Archive for May, 2009

The monthly report on the level of mortgagee sales produced by Terralink International shows that in the month of March 201 properties were sold under the instruction of the lender on behalf of the owner.

This level represent more than a 4 fold increase as compared to March 2008 when just 42 properties were sold as a function of mortgagee sales. The graph below tracks the monthly sales over the  3 years.

NZ Mortgagee property sales to March 2009 Terralink

At a regional level the majority of sales (close to 50%) are accounted for by the Auckland region with double digit level of sales reported in Northand, Waikato, Bay of Plenty, Wellington, Canterbury and Otago. The highest year on year increase was witnessed in Wellington with 15 sales in March 2009 as compared to just 1 sale in March 2008.

Regional data for NZ mortgagee sales to March 2009 Terralink

The summary report containing all graph and data can be dowloaded here.

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The house used in New Zealand’s Next Top Model is up for sale. The house goes up for auction ton the 24th and according to Harcourts has already had interest from some serious buyers.

The question remains though…Who will win? Christobelle, Laura, Victoria, Ruby or Hosanna? 

 

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Check out the listing on Realestate.co.nz which has some more great photos.

Focus on Tirau

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Located in South Waikato, Tirau is just over two hours from Auckland, less than 40mins from Rotorua or Tauranga and just over an hour from Taupo.

It is a vibrant little town, which provides tourists and passing motorists with a wide variety of cafes and restaurants and offers a unique shopping experience, with everything from art, jewellery and clocks to antiques, fine wines and wool products.

There’s no doubt however, that the point of difference in this town is the corrugated iron signage, which is produced locally and now adorns most of the shops. And if you’re a tourist in town, it’s not possible to miss the Information Centre, which is housed in a large corrugated iron dog, next door to the large corrugated iron sheep!

Whether you’re visiting, just passing through or considering moving here, Tirau has something to offer everyone. Don’t forget your camera!