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Mike Pero Real Estate Ltd Licensed REAA (2008) Statement relating to passing over of information: mikepero.com/receivinginformation Currently For Sale & Recently Sold 0800 500 123 www.mikepero.com Suzanne McDowell 027 494 2405 [email protected] Isn’t it a wonderful thought – we are past the shortest day! I hope you have all got through this late but wet winter with the thought that spring is only round the corner. People often ask me whether or not they should sell their property in winter - and the answer is definitely. There are less houses on the market for you to compete with and there are always buyers looking to buy – no matter what the weather. There is nothing nicer than walking into a warm home which can be created by heating, colour and accessories. These are the touches we help you with to maximise your property. I would like to make mention of our friendly team at Highland Park Shopping Centre which includes Wendy Cracroft, Lawrence Wong and Robyn Mackey, all of whom are extremely experienced in their fields. Our clients love dealing with highly skilled professionals and we ensure that the level of service we provide is only the best! We always love people dropping into our office for a bit of advice or just to say hi. We always have a coffee at the ready, so next time you are passing by, we would love to see you. Best wishes, Suzanne Find out more about these properties on our website mikepero.com Property Talk with Suzanne JULY / AUGUST ‘14 Mike Pero Real Estate Ltd Licensed REAA (2008) Thought You Couldn’t Afford Sunnyhills? SOLD 2/17 Rothwell Place, Sunnyhills 2 1 Options Galore! SOLD 37 Juliet Avenue, Howick 5 2 Short Walk To Botany College SOLD 15 Mellefont Close, Dannemora 3 2 Your Wait is Over SOLD 137 Reeves Road, Pakuranga 4 1 Owner Welcomes Offers! $469,000 2/46 Carlos Drive, Flat Bush 3 3 ID# MPRE26394 So Much For So Little! By Negotiation 58a La Trobe Street, Pakuranga 5 2 Two Bedrooms Plus Study By Negotiation 18a Regia Close, Half Moon Bay 2 1 ID# RX152601 A Home To Warm Your Heart $579,000 22 Killeen Place, Flat Bush 3 2 ID# MPRE26399 Need More Space? By Negotiation 4/7 Marbeth Court, Botany Downs ID# RX160925 4 3 ID# RX179633

Property Talk with Suzanne - July/August '14

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Page 1: Property Talk with Suzanne - July/August '14

Mike Pero Real Estate Ltd Licensed REAA (2008) Statement relating to passing over of information:

mikepero.com/receivinginformation

Currently For Sale & Recently Sold

0800 500 123 www.mikepero.com

Suzanne McDowell027 494 [email protected]

Isn’t it a wonderful thought – we are past the shortest day! I hope you have all got through this late but wet winter with the thought that spring is only round the corner.

People often ask me whether or not they should sell their property in winter - and the answer is definitely.

There are less houses on the market for you to compete with and there are always buyers looking to buy – no matter what the weather.

There is nothing nicer than walking

into a warm home which can be created by heating, colour and accessories. These are the touches we help you with to maximise your property.

I would like to make mention of our friendly team at Highland Park Shopping Centre which includes Wendy Cracroft, Lawrence Wong and Robyn Mackey, all of whom are extremely experienced in their fields.

Our clients love dealing with highly skilled professionals and we ensure that the level of service we provide is only the best!

We always love people dropping

into our office for a bit of advice or just to say hi.

We always have a coffee at the ready, so next time you are passing by, we would love to see you.

Best wishes,

Suzanne

Find out more about these properties on our website mikepero.com

Property Talk with Suzanne JULY / AUGUST ‘14

Mike Pero Real Estate Ltd Licensed REAA (2008)

Thought You Couldn’t Afford Sunnyhills?

SOLD

2/17 Rothwell Place, Sunnyhills

2 1

Options Galore!

SOLD

37 Juliet Avenue, Howick

5 2

Short Walk To Botany College

SOLD

15 Mellefont Close, Dannemora

3 2

Your Wait is Over

SOLD

137 Reeves Road, Pakuranga

4 1

Owner Welcomes Offers!

