We are very pleased to be able to share the following insights recently authored by Tony Alexander. Tony was the Chief Economist at the BNZ for 26 years and is now an independent Economics speaker. 6th April 2020. Last Wednesday
What is it? You delay payments by a period of time and add these to your mortgage to be repaid at a later date. You effectively borrow money from the bank to pay for your upcoming payments. You make no
COVID-19: A fall in sales volumes, but will prices hold firm? The team at homes.co.nz recognises this is a very difficult time for all New Zealanders and the most important thing is everyone remains safe in the coming weeks and
More and more New Zealand homes are being sold ‘as is, where is’ after the Canterbury and Kaikōura earthquakes. These properties are often listed at a lower price and can be tempting for first-home buyers with DIY dreams. We take
Making room for older parents, providing children with their own space, and having a home office is among the key reasons homeowners are trading up to larger properties according to one industry professional. Auckland home stager Janine King of Janine
According to Stats NZ people in the South Island live a little longer than those in the North Island – by one year on average. Dig a little deeper in the data though and you can identify regions such as
We’re proud to have partnered with Airbnb giving New Zealand homeowners a global first – an Airbnb Estimate for how much they could rent their entire house or a private room out for. With Easter and Anzac Day, weekends fasting
What is your favourite era of home? Do you dream of a character villa, or are you more interested in a new build? This month, the team at homes.co.nz have looked at property prices within different housing eras. We categorise
We’re more assured when we see how a product has worked for someone else. Their experiences are relatable and if all the hard work and research into a product has already been done for you – why not use it?
What is revolving credit? A revolving credit loan acts in a similar way to a large overdraft account. A revolving credit account is a current account that can be withdrawn without notice. This type of account caters to frequent deposits
Understanding the different kinds of home ownership in New Zealand can be confusing. Buying a unit title property, such as an apartment or townhouse, means you automatically become part of a body corporate, but what does this mean for you?
New Zealand’s housing market looks primed for another rally in house prices, with low-interest rates and constrained sales stock fuelling the fire. However, the market is set to cool by mid 2021. That’s the view of Brad Olsen, senior economist
If buying or selling a home is like running a marathon, getting to the point of signing the sale and purchase agreement is like turning into the home straight. It may feel as if you’re nearly there – the end
#2 of a 3-part series about mortgage structures and how to restructure your mortgage. In a previous blog post we discussed how mortgages can seem complex but how with the right advice, they can be made simple to understand and
There’s plenty of advice for first-time homebuyers looking for a step on the property ladder. While one option is to buy a property and rent it out; that doesn’t help those wanting to settle down and lay down roots. Thankfully,
