EVES Realty - Real Estate and Property Management throughout Waikato and Bay of Plenty

Latest real estate news, views & reports

The Lights Are On

Posted: February 23rd, 2018 / By Simon Anderson

It’s a sight to behold when there is a full ground at a sports event. Thousands of passionate folk cheering in support of their local team. On Wednesday at the Bay Oval we will witness this when our mighty Black Caps take on England in the second of five ODI matches this summer.

 

Our company is proud to be closely involved and associated with the Bay Oval, but we’re even more proud of our eight offices across our region with over 200 dedicated salespeople, experienced property managers, efficient administrators and a passionate auctioneering team all supported by world class IT, marketing, finance, HR and sponsorship teams.

 

Just like any great team, EVES relies on many individuals working together to assist you to maximising the value of your real estate asset. A considered team approach is needed with a plan to ensure all possible buyers are made aware of your property being available for purchase.

 

If you are considering selling your home and would like the ultimate team experience, call one of our EVES salespeople today. 

 

EVES, more people selling more property.    

Do The Numbers Count?

Posted: February 16th, 2018 / By Simon Anderson

The latest QV House Price Index, released last week, shows the residential property values for January increased 6.4% across New Zealand over the last year and the nationwide average value now sits at $671,531.

 

This same report also stated that values in the Auckland region only rose 0.7% over the same time period and the biggest increases across New Zealand were seen in some of the smaller cities with Napier increasing 15.4% and Nelson 9.9%.

 

In our local market we experienced a 3.9% increase year on year for an average sale value of $698,875 and interestingly a 1.7% lift over the last three months! Across the Western Bay of Plenty a strong 7.3% growth was attributed to the recovery of the Kiwifruit market.

 

What do these numbers mean to us? Certainly the market activity is not what it was 18 months ago as we are back to a ‘normal market’ and when you couple the good numbers through open homes and the auction results YTD, a nice picture forms of a steady market.

 

Your EVES salesperson will provide you relevant data about real estate in your local patch. Give them a call today.

 

EVES, more people selling more property in 2018.

Regional Confidence in Housing Market

Posted: February 9th, 2018 / By Simon Anderson

What a fascinating property market we saw in January here in the very hot and sunny Bay. It hasn’t just been temperature records that have been broken, we continued to see the confidence in our region and housing market grow with asking prices up 1.6 percent to reach an average sale price of just over $637,000.

 

The latest Realestate.co.nz stats showed January looking a little quieter compared to January 2017 with 466 new homes coming onto the market, a 12.6 percent drop. This isn’t unexpected as we’re comparing to a local property market that has been incredibly active in the last few years.

 

Interestingly the media around the Bay of Plenty being ‘unaffordable’ doesn’t seem to have dampened online interest, with the majority of viewers coming from Auckland, closely followed by Bay of Plenty locals and Wellington in third place. This is a good reminder to make sure property marketing campaigns are national, not just local.

 

If we can assist in anyway then call your local EVES agent.

 

EVES, more people selling more property in 2018.

 

It's Heating Up

Posted: February 2nd, 2018 / By Simon Anderson

We certainly have been enjoying some amazing weather during the last weeks of January and it’s great to see this having a positive effect on people’s outlook.

 

We have also seen a nice lift in the local real estate market with good activity levels at open homes and renewed interest from first home buyers and investors.

 

The Auction rooms were open for the first time last week and we witnessed initial caution in the first session followed by a greater than 80% success rate in session two.

 

So 2018 is off to a steady start here at EVES and if we can assist you with any real estate matter, be it wanting to sell or buy, have your investment property managed or just a chat about the market and outlook for 2018, call into one of our offices across town.

 

EVES, more people selling more property.

There’s a Lot Happening at Our Place

Posted: January 26th, 2018 / By Simon Anderson

This past week we have welcomed over 360 players to the annual EVES 5 Course Classic Golf Tournament, 5 great courses over 5 days.

