Buying or Selling....who's in?

[ari]

Anyone in the current market either buying or trying to sell?

[Corporate]

I'm looking to pick up bargins

[Steve]

Give it another 6 months and I will start looking through the property pages again...

[ari]

Yes, I think 6mths out and the bite will really be on with bargins a plenty as is showing already.
Today is the 278 day I have been on the market to sell, and I've come back $50k on price.

[Year of the Tiger]

I've been keeping an eye on the properties on the market in my area on the Shore. There has been a reasonable increase in the number of 'For Sale' signs staked out on property fronts, and oodles of Open Homes on the weekend. Occasionally a 'Sold' sign appears.

I go walking most evenings after work and cover the same 5 ks of my neighbourhood each day and it is interesting how much the landscape changes as far as properties being on the market is concerned.

It sure as hell beats wading through pages and pages of properties at this early stage as I'm really just trying to guage how the market is going. And I get some essential exercise as well...

You never know, I just might spot a bargain one day...

YOTT

[Brut]

I live in Kerikeri, Northland & the property market has slowed down alot in the last six months but people are still asking top dollar at present.

Good properties are still selling. I have just recently listed my property & had a comfirmed offer within 7 days so there are still buyers out there.

[Financially dependant]

I sold up and moved out of Queenstown and planing on waiting a winter or two to re-enter the market in Chch.

The feed back so far is there are a lot of empty open homes going on.

[STRAT]

Collecting rent and pretty much ignoring the market at the moment

[Arbitrage]

Me too Strat. Are you putting the rents up in the near future (or recent past)? If so by what %?

[STRAT]

Me too Strat. Are you putting the rents up in the near future (or recent past)? If so by what %?

No, I have good tenants and they can be hard to come by.

One in the hand worth 2 in the bush and all that.

All good relationships need fairness from both sides. Of course if I was in a situation such as holding a large mortgage at the floating rate I would have to consider it. Comes down to the math at the end of the day eh?

Where are you based if you dont mind me asking?