‘Real Estate’ Archives
April Real Estate »
Recent comments from BNZ’s confidence survey results issued at the end of March around the property market included: Real estate appears weak with few buyers; Things appear to be on hold until the budget in May due to the tax changes; The comments from the survey in general suggested that the economy was improving slowly. There is a [...]
House prices start to bounce back »
House prices in Auckland and nationally are up and agents say a rosier picture of the market is finally beginning to emerge. Auckland prices rose from a median $420,000 in September to $433,000 last month and the national median nudged up from $330,000 to $335,000. Real Estate Institute figures out yesterday showed price rises in five [...]
Boom about to happen? »
I read the following article in todays Herald. This kind of news is exciting if you are an investor. The amazing thing is that in a city with 1.4 million people we only have 34 developments under construction. That is amazing and spells an upcoming shortage of space. "quote" Herald Downturn puts a stop to projects 4:00AM Wednesday Dec 03, [...]
Sharks Circling »
Well it’s been a miserable few months for investors in some finance companies and of course even sadder is the fact that many of those who invested were people who could ill afford to lose their savings. 18 months ago I had written in the Kiwi Property Investor magazine that any Finance company that took security over second hand cars purchased [...]
What was Blue Chip doing? »
There are so many nasty things to say about this Blue Chip fiasco, I have met personally with 2 clients who have lost nearly $1.5million between them because of Blue Chip. The story getting to the media about Blue Chip investors is terrible, but what about the Blue Chip clients? They have already settled on properties that are worth hundreds of [...]
Will Rents Rise »
The median national weekly rental has risen 7.1% in the last year, a survey of rental information by Massey University has found. The survey for February showed the median rental rising 3.4% to NZ$300 a week from NZ$290 in November. The biggest rises in Auckland were in the North Shore, where the median rent rose 11.1% in the last year, while [...]
How will the Auckland CBD go over the nex few years? »
Since producing an in-depth report on this market in 2005 and updating it in August 2007 the property cycle Slump phase has arrived in earnest. So the question that everyone is asking now is this… “How will the CBD Apartment market fare throughout the property slump of the next few years.” Interestingly the CBD Apartment market looks set [...]
Why Invest In Auckland »
Two things that makes us different to all the others is that we do not restrict ourselves to location or type of investment and we do not have stock that we then try to "fit" our clients into. This same philosophy extends to our selection in Residential Investments. Each client will have different criteria that will determine what type of [...]
I'm with Blue Chip, What can I do? »
Some thoughts on the Bluechip affair by Peter Dredge, BSc I’ve been working with a Bluechip Investor with several properties. I am acting in my capacity as a Residential Property Investment Advisor. Our joint aim is to weather the current storm whilst protecting my clients’ retirement plans. The key short term issues we have [...]
What is different about you and Blue Chip? »
Someone said recently "The only difference for investors between the horror of Blue Chip disappearing with their money and the Titanic going down is that there was no band playing as they were sinking." For years Professional Investment Services has been proud of the fact that our model is about as close to Blue Chip as a apple is to an [...]
