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As the trend towards multigenerational living gains ground, young adults are now not only moving back in with their parents but increasingly buying the homes they grew up in from their parents, with the intention of also raising their own families there. “This is consistent with

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In South Africa, the residential real estate industry is geared towards sellers: estate agents represent the interests of sellers, while no one looks after the interests of buyers. That is, until now. A new National Property Buyers' Database was recently launched by the same brainchild of

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First time home buyers often get caught by surprise when banks ask for a deposit in order to secure a home loan. “When applying for a home loan, banks will access your credit status to establish whether you will be able to meet the bond payments.

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Despite the residential market improving its risk situation quarter after quarter, the highly constrained broader economy means potential buyers continue to adopt a wait-and-see approach and negatively impact on the current sellers’ market conditions. “The ongoing decline in the household sector debt-to-disposable income ratio, all the

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According to Betterlife Home Loans statistics, which is representative of 25% of all residential mortgage bonds being registered at the Deeds Office, first time buying activity suggest a renewed confidence in the economy The average price paid by first-time homebuyers rose by 5.8% to R739,000 in

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What’s more pressing than the #feesmustfall debate? The question of accommodating the 185,000 annual tertiary institution graduates in the job market. Consider that the economy is showing no job growth and retrenches some 10,500 workers a year, and the point hits home, and hard. This

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