Go Back  British Expats > Living & Moving Abroad > New Zealand
Reload this Page >

Auckland is now a buyers' market

Auckland is now a buyers' market

Old Mar 6th 2008, 2:50 am
  #1  
Thread Starter
 
Joined: Nov 2006
Posts: 2,225
Nerine is an unknown quantity at this point
Default Auckland is now a buyers' market

Good news if you're thinking of buying soon

http://www.nzherald.co.nz/section/3/...ectid=10496492
Nerine is offline  
Old Mar 6th 2008, 2:55 am
  #2  
BE Enthusiast
 
Joined: May 2006
Posts: 716
brussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to beholdbrussels_sprout is a splendid one to behold
Default Re: Auckland is now a buyers' market

Originally Posted by Nerine View Post
Good news if you're thinking of buying soon

http://www.nzherald.co.nz/section/3/...ectid=10496492
Come back in 5 years time, then it will be a REAL buyers' market, them houses are headin' down south
brussels_sprout is offline  
Old Mar 6th 2008, 3:05 am
  #3  
BE Forum Addict
 
simonmarkellis's Avatar
 
Joined: Nov 2006
Location: Whitby Wellington
Posts: 2,440
simonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond reputesimonmarkellis has a reputation beyond repute
Default Re: Auckland is now a buyers' market

But i don't want to live in Auckland.....
simonmarkellis is offline  
Old Mar 6th 2008, 5:18 am
  #4  
NZ ways is best ways :0)
 
Wiz'n'Ton's Avatar
 
Joined: Oct 2006
Location: Christchurch, NZ
Posts: 1,109
Wiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond reputeWiz'n'Ton has a reputation beyond repute
Default Re: Auckland is now a buyers' market

Same here in ChCh - bro in law was gonna buy but is now holding off for 6 months in anticipation of a drop in the market of 2 or 3%. The papers, people in the street and the general figures from the property markets say a price drop is happening right now. The only people saying otherwise are vendors and estate agents.

Even though we have prob bought ourselves at the height last October, it can only be a good thing for NZ as a whole....?
Wiz'n'Ton is offline  
Old Mar 6th 2008, 5:13 pm
  #5  
BE Enthusiast
 
Joined: Nov 2004
Location: Waitakere City
Posts: 539
dlmckay is a glorious beacon of lightdlmckay is a glorious beacon of lightdlmckay is a glorious beacon of lightdlmckay is a glorious beacon of lightdlmckay is a glorious beacon of lightdlmckay is a glorious beacon of lightdlmckay is a glorious beacon of lightdlmckay is a glorious beacon of lightdlmckay is a glorious beacon of lightdlmckay is a glorious beacon of lightdlmckay is a glorious beacon of light
Default Re: Auckland is now a buyers' market

My father (who has made his fortune buying, doing up and selling property) is fond of quoting "a house is only worth what someone will pay for it".

There's been a lot of overinflated values lately and it's good to see a little more sense in the market
dlmckay is offline  
Old Mar 6th 2008, 7:26 pm
  #6  
By name and by nature
 
Joined: Mar 2005
Posts: 1,852
Batty has a reputation beyond reputeBatty has a reputation beyond reputeBatty has a reputation beyond reputeBatty has a reputation beyond reputeBatty has a reputation beyond reputeBatty has a reputation beyond reputeBatty has a reputation beyond reputeBatty has a reputation beyond reputeBatty has a reputation beyond reputeBatty has a reputation beyond reputeBatty has a reputation beyond repute
Default Re: Auckland is now a buyers' market

Originally Posted by dlmckay View Post
My father (who has made his fortune buying, doing up and selling property) is fond of quoting "a house is only worth what someone will pay for it".

There's been a lot of overinflated values lately and it's good to see a little more sense in the market
The cost of change is cheaper in this market and if you're selling for a lower price than a year ago you'll also be buying for a cheaper price than a year ago We got a flyer from Barfoots the other day - they're offering over $1,000 worth of free marketing if you list with them for 60 days. So long as you could negotiate their commission too, that sounds like a good deal.
Batty is offline  
Old Mar 7th 2008, 10:05 am
  #7  
BE Enthusiast
 
owen's Avatar
 
Joined: Jan 2004
Location: JAFAland, NZ
Posts: 747
owen is a splendid one to beholdowen is a splendid one to beholdowen is a splendid one to beholdowen is a splendid one to beholdowen is a splendid one to beholdowen is a splendid one to beholdowen is a splendid one to beholdowen is a splendid one to beholdowen is a splendid one to beholdowen is a splendid one to beholdowen is a splendid one to behold
Default Re: Auckland is now a buyers' market

Originally Posted by simonmarkellis View Post
But i don't want to live in Auckland.....
EH?? Why not? It only took me one and half hours to cover 31km this evening
owen is offline  
Old Mar 7th 2008, 9:30 pm
  #8  
Thread Starter
 
Joined: Nov 2006
Posts: 2,225
Nerine is an unknown quantity at this point
Default Re: Auckland is now a buyers' market

You run fast! ......
Nerine is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.