KEY2 is a specialist property investment company with extensive experience and independence. To make sure you get the best from your property investment portfolio in the short, medium and long term, why not contact the experts? Call us on 0800 KEY TWO.
NOW IS A GREAT TIME TO INVEST! follow the link below to find out why...
If you are reading the NZ media at the moment you may think that the property market is flat. And we agree that now is not a good time to buy average property. However we all know that not all property is created equal – if you have the opportunity to invest in quality property, that works for your investment criteria, then this can be a great time to buy. It is also important to remember that property investment is a future focussed activity.
Here are just some of the reasons that this market CAN be a great time to invest...
CHOICE OF PROPERTY - less competition amongst buyers generates good buying
SELLERS ARE MOTIVATED WHICH MEANS THERE ARE GREAT DEALS TO BE DONE
LAND IS LIMITED - New release land costs more to develop and land is unlikely to fall in price in the medium to long term
FEWER BUILDING CONSENTS ARE BEING ISSUED. As properties on the market are being sold less new stock will replace it, which means reduced choice and opportunity
INCREASED WAGES, COST OF MATERIALS AND INFLATION WILL CAUSE THE COST OF NEW CONSTURCTION TO RISE
PICKING THE ABSOLUTE BOTTOM OF THE MARKET IS VERY DIFFICULT. No one knows exactly where we are in the property cycle - When the market does turn it tends to move fast
INTEREST RATES ARE PREDICTED TO START FALLING AT THE END OF THE YEAR. Some interest rates are already dropping, when they all fall many buyers will be in the market
THIS IS A TIME OF ALMOST FULL EMPLOYMENT. Wages are under upward pressure, tax cuts are coming and some banks predict interest falls less than 6 months away
