The current average time it takes to sell a home is just over 14 weeks, nationally. In Gauteng areas such as Johannesburg and Ekurhuleni homes are selling at around 12 to 15 weeks on the market, and 11 weeks for Pretoria.
In Cape Town it takes
Tenants battling to pay their rent and save for a deposit for their new home can now use their rent to buy their new home.
Uniquely, this product is available for all approved properties in Cape Town and now also in Gauteng, priced from R400,000 to
Holiday letting in apartment blocks is not permitted in Cape Town in terms of the city’s Municipal Planning By-law (MPBL) together with its policies and frameworks, says Councillor Brett Herron, Mayoral Committee Member: Transport and Urban Development.
Responding to questions from HomeTimes regarding the growing proliferation
Residential property educator, HomeTimes, launched its own unique and innovative property portal called HomeHunt recently.
It is run on the search capability of Google Maps’ engine meaning that users can search for homes to buy or rent near to schools, malls, hospitals, or any place of
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
Three Pretoria East suburbs have emerged as millennial drawcards over the past few years. They include Hazelwood, Constantia Park and Equestria.
Hazelwood enjoys trendy street café culture, according to Corli van Heerden, a Seeff agent for the area, and is fast becoming one of the hippest
The Western Cape is better at attracting the older repeat buyer skilled population while Gauteng is a better draw card for younger skills who become first-time home buyers.
This is the highly plausible assumption made by John Loos, FNB’s household sector strategist, using provincial outmigration and
The rains that Johannesburg so desperately needed arrived in a great deluge on Wednesday (9 November, 2016) causing flash flooding which resulted in deaths and large-scale damage to property.
Bearing the brunt of this disaster was the informal settlement of Setswetla in Alexandra. The settlement is
South Africa’s baby boomers generation comprised 13.2% (7,1m) of the country’s 54 million people in 2015 – two-thirds higher than the global number where 8.5% of the world population is older than 65 years.
This is according to a US government-commissioned report, An Aging World: 2015,
Continual reports of stock shortages by estate agents have prompted the question of why this is the case. According to Lew Geffen, chairman of Lew Geffen Sotheby’s International Realty, the shortages are across the board. He attributes them to the economy playing catch-up to the recession