Vanya Petkova - Realtor Sales Associate

17/10/2024

"They say a picture is worth a thousand words, so this month we have six of them, in the form of graphs, to help explain what is happening in the residential property market.
Unfortunately they paint a very messy picture. Read more:...

📍Contact me now for expert real estate advice regarding your property.

More than 3000 residential properties a month are being taken off the market

14/10/2024

According to the Real Estate Institute of New Zealand, 5816 residential properties were sold throughout the country in September. That was down 3.3% compared to August, and down 1.1% compared to September last year.
❓️What your property worth on today's market? Call me for free market Appraisal - 021 808024 and we can talk.

House sales declined in September but prices held their own, REINZ says

23/09/2024

Virtual staging is a cost-effective method for us to make properties more appealing to potential buyers. Rather than using traditional home staging techniques, where furniture and decor is physically brought in and arranged, digital technology is used to add furniture, decor and other design elements to a room. This is done through the use of computer software and 3D rendering, creating a virtual representation of a fully furnished and decorated space.

By using virtual staging, we can increase the perceived value of a property and make it more attractive to potential buyers by showing them how the space could look when it is fully furnished and decorated. I am curious to know what your thoughts are :-)

https://www.facebook.com/share/v/aFx2MFnLLTeeusT8/

19/09/2024

"An Auckland real estate agent has sounded the alarm on builder reports, telling OneRoof that some buyers are currently basing their decisions on sub-standard or overly zealous inspections.
The agent, who wished to remain anonymous, said builder reports varied in quality, and sometimes it was hard to get a consensus view on the integrity of a home"...see more:

Agents and experts call for more regulation.

17/09/2024

Contact me now for the Appraisal of your property. I can also provide Guidance on Preparing Your Property for the real estate market to achieve the best sale price. Contact Vanya at 021808024. Thank you!

12/09/2024

"Fixed home loan interest rates are taking another step lower with the latest move by ANZ, the nation's largest mortgage lender.
To be fair the dip is not large. But it is significant because it restarts the stalled cutting momentum. And two of its new rates are now market leading."...How this can affect the real estate market and you as a seller or buyer? Contact me now to discuss - 021 80 80 24

The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages

10/09/2024

The national average house price was $888,999. That was 10.2 percent lower less than the same time last year, but just 0.3 percent less than at the end of June.
How much your property worth on today's market? Contact me for your Free market apraisal on your property.

House prices continue to fall but price volatility is expected to persist until sales volumes pick up.

19/08/2024

Sometimes people don't realise how hard we - real estate salespeople/agens/realtors, work. Despite of our hard work, we may not get paid for our months of hard work. How many professionals work for free nowadays? Free-of-charge property appraisals, driving to many properties for free, doing open homes for free, and having meetings with clients and customers for free. Writing emails, and helping with writing all documents for free. And much more...listen to this video...
https://www.instagram.com/reel/C8MggYLOD8o/?utm_source=ig_web_button_share_sheet&igsh=MzRlODBiNWFlZA==

14/08/2024

🪙 The OCR was cut 25 basis points from 5.5% to 5.25%. It is the first cut since March 2020 and a positive move for homeowners under pressure from high interest rates...

Further good news for homeowners.

04/08/2024

The total number of homes for sale on the realestate.co.nz website in July was up 32.3% compared to July last year, while new listings received in July rose 31.3% for the same period.
So there is still a flood of properties coming onto the market.

"Buyers have ample choice and time to decide," Realestate.co.nz CEO Sarah Wood said.

"But this will be a competitive market for many sellers - they should research local market trends and be prepared to negotiate to meet the market," she said.

18/07/2024

It would be a good news :-)

High interest rates are dropping, Westpac and ANZ dropping their home loan rates amid falling inflation and a softened tone from the Reserve Bank.

07/07/2024

"A Wellington mortgage broker, who asked not to be named, said the high cost of living combined with the thousands of job losses in the public sector would result in forced sales.
It was likely people would still owe money to their lender even after their house was sold, he said" Read more about this....

Agents and mortgage brokers are seeing a lot of pain in the market.