our impartial advice, influence and insider knowledge even out those odds. We'll help you sort out the deals from the duds, get you the inside word and go into bat for you with the banks (not with an actual bat, although we've come close). Disclosure Statement Unsubscribe Update preferences View email in browser 36-38 College Hill, Freeman's Bay, Auckland, New Zealand 1010. +64 9 376 9688 +64 9 376 9689 support@squirrel.co.nz Copyright 2013 Squirrel Mortgages. All Rights Reserved.

Property report: Housing crisis continues

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11412796

 

Property report: Housing crisis continues

By Steve Hart

5:00 AM Monday Mar 9, 2015

·         Save

·         Like on Facebook24

·         Tweet on Twitter2

·         Post on LinkedIn4

·         +1 on Google+0

·         Email

·         Print

• Property
• Residential Property

 

As a city, not only do we have a long way to go to give everyone a clean, dry and warm home, there is ample opportunity for businesses to give people what they need. Photo / Doug Sherring

Since the turn of the century, various reports have illustrated how the number of new homes being built in Auckland has not kept up with demand, which has in turn pushed prices up.

Year after year we read headlines about the city's housing crisis, and anyone who doubted the crisis actually existed had to concede the reality of the situation after the 2008 GFC. The global financial meltdown shook the banks to their core, and they were forced to pull in their horns big time.

Suddenly, property developers could not get the money they needed to build houses in places such as Auckland. Banks wanted safe harbours for their loans, and "risky" business ventures - such as building homes for people - didn't get much of a look in.

Still, people continued to move to New Zealand to start a new life and contributed to making Auckland's real estate some of the most expensive on the planet.

Look at the houses that were built pre-GFC, too many of them were too expensive for new home buyers or the average family.

But what else were developers to put on expensive land? A lack of land supply for developers played a part in this ongoing disaster. Land banking also cannot be ignored.

In December 2007 just under 2000 building consents were issued in New Zealand. That figure dropped like a stone as the GFC took hold, and a year later the figure was just over 1000.

In January, 1703 building consents were issued. We are only now returning to numbers close to 2007, but we are some way from the 2004 property boom and already there are worrying signs this upturn is petering out. Statistics New Zealand says the seasonally adjusted number of new dwellings consented decreased 3.8 per cent in January, following a 2.3 per cent decrease in December 2014.

But remember, even during the boom years, property developers were not keeping up with demand.

Plenty of organisations have raised their concerns about the housing crisis, but still too little appears to be being done. In fact, some could argue the selling off of State housing will not help - especially in the short term.

The Salvation Army, in a report released on February 11, says Auckland's housing deficit grew by a further 4000 dwellings during the year to 30 September 2014. "A record shortfall," it says.

According to Statistics New Zealand, Auckland's population grew by 33,700 people in 2014, but only 7366 building consents were issued. While Auckland's population grew by 49 per cent, housing consents in the city grew by just 26 per cent.

As a city, not only do we have a long way to go to give everyone a clean, dry and warm home, there is ample opportunity for businesses to give people what they need.

- NZ Herald

Duane Turner

Territory Owner and Inspector

Waitakere & Surrounding Areas

www.waitakere.abuyerschoice.com

duane.turner@abuyershoice.com

09 811 8018 / 027 376 4806