Quarter Update | February 2020

On the 1st of February 2020, Jenni celebrated 10 years of service with Bayleys Orewa. A tremendous milestone and a fantastic recognition of her experience within the industry, selling over $139,000,000 of property since making the move in 2010.

MARKET MOVEMENT

Synonymous with the beach, backyard cricket and barbeques – this summer Bayleys has discovered there’s a lot more to love if you’re in the residential sales market. Offering longer daylight hours full of action-packed activities, and balmy summer nights designed for dining alfresco, summer in New Zealand gives a palpable seasonal pick-me-up to Kiwis of all ages. While the Christmas break saw a small decline in activity, the market is now on the steady incline with activity as the children head back to school and people start to consider their plans for 2020.

While interest rates world-wide sit at record lows, the Reserve Bank of New Zealand (RBNZ) has said that New Zealand’s rates will need to stay low, for longer in order to achieve its economic goals. This means that borrowers today are enjoying an unprecedented level of low interest which makes money go further when it comes to your mortgage. Following more subdued performance in 

2019, the RBNZ has predicted the pace to pick up for New Zealand’s domestic economy spurred by higher wage growth, greater investment into infrastructure and spending on services courtesy of the Government. This renewed economic confidence will have a ripple effect across New Zealand, with business owners, investors and workers all encouraged to leverage assets and spend in the most popular place Kiwis create wealth – the residential property market. Just like the upward trajectory picked for New Zealand’s housing market in 2020, the new year signals change and movement to many Kiwis. From resolutions around lifestyle; professional and career changes; or a new home, school and neighbourhood – there’s a transformative feeling in the air that helps to encourage a new wave of buyers to act.

If your new year’s plan includes making a move or marketing your home for sale, speak to the professionals at Bayleys to find out how New Zealand’s largest fullservice agency can offer value-added service as well as Airpoints and the reach that others can’t.

1-(2).jpgMTF SILVERDALE GET MOVING FESTIVAL

Gabrielle is excited to be teaming up with Go Run Girls this summer to be their ambassador for MTF Silverdale Get Moving Festival. With four events spread across Rodney, from Warkworth to Gulf Harbour this is a fantastic way to get outdoors and challenge yourself this summer! Walkers, runners, dogs and kids are all welcome to join a FREE Social training session every Sunday at 9am starting on the 5th of January, for more information contact Gabrielle – she would love to see you there!

For more information on the events, check out : http://getmovingfestival.co.nz
For more information on how to train, check out : https://www.gorungirl.com 

temp-(1).jpgLOCAL BUSINESS: ‘WORDS OF HEART NZ’

Based in Hatfields Beach, you can find ‘Words of Heart’ on Facebook, Instagram and at the local markets. Inspired by a passion for pets, the local community, family and a love of words, ‘Words of Heart’ creates eye-catching, personalised word art pieces. Offering a wide range of designs, various themes and the option to create unique designs, ‘Words of Heart’ caters to your gift and home needs. Be sure to check them out on:

http://www.facebook.com/wordsofheartnz
Instagram: @wordsofheartnz