What's happening in real estate
What's happening in real estate

Win $10k Benchtop Voucher from Gran Marbello

Property Brokers  Friday, July 2nd
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Win $10k Benchtop Voucher from Gran Marbello

Just respond with your answers to following 3 Qs from the TOPSELL Quiz to enter free draw; 
 
Papamoa’s median sale value grew 22.6% in 1 year [1/4/21]. 
Q: What will it be for 2022? 
 
Q: What in Papamoa needs the most improvement? 
 
Q: if it's not sorted soon, when/where will you go? 
 
* Your estimate must be with 5% of reality. 
* You must own a home in Tauranga. 
 
A $816,000 home at the end of national-lockdown appreciated to $1,000,000 after a year. 
Due to increased housing development tax [$50k/ new home] for Tauranga’s Greenland as NZ’s continued population growth to supplement GDP growth statistics further burdens our transport and service infrastructure. 
Increasing wealth mainly through inflation and shortage of housing supply. 
 
Young families, Investors and Retirees are compensating for shortage of supply by paying what seem 2025 prices to join us here in Paradise. 
The market for selling has calmed recently, with the Real Estate Industry witnessing fewer properties selling successfully at Auction and an increase for days-to-sell as buyers can now compete with less impatience. 
The banks continue reluctance to support first-home-buyers. Yet the shortage of housing overcompensates for demand and maintains this boom in price. 
This winter will see investors cashing in their Capital Gains from the past decade and escaping the new regulatory restrictions. With fewer competitors for the buyers this can be the best time to profit from your property. 

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Have you considered buying or selling a property? Or do you know of a family member, friend or colleague who is considering buying or selling a property? Contact Doug Walters to experience next level service.

Doug Walters
M  027 867 7355P  07 282 7987
E  doug.walters@pb.co.nz

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