We are now firmly in the grip of a buyers’ market: Fewer buyers, more sellers and a reduced number of sales. The current housing market reflects the state of the nation and the economy, both in terms of price growth and the level of consumer
'For Sale’, ‘For Sale’, ‘For Sale’. We’ve all driven past sectional title complexes where the entrance gate’s garden has been overtaken by a litter of For Sale boards. We wonder what on earth has residents so spooked that it seems everyone is selling en-masse. Drawing
“[Minister of Finance Pravin] Gordhan has been handed the proverbial sow’s ear by government and told to turn it into a publicly palatable silk purse.
It’s unfortunate that the finance minister’s post doesn’t come with conjuring powers, because working as he is with one hand tied
My neighbour and I have a duet sectional title scheme. The body corporate (just the two of us) do not have meetings and we have our individual accounts for rates and taxes as well as electricity. We do and pay for maintenance ourselves to our individual
National average rental inflation is a lowly 2.89% according to the latest TPN Market Strength Index. This means that as a landlord, if you on average were charging a tenant R10,000 per month, your rental escalation would be R289 – hardly enough to cover above-inflation
Good day, just over three years ago we bought into a sectional title complex. The chairman acts like a dictator and in a complex of only 10 units, he owns three (two of which he has sold) and has always had more votes.
No one person
The least expensive homes in the Atlantic Seaboard suburb of Llandudno are currently in the R10m region – and houses at these prices will require considerable renovation.
This is according to Clare Putsman, a co-director and co-founder of Cape Waterfront Estates.
“Average prices are now R15m to
Home buyers have been doing things backwards all along: First they start with the home search and once they have signed the offer to purchase, find out if a bank is willing to finance their loan. This is according to FNB chief imagineer and former
Can neighbours object to and prevent the approval of building plans? It is important to understand that often an application for the approval of building plans is made in conjunction with an application to rezone the property, or to relax building lines, or to remove
Despite Johannesburg Water implementing level 2 restrictions on Johannesburg residents, demand has not dropped to acceptable levels and the city is taking a tougher approach.
According to the city’s MMC for Environment and Infrastructure, Anthony Still, the restrictions mean residents may no longer irrigate their gardens