 

With players (and supporters) from throughout New Zealand, Australia, Canada, the UK, Japan, Taiwan and Malaysia it has been an ideal opportunity to showcase not only Te Puke, Omanu, Mount Maunganui, Tauranga and Omokoroa golf courses but also the diverse range of restaurants, cafes and retail outlets. The tournament has run for over 20 years and there is a high percentage who return each year.

 

We also took the time to reflect on the many other wonderful events over the past fortnight and to name but a few, The ICC Under19 Cricket World Cup at our fabulous Bay Oval, Four Nations International Hockey featuring a four day test series between, NZ, Japan, Belgium and India. The iconic Port of Tauranga Half Ironman and the Tauranga Air Show. There was also a plethora of theatrical entertainment from Shakespeare to Pantomime, art exhibitions and Night Owl Cinema. Wow!

 

If you are a visitor and contemplating a move to our vibrant city then be sure to contact one of our EVES offices and talk with one of our experienced salespeople.

Full Steam Ahead for 2018

Posted: January 19th, 2018 / By Simon Anderson

Coming back to those first few days in the office is never easy, but it is a little easier when you’ve been able to enjoy some summer sunshine, the beach, a few barbecues with the family and even an ice cream or two. It’s been fantastic to see some refreshed (and slightly browner) looking faces returning around our offices this week.

 

As I touched on in my two previous comments, the sense I get about 2018 in our region is a very positive one. Our property market continues to have buoyancy with plenty of visitor interest and sales activity during the holiday period. According to Trade Me’s December data the average asking price for the Bay of Plenty is up 7.6% year on year and views on property listings nationally are up 18.5%.

 

When you combine this continued strength with exciting projects and international events happening in our region in 2018, it’s easy to get excited about the year ahead.

 

It’s certainly full steam ahead at EVES, so to keep up to date with what’s happening in our ever changing market, follow our blog, Facebook page or get in touch with one of our EVES team.

 

EVES, more people selling more property in 2018.

It's a New Year

Posted: January 12th, 2018 / By Simon Anderson

By now most of us have been back at work after what I hope was a relaxing break for everyone. Across our region we have enjoyed a great number of experiences to entertain us over the festive season from international cricket and concerts to our beaches, rivers and lakes. We are indeed lucky and the area continues to develop and offer more and more for us to enjoy.

 

On the property front we see 2018 being similar to last year with strong demand in our region and activity right across the buying range, in particular first home buyers re-entering the market, with investor activity flat lining. Our lower interest rate environment will continue to support home buyers’ investment decisions.

 

In this week’s EVES Property there are plenty of good investment opportunities to start the year with. If any of the homes featured within the following pages attract your interest or attention, feel free to contact our on-call team of property specialists who can assist in answering your query.

 

EVES, more people selling more summer property.

A New Beginning

Posted: January 5th, 2018 / By Simon Anderson

2018 has arrived and with this comes new opportunities. If your New Year’s resolution involved a property investment then you will enjoy this bumper edition of ‘EVES Property’.

 

Right across Tauranga and the Mount at this time we welcome visitors from around
New Zealand (and the world) to our beautiful city. Many, like you, will enjoy their time here so much they will want to plan for a return. Why not talk to one of our EVES agents today with regard to the property market here. You never know your luck!

 

Our market continues to grow and the region benefits hugely by attracting new businesses, new families and great opportunities. All the ingredients are there for an exciting and prosperous 2018 for our region. As a proudly locally owned and operated business we are looking forward to continuing to help locals get great property results.

 

I would like to take this opportunity to wish all our readers a safe and prosperous year ahead. May your property dreams come true.

 

EVES, more people selling more property.

'Tis the Season

Posted: December 22nd, 2017 / By Simon Anderson

It has been an interesting year for the New Zealand property market. It’s been a mixed bag, with the flattening out of a boom market and some uncertainty of an unusual election. But once spring finally announced its presence in November things have taken off, with a real boost to the property market, with a return of optimism and confidence.

 

REINZ figures released last week illustrated this with the number of properties sold across New Zealand increasing by close to 18%, the largest increase from October to November in six years. Over that same timeframe our region saw an increase in the median house price by 10% to $649,000.

