Why Faster?

Your first home is not your forever home

Forget perfection. Forget waiting for the stars to align. Your first home is not your forever home. It's your foot in the door. The biggest mistake first-home buyers make is trying to buy their forever home first. 

But the reality? Your first home is a stepping stone.

The key is to get in now, start building equity, and use it to climb the property ladder. Waiting for your “forever” home could cost you years and thousands of dollars in lost equity. The sooner you buy, the sooner you benefit from the natural growth of the market.

The best time to buy a house was yesterday. The second best time is today

If you’ve been waiting for the “right time,” stop.

Forget:

  • What you’ve heard in the news.
  • What you’ve read online.
  • What your neighbour’s second cousin said.
  • What the MP seeking re-election promised.
  • What your granddad told you while chewing a Werther’s Original.
  • What’s said at the pub between rounds of darts.

These voices thrive on doom and gloom, but they don’t change reality.

Time is against you.

Over time, everything goes up, population, cost of living, building prices, and yes, house prices too. On average, house prices in New Zealand have risen 7% per year for the last 50 years. That means roughly doubling every decade. If you’re waiting for prices to drop, you’re betting against history.

New Zealand’s median house prices have been on a long-term upward trend, proving that time in the market beats timing the market.

Time waits for nobody

The longer you wait, the harder it gets. If you’re not in the market, rising prices are working against you. But if you get in now, those same rising prices will work for you. That’s the power of equity.

Getting into your first home isn’t just about where you live today; it’s about setting up your future. When house prices grow, so does your home’s value. That gives you more equity to leverage when it’s time to move up to your next home. The market doesn’t just punish those who wait; it rewards those who take action.   

Your first home is about getting first home ownership, not about purchasing your ‘tomorrow’ home

Stop chasing your ‘tomorrow home.’ Focus on what’s possible and realistic today.

The goal isn’t to find your tomorrow or forever home; it’s to get into a home you can own. Once you own, you’re on the property ladder, and that’s when the real opportunities begin.

Top tip from Aera: Prioritise your needs over your wants

One of the biggest mistakes first-home buyers make is focusing on wants instead of needs. You need to force-rank your priorities; what’s essential for your lifestyle today versus what can wait. Your must-haves might be location, proximity to work, or enough space for your family. Your wants like a open kitchen, large backyard or a nice garage can always come later. The sooner you separate your needs from wants, the sooner you can buy a home that works for you now and will set you up for the future.

Aera is here to help you move faster and FASTER, because the faster you get in, the better off you’ll be in the long term. Don’t let hesitation cost you your future. 

Let’s make your first home happen faster than yesterday.

Download

Get the Aera app to unlock your first $500 now.