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Mortgagee
Sales Are on the Rise in New Zealand |
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Mortgagee Sales Statistics: |
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Mortgagee Sales now account for
4% of all house sales. This is a disturbing statistics. It is
horrifying to think that 1 in 25 houses selling on the market today
are mortgagee sales. For statistics, please see Zoodle below: |
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For the latest mortgagee sales
statistics, please visit
www.zoodle.co.nz |
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Avoid a mortgagee sale or mortgagee
auction by selling early. Use our toll free number below: |
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0800 777
137 |
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Please be aware that there
is no logical reason as to why house prices in New Zealand haven't
yet crashed in a dramatic way. Not only is farming bad but tourism
is terrible. Mortgagee sales and mortgagee auctions have risen 100%
in Northland from May 2008 to May 2009, In Auckland during the same
period, they rose 211% and in Wellington 1000% |