Real Estate Investment

KiwiSaver Is Making It Easier To Get Into A New Home

November 1, 2016
This year, the Government introduced a number of changes to make it easier for certain homebuyers to purchase a home. Perhaps the most important of these changes is in how KiwiSaver accounts can be leveraged to pull together a deposit and contribute towards the overall settlement. At First Avenue Property we have noticed a dramatic increase in interest from first-time homebuyers this year, which we attribute largely to these rule changes. Changes to KiwiSaver HomeStart scheme In July 2016, changes to...

Monthly Christchurch Property Market Commentary - 26/08/2016

August 26, 2016
View Melissa's latest interview with Style TV for tips on getting your property ready to sell.

Property Resolutions for 2016

January 11, 2016
There are a number of simple things that can be done to improve your investment property to make it more attractive, safer and liveable for prospective or current tenants.

Lower interest rates - An argument to buy or break your current mortgage rates?

November 26, 2015
At the moment we are seeing unprecedented rates by the banks. Is the environment ripe for purchasing a new house or investment, or even breaking your current mortgage?

Part 4: Offer, Negotiation, Acceptance and Settlement

April 23, 2015
In this last instalment of the guide to buying a house, we’ll look at the process that you will follow around the negotiation period and in having your offer accepted.

Part 2: Making the Open Home work for you

February 20, 2015
In Part 1: Buying a House – the Financial Pinch, we looked at the financial implications and decisions we need to consider when purchasing a (new) home. In this second instalment...

Revaluations Possible Reason for Drop in Property Values in March

April 24, 2014
The latest monthly property value information has been released and it indicates a sharp drop in values in Christchurch in March. Jonno Ingerson from CoreLogic suggests that the the change in mix of property values has most likely caused a short term impact in the index that will correct in the coming months.

Why do Kiwis Pay Higher Mortgage Rates than Other Countries?

March 27, 2014
New Zealand's mortgage rates have been higher than most other OECD countries for over 20 years. This article discusses some of the reasons why.

Christchurch Residential Property Market Update, February 2014

February 17, 2014
Market lift due to more than just property shortage There are a variety of reasons why the Christchurch Residential Property market has enjoyed such healthy growth since the earthquakes. Demand for residential properties continues to out strip supply, as more people arrive in Christchurch to work in the rebuild, plus people from the Red Zone looking to purchase replacement homes. Buyers are now much more motivated to make the deal happen. Another reason that hasn’t received much press coverage during the...

Investment Property Areas in Christchurch

August 24, 2012
As Christchurch enters an exciting period of regrowth and regeneration following the earthquakes of September 2010 and February 2011, many investors and developers are turning their eyes towards the Garden City.
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