May Auction Results

Published on: 2015-07-03
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Review of Lodge Real Estate's auction performance during June 2015 for Hamilton residential houses, commercial and rural real estate. Read more

Hamilton Rental Market Buoyant

Published on: 2015-06-25
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An increase in the number of property investors purchasing Hamilton homes is increasing the number of rental properties available in the city, according to Lodge City Rentals business development manager David Kneebone. Kneebone recently presented to the Auckland Property Investors Association on the merits of investing in Hamilton. He says there is huge interest from Hamilton’s northern neighbours and tells of one Auckland investor who recently purchased 15 properties in the city, which… Read more

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Jeremy O'Rourke summarises the Hamilton residential real estate market for May. Read more

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David Kneebone reviews current activity in the residential rental market. Read more

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North Eastern Hamilton specialist Cathy O'Shea shares her observation of why now is a great time to sell. It’s coming into winter in New Zealand now, right?!! So who would put their property on the market when its cold and wet? Who would think of selling when their gardens are dead, days are short, and all the summer furniture is stored? Fortune favours the Outlier. Today’s announcement by the Reserve Bank of New Zealand to lower the OCR by 25 basis points has serious… Read more

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Lodge Real Estate’s managing director, Jeremy O’Rourke, said Hamilton is seeing greater numbers of Auckland investors jumping into the city’s property market. “With house prices at an all-time-high in Auckland, owners have a larger asset base to borrow against. We’re seeing them take advantage of this new-found wealth and using borrowed funds to get into property investments here in Hamilton. “On one hand, this ‘Auckland Wealth Effect’ is beneficial… Read more

Auction Interest Strong

Published on: 2015-05-14
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Lodge Real Estate’s managing director, Jeremy O’Rourke, said today the few numbers of home sellers going to auction is surprising and vendors are not taking advantage of strong buyer demand and low housing stocks. “Only 25% of all homes being sold in Hamilton during the month of April were being offered by way of an auction. This is compared to around 50% of homes in Auckland being offered through auctions. “Current market conditions certainly favour the vendor, with… Read more

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Lodge Real Estate’s managing director, Jeremy O’Rourke, said today the drop in Hamilton’s median sales price for the third month in a row reflects strong activity at the lower end of the property market. Hamilton’s median dipped to $350,000 for the month of March, compared to $352,000 in February. Hamilton’s median in March 2014 was $375,000. “As we’ve been saying for quite a few months now, first home buyers and investors are back in the Hamilton housing… Read more

February Market Summary

Published on: 2015-03-31
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Managing Director Jeremy O'Rourke gives a quick video review of the Hamilton residential real estate market performance during February. For more information check out our Market Report Section Read more

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First home buyers regularly seek advice of parents or grandparents to help guide them through house hunting to their milestone purchase. The advice is often well-received, and followed. With good reason: today, the elder generation is likely to have more than a passing interest in the purchase – with intergenerational financial contributions complementing the deposit and/or bank. But frustrations can develop when there’s an exchange of views between grandparents/parents and their… Read more

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