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GROWTH IN THE SOWETO PROPERTY MARKET

GROWTH IN THE SOWETO PROPERTY MARKET

The current economic outlook for South Africa is putting the luxury housing market under pressure. On the other hand, properties priced below R1.5 million account for almost 80% of all real estate transactions recorded at the National Deeds Office. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, these kinds of properties, therefore, present interesting oppor

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HOW MANY SOUTH AFRICANS ARE STAYING LOCAL

HOW MANY SOUTH AFRICANS ARE STAYING LOCAL

Emigration-driven sales have reportedly been at an all-time high, accounting for around 13% of sales across the country last year. However, many South Africans are also choosing to later return to their country of origin. Sadly, there is no official bureau that collects emigration data which means that there is no current record of these sorts of returns. The closest we can get to these insight

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BUILDING GREEN IS BECOMING INCREASINGLY AFFORDABLE

BUILDING GREEN IS BECOMING INCREASINGLY AFFORDABLE

Considering the state of the global climate, environmentally responsible behaviour has never been more important. Historically, one of the biggest obstacles to implementing greener behaviour is cost. However, when it comes to adopting green building practices within South Africa, this argument is becoming less and less persuasive... According to a report published by the Green Building Council

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HOW SONA WILL AFFECT THE PROPERTY MARKET

HOW SONA WILL AFFECT THE PROPERTY MARKET

President Cyril Ramaposha delivered his State of the Nation Address in parliament on 13 February 2020. This speech will have an impact on all sectors of the economy, including the property market. “The disruptions that suspended proceedings at SONA does not bode well for investor confidence in our nation. Despite this, President Cyril Ramaposha has made some encouraging promises and inspi

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RE/MAX National Housing Report Q4 2019 A Slower Quarter than Usual

RE/MAX National Housing Report Q4 2019 A Slower Quarter than Usual

The property market of 2019 is most accurately described as being a trying one at best, characterised by slow national house price growth and a supply that far outweighed the demand in most areas across the country. Despite this, the RE/MAX National Housing Report for Q4 2019 reveals that the fourth quarter of 2019 managed to reflect growth on the previous year’s figures, proving that smart

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4 REASONS TO USE AN AGENT WHEN SELLING YOUR HOUSE

4 REASONS TO USE AN AGENT WHEN SELLING YOUR HOUSE

In an attempt to cut down on costs, some sellers might be contemplating listing their homes without the services of a real estate professional. Although it may seem like a great way to reduce costs and avoid paying an agent’s commission, it also means that the seller will have to do all the work themselves. At first glance, selling a property privately may appear to be an easy process of

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TIPS TO CREATE A PEACEFUL HOME

TIPS TO CREATE A PEACEFUL HOME

While trivial issues of whether the toilet seat stays up or down will always exist, there are several other more important ways your home could be creating unnecessary tension in your relationships. If you’re looking to purchase a new home, you have the chance to avoid this by being careful about your purchasing decisions. Below are a few tips to help you create a peaceful home. Location,

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LOAD SHEDDING LIFE HACKS

LOAD SHEDDING LIFE HACKS

The risk of national power interruptions continues to exist. Homeowners should keep a watchful eye on Eskom’s load shedding schedule and follow the power utility’s social media feeds for any announcements so that plans can be made if a blackout has been scheduled for your area. If you happen to spot the announcement in time, here are a few ways to help you prepare for the blackout:

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HOW TO BUILD A GOOD CREDIT HISTORY

HOW TO BUILD A GOOD CREDIT HISTORY

Those who aspire to buy a property will require a favourable credit record to improve their chances of bond approval. Just as important as a positive credit score, is an established credit history that shows that you can favourably conduct your credit responsibilities. Your credit record will have a bearing on whether your bond is approved, as well as the interest rate at which the bank will finan

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TIPS TO HAVE YOUR BOND AND TRAVEL TOO

TIPS TO HAVE YOUR BOND AND TRAVEL TOO

If you’re an aspiring homeowner with wanderlust, you may fear to commit to a bond because you plan to see what the rest of the world has to offer. However, having a home loan doesn’t necessarily mean that you must live in the home year-round. Below are several options that are available if you’d like to have your bond and travel too... Make Extra Moola Short-term lett

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FUN IDEAS FOR AT-HOME DATE NIGHT ON A BUDGET

FUN IDEAS FOR AT-HOME DATE NIGHT ON A BUDGET

While sticking to your household routines may be convenient and simple, it might be slowly killing the spark between you and your partner. But, with the cost of living being as high as it is, it can be difficult to find new experiences to share that will fit your budget. Luckily, just because your budget doesn’t allow for leaving the house, it doesn’t necessarily mean you can’t s

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FOREIGN INVESTORS GUIDE TO THE SOUTH AFRICAN PROPERTY MARKET

FOREIGN INVESTORS GUIDE TO THE SOUTH AFRICAN PROPERTY MARKET

Real estate investment for foreigners is relatively uncomplicated in South Africa. Provided you are in the country legally, there are no restrictions for buying and selling property as a non-resident. If non-residents are planning on staying in the country for longer periods of time, they will need to apply for a residence permit and comply with the requirements as set out in the SA Immigration Ac

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