Looking for your Hamilton dream home?

The market is certainly busy – whether you’re looking for a new built or wanting to  move up the property ladder – choice in abundance awaits the house hunters.

A total of 34 sales – 69 up on September – tells us that buyers are keen to get in on the action and invest in real estate and their futures. Low interest rates motivate to take the leap and get on the property ladder while the going is good.

The median sale price is slightly down to $585K on the previous month, but up 4.5% year on year – trending upwards nonetheless. Properties sell on average at around 33 days on the market and great results are achieved through auction campaigns. The downside is a lack of available stock – making it hard for buyers to compete in multi offer situations and losing out on their preferred property a couple of times before securing one eventually.

With 2019 drawing to a close, time is running out should you consider moving house – especially if schools are in the picture too. Rest assured – it can still happen, but you’ve got to act NOW!

Contact Linda Dobson on 022 64 50588 for a FREE APPRAISAL to get the ball rolling…

 

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July – Market movements

The past month produced 280 residential sales for Hamilton – 28 more than the previous month. The surprise was the 5.4% increase in the median sale price – now at $590K from $560K in June.

Consider selling? Now is the time!  Buyer interest is high and interest rates are at an all time low – factors that influence decisions to down scale, move up market or diversify property investment portfolios. There is a limited window of opportunity before the usual influx of new listings in Spring.

There is a need for all types of properties in all price ranges to address the lack of choice for buyers. Be the early bird – get a head start and outrun the competition!

Contact Linda Dobson on 022 64 50588 for a confidential real estate chat to find out what your property might be worth.

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Reserve Bank rate cut…. How low will it go….

The Reserve Bank announced a 0,5% cut in the official cash rate – now sitting at a record low of 1%. Banks reacted promptly by announcing that they’ll follow by adjusting their mortgage rates too.

This is good news to would-be home buyers as low interest rates make it rather attractive to rather get into their own home than renting. There are some sharp rates out there – BNZ offers 3.75% for two years fixed.

The flip side of the coin is not so great for savers’ interest return on savings and deposits. The already low  rates on term deposits might entice investors to diversify as the return on investment after tax deductions does not stack up well and can only worsen.

The latest adjustment is to stimulate consumer spending. Spend wisely by investing in your own home and enjoy the fruits of your labour in years to come.

Feel free to contact Linda Dobson on 022 64 50588 for a confidential real estate chat.

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June market activity in Hamilton

We reached middle 2019 and cold wintry weather present quality time for young and old to catch up. Spending time with family or entertaining friends in the comfort of one’s home is often preferred than going out. This also bring to the fore the shortcomings of your existing home and the desire to redecorate – or even to sell – to mind. Are you at the cross roads? Here’s some food for thought….

June delivered a total of 252 sales – families starting a new chapter in their lives, making memories along the way. The average number of days to sell are at 40, but well presented properties create healthy competition and vendors are impressed with great outcomes. Buyers are keen to secure a place to call home and limited choice brings frustration as many end up in multiple offers.

The median sale price for June is down – $560K – 3.5% – on May whilst stock levels also dwindled to 699 – which creates an opportunity for would-be vendors to make most of the current market demand / conditions. A variety of new builds are entering the market and offer a little more choice with apartments / town houses or stand alone homes.

Investors are looking again as capital gains tax was dropped… good time to be on the market to sell…

I can help with a FREE APPRAISAL to find out what your property might be worth in today’s market. Give me a call on 022 64 50588 – I’m just a phone call away….

        PS! Take a walk through your garden… You’ll be                                                   surprised with the buds and blossoms eager                                                                     for Spring to hurry up!

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May movement in Hamilton…

May rolled along with an increase in activity with sales up with 64 on April – a total of 331 properties changing hands. It took a little longer to sell – 39 days on average, but the median sales price is on a steady rise too. Stock is slightly down, but there is still a good choice of properties for buyers to choose from.

Open homes are drawing good numbers of visitors – there are buyers out there looking… It is a great time to beat the competition should you consider coming to the market. Contact Linda on 022 64 50588 for a FREE APPRAISAL or a confidential real estate chat.

 

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A new Home on your horizon? Look before you Leap! 

Buying real estate is an investment into your future, but consideration should be given to a few aspects before signing on the dotted line.

Location is important. Buyers should be aware of schools in the area as it plays a significant role in the neighbourhood and can influence property values and the resale of a home. The same goes for proximity to shopping centers – which usually offer a range of shops / banks / medical suites and eateries. Easy access to the express way also helps as time saved in traffic is better spent at home or with the family. Get acquainted with the suburbs and community facilities available before buying if you’re new to the area.

