Date: 16th Aug 2021

Amazing prices continue to be paid for a property in Hawke’s Bay as we move towards the spring period. This gives confidence to sellers that buyers are still there and paying record prices for Hawke’s Bay real estate. Spring will see more homes on the market with thoughts of rising interest rates more of a ‘pipe dream’ in my view as the government will have to ensure a strong economy to deal with all the global issues that COVID continues to create. Competition is the name of the game this week as we come off the back of the incredible Olympic Games in Tokyo.

The Olympics have been inspirational, heart-warming, and have given the world a ray of sunshine in what has otherwise been a dark time for many. Roll on Paris 2024. Housing competition is still alive and well driven by low stock levels and increasing buyer activity. More than 47 percent of homes nationwide are now worth at least double the price their owners paid for them, new Homes.co.nz analysis has revealed. One in three properties has doubled in value since they were purchased, while one in ten properties, or 11 percent, have tripled in value. Incredible statistics.

There’s no wonder the property dream is a big part of Kiwi life and future planning. Imagine $35,000 off your mortgage. Imagine $35,000 to plan a dream holiday. Imagine $35,000 to spend on whatever you like and imagine free marketing. That’s what Tremains has to offer you this spring. From the 9th of August to the 31st of October, if you sell your home with us you’ll receive free marketing and go in the draw to win $35,000. How amazing is that?

Enjoy your week.