 

At EVES, November saw a good number of listings coming to the market with many great success stories and as we head to the end of the year, this month has seen much of the same. We’re so glad to have seen so many happy sellers and buyers end the year on such a high. 

 

At this time of the year we would like to wish you all a very safe and happy Christmas. Thank you for your business over the last 12 months and I hope you can enjoy some quality time with family and friends.

 

We remain ‘open for business’ over the festive season so if we can help with your next property transaction give your local EVES salespersons a call and they will be happy to help you out.

 

Merry Christmas.

 

A Week Can be a Long Time

Posted: December 15th, 2017 / By Simon Anderson

It’s that most special time of the year, a time of rest, family and laughter. It feels much needed after another most busy, growth filled and exciting 12 months in our wonderful city. It’s great to know many businesses who are part of this growth start slowing down for a well deserved break.

 

At EVES we understand that next week acts as a deadline for many home owners to ‘get it done before Christmas’ so we are here and ready to help.

 

You may like to get your home on the market so you can make the most of the summer visitors, or you may even look to secure that dream home in time to enjoy the warmer weather in. This is something we experience every year with many transactions happening in the week leading up to Christmas.

 

At EVES it’s business as usual so give your favourite EVES salesperson a call and finish the year in style.

 

EVES, more people selling more summer property.

The News Is Positive

Posted: December 8th, 2017 / By Simon Anderson

The real estate market in the Bay shows plenty of positive signs as we head toward Christmas. The latest NZ Property report released by realestate.co.nz indicates that while there may not be the same heat as was felt earlier in the year, the market is more stable. That’s good news for purchasers and sellers.

 

The report went on to show that property on the market had increased by a healthy 1.8%, with 890 properties for sale across the Bay of Plenty at the time of the report’s release on the 30th November.

 

Further good news is the careful relaxing of the LVR by the Reserve Bank for both first home buyers and investors which could allow both groups more room to move while continuing to promote overall stability.  

 

 

This news along with our own very strong sales results shows that our wide range of product offerings and sound understanding of market conditions is continuing to work in favour of our customers. We welcome every opportunity to help you achieve the goals that are important to you – whether you’re looking to sell or purchase property.

 

EVES, more people selling more property.

Graduation Celebration

Posted: December 1st, 2017 / By Simon Anderson

At EVES we understand the importance of helping our salespeople be the very best they can be. To make this real we have a large support team that includes their manager, the auction team, marketing and social media division, IT training, administration and accounting teams and events and sponsorship. Add to that the very best training and business development coaching to enable our people to deliver to you quality advice and the smartest products and services available.

 

As part of this last week I was very proud to see 49 of our salespeople graduate from our ‘Faststart’ business roll out programme and/or our ‘Level 1’ and ‘Level 2’ Accelerator programmes which represented almost two years of rigorous study.

 

These programmes are a high quality series of programmes for those salespeople who are driven to succeed and add value to their customer’s real estate assets. This is a crucial part of their personal and professional development.

 

This focus on building expertise and a ‘do the right thing’ attitude, through hard work and the best resources, is probably one of the reasons why our people do so well so quickly. It also could be why so many of their customers return or refer others to them.

 

Well done to you all. 

More to Consider

Posted: November 24th, 2017 / By Simon Anderson

As stated in the recently released REINZ monthly statistics for October the number of completed sales in our region was 8% back on the same month last year and the median price is flat on the same period.

 

The good news is that after a very wet spring (and a drawn out election process) we are seeing a good number of new listings coming to the market and auction clearance rates improving.

 

What does this mean to you when looking to sell? Your home will now be in the market with more property than before so it needs to stand out and catch the eye of the buyer group. This comes down to two things.

 

The first is the preparation and presentation of your home so your home is not discounted from a buyer’s list based on their first look. Some key ‘old school’ pre-sale house preparation is required prior to even considering placing your home on the market.

 

The second is the agent you choose and how they will ‘sell’ your home to their wider sales team and how they intend to showcase your home to the market.

 

The best advice is to talk to one of our EVES salespeople so you understand how to make you home stand out in the market and attract the very best buyers.   

