Archive: 2010
What's on offer for landlords with SmartBond?How often have you heard it said (or said it yourself) that... “4 weeks’ bond just isn’t enough” or “ the legislation is too light” or “the bond system is geared towards tenants”. SmartBond is the perfect solution. Offer by Conference sponsor Scott Family Winemakers to property investors.Scott Family Winemakers is a major sponsor of the 2010 NZPIF Conference. An offer of a selection of their wines is being made to Conference delegates and to other property investors. ANZ paints sombre picture of house pricesANZ has painted a sombre picture of housing prices in its latest report saying they are “becalmed” and the pressure on prices is “slightly downward”. Quake helps property managers and vacancy levelsThe earthquake in Canterbury has been good for vacancy levels in the Christchurch rental market. "Vacancies are as low as they have ever been," Harcourts chief executive Hayden Duncan says. Bond repayments sped up in CanterburyCanterbury tenants forced to end the lease of their property due to earthquake damage should have their bond money released within 24 hours. Ignore speculation about Chch property pricesProperty owners are being warned not to take too much notice over speculation around what will happen in the real estate market. LAQCs - an update from Mark WithersAudio of Mark Withers on the imminent changes to the tax rules affecting Loss Attributing Qualifying Company - and, if you have one, what you need to do soon! Tighter insurance stalling real estate marketHouse sales are becoming impossible for real estate agents in Canterbury as home buyers get hit by tougher regulations on house insurance. Canterbury landlords warned about excessive rent risesCanterbury landlords are being warned not to raise rents excessively due to the increased demand for rental properties after the earthquake. REINZ residential highlights - August 2010Property sales have remained subdued, although house prices have been holding steady. To find out what's happening in the main regions throughout the country, use the links below. August house sales slump to near 2008 troughNew Zealand's residential property sales slumped by more than a quarter in August, with the volume near the depths of its trough two years ago. Chch tenants still sweating the small stuffChristchurch property managers are getting calls from tenants to deal with mundane management problems like broken washing machines while in the midst of dealing with earthquake-stricken properties and shaken tenants. Compulsory KiwiSaver 'has its drawbacks'Making KiwiSaver compulsory could boost national savings, the Treasury says, but it raises difficult wellbeing and fairness issues. Market buoyed by rate cutsThe residential property market remains constrained, although is being buoyed somewhat by fixed mortgage rate cuts, according to the ANZ's August Property Focus. Buyers cautious as activity remains subduedHouse prices extended their decline for a fifth month as a backlog of unsold property sits on the market. Rental market squeezed after quakeThe Canterbury earthquake will put pressure on the city's residential rental sector, as the pool of available homes shrinks and home owners whose properties have been condemned look for short to medium-term accommodation. Choice declining for buyersChoice for buyers in the Auckland residential property market is declining, with properties for sale at their lowest number in seven months. Hunters Wines special offer to property investorsHunters Wines is one of the sponsors of the 2010 Conference. It is offering two special six bottle packs to property investors as well as a range of other wines. Delivery can be to your home prior to the Conference or free to your hotel during the Conference weekend September '10 IssueWe all know the old saying about how much Kiwis love bricks and mortar as an investment but some of us take that even further. Showcase Auckland hotel Westin Lighter Quay in chaosOne of Auckland's top hotels, the Westin Lighter Quay, is in chaos as unit titleholders and receivers square off over access to and revenue from 114 of its 172 rooms and its bar, restaurant and retail areas. Results: 20 |