Prop­erty mar­ket in­quiries more ac­tive in Fe­bru­ary

Matamata Chronicle - - News -

Firstly, to those of you who have friends and re­la­tions af­fected by the dev­as­tat­ing earth­quake and its ter­ri­ble af­ter­math, we at Bay­leys want you to know that our thoughts are with the peo­ple of Christchurch.

We have the ut­most ad­mi­ra­tion for the way the res­i­dents and res­cuers are pulling to­gether to cope – it must be hor­rific.

En­quiries in the Mata­mata mar­ket have been much more ac­tive dur­ing Fe­bru­ary and Bay­leys has ex­pe­ri­enced an in­crease in walk-in clients as well as in­ter­net hits – a cou­ple of peo­ple asked for in­for­ma­tion to send to their re­la­tions who want to leave Christchurch.

Open homes last Sun­day saw some prospec­tive buy­ers out and about in­clud­ing a cou­ple of in­vest­ment buy­ers in­di­cat­ing that the drop in in­ter­est rates may be start­ing to take ef­fect.

The coun­try team has no­ticed a strong lift in buyer de­mand for dairy farms and sup­port prop­er­ties in the wider Mata­mata re­gion, as demon­strated by the suc­cess­ful sale of the 136ha Oko­roire farm at auc­tion last week.

This prop­erty had an ex­tremely high num­ber of view­ings through the open days and sold un­der the ham­mer at auc­tion with five cash bid­ders ac­tively com­pet­ing for the prop­erty.

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.