HomeReal Estate News Snippet Summaries by Greg Watson, Video by Watson Real EstateReal EstateReal Estate News Snippet Summaries by Greg Watson, Video by Watson Real Estate

Real Estate News Snippet Summaries by Greg Watson, Video by Watson Real Estate

Click http://www.watsonrealestate.co.nz/ if you need Watson Real Estate — the best in #PalmerstonNorthPropertyManagement! Visit http://www.watsonrealestate.nz/properties to see more available apartments in Palmerston North today. You can also call us or visit our office at:

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In this video, Greg Watson summarises to you some interesting headlines last week in real estate.

One of the headlines talks about one modest two-bedroom flat in Wellington with thousands of eager renters. This article gives an example of how hot the Wellington rental marketers are or how difficult it is if you’re a tenant. With just this two-bedroom property, thousands of views and hundreds of inquiries online are recorded, and it shows how property managers are getting inundated with inquiries to the point where it’s becoming difficult to do all the background checks — tough times also in Wellington with regard to finding a rental property. (More: https://goo.gl/e89gAV)

Another article also tackles about the high demand in Marlborough and high rents recorded due to the demand. Rents increased by 12.7% in the Marlborough area, making them more expensive than those of Christchurch, for example. (More: https://goo.gl/Y7GD75)

With some areas facing problems in terms of rentals, investors around Wellington are looking at other areas, such as Wainuiomata, that are ready to rise up out of the economic doldrums. This article talks about how people are looking to buy now further afield, with lots of positives going in including a 50-million-dollar retirement village going into Wainuiomata. (More: https://goo.gl/iBqFqV)

An article from CEDA talks about how prices in Manawatu compare with the rest of New Zealand. It shows how house values in Palmerston North and the Manawatu District have increased by 10% and 17%, respectively, since November 2017 compared to the increase in New Zealand which only has 6%. Same with rents, Palmerston North and the Manawatu District rents are going up as well. (More: https://goo.gl/aQ7csn)

In terms of housing shortage, build-to-rent concept is introduced to solve it. Build-to-rent is done in the United States and countries in Europe. However, in an article, aside from build-to-rent, one of the suggested solutions acts as syndicates, offering investors a slice of a rental portfolio rather than having to own an entire rental property. (More: https://goo.gl/oxEkaP)

Another article talks about an alternative route to the Manawatu Gorge that is going to likely affect Massey University. The route could create a barrier to the training area for highland farming at Massey, including a study they’ve been having for 40 years. But there are 4 shortlisted options provided to help with the traffic routes. (More: https://goo.gl/Rzz96k)

Greg spoke last week about the Otaki to north of Levin highway project and how it could knock down people’s homes including the former Prime Minister Geoffrey Palmer’s home. But instead of worrying, he took the news very well. Palmer said he understands the implications of road projects, so he’s not panicked at all. (More: https://goo.gl/2n6roY)

Lastly, an article published in Real IQ talks about how meth myth finally gets busted. The article tackles about the rise of methamphetamine-related cases, the people involved and some controversy around that. (More: https://goo.gl/RvxT1i)

For more insights about real estate news, free books and resources, simply visit https://www.watsonrealestate.nz/resources.

Can you imagine yourself living in our Palmerston North rentals? Visit http://www.watsonrealestate.co.nz/ and give our professional Palmerston North property managers a call today! See our other available properties here: http://www.watsonrealestate.nz/properties. Know someone who might love our #ApartmentsInPalmerstonNorth, instead? ‘Like’ and share this video with them, and help a friend or family get their dream home!

Get the best professional property management in Palmerston North with us at #WatsonRealEstate — Opening Doors to Happiness! Learn more about us at http://www.watsonrealestate.nz/let-us-rent-your-property or get to know more about property management in Palmerston North here: http://www.watsonrealestate.nz/blog.

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