 

EVES, more people selling more property.

 

Our Community Heroes

Posted: November 17th, 2017 / By Simon Anderson

Supporting our community is a very important part of our business. One of our favourite times of the year is the annual presentation to the Trustpower/TECT Rescue Helicopter.

 

Every member of the EVES team – that’s salespeople, marketing, finance, administrators and personal assistants - has the opportunity to contribute on a regular basis through their pay and then the company rounds this into a sizeable cheque.

 

Those that can, head out to the Ian Pain Memorial Hangar to enjoy a morning tea with Pilot Manager Liam Brettkelly and this year we were joined by Leigh Sefton who has joined the helicopter full time having previously been a volunteer and of course, is well known throughout the community for his work around surf lifesaving.

 

The cost of operating our local rescue helicopter is huge and without community support would not be able to remain operational on a 24/7, 365 day basis. You don’t have to go far to hear a story about how the helicopter has saved the life of someone close to them. Our community is very fortunate to have the major support of Trustpower and TECT and we are proud to see our EVES name alongside the other like-minded businesses who also contribute. 

Win Some, Lose Some

Posted: November 10th, 2017 / By Simon Anderson

Interesting to read some recent data showing our net migration figure has eased from previous record highs as we experience a reduction in the number of arrivals. Also of note is the trend of a return from Australia has decreased as their economy improves.

 

As mentioned in my previous article, we have witnessed no impact of this on our market in this area. Actually, we have seen a real lift in the last two weeks as we are currently experiencing very good numbers of buyers visiting our open homes, positive results in our auction room and a good selection of new property coming to the market heading into the last seven weeks of the year.

 

Over the next five weeks the EVES sales team will present some 100 properties to the market via the auction method of sale where buyers will have a wonderful opportunity to secure their dream home. Our sales team at EVES has the skills and experience to guide you through this process so you can have confidence in your decision making.

 

Be bold, we are all set to go.

 

EVES, more people selling more property.

We Just Do It

Posted: November 3rd, 2017 / By Simon Anderson

Commentators around the country are busy predicting all sorts of outcomes based on what our new government might do.

 

At EVES we are busy helping our vendors achieve their next goal in life by maximising the sale price of their homes. We know the market is the market and it’s what we do for our vendors in this market that really counts.

 

With great results over the last few weeks and a full schedule in our auction room over November, supported by this impressive publication and numerous open homes, you can be assured that with EVES your property will be showcased to every possible buyer.

 

There is still time to act before Christmas so if you are considering selling, or maybe looking for your next move, call an EVES salesperson today.

 

EVES, more people selling more property.

The Time is Now

Posted: October 26th, 2017 / By Simon Anderson

When I review the constant flow of data that comes across my desk I’m heartened by the continued growth and confidence in the Bay of Plenty.

 

The Bay continues to perform well against other centres and that vibrancy can be seen in new subdivisions, the number of building consents, retail and commercial developments and the job market. And if you need any more proof that our area is growing then simply try to drive anywhere at peak times.

 

What does that mean for you? It means that you too can take heart and have confidence if you are thinking of buying or selling right now.

 

The next decision you may face is, “who can I trust to look after me?” Rest assured that our people are trained and tuned to the current market conditions and what’s working best for our clients and customers. They will guide you through the processes relevant to your situation so that you can achieve what’s important to you.

 

So when you want to know for sure that you are in good hands, call any one of our EVES consultants and let them show you how they will take care of you.

 

EVES, more people selling more property.

A Little Perspective Goes a Long Way

Posted: October 19th, 2017 / By Simon Anderson

I’ve recently had a lot of people ask me about the ‘slowing’ of the property market. Whilst we have seen a slight slowdown year on year, we are still in a very positive place in our local market. I recently wrote how lucky we are to live where we do and that remains very true. 

 

During September 2017, things have certainly been a little slower than September 2016, with sales volume down around 7%. When looking at these stats, we just have to keep a little bit of perspective, as 2016 was an unprecedented set of market conditions. 

