It’s the time of year when feet get itchy and change is in the air. Whatever property move you are considering, be sure to consult the experts.
New Zealand’s traditional summer shutdown can make for a slow real estate market as people head away to their holiday haunts and enjoy time with family and friends. Beneath the surface, though, there’s a lot going on – as people finally get a chance to draw a breath and relax, they get to reflect on their life and circumstances and whether the time is right for a change.
There’s nothing like checking out the window of the local real estate agent in your favourite holiday hotspot to get the feet feeling itchy. Chilling out and chatting with partners and friends also gets people thinking about the year ahead. Refreshed and relaxed, we’re in a good space to set some goals for the new year.
For some, the decision will be to buy their first home. For others it might be time to upsize or downsize, or to consider buying an investment property. Whatever the case, the advice and services of a good real estate professional will ensure you are fully informed and in control.
If you are ready to buy your first home, be aware that the combination of low interest rates and assistance through Kiwisaver mean this end of the market is very competitive. You will need to be ready to act when you see something that suits your needs, so make sure you have done your research and lined up your finance.
Some might start to realise the nest is a bit full these days, or alternatively a bit too empty, with mum and dad rattling around in the family home. Upsizing and downsizing in response to these changes can be stressful, which is where professional advice can be so helpful, ironing out any difficulties and ensuring the whole process runs as smoothly as possible.
Buying an investment property is all about the head, not the heart. Age, location and how much maintenance is needed are important factors for rentability and profitability, and again it’s a good idea to get expert advice.
If you are looking to make a property decision, I am a phone call away.