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WHAT THE PROPERTY MARKET HOPES TO HEAR IN THE NATIONAL BUDGET SPEECH

Finance Minister Tito Mboweni will make his debut National Budget speech in Parliament today. According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, the National Budget speech has a profound impact on the property market as it sets the scene for what can be expected for our economy in the year ahead. “Considering how closely linked the property market is to t

HOW TO AFFORD A HOME LOAN ON A SINGLE INCOME

Being on the market is never easy. But, if you stay focused, you won’t be on the market for long – well, at least not when it comes to property. Many believe that owning property on a single income just is not possible. But, the over 40,000 single females and over 35,000 single males who have already purchased property across South Africa in 2018 will beg to differ. While it might b

HOW TO BREAK UP WITH A LAZY ESTATE AGENT

After the initial months of being flattered with high prices and wooed over with glistening listing brochures, the honeymoon phase with your real estate agent soon comes to its inevitable end. Eventually, you can’t help but consider other options … FALLING FOR THE WRONG AGENT All too often sellers make the mistake of choosing an estate agent based purely upon price, asking quest

RE/MAX NATIONAL HOUSING REPORT Q4 2018

A Stable & Steady Quarter Ending the year with roughly as many positive outlooks as there were negative, it is unsurprising that the fourth and final quarter of 2018 would yield slow but steady results. However, without any curve ball spikes in numbers, and with most figures revealing shoots of minor growth, the fourth quarter could easily be described as good news to the risk averse invest

ARE YOU CUT OUT FOR A CAREER IN REAL ESTATE?

A career in real estate can potentially be one of the most lucrative professions a person can pursue. But, not many real estate groups set up stalls at career days, nor is the profession advocated for by many teachers and parents. Most agents enter the profession purely by chance – and this ‘chance’ usually takes the form of an encounter with an old acquaintance who happens to be

WHEN SHOULD I EXPECT MY ADULT CHILD TO MOVE OUT?

Approximately one in two 18-34 year-olds live at home with parents. As a parent, that means you have a 50/50 chance that your teenager is going to end up living with you for much longer than you might have expected ... THE REASON BEHIND THE DELAY The discrepancy between entry-level salaries and the rising cost of living is one of the largest contributing factors for this delay in leaving the n

STIMULATE THE ECONOMY THROUGH TAX BREAKS FOR FIRST-TIME BUYERS

The state of the South African economy has been on a downward spiral that has culminated in a technical recession announced in September this year. While the South African government has no control over global market conditions, it does have the power to promote economic growth by implementing strategies to stimulate investor confidence and consumer spending in their own country.   

3 BUDGET-FRIENDLY WAYS TO ENTERTAIN FROM HOME

Out of the 261 working days this year, most of us are eagerly anticipating those few December leave days that we’ve worked so hard for. Unfortunately, many of us forget to think ahead and ensure that money has been set aside to allow us to make the most of the holiday season. If you happen to find yourself in this same hopelessly undersupplied boat sailing towards holiday bankruptcy, here ar

SHOULD I TRAVEL NOW OR PUT DOWN ROOTS FIRST?

Advances in travel technology have made it that much easier to quench human nature’s insatiable thirst to explore. And, South Africans are taking full advantage of this fact. According to Stats SA’s Tourism and Migration Report of November 2017, the total number of South African residents who left and returned to the country is on the increase. For South African residents, the volume o

HOW TO FOLLOW UP ON LATE PAYMENTS

You’ve screened the tenant thoroughly and their credit check returned a glowing review. You even built a clause into the rental agreement that stipulated that any late payments would accrue interest payable on the following month’s rent. And yet, your tenant is still late on his/her payments. What is a landlord to do about this? The reality is that every landlord will likely have to

PROPERTY ADVICE FOR NEWLYWEDS

The notion that newly-wed couples will move from their childhood home into their first home together is as outdated as dial-up-internet. According to the 2015 Stats SA report, the average marriage age for men is 34-years-old and 30-years-old for women. Chances are high that both individuals in the couple will be living in their own place long before the question gets popped. The next question newl

RE/MAX NATIONAL HOUSING REPORT Q3 2018

A Quarter of Contradictions Considering the announcement of a technical recession and ever-rising fuel costs pinching consumers even further, there can be no doubt that last quarter has been a tumultuous one. It is unsurprising, then, that the property market would yield some interesting contradictions during this period. “The third quarter of 2018 has produced some interesting trends

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WHAT THE PROPERTY MARKET HOPES TO HEAR IN THE NATIONAL BUDGET SPEECH