[Milliemoo]

Hi,

I keep looking on www.realenz.co.nz to get an idea of property available, but I can't understand how the properties are grouped when you do a search for a max amount and view the POA/Neg homes.

If I do a search on Devonport under $400k and scroll through the POA/Neg properties, there is a home which has been advertised for at least 6 months under the title 'Absolute Clifftop Belmont' YET when I do the same search raising the max to $600k the same property appears. :?

How on earth are you supposed to know what a house is valued at or what they are expecting as offers with such a huge range????

Is it me being dim or what?

Milliemoo ;)

[veronica]

The property market over here has been rising rapidly and I've noticed that agents are scared to put prices on some properties in case they get it wrong. I think this is their way of hedging their bets.

[Moorf]

Plus, in some areas,property isn't moving as quickly. We were shown a property in D/Harbour for offers over $380K ... subsequent calls from the agents are telling us to offer $320K!!!

The market has, in my opinion, definitely peaked and prices are dropping so do negotiate under the price if you can , and people are selling investment properties as the interest rates rise.... so are keen to sell :nice1