The first three months of 2016 saw growth in the average value of middle-segment homes in the South African residential property market remaining relatively stable at a nominal 5,7% year-on-year (y/y). This is the finding of Absa Home Loans property analyst Jacques du Toit, who
As a percentage of total home buying, the first quarter 2016 FNB Estate Agent Survey pointed to a slowing in the level of first time buying. John Loos, FNB Home Loans household and property sector strategist also found agents perceive first time “buyer panic” to
I own a unit on the second floor of an apartment building and it has an open balcony that I would like to enclose. One of the trustees found out about my plans and is insisting that I get permission to do so. Surely I don’t
Big dogs, burglar bars on the windows and not leaving post to pile up are some of the common myths we believe about deterring and fooling criminals. But that’s all they are: myths.
With petty theft, and break ins specifically, following the wrong advice can leave
A new phase of ‘life rights’ retirement units has been launched at the Plumstead Rusoord (PlumRus) development located in the tranquil suburb of Plumstead in the heart of the Constantia Valley.
This comes on the back of enormous demand for more retirement units in this very
At the age of 27 Wikus Lategan joined Calgro M3, to become the youngest financial director of a JSE-listed company. At the time, in 2008, the company had a market capitalisation of R30m. Today that figure is just on R2,9bn. Calgro develops mixed-use/integrated residential property
Billed as the country’s most successful property launch in history, with R1bn in sales taking place at its initial launch on April 4, 2015, the developers of The Pearls of Umhlanga have reconfigured the building in its final phase, Pearl Sky, to cater to market
So far, the Atlantic Seaboard and City Bowl areas seem to have shrugged off the country’s economic woes and interest rate hikes. Sales in the first quarter of this year are already at just under the R2bn mark.
This, despite a number of economic setbacks including
The 1st quarter 2016 FNB Estate Agent Survey shows a decline, once again, in the percentage of sellers selling in order to upgrade homes, reports FNB Home Loans household and property sector strategist John Loos.
This points to mounting financial limits, and increased household caution. However, there
Buying off plan or directly from the developer has its benefits, especially for first-time buyers or those who don’t have cash for transfer duties and various other transaction costs.
Shaun Rademeyer, CEO of BetterLife Home Loans, SA’s largest mortgage originator, says that one of the most