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Chief Economists BNZ - Overview

We are always interested to read Tony Alexander's (Chief Economist - BNZ Bank) weekly overview ... he suggests that
borrowers look likely to enjoy an environment of low interest rates for a number of years yet, especially as downside risks to world growth start to grow stronger. He suggests if he were borrowing at the moment he would remain inclined to fix most of his debt for two years ... Perhaps, some fixed for three years, but would not fix longer than that. Read the full overview

MOST TRUSTED BRAND - 6 Years Running

We are excited, proud and honoured to be awared the Most Trusted Brand again this year, for the 6th year consecutively.  We have some exciting things happening in the future; to ensure Harcourts is living up to this goal of offering clients a premium service, the company will, in 2018, launch a client experience project. This will allow every customer the opportunity to rate their experience with our company and our people, in a transparent way that can be measured. It’s an exciting innovation which will allow Harcourts to continue to grow our people and constantly evolve our service to clients.

Buyer Tips.

Buying a house is the one of the biggest financial decisions you'll make. With a massive amount of information at your finger tips, here are 3 tips to guide you in the right direction ... if you need professionals - F&P can help you find a specialist.

 

Improvements for Queenstown Gardens

As part of the 10-year plan Queenstown council will look to make improvements to the Queenstown Gardens by adding new lighting, new public toilets, a new vehicle entrance and improving the pathways.  There are, however concerns that big events could be held there.

Largest Bank Undercuts Rivals with Special

With other banks offering great deals on their home loans - ANZ have followed but decided to go one better  .... It is reducing its one year fixed rate 'special' by -10 bps, taking the rate down to 4.25%.  That makes it the lowest one year carded offer from any bank other than the 4.19% offer by HSBC Premier.  This deal is only available until April 30, 2018.  Of course there is some conditions ... As a 'special', it requires at least 20% equity in the property, and customers need to have an ANZ transactional account with salary direct credited. Plus new home loan customers need to commit to one other ANZ 'product'.

 

Good Rates at the bank!

There has been good activity in the market in the first part of this year ... the banks are offer some special offers to those that meet the criteria.

Apple Recognises Harcourts.

New Zealand Real Estate group Harcourts, has been selected from a world-wide category to be the first real estate company to be featured across Apple’s global web network with a case study showing how they have used Apple’s iOS technology to transform their business.

F&P work with some great systems via Apple Product.  For example ...next time you are at an Open Home - you may notice us using an Ipad to register people that have attended the Open Home.  Harcourts uses some great technology to help our buyers and sellers acheive their property goals.  Ask F&P how they can help you.

 

 

 

 

Queenstown to Upgrade Town Centre

The sign off to proceed to a detailed plan to upgrade Queenstown Town Centre  was unanimously approved.  Queenstown will look to spend $385 million - with a plan to construct a $41.5 m council building.

Investment Returns STRONG in Otago Area

Nationwide house value growth has eased for the past quarter, but investment property returns in Dunedin, Central Otago and Wanaka are attracting investers. Analysts have been citing numerous reasons for the cooling housing market, including tighter banking conditions, the effect of the Reserve Bank's loan-to-value ratio restrictions, increasing interest rates, and more recently pre-election hesitancy. QV Dunedin property consultant Aidan Young said the market still remains very competitive, particularly for first home buyers.

 

Rental returns from housing in Wanaka (pictured), Dunedin and Central Otago are attracting the attention of investors. Photo: Stephen Jaquiery