 

When we take a step back and compare to previous years, our region’s property market is in a phenomenal place. Go back as little as three years ago to September 2014 and the median days to sell was 14% higher, the median sale price over 34% lower, all with similar stock levels.

 

This all means that even though our local spring sales lift may have been delayed a bit by Mr Peters doing some delaying of his own, we are really still in an amazing market.

 

If you want to take advantage of this great market, then give your favourite EVES sales person a call.

 

EVES, more great people, selling more local property.

We Adapt Quickly

Posted: October 13th, 2017 / By Simon Anderson

One thing is constant in the Tauranga and Mount real estate market and that is change. Every week at EVES we experience something new that makes us rethink market conditions and how we can assist our vendors to maximise the value of their real estate assets.

 

We are very fortunate that when you take a look across the EVES sales team you will notice a very good blend of experienced, well established and acknowledged real estate professionals. This blends nicely with some fantastic new entrants to the industry, making their mark and building excellent reputations. Typically, they have come from successful backgrounds with high levels of people contact and good communication skills. To support this they receive EVES intensive training and continued support.

 

All these aspects are critically important so that we remain current and adaptable. When an EVES salesperson makes a recommendation to you in regards one of your most valuable assets, then this advice is relevant.

 

The outcome of this? Every week EVES salespeople receive steady buyer enquiry from within the region and increasingly from newcomers to the region. With the right mix of recommendations, skills and personality we will bring to your door the very best buyers in the current market.

 

EVES, more people selling more property.

Knowledge is Powerful

Posted: October 6th, 2017 / By Simon Anderson

Those with an eye to the property market would have rejoiced at last week’s Reserve Bank announcement with a “steady as we go” approach and the continuation of the Official Cash Rate (OCR) at 1.75%. On top of this, we witnessed one financial institution come out and offer what must be the best interest rate ever for a home loan.

 

Add to this, spring is now upon us, with days lengthening and with an election decision approaching we will see the traditional spring/summer lift in buyer confidence and sales activity. This provides all sellers with a great time in the market to take advantage, pre-Christmas, of all EVES offerings.

 

EVES people will give you sound advice around the presentation of your property to the market. We will offer options around the best method of sale that suits your needs. We will recommend a suitable marketing approach and then provide a sound buyer management strategy.

 

All these actions will contribute to a marketing process that will uncover every possible buyer in the market for your home so as to maximise the sale price for you. That’s what we will do for you. 

 

EVES, more people selling more property.

Hello Summer

Posted: September 28th, 2017 / By Simon Anderson

This title might sound optimistic - and it’s meant to be. After one of the wettest winters on record for the Bay of Plenty, we’re all looking forward to some sunshine, barbecues and ice creams on the beach.

 

Leading into summer has always been a great time for buying and selling property in the Bay. As the weather warms we always see a lift in the market, as people begin to think about a move to a new home to take advantage of summer in our beautiful region.

 

To celebrate and to wish summer in faster, we’ve launched our Hello Summer Campaign. This offers EVES customers a very special marketing package that will profile your property in the places that the right buyers are looking for property. This amazing value Hello Summer package is valued at over $2500 and it’s all for FREE. 

 

We’re excited to offer this package as we know it will deliver great results for our customers and help a bunch of people into their dream home for summer. We look forward to sharing the stories of some of these people as they come through.

 

Give your favourite EVES agent a call today to find out more.

 

EVES, more people selling more people their dream home.

A Diamond in the Golden Triangle

Posted: September 21st, 2017 / By Simon Anderson

The monthly REINZ statistics are always an interesting read to gauge the real estate mood across New Zealand and then compare the national stats to our regional ones. During August nowhere across New Zealand experienced an increase in the number of sales between 2016 and 2017. Overall the number of properties sold in New Zealand fell by 20% or some 1,472 homes. 

 

However, within all these numbers there is a diamond and for August that is our region, where there were only seven less houses sold in August compared to last year. Yet again this does reflect just how fortunate we are to live in this location where we continue to enjoy improved business confidence, low unemployment and a strong and growing community.     

