At long last we are seeing signs of improvement in house sales for West Auckland. February saw a much higher number of buyers at open homes, email and telephone enquiry were up sharply; the highest for over a year. The sales figures for February 2009 are not yet available but if the number of sales in our office is anything to go by then they should show a big improvement as ours were the best for over 12 months.
There are a lot of investor buyers back in the market because the low mortgage interest rates now means the rental income can cover borrowings and pay the rates and insurance.My own figures were 6 sales for $2,734,000 value which is pretty close to my average number of sales for the past 19 years. On average for the last 19 years I have sold a house every 5 ½ days. That is currently around 25 times what the National average is for real estate sales people.
First home buyers are finding it difficult to raise the 20% deposit most banks require but there are ways to buy with only 5-10% deposit. I have several options for such buyers so call me now.
On the other hand if you are looking to sell give me a call; it’s easier than trying to work with 25 average salespeople.
Best Wishes,
John Goodrum
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