168 Kittiwake Dr Schnapper Rock

MARS NEWS

Mar 14 2019

Capital Gains Report Receives Attention

Large media attention regarding a proposed capital gains tax has drawn large public option and debate regarding the advantages and disadvantages, with the tax working group delivering final report on the 21st February 2019. The aim to increase ” improve housing affordability, lead to a higher rate of home ownership, help remove the heavy skew we have…

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Mar 08 2019

Know what to expect by an increase in mortgage rates

In 2017, the Reserve Bank calculated that if rates ballooned to nine per cent, seven per cent of borrowers and a significant 19 per cent of recent borrowers would suffer severe stress, more so in Auckland. The Bank’s stress test, part of its regular financial stability report, looked at borrowers’ ability to service interest rate…

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Mar 06 2019

Healthy Homes – Insulation Update For Landlords & Tenants

Insulation Statements are now compulsory with all new tenancy agreements. Insulation will be compulsory in all rental homes from 1 July 2019. From 1 July 2019, ceiling and underfloor insulation will be compulsory in all rental homes where it is reasonably practicable to install. It must comply with the regulations and be safely installed. A…

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Mar 06 2019

Auction Sales Below or Above Rating Valuations

Selling prices were fairly evenly clustered around rating valuations at the residential property auctions monitored by interest.co.nz in the week from 18-24 February. Of the 355 residential property auctions around the country monitored by interest.co.nz during the week, sales were achieved on 131 (including those that were sold prior to the auction and those that were sold…

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Feb 12 2019

Building Consent Growth

Building consent data shows an increase year on year. A total of 32,996  new dwellings were issued building consents, up 6.1% on 2017 as reported by statistics nz. Last recorded low of building consent was 2011 for 13,662 which has seen a year on year growth over the following 7 years. Government departments including Kiwi…

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Feb 01 2019

In The Area – Spotlight on Wainui

More infrastructure will be invited into the area to support plan change North Auckland will get a $91m infrastructure package to support the building of 9000 homes at Wainui, north of Auckland City. The money will come from a partnership between Auckland Council, Crown Infrastructure Partners and Fulton Hogan Land Development, which will fund $91 million…

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Jan 23 2019

What latest house price figures mean for buyers and sellers

REINZ figures released today showed the year ended on a slow note, with the lowest number of residential properties sold for the month of December for seven years. The data showed a 13 per cent annual fall in national house sale numbers, from 6,117 in December 2017 to 5,330 last month. Auckland was particularly hard-hit…

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Jan 23 2019

New Interest In Mortgage Rates

Mortgage brokers say a new sub-4 per cent mortgage rate launched by a major bank could be the start of another mortgage war. From today Westpac is offering a one-year fixed term rate of 3.99 per cent – down 16 basis points on its standard rate of 4.15 per cent. The offer is only available…

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Dec 18 2018

REINZ Monthly Property Report – November 2018

AUCKLAND REINZ REGIONAL COMMENTARY Compared to November 2017 • Median Price down 1.5% • Sales Count up 3.9% • Days to Sell increased 2 days Compared to October 2018 • Median Price up 0.3% • Seasonally adjusted median price down 1.3% • Sales Count up 1.0% • Seasonally adjusted sales count down 8.5% • Days…

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Nov 28 2018

LVR Restrictions To Boost Housing Market

The reserve bank has decided to relax the high LVR (Loan to value ratio) restrictions from the 1st January 2019 Up to 20% (increased from 15%) of new mortgage loans to owner occupiers can have deposits of less than 20%. Up to 5% of new mortgage loans to property investors can have deposits of less than 30% (lowered from…

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Nov 14 2018

Albany developments – Auckland Transport

Three key roading projects are planned in the area, along with improvements to Gills Road footpath and footbridge.   Design and build a new link road between Gills Road and Oteha Valley Road. Build a new footbridge and connecting footpaths to the existing Gills Road bridge (near 20 Gills Road). Build a new 2-lane road…

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Nov 14 2018

Major infrastructure partnership for north Auckland

Published by Auckland Council 14 November 2018   Minister of Housing and Urban Development Phil Twyford and Auckland Mayor Phil Goff have announced a partnership that will fund $91 million of roading and wastewater infrastructure to support the building of 9000 homes at Wainui, north of Auckland. “The Milldale project is an example of the…

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Nov 09 2018

Mars Realty In The Market NOV18

Small property projects and medium density housing (MDH) are on the market now, together with Kiwi Build. Building material has a wider range for the different choices for projects and MDH.   Surely, an increase in policy restrictions are contributing to driving property prices price down? Including the investors banking restrictions of funding supply. Most…

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Nov 09 2018

Auckland Region Favours Buyers

  The Auckland region favours buyers for the first time since 2011. New listings are up 14.6% across New Zealand and the national average asking price falls by 2.1%, driven by major centres. Real-time statistics from realestate.co.nz show that our biggest region, Auckland, is looking fresh and healthy for buyers, with a large injection of…

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Oct 30 2018

Overseas Investment Update

Attention in the news has a spotlight on foreign investments in Residential Land – Prompted by the rising house prices and rental availability in Auckland and the wider areas in New Zealand. In June 18 Stats NZ released statistics regarding foreign investments – “In the March 2018 quarter, just over 3 percent of home transfers…

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Oct 26 2018

First Home Buyers Are Still In The Market

Source: Corelogic : Kevin Davidson, 12 Sep 2018   Recent statistics from Core Logic shows an increase in First Home Buyers for residential property purchases from 23% in July, despite the drop in housing affordability in recent years. Investors with multiple income properties with mortgage – sits at 24% in August after government regulations. Link to…

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Oct 19 2018

The New Style Of Living

Convenience, locality and affordability – The popular trends of recent home buying.  As families move to secure the lock up and leave lifestyle – no fuss, safe and no maintenance hassles and a small community Albany recently has brought the attention of recent development projects including the Library Lane apartments and the Gills road attached…

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Oct 19 2018

Property Trends – September 18

Source – REINZ – Real Estate Institute of New Zealand – Released 11th October 2018   Residential Property Report for September 2018   Low listing volume in July, decreases September Sales, lowest sales level since January this year.  

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Jun 02 2017

Matty Ma leads the world

Real estate phenomenon Matty Ma is the number one Harcourts real estate agent in the world. She took out the number one spot at the Harcourts International Awards, held in Australia earlier this week, surpassing over 6,400 other sales consultants world-wide.

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May 05 2017

Matty Ma, Harcourts #1 in the Northern Region

Another hugely successful year has seen Matty Ma named as Harcourts’ top real estate sales consultant in Auckland and Northland.

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May 11 2016

Matty Ma shines again at the Northern End of Year Awards

Focus, hard work and a commitment to her clients has seen Matty Ma named as the top real estate sales consultant in Auckland and Northland once again.

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May 23 2014

Harcourts crown Matty Ma top sales consultant

Matty Ma and her team receive the top sales consultant award from Harcourts International general manager Mike Green.

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May 14 2014

Celebrating the best in real estate – Matty Ma

An unrelenting work ethic and dedication to excellence has seen Matty Ma crowned the top real estate sale consultant in Auckland and Northland once again.

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