Blog

  • Feilding’s Median Residential Sale Price Over The Years

    The official REINZ median commenced in 1992. From my Father’s old sales book I have the approximate median for 1970. 1970 $ 7,000 1/1992 $ 84,000 1/1997 $102,000 1/2002 $106,250 1/2007 $221,250 1/2012 $245,000 4/2017 $312,500 The median value has increased approximately 45 times in 47 years, which I think is rather impressive. It has doubled nearly 5 ½ times in 47 years, or every 8.5 years on average. Kind regardsMichael Ford ...

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    Warming to Winter

    Here we are again approaching the winter season. Mind you in the Manawatu we never feel the full effects of the cold and with my first 40 years of life in the UK, lower temperatures and snowy scenes were quite normal. As Property Managers and Landlords we have to consider the work that needs to be attended to, at our properties. Chimneys ...

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    Palmerston North Median Rental Prices; November 2016 - April 2017

    Renting out property can be a highly profitable experience. Without the correct advice, it can also be stressful and expensive. Let us help you make the right decisions with your rental property. Request a free rental property assessment  Contact us for more information ...

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    Excellent Standard of Service

    Watson Integrity are about halfway through our 21st year of being in business. Never satisfied unless we are moving forward it is pleasing to note that our company has never been stronger. The offshoot of this positive environment is the excellent standard of our service to our clients, in both Palmerston North and Feilding. We are continuing to see a lack ...

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    Market Snapshot: April 2017

    Knowing when you buy or sell a property can be a highly profitable experience. Without the correct advice, it can also be stressful and expensive. Let us help you make the right decisions with your property. ...

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    Insulation and Tenancy Agreements

    Did you know that any new Tenancy Agreements must contain a statement about the current levels of insulation? Do you know how much detail is required? It is now an unlawful act to miss this out of new Tenancy Agreements? Many owners of rental properties I talk to realise that insulation details must be included, but often do not know what ...

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    Feilding Sales Volume Average, Palmerston North Low In April

    There were 32 house sales through all Real Estate Agencies in Feilding in April, compared with a very high 44 in March. Palmerston North dropped from 155 sales in March to 94 in April. The median residential house sale price for Feilding is $312,500 when calculated over 3 months, and $338,000 for Palmerston North, making a nonsense of headlines a ...

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    Feilding House Sale Price Distribution March 2017

    There has certainly been upward price movement over the last 22 months. $150,000 - $199,000 2 $200,000 - $249,000 6 $250,000 - $299,000 11 $300,000 - $349,000 9 $350,000 - $399,000 8 $400,000 - $449,000 2 $450,000 - $499,000 1 $500,000 - $549,000 0 $550,000 - $599,000 4 $600,000 - $649,000 1 There were also 5 sections sold at $110,000, $125,000, $128,000, $170,000 & $185,000. Kind regardsMichael Ford ...

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    Is Feilding’s Market Over Heated? I Don’t Think So!

    It does depend on which crystal ball you look into. My reason for thinking that Feilding’s market is not over heated is because about 5 years ago in July 2012 the Feilding median residential sale price calculated over 3 months was $249,000 and the median for New Zealand was $368,000, a difference of $119,000. 3 years later in July 2015 Feilding’s median ...

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    NEW INSURANCE REQUIREMENTS

    Insurance companies are now bringing in tougher requirements for landlords. They believe that if you want insurance cover you should also be acting in the best interests of the insurance company. New Zealand’s leading insurance provider IAG, has published new requirements that will come into effect at the next renewal date of your policy. IAG sell insurance products direct under AMI, ...

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  • Full list of blogs

    Latest Blogs

    Feilding’s Median Residential Sale Price Over The Years Warming to Winter Palmerston North Median Rental Prices; November 2016 - April 2017 Excellent Standard of Service Market Snapshot: April 2017 Insulation and Tenancy Agreements Feilding Sales Volume Average, Palmerston North Low In April Feilding House Sale Price Distribution March 2017 Is Feilding’s Market Over Heated? I Don’t Think So! NEW INSURANCE REQUIREMENTS Busy! Busy! Pros and Cons of my electric vehicle Palmerston North Median Rental Prices; October 2016 - March 2017 Market Snapshot: March 2017 A Range Of Sale Price Results Biggest Month For Feilding Since May 2007 Feilding Pride Increases Lies, Damned Lies & Statistics! Great Real Estate System Priorities

    Authors

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    Bob Weaver Greg Watson Ken Watson Michael Ford