Marlborough Property Investors' Association

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marlborough@nzpif.org.nz

News & Updates

Recent updates

Archive: 2008

August '08 Issue

  • How to Master this market.
  • Tirau investor Henry Clothier
  • Four clever ways of using leverage
    01-08-2008 more >>
  • Ratepayers likely to face $2m leaky homes bill

    Twelve Takapuna townhouse owners have been awarded more than $2million to fix their leaky buildings - ant the North Shore City Council is expected to foot the bill.
    31-07-2008 more >>

    Banks fall into line on mortgage rates

    The main banks have followed ASB's lead in chopping the most popular interest rate with home owners two-year fixed to 8.95 per cent.
    31-07-2008 more >>

    Trading places in a tight market

    The "trade" market, in which sellers and buyers offer to exchange properties or other assets to help conclude a property transaction, is coming back into prominence again.
    27-07-2008 more >>

    OCR reduced to 8.00%

    The Reserve Bank today reduced the official cash rate (OCR) from 8.25% to 8.00%.
    25-07-2008 more >>

    Bollard cuts interest rates - but what will the banks do now?

    The Official Cash Rate was this morning cut for the first time in five years but homeowners might have to wait for their mortgage rate to follow suit.
    24-07-2008 more >>

    Buying a house 'more than twice as dear as renting'.

    Buying a house is now almost two to two and a half times as expensive as renting, according to figures to be presented at a seminar today.
    22-07-2008 more >>

    Get rent wise

    Becoming a landlord in a slow property market can be daunting particularly if you don't know the first thing about tenancy law.
    19-07-2008 more >>

    Rollercoaster rates

    Borrowers face renewed uncertainty over the future direction of home loan rates following events of recent days in New Zealand and overseas. The general direction of rates is still downward but the descent looks set to include some hairpin bends.
    18-07-2008 more >>

    President's July Report

    Code of Ethics launched. New Landlord of the Year Award. Comments to politicians on RTA Amendment Bill. Online transaction facility organised. High profile speaker’s tour of 7 Associations.
    17-07-2008 more >>

    Kiwis told to be wary of Aussies bearing gifts

    High profile Australian property investor and author Michael Yardney warns New Zealanders they could be ripped off by Australian property marketers
    16-07-2008 more >>

    Veda Advantage releases six-month economic review as times get tougher for Kiwis

    New Zealand's largest credit information provider today released its first biennial snapshot of the NZ economy, based upon comprehensive information collated from its Credit Bureau.
    16-07-2008 more >>

    Property keeps falling - June prices down 2 percent.

    The winter housing slump is showing no sign of abating, with median prices falling by 2.15 per cent in June - from $345,000 in May to $340,000 according to official numbers released today by the Real Estate Institute.
    11-07-2008 more >>

    Make it short

    Finally it seems there is some good news for borrowers at the moment. After a long period of rising home loan rates there are clear signs that things area turning around.
    11-07-2008 more >>

    Investors seek farm exposure

    Growing investor demand for exposure to the booming dairy industry is expected to stimulate New Zealand Exchange (NZX) listings, with six diary company floats likely within the next three years.
    10-07-2008 more >>

    Houses rented out as sales stall

    Activity in the housing rental market market is surging as vendors back off on selling during the housing slump
    04-07-2008 more >>

    Surprise! Funding costs rise again

    Just as we had got accustomed to the idea that the worst might be over for mortgage rates, the market has sprung another surprise.
    04-07-2008 more >>

    RESIDENTIAL TENANCIES AMENDMENT BILL - Introduced

    The RTA Bill is on Parliament’s agenda for its first reading. The Bill is to be referred to the Social Service Select Committee for consideration.
    30-06-2008 more >>

    NZPIF President's June Report

    RTA Amendments tabled in Parliament. Annual Communications Meeting held. New National Sponsor - Generation Developments. 08/09 Agreement with DBH - New Landlord Seminars
    27-06-2008 more >>

    Light at the end of the tunnel?

    Sections and apartments are often talked about as the most vulnerable part of the property market. In the June ANZ Property Focus, tables have been updated showing which regions have the most exposure to sections and apartments, relative to other types of sales
    27-06-2008 more >>

    Slow trickle

    Rate changes have slowed to a trickle over the past week as the mortgage market settled following the latest cut in funding costs.
    27-06-2008 more >>

    Drop-off in rental prices a surprise, says market expert.

    The median rent has slipped $5 a week to $295, according to a quarterly report on the residential rental market.
    24-06-2008 more >>

    Good home loan news mixed with caution

    More of the same is probably the best way to sum up developments in the home loan market over the past week.
    20-06-2008 more >>

    The boom has turned to bust

    The property downturn is not a blip and Auckland's top suburbs are suffering, with the desirable suburbs of Kohimarama, Greenlane, Westmere, Point Chevalier and Epsom declining more than any other.
    15-06-2008 more >>

    Building wealth: New view of a familiar slump

    There is not too much that is good about getting older, says Martin Hawes. The only silver lining he can find on an age cloud is you have experience - you are able to look at things with experience and recognize that you have seen similar situations before.
    15-06-2008 more >>


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