Action! Like in the movies, there is plenty of action in the NZ property market! Firstly in mortgage interest rates – ANZ has dropped its one-year fixed home loan rate to 2.79 per cent. It follows other major banks dropping below 3 per cent for the first time as the mortgage competition continues to bring…
Change is a word many people inwardly shudder a bit with as most of us are hardwired to be a little resistant to change. Humans generally like consistency and predictability, not big surprises! But the world and life in general, seems to be changing more and more nowadays, and technology and the CV-19 Virus have created…
Technology adoption and usage has had a massive increase in the CV19 lockdown and is likely to be continued and become more common in usage – why drive through rush hour traffic when you can Zoom or WeChat video to meet online? LVR Rules being abolished is another HUGE change as this removes the Reserve…
In the past week, we have prepared our business for Level 3 transition and are now open for business, subject to the social distancing rules as they apply to real estate. We have prepared a comprehensive Covid-19 Health and Safety Plan as required by Worksafe NZ for all our business personnel and who we will…
Department of Labor of United States had published a graphic demonstration of the growth of weekly jobless claims after the outbreak of the epidemic of Covid-19 that stroked the country began a monthly ago. The graph has indeed shocked everyone. The impact is not comparable to any other recession in the history. It has surpassed…
The opinions are in from a survey to 240 real estate agents & mortgage brokers conducted by Tony Alexander. Tony Alexander Most vendors and buyers are taking a wait and see attitude though a few purely electronic sales continue to be made. Buyers are anticipating lower prices, but many are now out of the…
Due to Covid-19, we Mars team fully respect and support the government /Healthcare organisation decisions to keep our Aotearoa safe. Mars office is closed as of today 25th March 2020 temporarily till further notice. We apologies for any inconvenience caused. All our realestate sales team and property management professionals are with you all to go…
What would a world without humans look like? As countries go under lockdown to prevent the spread of COVID–19, photos on social media suggest it might be a lot cleaner, for a start. As one observer put it, “Nature just hit the reset button.” https://nypost.com/2020/03/19/dolphins-appear-in-italian-waterways-as-coronavirus-keeps-tourists-away/ https://thehill.com/changing-america/sustainability/environment/488286-italys-coronavirus-lockdown-shows-what-nature https://www.theguardian.com/us-news/2020/mar/17/wellington-penguin-exploring-empty-aquarium-joy-chicago-aquarium “The water now looks clearer because there is less…
The main UK index dropped more than 10% in its worst day since 1987. In the US, the Dow and S&P 500 were also hit by their steepest daily falls since 1987. The deepening coronavirus crisis sent stocks into another alarming slide on Wall Street on Thursday, triggering a brief, automatic shutdown in trading…
