South African homes sell within 11 weeks of listing, according to FNB statistics, and 87% of sellers are forced to drop their asking price by 9% on average.
This means, on a bank-financed R1m home, at current interest rates (with no deposit and over 20 years),
Sandton suburbs and its immediate surrounds have generated an estimated R8bn in residential sales in the last 18 months, and a fair amount of these sales have either been cash deals and/or in the R5m-plus price range. This is according to Charles Vining, Seeff’s MD
We’ve all heard about construction nightmares – whether it be the architect who fails to submit plans to council, to builders absconding with deposits and shoddy/dangerous workmanship. The irony is that it costs more to put right mistakes than it does to build/design properly from the
Various shades of blue can be associated with tranquillity, confidence, power and stability. When wanting to spiff up any space in my home with new scatter cushions or vase I am always irrevocably drawn to shades of blue.
Helen Heenan Interiors colour inspiration
"Blue is such a
While the latest FNB Property Barometer puts the Western Cape at the top nationally with the highest average house price at R1,4m, you can still find a nice family house for between R1,2m and R1,7m in the Goodwood area. It therefore should come as no
Research shows that it will take the average home buyer only a few seconds before deciding whether or not they like the home. In fact, certain factors, often outside the control of the owner, influence a potential buyer’s decision even before the buyer has walked
The idea of purchasing a piece of land and building your own home is a dream for many people. But what is involved in purchasing vacant land when building your dream home?
The big four banks in South Africa (Absa, Standard Bank, FNB and Nedbank) will only
Home buyers and those who build their own homes can change almost anything about a home, from open-plan spaces to building an extra bedroom or granny flat. What they will never be able to change is the home’s location.
This is according to Shaun Rademeyer, CEO
House price inflation of 2% year-on-year was achieved for Q2 2016 compared to Q2 2015, according to bond originator, ooba. The average first-time buyers’ purchase price fared slightly better, increasing by 2.8% year-on-year.
“The sharpness of the decline in property growth in Q2 20016 is emphasised
There is currently no limit set on the number of proxies a trustee in a sectional title scheme can collect prior to a general meeting. This is according to Michael Bauer, GM of IHFM property management company.
“The way the Sectional Titles Act stands now, if