Home' Napier Mail : January 31st 2012 Contents 10 NAPIER MAIL, FEBRUARY 1, 2012
bring good news!
Recent headlines indicate that property prices
have been falling. But behind the headlines,
there is a point that few people realise. A
"flat" market is not only good for buyers, it's also
great for most homesellers. How can this be?
Well, it's simple. Most people who sell a family
home are purchasing another home - usually a
more expensive one.
And so, instead of feeling miserable about
getting less for their homes, sellers should
celebrate because the price of their next home
is also likely to be much cheaper. The changeover
costs can be thousands of dollars less.
Let's say that prices have eased by five per cent
and a home which may have sold for $300,000
in 2009, now sells for $285,000, a drop of $15,000.
But a $400,000 home will now sell for $380,000
-- a drop of $20,000.
So, while there is a "loss" of $15,000 when
selling, there is a "win" of $20,000 when buying.
When property prices are going down and sellers
are trading up, the change-over costs go down.
This means both sellers and buyers can be better
off in a falling market.
But for most homesellers, a falling market
creates a strange psychological phenomena.
Why should your neighbours (that you rarely
spoke to) sell their home (which was not nearly
as good as yours) for more money than you?
If they can get a huge price for next door, you'll
be darned if you'll sell yours for less.
Selling a home is only part one of the moving
process. Part two is buying another home.
Sure, when you put your home for sale, today's
buyers might give you a hard time with low offers.
But all you have to do is take the best offer and
then you can move to part two -- where you
become the buyer. Then you make the low offers!
Every cent you drop from the price of your
existing home, you'll get off the price of your
next home -- and then some!
So don't worry about what you could have got
for your home yesterday, think about how much
less you have to pay for your next home today.
Ignore the gloomy headlines. You are about to
save thousands of dollars.
If you want a copy of our
FREE book "How to get the
Highest Price for Your
Home", call Cox Partners
Estate Agents on 835- 4321.
Malcolm Cox on Property
For domestic and business security
enquiries contact falcon electrical.
Ph: 843 6383
AT HOME CHILDCARE
p. 877 1560 • w. thenestathome.co.nz
experienced and qualifed
Further details on our website
Phone Jane Dowie, anytime, in the strictest confdence
World media feasting on the Bay:
CONTINUED Page 11
By DIANE JOYCE
Going deco: Boutique hotel The Dome is an example of Napier's art deco building design.
Tourist drawcard: The popular Elephant Hill winery at Te Awanga.
They're talking about us out there.
From Britain, The Guardian's Danny
Wallace was so impressed by the longest
place name in any English-speaking
country, that he made it his end stop on
a trip to New Zealand.
After tasting the delights of Auckland
and Tauranga he headed to Napier and
then Central Hawke's Bay. In Napier he
took a bike tour around wineries, but
wrote little, saying I forget what
happens after that'' before heading to an
unnamed pub to see Invercargill Mayor
Tim Shadbolt do a 45-minute stand-up
He saved most of his paragraphs on
Hawke's Bay for Taumatawhakatangi-
kitanatahu, a hill in the very southern
corner of Hawke's Bay.
In his travel article for The Guardian
he said there he met a Maori woman who
explained that the name meant the
place where Tamatea, the man with the
big knees, who slid, climbed and
swallowed mountains, known as
Landeater, played his flute to his loved
The view from the top of the hill, he
said, was of some of the prettiest
countryside I've ever seen''.
Hawke's Bay gets its own subheading
in an article by Ruth Atherley, a Can-
adian blogger with near 14,000 followers.
In an article which covers Wellington's
Zealandia, the Hobbiton movie set in
Matamata, and a flying fox and a burger
joint in Queenstown, is a small piece on
the Cape Kidnappers Gannet Reserve,
the most accessible mainland gannet
colony in the world''.
Another Canadian blogger with an
even bigger audience, the Toronto Star's
Jim Byers with 2.6 million followers,
made the most of his trip Down Under,
writing three articles, one on wine trails,
the second on Cape Kidnappers, and the
third on art deco.
On New Zealand wines he waxed lyri-
cal, albeit putting Hawke's Bay offerings
behind Marlborough and Otago in the
best known'' stakes. Two wine tours
over two days scored mentions for sev-
eral wineries, including Elephant Hill,
Te Awa and Black Barn . . . and the local
cows. He was tickled by a sign he saw
while on a bicycle tour of vineyards,
which asked bikers to please ensure the
gate was shut as the cows could be quite
frisky'': That's a scary thought.''
The article on Cape Kidnappers con-
centrated on the golf course and the
high-end'' resort, particularly the food
and the decor.
Of the golf course: The first couple
holes were just nice, but the course
quickly turned sensational, with deep
gullies and a decent wind forcing me to
make (mostly bad) decisions about club
Of his accommodation: The main
building is made of beautiful stone, with
gorgeous, rough-hewn farm implements
scattered hither and yon in just the per-
fect expressions of farm chic.''
His article on Napier neatly
encapsulates the earthquake and sub-
sequent rebuilding, focusing on the art
deco style and the tours and celebrations
that have grown from there. He calls it
the unofficial art deco capital of the
world'' and says the only reason it is not
better recognised by the world travel
media is because it is in far-away New
It is hard to measure the value of inter-
national and national media articles on
Hawke's Bay, but if the region's tour-
ism organisation had to pay for the type
and spread of coverage it had garnered
over the last six months or so, it would
Six-month-old Hawke's Bay Tourism,
largely funded by the Hawke's Bay
Regional Council, hosted 57 inter-
national media between October and
December against a target of 15 for the
whole year, and more were on their
way, said Tourism Hawke's Bay gen-
eral manager Annie Dundas. The total
for the six months exceeded 157, after
100 arrived from July to September,
however Ms Dundas said a lot of that
was Rugby World Cup-driven.
She said the last quarter's figures
were more satisfying, given the writers
were less focused on a particular event,
and had written general articles on the
attractions of the region.
Next on the visiting list was a contin-
gent from Hong Kong, where a 20-page
feature on New Zealand was being
published. That fitted in with Hawke's
Bay Tourism's desire to target
Ms Dundas said people in that area
were more westernised, are used to
independent travel and speak English'',
compared with the Chinese traveller
who mainly tagged three days of an
organised tour covering Auckland and
Rotorua on to a trip they had done in
The visiting media's articles ran the
gamut of topics and tourist attractions.
However, cycling and wineries were a
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