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upper hutt real estate

Tommy's top Hutt Valley agent from 2006 to 2019

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Should you buy or wait?

Hi folks,

As this is my first column of the year I thought I would address the new years market, the people who are thinking they should move but are a little unsure. They may be nervous of market conditions or apprehensive of potential work changes. So the question is “Should you buy or wait?”

Timing is important in most decisions that we make, this is especially true when thinking about the purchase of a new home. The right time to buy is different for everyone and there are some factors to consider when evaluating the best time for you to act.

Your personal financial position is a huge factor in making a decision, if you are already a homeowner you may not know the present value of your property or how much equity you have in it. (some people are carrying negative equity, where the property is now worth less than when bought) For anybody with a home to sell your first point of call should be a Real Estate Agent to value your existing property. If you have no property to sell, contact a bank or mortgage broker to ensure you know what you can afford.

If you do make the decision to look and you have narrowed down your area, are there homes available in your price range? A scarcity of homes could cause you to pay a higher price than you are thinking, this is especially true if a location is in great demand.

I believe that any time is a good time to buy in real estate, provided you are looking long term and can hold a property long term in case of a downward spiral in prices.

It simply comes down to your personal considerations and with approximately 600 properties on the market in Upper Hutt today there should be something out there for most buyers.

If you are thinking of selling your home, would like an appraisal, or want more information on the Upper Hutt property market please call me on the numbers below or contact me via email steve@steveslicker.com alternately fill in your details here on my website.

Kind regards,
Steve Slicker

(04) 212 6787
0275 661 949

 

Steve Slicker, Upper Hutt Real Estate

I also have a Facebook page Please “like” www.facebook.com/steveslicker if you would like to be kept up to date on the on the latest real estate news and listings.

If you are considering selling your property in any of the suburbs below, please call or email Steve

  • Akatarawa
  • Birchville
  • Blue Mountains
  • Brown Owl
  • Clouston Park
  • Ebdentown
  • Elderslea
  • Heretaunga
  • Kaitoke
  • Kingsley Heights
  • Mangaroa
  • Maoribank
  • Maymorn
  • Moonshine Valley
  • Mount Marua
  • Pakuratah
  • Pinehaven
  • Plateau
  • Riverstone Terraces
  • Silverstream
  • Te Marua
  • Timberlea
  • Totara Park
  • Trentham
  • Upper Hutt Central
  • Wallaceville
  • Whitemans Valley