If you had US$1m to spend, you’d pick up a 17m2 matchbox in Monaco, or a 209m2 palatial home in Cape Town. In 2015 US$1m bought 255m2 (or 18% more floor space). This is according to the latest Wealth Report by Knight Frank which recorded
The average first-time buyer* earns around R37,000 a month, according to statistics by BetterBond (previously BetterLife Home Loans).
The mortgage originator’s numbers demonstrate that first-time buyers accounted for 47.6% of home loan applications in the 12 months to end-June 2017.
“They, however, only obtained 29% of all
Step 1: Rope in a group of likeminded associates
Step 2: Hire a friend to get the services turned off illegally
Step 3: Leave to boil over and stew
Step 4: Approach building residents and tell them the people who run the building don’t own it
Step 5: Accuse
There is no user manual for all aspects of homeownership, from moving, to taking occupation and to maintaining and understanding common and uncommon defects. Albert van Wyk has more than 38 years’ worth of building experience and has put all he has learned into a
Tenants countrywide are shopping for the best deals, and rentals can be even more competitive than sales. This is according to Shaun Groves, Gauteng rentals manager for Lew Geffen Sotheby’s International Realty, who says when someone is buying a home, they envisage themselves living there
While there has been a level of overtrading in the Western Cape housing market, which is slowly losing steam, there is still value to be had in Cape Town. This is according to Siphamandla Mkhwanazi, Standard Bank consumer economist, who was speaking at the bank’s
Gauteng buyers are widening the gap between listing and selling price, sometimes up to 30% less.
This is according to Cameron Jansen, broker/manager of RE/MAX Central, who said there seemed to be a large disparity between what sellers think their home is worth and what buyers
Between 2014 to early 2016, the estimated average time a home sat on the market before selling had been moving broadly sideways at levels around 12 weeks (just less than three months. Through 2016 and into 2017, however, the market appears to have been moving
Hi, I am a property owner with a problem of an informal settlement of 36 dwellings on the land. I have engaged the dwellers who are voluntarily prepared to relocate provided the eThekwini Municipality provide them with proper housing. I have gotten advice regarding the
Hi, I bought a house and had to move in three days after the date agreed to in the sale documents. Now I'm being charged occupational rent for the three days. Is this fair? - Jan
Hi Jan, occupation refers to the date that the purchaser