New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
A mass mortgagee auction of nine rental properties formerly owned by real estate agent and mentor Don Ha was successful, with all the properties selling.
The number of mortgagee sales has increased over the last quarter - and this time it's mum and dad owners being hit rather than over-stretched property investors.
The average weekly rent rose 7.4% in the year to June 2011, and 35% of New Zealand households made rent payments over that period.
Massive Action property mentor Dean Letfus has declared himself bankrupt following the collapse of his business and property investment empire.
Expectations that house prices will rise have fallen over the October quarter, and less people believe now is a good time to buy a house.
Almost three times more mortgagee properties came to market this year than before the global financial crisis in 2007.
A portfolio of 10 properties – eight of them with tenancies in place – will be auctioned by Bayleys in what the estate agent has described as one of Auckland’s biggest residential portfolio sales.
Bursting the housing bubble – and making homes more affordable – will not be achieved by a capital gains tax, claimed ACT leader Don Brash.
REINZ rounds up the sales numbers, open home volumes, prices and days to sell data from across the country.
The national median house price rose by $9,000 in October and sales were up almost 30% on the year earlier, according to the latest Real Estate Institute of New Zealand (REINZ) report.
Wellington and the Hutt Valley have again topped the BNZ-REINZ Residential Market Survey for investor activity, with 37.9% of real estate agents reporting investors active in the market.
The popularity of rental property among investors has hit an almost 10-year low, according to the latest ASB Investor Confidence survey.
Property prices up nationwide, parts of Auckland above 2007 peak
National property values continued to gradually rise across the country and are above 20007 peak levels in parts of Auckland, according to the QV residential property index for October.
The arrival of spring has seen a modest increase in interest in the Auckland housing market with more homes listed, the average price edging up though the number of sales fell slightly.
Property sales rose in October despite the Rugby World Cup, school holidays and confidence issues negatively affecting buyer enquiry levels, according to First National’s monthly residential property survey.
Rent isn’t the only money to be made from rental property, as the growth in investment property seminars and mentoring shows, and for Property Investors Federation president Andrew King, it’s a concern.
Property asking prices hit their highest level since 2007 in October at $434,161, according to the latest Realestate.co.nz NZ Property Report.
Property Tutors – whose recent newspaper advert triggered a Financial Markets Authority (FMA) warning – has been defended by Gilligan Rowe & Associates (GRA) Matthew Gilligan.
Best banks revealed - who will lend you the most.
A common problem that I have been hearing for most of this year is how long it takes to get a Tenancy Tribunal hearing. I know from recent personal experience how frustrating it is to have a tenant living in your property and refusing to pay rent. You feel powerless as you wait for the hearing date to finally arrive.
Need help or