$469,000

2/46 Carlos Drive, Flat Bush

3 3 ID# MPRE26394

So Much For So Little!

By Negotiation

58a La Trobe Street, Pakuranga

5 2

Two Bedrooms Plus Study

By Negotiation

18a Regia Close, Half Moon Bay

2 1 ID# RX152601

A Home To Warm Your Heart

$579,000

22 Killeen Place, Flat Bush

3 2 ID# MPRE26399

Need More Space?

By Negotiation

4/7 Marbeth Court, Botany Downs

ID# RX1609254 3

ID# RX179633

Page 2: Property Talk with Suzanne - July/August '14

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REINZ regional data for June 2014 has found that the median price trend continues to improve, although the volume trend is now falling. The days to sell trend is continuing to ease, with the overall trend for the region remaining steady.

Compared to June 2013, the median price increased by $45,000 (+8.1%), with prices increasing the most in Rod-ney and Outer Auckland.

REINZ stats show the median house price in Pakurangawas just shy of $600,000 with the June 2014 median sitting at $599,000. The median price in Howick increased by $19,000 from the 12 months between June 2013 and June 2014.The Howick median for June 2014 was sitting at $649,000.

Auckland’s median days to sell was steady at 34 days between May and June.

REINZ Chief Executive, Helen O’Sullivan noted that, “activity across Auckland continues to ease with atten-dances at open homes patchy and days to sell increasing. Vendors are starting to become more realistic on price expectations, although the number of listings continues to be an issue across the region.”

What’s Happening in the Market?

$747,000

$525,500

$655,750

$560,000

$580,000

$505,000

North Shore City

Waitakere City

Auckland City

Manukau City

Rodney District

Outer Auckland

Compared to May 2014, Auckland City saw an increase of 5.6% in sales volume but the rest of the region experienced falls, particularly in the north and west of the region.

Source: REINZ

Median Price Breakdown - June 2014

information on 0800 500 123

Mike Pero Real Estate Ltd Licensed REAA (2008)

Taking advantage of the winter property marketWith the colder months of winter having arrived, the property market also has a tendency to cool off , with some sellers tempted to hold off until spring and summer to sell their property. However, there are some distinct advantages to selling your home during the winter months.

There are generally fewer listings on the market during winter however this can open your home to greater exposure. A lack of listings can also result in increased buyer competition. The colder conditions should filter out any tyre kickers or nosey neighbours – instead attracting those who are serious buyers that have the intention of making a purchase.Here are some great ways to maximise the viewing potential of your home during the winter months.

HeatingBy selling your home at the coldest time of year, you have the opportunity to showcase all of your winter warmers and demonstrate that they are working and ready for the purchaser to use. Buyers will ask themselves if it felt

cold while looking through the house and they’ll look for functioning hot water and heating systems. Heating is of particular appeal if you are selling an older house and it can be a pivotal factor when a buyer looks to make their home-buying decision.

LightingWith winter comes colder temperatures, shorter days and less natural light. A lot of people who are thinking about attending an open home will often drive past the property in the evening and nothing looks better than a house lit up at night time. Therefore it’s a good idea to set timers up for those night time drivers.

Thinking AloudThere’s no doubt that interest rates have risen and yes (sadly) they may rise again - but don’t be deterred. Interest rates have risen and fallen for centuries and up until recently, interest rates on home loans were at a 50-year low. Most floating rates were at 4-5% and it seemed too good to be true. But despite what the media might say, I truly believe home ownership in New Zealand is still very aff ordable. The rates are currently increasing in 0.25% increments and I don’t consider this the end of the world. Maybe buy one less coff ee every couple of days, or if you’re a smoker, here’s a good reason to stop now - you’ll increase your life span too. Look at it this way, a 0.25% increase on $100,000 means paying an extra $250 a year (68c a day) and a 0.5% increase on $100,000 is an extra $500 ($1.36 a day) per year. It’s all good.

*The winner will be drawn on September 1 and will be contacted by phone and notified accordingly. The voucher is valid for 12 months. It can only be redeemed in store and it is not redeemable for cash. The Judge’s determination of the Winner will be final and no correspondence will be entered into.

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