lugton's news
Hamiltons Residential Market | 28 Jun 2010
Since our last newsletter in April, Hamilton’s residential property market has taken significant drops from the March sales figures of 225 residential sales. April dropped by approximately 26% to 166 sales with May continuing that trend of 164 sales. Looking ... more
Interest Rates | 28 Jun 2010
The big news of course is The Reserve Banks first interest rate rise in 3 years taking the official cash rate from 2.5% to 2.75%. Predictions are for a further increase at the next six weekly review due July 29th. At the time of writing this newsletter there had be... more
3D Floor Plans and Professional Photography | 28 Jun 2010
Our new innovation of 3 Dimensional floor plans and professional photography has had a tremendous response from both vendors and purchasers. And it’s free when you list your home with us. More and more people are using the major property websites to check out homes fo... more
Hamiltons Residential Market | 28 May 2010
The January/February period has seen an unexpectedly sluggish start for our residential market. Both months in 2010 saw sales figures at low levels not seen for the same months since January and February 1998. Considering how much the Hamilton market has grown in those 12 y... more
Capital Value Analysis | 28 May 2010
An analysis of a random sample of recent Hamilton house sales compared to their recently released Rating Valuations show about 60% selling above the new RV values and 40% selling below the RV. The % difference ranges from nearly 40% below to 17% above at the extreme range ... more