Buying a property is a big decision and a long-term investment. It will appreciate over time, but it does not happen overnight and can affect your equity should you have to sell over a short period. It is also advisable to have some funds set aside for those unexpected expenses coming with home ownership.

Street appeal tells a story about the property. A well presented home entices buyers to explore further benefits it offers and whether it is fit for your unique family requirements.  A manicured garden enhances curb appeal and make for a positive first impression. A functional, low maintenance garden can be just as striking – adding value to the overall picture.

The back garden holds the key to privacy and entertainment. This is where you can put your footprint by developing the space. It should have room for outdoor entertaining with  a play area for the kids and pets.

Always be on the look out for potential to add value – smaller alterations can make a property more appealing to other buyers should it come to the resale of the property.

Do your homework before buying – make sure it is right for your family!

Happy house-hunting.

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Get Hooked on Hukanui….

This is a Hot Spot for Hukanui School and Chartwell Centre. A family home within walking distance to Chartwell amenities and with quick access to Wairere Expressway is not to be sneezed at.

It has been upgraded and awaits a new family. No need to drive the kids to school – they can just walk across. Shopping made easy too – a short stroll to Chartwell tick that box.

Sun-drenched living – both in- and outdoors – on a generous, fully enclosed section with established trees so close to everything is hard to find. The lounge opens onto a patio with sun streaming in. The open plan kitchen/dining area flows effortlessly to a private deck overlooking the back garden – great for outdoor entertaining! It sports an under-counter oven with a glass cook top, Rangehood and plenty of storage. Window seating is at hand to keep Mom company while she does the cooking. The basement rumpus room is ideal for the kids to hang out and offers extra storage too.

The good-sized bedrooms all have built-in cupboards. A family bathroom and separate toilet takes care of the ablutions. A separate laundry is handy positioned.


The property is fully enclosed – great for the kids to run and pets to roam – and heaps of off-street parking. A home that is well insulated with a HRV-system to sort the ventilation – all done for your family.

The property is currently tenanted – the tenant is keen to stay on if you’re an investor looking for passive income.

Don’t delay…. Contact Linda Dobson on 022 64 50588 Today to arrange your private viewing!

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April Activity in Hamilton…

Real estate does not take time out – if your property is well presented, it sure is to hit the buyers. April proved that buyers are out there …. Looking!

A bit of good news for prospective buyers are the Reserve Bank announcement that the OCR (Official Cash Rate) was adjusted to 1.5% recently. This should result in better rates on securing mortgage finance.

A good number of sales were recorded for the month – taking into account Easter and Anzac public holidays. Sales to the tune of 267 registered with the $700K to $799K (80) price band taking charge followed by the $550K to $599K (76) hot on its heels. Stock to choose from seems to be holding up well too – average days to sell down to 31 days now. The median sale price is slightly down – $569K compared to $575K for March in Hamilton City.

Linda Dobson is at your service for a confidential property chat or a FREE APPRAISAL. The ball is in your court – make the call! 022 64 50588

 

 

 

 

A time to enjoy the vibrant colours coming with change of season!

 

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March…. Movement in Hamilton real estate….

March has ticked over and brought autumn along. The streets are strewn with leaves – a display of rich colour – trees not so flash due to shedding foliage.

No matter what time of year though, people are always on the lookout for their next home and March did not disappoint. A total of 278 sales were achieved – up on the previous month. An average of 33 days on the market was experienced while the median sale price increased to $540K – 6.5% up on February. With slightly more available listings to choose from, April might have a surprise up its sleeve…

Would you like to know the value of your property in today’s market or is a move on the horizon?

 

A colourful carpet to announce Autumn!

Contact Linda on 022 64 50588 for a FREE, NO OBLIGATION APPRAISAL to get the ball rolling.

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A Gem in The Sanctuary… – $535K

This home offers lock-up and go convenience plus facilities on site. The gym / pools / tennis court is a mere stroll away – now why would you drive if you can walk there….

                        

This spacious unit features open plan living / dining / kitchen with great indoor / outdoor flow. It sports three bedrooms on the first level – serviced by an en-suite master bedroom and a family bathroom for the kids. There is room for a study nook or a TV area for the kids to keep everyone happy.

 

 

This well maintained complex has access control and good facilities in a sought after location. It is within walking distance to Rototuna Shopping Centre with shops / medical suites / eateries / schools and public transport.

Contact Linda Dobson on 022 64 50588 TODAY to arrange your private viewing!

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