Right now I feel like former world heavyweight champion Mike Tyson.
But not in a ferocious boxer kind of way.
Like Mike we have both announced we want to get back in the ring—
our place of work.
My promoters video: https://youtu.be/ZtIX75DjL-0
Right now, there are a lot of really talented people, who like me mutually decided to leave their employment with Covid-19 having changed their employer’s situation or direction.
Needing a plan beyond looking at the upcoming releases on Netflix was a no brainer. First task; post this video to register Steve Lindsay as a strong blip on recruiters’ radar.
Steve’s video click here: https://youtu.be/PDSqdN-dbck
Inspiration for this post came from the song by George Thorogood and the Destroyers- Get a Hair Cut released as a single from their 1992 album-Haircut.
The neighbour leaned over the fence to ask my view on our real estate market and here are the sentiments I shared in this video CLICK HERE
Ruminating during COVID-19 Lockdown
Everyone on the team was asked to share a video with their thoughts.
My submission was titled: Love Your Home. CLICK HERE
Ruminating during COVID-19 Lockdown
REINZ Dec data: Property market finishes 2019 with highest sales volume for December in 3 years New Zealand rounded off the decade. For New Zealand excluding Auckland, the number of properties sold increased by 5.8% when compared to the same time last year (to 4,425 up from 4,184) – the highest for the month of December in 3 years.
Bindi Norwell-REINZ CEO: “Looking around the country, 12 out of 16 regions saw annual increases in the number of properties sold – the highest number of annual increases in 3 months – with particularly strong increases in Auckland, the Bay of Plenty, Southland, Northland and Canterbury,” continues Norwell.
Record median prices were recorded in December• Southland with a 32.0% increase to $330,000 up from $250,000 at the same time last year. The median sell price for Invercargill City was $336,000 for the month of December.
Days to Sell decreases both year on year and month on month In December the median number of days to sell a property nationally decreased by 4 days from 35 to 31 when compared to December 2018 – the lowest days to sell in 3 years. Southland again had the lowest days to sell of all the regions at 21 days, down 2 days from the same time last year, but 3 days higher than November 2019’s figure which was the lowest median days to sell since August 2007.
The Reserve Bank (RBNZ) has decided to leave mortgage lending restrictions as they are, citing concerns low interest rates could prompt banks to lend more to borrowers with small deposits.
Source: Interest.co.nz
Our sales team report a continuum of the property trend throughout 2019 with strong buyer demand with our sales reflecting a substantial increase in the median sell price of Invercargill City and Southland dwellings. It has been widely reported the total number of sales this calendar year-to-date has reduced with seller supply not keeping pace with buyer demand.
“The REINZ House Price Index in Southland reached a new high from peak with an increase of 18.2% year-on-year, the highest increase throughout the country. On the flipside, the Southland region experienced the biggest decrease in sales (-27%) and the biggest drop in the number of new listings (-34.7%).” Source: REINZ Monthly Report 15 October 2019
Snapshot of REINZ reported sales of Dwellings Invercargill January-September 2019:
Meet our team delivering next level results.
So you back yourself to stand up and step outside the norm and embrace a challenge; then whoever hires you is one lucky employer. We’d like that employer to be us!
We are recruiting for a property manager and we want you to work with us not for us. Perhaps this is the day you seek out a role you’d never considered before? What you waiting for; there’s no green light to signal go for it?
http://ow.ly/eq1F50w9dCd
Thursday’s being one of the days our sales team head out to view our new property listings. Our neighbours – Electric Motor Vehicle Company kindly lent us their zero emission Nissan Leaf to road test across the team. The ride was very quiet with the car full of zest even with four blokes. The comparative discussions were interesting however the latent feeling expressed by all was these vehicles have a place on our roads.
http://ow.ly/u6kM50w6oa7
The underlying demand for rental property continues and it’s Interesting to note the latest increase in median rents for Invercargill City July 2019 comparing July 2018.
Beds July 2019 July 2018 % Increase
1 $180 $162 +11.1%
2 $280 $230 +21.7%
3 $340 $280 +21.4%
4 $390 $280 +27.8%
A quick check of our rental board at our office punctuates that the market remains limited for choice.
