Category Archives: Uncategorized

Value Changes Since 2007 Market Peak

Quotable Value (QV) have released some interesting statistics showing the % change in value in localities throughout NZ since the market peaked in late 2007/early 2008. Parts of NZ, particularly in Auckland and Christchurch now have values well ahead of … Continue reading

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We Can’t Match The Rosebowl!

Congratulations to The Rosebowl Home Cookery for capturing our imagination with their 10 cent pie day. They are selling at 1968 prices. I wish them every success. It is a great promotion. I write this column before lining up in … Continue reading

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What is the Median Sale Price?

The median sale price is calculated by the Real Estate Institute of New Zealand (REINZ) each month, based on every house sale through every licensed Real Estate Agent. The median is calculated for towns, cities, regions, and the country. The … Continue reading

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NZ Inventory of Listings for September 2012

The website www.realestate.co.nz produces some excellent and very interesting information, by region. Our Manawatu/Wanganui Region has enough houses listed on the market for sale to last 34 weeks (assuming no more get listed). This is less than the long term … Continue reading

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When Will Our Median Sale Price Reach $500,000?

Our residential median in Feilding is currently about $250,000, and so it will have to double to reach $500,000. We need a crystal ball to predict the future, but we can get a guide from the past. Feilding’s median has … Continue reading

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What Age Houses Are Being Sold In Feilding?

I have looked at the last 75 residential property sales in Feilding, and 7 are sections, leaving 68 dwellings. 54% (over half) of the house sales were built between 1960 and 1989! Pre 1920     7 1920-29      1 … Continue reading

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What Makes A Good Councillor?

Those of you in the Feilding ward have the opportunity to choose a new member of our Council. Council decisions have significant effects on the Real Estate Market. We all want a positive Real Estate Market, as that is where … Continue reading

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Real Estate Career

I thoroughly enjoy my job as a Real Estate Agent. Mind you, it is early days, having only started in the property industry in 1977. Every day is different, every Client and Customer is different and every property is different. … Continue reading

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Just Do It!

Sir Richard Branson struck a chord with me in aTV interview the other day.  He was asked what one piece of advice he would give to people that were unable to attend a speech/seminar that he was giving in Auckland.  His answer was “scr-w … Continue reading

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How Big Is Our Patch?

It certainly puts matters in perspective when we realise that Feilding’s residential real estate market makes up about 0.3% of New Zealand’s on a dollar value basis. That is under one third of one per cent! Palmerston North weighs in … Continue reading

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