Monthly Market Comment April 2008

 

MAY MONTHLY MARKETING COMMENT

 

I expect Waihi Beach will become a bit of a sleepy hollow over the next few months as the economy limps along from one politician to another telling us how they would do things.  I also expect the housing market in holiday towns such as Waihi Beach will suffer not from drops in real estate prices but more from the lack of confidence and urgency placed on buyers. 

As we approach the spring there will again be the usual hype and the urgency will return but over the next few months the market will be very lacklustre.  This is not a lot of consolation for vendors who are becoming very very keen to sell their properties and there are an increasing number of them!!  It is however, a very good opportunity for those that are in a position to make their move and purchase.  For many of our rural neighbours the winter is a quiet period before calving and spring activity so I expect we will see some activity from them shortly. 

The Beach Hop at Whangamata has once again come and gone and what a fantastic event it was – it just keeps getting better every year!  I believe this single event is bigger than New Year for the town and my only hope is that the committee can continue to put on such a fantastic event with the limited funding they receive. 

Back here at Waihi Beach thoughts are already on people’s minds about next summer’s Mardi Gras with the “Op Shop Mid Winter Ball” being the event to attend on June 28th. Tickets are only $20 (available at Waihi Beach Hammer Hardware) and proceeds go towards the running costs of the Mardi Gras. So put that date on your calendar and we’ll see you there! There’s a great band booked and I’m sure there will be some spectacular outfits on display.

 

Kind Regards

 

 

Russell Hunt

Principal

 

From Russell Hunt - Principal
Whangamata Real Estate
P O Box 105, Whangamata
Ph 07 865 8499
hunt@beachproperty.co.nz and www.beachproperty.co.nz

Waihi Beach Branch
19 Wilson Road
Phone: 64 7 863 5797
Fax: 64 7 863 5793
Web: www.beachproperty.co.nz
E-Mail: info@beachproperty.co.nz

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