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HOUSING MARKET BOOMS FOLLOWING LOCKDOWN

HOUSING MARKET BOOMS FOLLOWING LOCKDOWN

RE/MAX National Housing Report Q1 2021 The local property market is seeing unprecedented levels of activity ever since the country emerged from hard lockdown in June 2020. Pent up demand, record-low interest rates, and a change in lifestyle requirements seem to be driving this demand, with seemingly no end in sight. According to Lightstone Property data, a total of 54,955 bond registrations...

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TIPS FOR FIRST-TIME BUYERS: USE A BOND ORIGINATOR

TIPS FOR FIRST-TIME BUYERS: USE A BOND ORIGINATOR

The process of applying for a home loan can be overwhelming, especially for first-time homebuyers. Luckily, there is a free service that can help you find the best deal on your home loan – only trouble is that not many first-time buyers know about it. For those who are venturing on their first big property investment, here’s how using a bond originator can help you… Services...

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5 WAYS TO OVERCOME FIRST-TIME BUYER JITTERS

5 WAYS TO OVERCOME FIRST-TIME BUYER JITTERS

Purchasing your first home is a big milestone. It’s not uncommon to experience anxiety after signing the OTP and realizing that you’ve now locked yourself into millions of Rands in debt. As one of the biggest purchases you can ever make, it’s entirely normal to experience this form of buyer’s regret. To help you overcome your anxieties, below are a few easy ways to refocus...

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FINDING AFFORDABLE HOMES NEAR HERMANUS

FINDING AFFORDABLE HOMES NEAR HERMANUS

The popular seaside town of Hermanus is well known to investors and tourists alike. While homes in this area offer fantastic investment value, there are some good deals to be had for those who are willing to extend their search parameters to the often lesser-known surrounding suburbs. 1) Fisherhaven One such suburb lies just fifteen minutes from Hermanus. Neighbouring Benguela Cove, Fisherhave...

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FINDING A HOME FOR R1.5 MILLION IN THE WESTERN CAPE

FINDING A HOME FOR R1.5 MILLION IN THE WESTERN CAPE

Selecting a location that suits a buyers’ needs is a crucial component of the house hunting journey. Considering that desirable locations come at a cost, buyers will need to decide whether the location of the home will trump other factors, such as the size of the home and the features it offers.   When considering where to purchase, Regional Director and CEO of RE/MAX of Souther...

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BUYERS FLOCK TO MAURITIUS DURING THE PANDEMIC

BUYERS FLOCK TO MAURITIUS DURING THE PANDEMIC

In contrast to the unsettling pandemic figures seen around the world, the tropical island paradise of Mauritius has managed to keep a firm grasp on the spread through an initial lockdown and thorough contact tracing, followed by a stringent two-week quarantine imposed on any visitors to the island. Residents willing to accept the terms of entry are free to carry on with their daily...

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PREDICTABLE OUTCOME AS INTEREST RATES HOLD STEADY

PREDICTABLE OUTCOME AS INTEREST RATES HOLD STEADY

The Monetary Policy Committee (MPC) has again announced that interest rates will remain stable, keeping the repo rate at 3.5% and the prime lending rate at 7%. Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that this was a predictable outcome and, unless things take an unexcepted turn, he predicts that interest rates are likely to remain steady for the remainder of th...

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RE/MAX BY THE NUMBERS 2020

RE/MAX BY THE NUMBERS 2020

Twelve months ago, the real estate industry braced itself for the worst as the country was thrown into a hard lockdown. For months, the deeds offices were shut down and real estate was not classified to operate until Alert Level 3. In face of these hardships, RE/MAX SA saw a phenomenal recovery as soon as restrictions eased and allowed real estate to return to business as somewhat unusual, as the...

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TIPS FOR AN EFFORTLESS MOVE INTO AN UPSTAIRS APARTMENT

TIPS FOR AN EFFORTLESS MOVE INTO AN UPSTAIRS APARTMENT

Threading a needle, stuffing an inflatable mattress back into its bag, and moving into an upstairs apartment all belong to the same frustrating category of things we would rather avoid doing. To help make this process as effortless as possible, below are a few tips on how to move into an upstairs apartment. Measure your new apartment To avoid an awkward tango between your three-seater sofa an...

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WHY YOU SHOULD WORK WITH RE/MAX

WHY YOU SHOULD WORK WITH RE/MAX

There are several reasons why clients and the top agents in the industry decide to work with the RE/MAX brand. Here are just a few reasons why you should work with RE/MAX… The credibility of RE/MAX The influence of a brand cannot be bought or borrowed. It is earned over time. At RE/MAX, you benefit from over four decades of brand reputation built on leadership, innovation and integrity...

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TRAVEL RESTRICTIONS AFFECT INTERNATIONAL HOME SALES

TRAVEL RESTRICTIONS AFFECT INTERNATIONAL HOME SALES

Foreign investment into the South African real estate sector has been impacted by the international travel restrictions implemented in the response to the pandemic. Agents from the RE/MAX Living franchise in Cape Town share their stories on how the travel ban has affected their ability to successfully conclude international transactions. According to Broker/Manager of RE/MAX Living, Susan Watts...

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SUPPORT LOCAL STORES TO INCREASE PROPERTY VALUES

SUPPORT LOCAL STORES TO INCREASE PROPERTY VALUES

The current economy has been tough on many local businesses and restaurants who are struggling to keep their doors open under ongoing restrictions. Those who live nearby are encouraged to support these struggling enterprises to help maintain the overall appeal of the neighbourhood. According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, the value of properties incre...

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