 

Our EVES salespeople understand this and as witnessed in last Friday’s Bay of Plenty Times article, continue to assist first home buyers onto the property ladder.

 

Ultimately, our EVES business is all about people. Whether that’s our team of salespeople, our community or helping people find their first or dream home. And just like any community, if we put people first, it’s proven that great business results will follow.

 

Give your local EVES agent a call today to talk about how they can help you.

 

EVES, more people selling more homes.

Taking Our Region to Auckland

Posted: September 13th, 2017 / By Simon Anderson

 

It happens but once a year and last week’s Auckland Home Show did not disappoint. It’s simply worth a visit to keep up to date with new products and innovations.

 

EVES attended the show for the fourth year running and again we were well received by the general public with huge interest remaining in our region and the EVES Property Home Show Magazine, produced especially for the show.

 

The level of interest from Aucklanders looking to ‘make the break’ remains strong. Online traffic statistics for local real estate certainly backs this up, with 26% of all views* on Bay of Plenty properties still coming from Auckland. This will continue to be a large part of our market into the future.

 

We would like to take this opportunity to thank all our vendors who allowed us to showcase and promote their property at this year’s Auckland Home Show. You cannot sell a secret and your property was out there for all to see.

 

At EVES we are always looking for smarter and better ways to ensure we maximise the value of our vendors’ real estate assets. Talk to your EVES agents today about how they can help in unlocking the true value of your home.

 

EVES, more people selling more property.

 

**source realestate.co.nz 

 

Punching Above Our Weight

Posted: September 7th, 2017 / By Simon Anderson

Recently released data sheds more positive light on the economic prosperity of our region. Infometrics data, provided by Priority One, paints a great picture with activity increasing across a broad range of spending and investment indicators.

 

GDP, a measure of goods produced and services provided, in Tauranga City sits above the NZ increase, at 3.7%. Our housing consents, up 7.7%, outstripped the national increase for the 12 months to June which equates to some 433 new homes. The data further emphasised the importance of primary production to the region; as an example the value of kiwifruit exports increased to $1.7billion.

 

All this plus an unemployment rate below the national average and tourism numbers climbing by 5%, we really are a fortunate group to live in this region which offers so much.

 

At EVES we get this and after almost 40 years history in the Bay of Plenty we still continue to be part of our community by supporting locals whether it be on the sports fields, local schools, community clubs and theatre, the rescue helicopter or the arts it’s more than likely you will meet an EVES person there helping out.

 

Have a chat to your EVES agent about our involvement. You will be surprised what we do.

 

EVES, more people selling more property.

Election News

Posted: September 1st, 2017 / By Simon Anderson

All the sales numbers we are currently seeing would indicate a cooling or “normalising” of the very strong property market that we have witnessed the last two years. Is this a factor of the upcoming election on the 23rd September, the impact of the loan-to-value ratio (LVR) put in place by the Reserve Bank in October 2016, the winter blues or a combination of them all?

History tells us that it isn’t unusual to see the property market slow a little in the lead up to an election, which is typically in winter. This year we have probably seen this coincide with LVR’s (Loan to Value Restrictions) beginning to have impact at the same time.

The reality though is that it feels worse than it is. If your memory is anything like most peoples, it is relatively short. We have just come out of a property market that has had incredible strength over the last two years. Things have slowed compared to that, but compared to a normal market we are still travelling nicely.

In fact, according to REINZ data, in July the Bay of Plenty reached a record average asking price of $595,100. We also saw some real growth in the sale of small home market (1 to 2 bedrooms), with the average asking price growing 10% to $424,250.

So despite the perfect storm of things going against the market, we have maintained some real strength. It’s also important to note, that typically, once the election result is known, the uncertainty is removed and we experience a surge in activity.

At EVES we say the “the market is the market” no matter how you look at the numbers, but what’s important to us is helping our clients make good real estate decisions year round. After all, there are always people looking.

And just a quick note for all the Dads out there, happy Father’s Day for this Sunday from us all at EVES.

EVES, more people selling more property.

Where is our Enquiry Coming From?

Posted: August 25th, 2017 / By Simon Anderson