Posts Tagged ‘property’
The Day After »
It's the day after the budget and already the doom and gloom merchants are talking about the great property crash due to depreciation being removed from property investment. Obviously this is a great topic to focus on because there is a whole lot of misunderstanding, myths and untruths about the property investment market and it is easy to [...]
ANZ Portfolio Mortgage »
Today I read about a new product being released in Australia for investors. Fantastic. Hopefully ANZ will bring this product over the ditch as well and provide it here for kiwi investors. The following is an excerpt from the article. The ANZ Portfolio mortgage operates like a line of credit and is geared to enable investors to consolidate [...]
I’m in the News »
City suites are on the rise 4:00AM Sunday May 24, 2009 By Jane Phare Older investors are helping fuel a resurgence in the inner-city Auckland apartment market. The sector is bouncing back after two years suffering from leaky building fears, over-supply and banks refusing to lend the same percentages on "shoebox" apartments as other [...]
End of Week. »
Today the New Zealand sharemarket crept ahead early, helped by small gains for some leading stocks. The property market on the other hand experienced a 9.3% decline in national property values over the past year (compared with 8.9% last month). There are signs though of elevated buyer activity in the market, with more people attending open [...]
How to Calculate how much you can borrow. »
The following formula does not take into consideration any rental income you might have so for property investors ignore this one. I will let you know how that is calculated next time. If you are looking to start trading shares visit this site for a handy little tool: Stock Trader ProIf you are interested in Property investment visit this site [...]
Have you missed the property boat? »
From Interest.co.nz April 3rd, 2009 Auckland’s largest real estate agency group, Barfoot and Thompson, has reported sales volumes jumped in March to a 20 month high as buyers “returned with a vengeance” and sellers accepted a slight fall in prices to clear the market. “Certainly in March, the Auckland housing market emerged from its [...]
Q&A with a Client »
Today I thought I would share the answer I gave to a client who bought their first home last year before being introduced to us here at Professional Investment Services. His question to me was this "Ultimately I’d like to land bank somewhere (hopefully another depression will come in about 7-8 years), then when we can afford to build, we’d [...]
Property should I or shouldn't I »
It seems as each day goes by someone somewhere is saying buy property now whilst someone else is saying stay away. So whats the right answer? Well Interest rates have been dropping however a subtle change has appeared in the last week or so, the banks have started putting the fixed rates up. Property sales volumes are at levels not seen for [...]
Professional Investment Services in Australia »
I am heading to Australia again tomorrow so I thought I would provide you with this article from one of my Australian newsletters I receive. Most of us would agree that Australia and New Zealand do have some very close correlations when it comes to investment, property and mortgages. Professional Investment Services (powered by Financial Gain) [...]
Fantastic Drop »
The Reserve Bank yesterday reduced the official cash rate (OCR) by 150 basis points to 3.5%. Kiwibank was the first bank to reduce its rates with Westpac following closely behind. At the end of day all the other major banks had followed suite and made reductions to rates across the board, some passing on up to 100 basis points or more. All the [...]
