Tommy's Lifestyle Blog

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Real Estate Insights

Advice for home buyers and sellers in the wake of the recent Credit Contracts and Consumer Finance Act changes

Real estate must surely rate as the most talked about topic in all forms of the media and in recent times there has been plenty to talk about. We have witnessed prices escalating at unprecedented rates in a market fuelled by cheap finance, an under supply of stock and a banking system that has been [...]

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Newsroom , Real Estate Insights

Wellington Market Comment | January 2022

Another year and no doubt a year that will provide opportunities for more people to purchase their first home and benefit from having security of tenure for their family and dependants. It is also an opportunity of course for long term savings and possible capital gains. We say long term capital gains as realistically, the [...]

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Real Estate Insights

Wellington Market Update | Presented by Tommy’s | January 2022

You would think fewer buyers, more listings and flatter house prices would make it easier for people to buy their first home this year. But it could be harder than ever because of tough new lending rules that are stopping even buyers with sound credit histories from getting a mortgage. “It is difficult to predict [...]

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Real Estate Insights

Thinking of buying or selling over the Christmas/New Year period?

The year 2021 is certainly a memorable one. We want to take this opportunity to express how much we appreciate your support this year. With your continued support, we have been able to give back to our incredible charity and non-profit organisation partners.

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Real Estate Insights

Wellington Market Update | Presented by Tommy’s | December 2021

Do the new rateable values accurately reflect what Wellingtonians can expect their homes to sell for? The Wellington City Council reports the average value of residential housing in the capital has leapt 60.4 per cent since 2018. The average house value now sits at $1.435 million and there’s not a single suburb where the average [...]

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Real Estate Insights

Reflecting on 2021 and the current market trends

As the curtain falls on 2021, it is an appropriate time to look at the year in retrospect, to reflect on the real estate market and the factors that have made it a year with a difference. Many of us will be diverting our attention towards Christmas festivities, family time and holidays after what has [...]

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Real Estate Insights

Looking forward to what 2022 might offer for the property market

In previous posts on our blog, we have often referred to the real estate market as being cyclical. There have been periods of market buoyancy followed by times when the heat has gone out of the market for any number of reasons; buyer demand has slumped, there is political uncertainty, interest rates are rising, there [...]

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Real Estate Insights

Wellington Market Comment | November 2021

Historically, the summer season has been one of the busiest times of the year in real estate interrupted only by the brief annual Christmas shut down which will soon be upon us once again. This year appears to be progressing along similar lines as we continue to transact residential real estate sales in good numbers [...]

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Real Estate Insights

Stunning blooms to freshen your home this spring

Out of all the seasons, Spring and Summer must be the most popular. This is due in part to the warming weather, offering hope and anticipation for balmy summer evenings after a long dreary winter. My favourite part of the changing of seasons is watching the most beautiful flowers pop up and seeing life returning [...]

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Real Estate Insights

Selling your property over the Christmas period?

Each month, the Real Estate Institute of NZ (REINZ) reports to members and to the general public on the state of the real estate market, and it provides commentaries and opinions based on sales activity for the previous month. The information provided is useful for comparison with our own sales patterns and results, and it [...]

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Community , Newsroom

Giving back top of mind for Tommy’s

Tommy’s has taken its reputation for being community-minded to another level this year despite Covid disruptions. The Wellington-based real estate company has added two newcomers to its ever-growing list of non-profit organisations it supports.

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