Mortgagee Sales Are on the Rise in New Zealand  
     
  Mortgagee Sales Statistics:  
  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:

 

 
   
    
  For the latest mortgagee sales statistics, please visit www.zoodle.co.nz
   
  Avoid a mortgagee sale or mortgagee auction by selling early. Use our toll free number below:
   
  0800 777 137
   
   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%