Is Now A Good Time To Buy Real Estate Wanganui?
The Real Estate Market Has Turned
It's been quite a difficult time for people looking to buy houses for sale in Wanganui over the last few years given that house prices have risen so dramatically. Property for sale in Wanganui has certainly been in such short supply. People searching online for Wanganui real estate for sale will be pleasantly surprised because the real estate market is now very different.
Housing stock has nearly doubled in just a few months
Properties are taking longer to sell
There has been an influx of price reductions
There is now far more property for sale in Wanganui and more houses for sale in Marton than there have been for quite some time. But there is no doubt that good, well priced real estate in Wanganui is still being snapped up fast. This is partly a seasonal variation now that the season has changed, but overall buyers should start to hear even better news about home prices in Whanganui as interest rates increase. Marton real estate is trucking along well but properties are taking longer to sell even though Marton real estate is still a great investment as well. Property for sale in Marton and Whanganui has become sought after because property in the major centres like Auckland and Wellington have simply become unaffordable and people are also looking for a better lifestyle, which Whanganui/Wanganui offers. Similarly, the same could be said for finding houses for sale in Marton, Bulls or Waverley which are close by.
A really good reason that it may be a good time to buy a house in Whanganui right now is that the real estate market has continued to perform strongly throughout the last decade. You can feel safe knowing there is not going to be a crash any time soon, even though there may be a dip. This seems to be a trend with no signs of stopping as these regional areas continue to be popular and prosper after a long time of decline. Another good reason is the relatively low cost associated with investing in real estate Wanganui as investment property yields are generally much higher here than in the major centres. You can often buy multiple units and have them for the same price as a house in some instances. If you were making a property investment, there is always land for sale Wanganui but you would need to find a developer or a builder to build, which is always an option. But there have been several new subdivisions coming onto the market in recent times. There are also farms for sale Wanganui, Waverley, Marton & Bulls but these are in limited supply. This presents an opportunity for you to invest in your future, create wealth for your family and give them a lifestyle they will enjoy. Whanganui Mansions specialises in a specific area and we promote all the local real estate agents listings for free. Many local Wanganui real estate agents can help you along your journey and reach your goal and find houses for sale Wanganui. The two major players in the Wanganui real estate market are Property Brokers Wanganui and Bayleys Wanganui. But there are certainly other boutique Wanganui real estate agents like Property Brokers Marton, Raywhite Wanganui, Harcourts Whanganui, LJ Hooker Whanganui, Arizto Real Whanganui, Tall Poppy Whanganui, Inspire Property Wanganui, Ross Watson Real Estate (Watsons Real Estate), Watson Integrity (Feilding), PGG Wrightson Real Estate, Remax Marton now Team Lewis Innovation Real Estate, NZ Real Estate (NZR), First National Real Estate, Century 21 Real Estate. Bayleys Wanganui and Property Brokers Wanganui also have specialist rural property specialists. Some specialise in lifestyle property for sale Wanganui and most of them seem to have sections for sale and bigger blocks of land for sale in various sizes.
And not to be forgotten, but there are certainly private house sales Wanganui and you can find a number of these by searching on this website or looking through Whanganui Mansions Real Estate magazine that highlights all property for sale in Wanganui, Waverley, Marton & Bulls in all prices ranges. With that in mind, is now still a good time to buy a house in Whanganui, Waverley, Marton or Bulls.. well we certainly think so!
About the Author Steve Baron is the Founder & CEO of Whanganui Mansions. He is a former successful real estate agent and property investor when based in Auckland and formerly the Managing Director of Baron Marketing Ltd, an advertising company he founded and ran for over 20 years. He is a past mentor for Business Mentors NZ and holds a Bachelor of Arts Degree from the University of Waikato Majoring in Economics & Political Science. He also holds an Honours Degree from Victoria University of Wellington in Political Science. He is a published author of three books and a prominent guest editorialist for newspapers throughout New Zealand. In his spare time, Steve is the Clerk of the Scales for New Zealand Thoroughbred Racing, is a Bridge Grandmaster and enjoys walking, running and cafes.