Monthly Archives: August 2011

Home Affordability improves

Posted on August 25, 2011 by Michael Ford

It now takes 33.8% of one median take home income to pay the mortgage on a median priced house in July in Manawatu/Wanganui, according to Roost Mortgage Brokers research. This is down from 64.6% in June 2007. It assumes a … Continue reading →

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Market Still Steady

Posted on August 18, 2011 by Michael Ford

The Real Estate Institute residential July statistics for Feilding showed that the volume of house sales was 33 which is the best since November 2009, and is at the long term average for the last 8 1/2 years. In addition … Continue reading →

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Changes at the lower end of the market!

Posted on August 10, 2011 by Michael Ford

The lower end of the residential market is important because it “fuels” the entire market. Vendors selling a lower priced home often purchase a more expensive one, and the chain reaction filters up the market. The lower end is usually … Continue reading →

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Buyers of Feilding properties

Posted on August 4, 2011 by Michael Ford

Question: Where are Buyers of Feilding properties coming from Michael? Answer: We are seeing people from a wide range of locations choosing Feilding as their new home. There are a number of people from Great Britain, including ex pat Kiwis … Continue reading → Continue reading →

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