Tag Archives: Residential

Encouraging Statistics

Posted on January 17, 2013 by Michael Ford

As we all know, the Auckland residential real estate market is flying, with the median sale price at $535,000 across the entire city, and $920,000 for Eastern Suburbs. This has a major influence on the New Zealand residential real estate … Continue reading →

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Sales Up In October

Posted on November 15, 2012 by Michael Ford

The REINZ statistics show that there were slightly more residential sales in Feilding in October, than for an average month. The best months so far in 2012, in order have been July, February, October, March and May. The 4 worst … Continue reading →

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Value Levels

Posted on October 18, 2012 by Michael Ford

I have been observing the emergence of 2 markets in NZ over the last year or so. Auckland and Christchurch are seeing rising values, and the balance of the country is not. Eastern Suburbs in Auckland had a median residential … Continue reading →

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

Posted on July 26, 2012 by Michael Ford

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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June Showing Mixed Results in Feilding

Posted on July 19, 2012 by Michael Ford

The number of residential sales through all Real Estate Agents dropped to about 2/3 of a long term average in June. The median sale price for the month hit an unrealistic $288,000 which was $38,000 above that of Palmerston North. … Continue reading →

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Market Update

Posted on May 17, 2012 by Michael Ford

The April statistics showed a drop in volume of residential properties sold through all Real Estate Agencies in Feilding in April. The number dropped to 23 in April after 2 strong months at 35 in February and 32 in March. … Continue reading →

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Investors Trickling Back

Posted on April 12, 2012 by Michael Ford

Astute Investors are coming back into the residential investment market as rents are rising, and the prospect of further rent increases remains strong. Interest rates are attractively low, and values remain static. Feilding investment returns are better than in most … Continue reading →

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Home Affordability As Good As In 2004!

Posted on April 3, 2012 by Michael Ford

The Massey University March 2012 Home Affordability index for the Manawatu Wanganui region is 71.27% against the All Districts national index of 100%. This puts us in 2nd place, following Southland on 54.5% as the most affordable region. Otago is … Continue reading →

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Great Yields in Feilding!

Posted on February 9, 2012 by Michael Ford

I read in this weeks Sunday Star Times that provincial towns provide better returns for Residential Investors than expensive suburbs where rents are higher. Their survey was based on gross returns, which is where most Investors start when considering a … Continue reading →

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Merry Christmas

Posted on December 22, 2011 by Michael Ford

The Christmas/ New year period is a great time for making family decisions regarding housing and real estate generally. I am available by appointment to assist in relation to presentation, potential improvements, the market, values and marketing. I cover the … Continue reading →

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