Homes For Sale

Tim O’Sullivan said the Coopers Real Estate has a long tradition of excellence in delivering outstanding results. “Joining Ray White will assist us to grow our business in sales and property management and in addition give us a broad network of offices that allows each of our clients to have international and national exposure and a high level of marketing.”

During the past 12 months Ray White has opened 19 new offices throughout New Zealand and with the opening of the new Ray White Rotorua office, the network will extend to 130 offices.

Phone 07 348 8333 Email rotorua.nz@raywhite.com Web: www.rwrotorua.co.nz

The housing market in Greater Hartford showed few signs of a rebound in 2011, according to a new report Friday, as house sales and prices fell below the previous year when buying and selling was boosted by a homebuyer’s tax credit.

The median sale price of a single-family house in 2011 dipped 3.7 percent to $221,500 from $230,000 the previous year, the Greater Hartford Association of Realtors reported Friday, for the 57-town area where it tracks housing trends.

Closed sales slid nearly 8 percent in 2011 to 7,255 from 7,861, the previous year. Houses under contract an indication of future sales also dropped by 8 percent in the same period.

Hopes that the home buyer tax credit in 2010 would spur lasting momentum in the housing market did not materialize.

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January 13th, 2012 by Allyson Zacharko Categories: Home Buyers, Home Sellers

In December, seven homes sold in the Cashmere area.

422 Elberta Avenue, Cashmere

List price: $81,000.  Sold price: $78,165.

Days on Market:146

2 bedrooms | 1 bath | 768 sqft | 0.11 Acres

Small home on a quiet street in Cashmere built in 1928.  This home was a foreclosure and was orginally listed for $91,500.

5655 East Cashmere Road, Cashmere

List price: $155,000.  Sold price: $155,000.

Days on Market:0

2 bedrooms | 2 bath | 1668 sqft | 0.46 Acres

A home built in 1940 located behind Martins Grocery Store.  This home was not listed on the multiple listing service.  It may have been a For Sale By Owner.

204 Chapel Street, Cashmere

List price: $169,900.  Sold price: $169,900.

Days on Market:65

3 bedrooms | 2 bath | 2200 sqft | 0.22 Acres

A 1947 home built from cinder blocks.  Third bedroom is in the basement and is considered an non-conforming bedroom because the window does not meet fire code standards.  The basement has its own entrance and full kitchen.  Property has an additional three bay car port.

302 Elberta Avenue, Cashmere

List price: $170,000.  Sold price: $170,000.

Days on Market:20

3 bedrooms | 1.75 bath | 1902 sqft | 0.13 Acres

Older home with some updates and some original charm.  The home was previously on the market in 2008 with a list price of $235,000.  The home was listed as pending the day it came on the market so the listing agent probably found a buyer for it even though it was not actively on the market.

217 Paton Street, Cashmere

List price: $230,000.  Sold price: $230,000.

Days on Market:0

3 bedrooms | 3 bath | 3504 sqft | 0.35 Acres

Another home that was not on the multiple listing service. This is a home built in 1950

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The real estate market continues to show improved signs for all sectors within property sales on the strength of the continued low Official Cash Rate of 2.5%, steady immigration numbers coming toNew Zealand linked with the recent election that saw the National Party return to government with an increased majority.

Prices have continued to firm, particularly across Auckland where the average sale price has lifted during the past two months and is now $475,000 which is a lift since the beginning of the year of just under 4%. The numbers of sales also across Auckland have remained consistent during the past three months to be just below 2,000 per month and we expect this trend to continue throughout the final months of 2011 and during the first quarter of 2012.  What has been of interest is the increasing amount of property that has been marketed by auction, which is at a record high of 26.4%. A

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Breaking News: Brookfield Residential Property Services Buys Prudential Real Estate and Relocation Services

In late-breaking news Tuesday Brookfield Residential Property Services, a Brookfield Asset Management Inc. affiliate, announced that it has purchased Prudential Real Estate and Relocation Services (PRERS), a recognized leader in employee relocation and real estate franchising from Prudential Financial, Inc. Prudential Relocation Services operates as Pricoa Relocation in Asia and Europe.

The addition of PRERS to Brookfield’s existing residential real estate franchising and employee relocation services businesses establishes Brookfield as the world’s second largest employee relocation services provider and the third largest residential real estate franchising business, the company announced.

Under a licensing agreement, Prudential Real Estate brokerage affiliates will be able to continue to use the Prudential brand based on the terms of their franchise agreements.

“This transaction creates a global employee relocation services and real estate franchising leader,” said Graham Badun, CEO, Brookfield Residential Property Services. “We hav

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