Phew, what a week! My 4 Hauraki listings sold at auction in 2 days! In order they are: 66 Jutland Rd, 11A Pine Ridge Tce, 21 Sydney Street, 1A Walter Street. Now for a well deserved holiday
After 5 months of discussions and planning with Council, on 19th March 2016 I organised a team of volunteers to begin the project of upgrading the fence of our lovely LakeTown Green. With a bit more work by Council and the volunteers we should have a lovely new picket fence with a mowing strip. Watch out for the notices on the gates when you can be of help! Or call Ilse on 021 909 313.
An outstanding profit for the Hauraki fair. $100,000! Harcourts loves to be part of this event and this community…and so do I!!
That famously wealthy investor Warren Buffett often quotes “Mr Market”. Who is this person? It’s really just a simple metaphor to explain market fluctuations. Often the sole reason for the change in price is Mr. Market’s emotions. A rational person will sell if the price is high and buy if the price is low. He would not sell because the price has gone down or buy because the price has gone up. While the erstwhile Mr Buffett is talking about the stock market, the same principal applies to property. However, as with the stock market, the property market often does not behave rationally.
So how do we work out when is the best time to buy or sell? Here are some simple facts from REINZ. In September 2015 8174 dwellings were sold. This is a 38.3% increase over September 2014 and 5.3% higher than August 2015. Spring is traditionally a strong listing market. However, this year while sales are strong new listings are still not keeping pace with those sales which means that the market is stable and prices are not likely to drop in the mid term. So if you are wanting to make a decision but feel uncertain about timing give me a call and we can discuss your immediate and future needs.
Today, the Land Transfer Amendment Act 2015 and the Tax Administration Amendment Act 2015 come into force. From today if you are selling or buying a property you will be required to complete a Tax Statement with your solicitor or conveyancer to enable settlement to proceed. In some circumstances you may be required to provide further information in your Tax Statement, e.g. NZ IRD Number and NZ Bank Account.
I love to be involved with the Poetry Competition as the sponsor. At the prize giving it was a pleasure to congratulate the winners and to see the pleasure the children got from writing their poems and entering into the competition.
“Thanks so much to you and Geraldine for coming out to our school to award the fantastic prizes for the poetry competition. The children have been buzzing with excitement all day.”
Harcourts New Zealand’s commitment to the training, mentoring and employment of auctioneers paid dividends in July with Andrew North named as National Champion at the REINZ National Auctioneering Championships for 2015. Andrew, from Harcourts Cooper & Co Ltd on the North Shore, has been an auctioneer for 13 years. He won the title after a tough two days of competition against the 25 top real estate auctioneers in the country. Andrew is also the current Australasian Auctioneer of the Year and will now go on to defend his title in Melbourne later in the year.
Another Harcourts auctioneer, Sam Walmsley, also of Harcourts Cooper & Co, was named the 2015 Rising Star at the awards. Harcourts commitment to training and mentoring the country’s top auctioneers was demonstrated not only by the double win, but by the fact that 13 of the 25 competitors at this week’s REINZ National Auctioneering Championship were from Harcourts. Two of the four finalists in the Senior competition, Andrew North and Aaron Davis of Blue Fern Realty, were Harcourts auctioneers. In the Rising Stars competition, four of the 12 entrants were from the Harcourts NZ team.
A sudden change in temperatures this past week sent many of us looking for the winter jackets… but it has shown no signs of cooling the Auckland Real Estate market which is going from strength to strength. So many indicators are suggesting now is a great time to act!
Harcourts Cooper & Co were thrilled to be a major sponsor of 2014 NZ Sculpture OnShore – and this week our Managing Director, Martin Cooper presented a cheque for $180,000 to Womens Refuge NZ for funds raised from this wonderful event.
Other HOT news… our Harcourts NAI Commercial team concluded a sale on the ex-Takapuna Fire Station this week… this substantial land holding generated huge interest from a wide range of buyers and was purchased by a New Zealand business.
It’s exciting times in the current real estate market with great conditions for buyers and vendors alike.
Latest statistics show traffic to the Harcourts website was up by 9% in October 2014, reaching 2.7 million page views. We remain the most viewed website of all the real estate groups.
Harcourts.co.nz continues to get fantastic results via Nielsen Online Ratings for top real estate brands online within New Zealand. For the three month period July to September 2014 Harcourts’ website harcourts.co.nz had more unique visits than any other real estate group proving we have the highest percentage of people shopping for real estate online! Where else would you want to advertise your property?
My favourite auctioneer Andrew North, after many times being a close runner-up in the Australasian Auction Championships, has finally nailed it. Last week he beat off tough opposition to become Number 1!! In Andrew’s words – “the monkey is finally off my back!”
Congratulations on an amazing achievement Andrew.
