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STABLE INTEREST RATES LEAD TO HOUSING MARKET BOOM

STABLE INTEREST RATES LEAD TO HOUSING MARKET BOOM

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%. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, interest rates are likely to remain low as we head into 2021. “There is the possibility that there will be a slight increase of around 0.5 points...

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RE/MAX MONTH OF FESTIVE FEELS

RE/MAX MONTH OF FESTIVE FEELS

COMPETITIONS TERMS & CONDITIONS (16 Nov – 11 Dec 2020) 1.    The Promoter is RE/MAX of Southern Africa (“The Promoter”).  2.    The competition is open to all Residents of South Africa, Namibia, Angola, Botswana, Swaziland and Mauritius only, above the age of 18 years except directors, members, partners, employees or consultants of or...

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RE/MAX GIVES AWAY R1 MILLION WORTH OF PRIZES

RE/MAX GIVES AWAY R1 MILLION WORTH OF PRIZES

Over the period of 16 November to 11 December 2020, RE/MAX of Southern Africa will be giving away Takealot vouchers to the value of R1,000 – R2,000 to 700 lucky winners as part of the brand’s Festive Feels campaign that aims to help South Africans get through this festive season. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett explains that the national lockdo...

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HOW TO CHOOSE BETWEEN MULTIPLE OFFERS

HOW TO CHOOSE BETWEEN MULTIPLE OFFERS

With interest rates at an all-time low and buyer interest increasing, you might find yourself in the fortunate position of receiving multiple offers on your home. It’s important to remember that while the highest value offer is your ultimate goal, other elements will have an impact on the transaction and should be considered before you make your final decision. Below are three aspects to con...

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WHY 2020 DOES NOT COMPARE TO THE 2008 HOUSING MARKET CRASH

WHY 2020 DOES NOT COMPARE TO THE 2008 HOUSING MARKET CRASH

When the national lockdown was first announced at the end of March, the real estate industry braced themselves for another housing market crisis similar to that of the 2008 crash. Unprecedently, the market has bounced back and has shown very few similarities to that of the crash twelve years ago. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, nobody could h...

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MOVED BACK HOME DURING LOCKDOWN? YOU’RE NOT ALONE.

MOVED BACK HOME DURING LOCKDOWN? YOU’RE NOT ALONE.

Many new trends have emerged within the real estate sector as a result of the national lockdown, one of which is the increase in multi-generational living. No longer able to afford the costs of living alone, many have combined households to share the living expenses.  According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, this increase in multi-generational li...

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CENTURION OFFERS A PRIME INVESTMENT MARKET

CENTURION OFFERS A PRIME INVESTMENT MARKET

What used to be the sleepy area of Pretoria known as Centurion is today a bustling hub of activity with much working in its favour – specifically in terms of the abundance of sectional titles which is drawing new buyers and tenants to the area. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, property markets like Centurion offer great investment opport...

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FROM RETRENCHED TO REAL ESTATE ROCKSTAR

FROM RETRENCHED TO REAL ESTATE ROCKSTAR

The effects of the national lockdown have been hard felt by countless South Africans. As one of many others who have lost their jobs owing to the crisis, Keira Kinsey, a single mom who was newly retrenched, felt near hopeless about her career prospects. Yet, since joining RE/MAX Finest in July 2020, she has already secured five sole mandates, concluded a number of successful sales, and is now doub...

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RAISING SUPPORT FOR MEN’S HEALTH THIS NOVEMBER

RAISING SUPPORT FOR MEN’S HEALTH THIS NOVEMBER

In an effort to raise funds and awareness around various men’s health issues, including testicular and prostate cancer, RE/MAX of Southern Africa has challenged its network and the public to either grow their moustaches (ladies are encouraged to grow their leg hair) or donate to The RE/MAX Foundation during the course of the month.   With the threat of COVID-19 in mind, Regional...

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PROMISING PROPERTY MARKET RECOVERY POST LOCKDOWN  RE/MAX National Housing Report Q3 2020

PROMISING PROPERTY MARKET RECOVERY POST LOCKDOWN RE/MAX National Housing Report Q3 2020

Based on the figures from the Deeds Office, the property market has shown some steady signs of recovery after being brought to a complete standstill as a result of the national lockdown during the second quarter of 2020.  According to Lightstone Property data, a total of 36,835 bond registrations were recorded at the Deeds Office over the period of July to September 2020. This translates i...

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IMAGINE SPENDING LOCKDOWN IN SA’S MOST EXPENSIVE HOMES

IMAGINE SPENDING LOCKDOWN IN SA’S MOST EXPENSIVE HOMES

The first few months of lockdown was a trying period that highlighted the shortcomings of any home. Yet, for a lucky few within the luxury housing market, spending months confined within the home could be described as nothing short of a blissful experience – especially within the homes that overlook some of South Africa’s most scenic landscapes. “The South African real estate...

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EMERGING TRENDS AMONG PROPERTY BUYERS & SELLERS POST-LOCKDOWN

EMERGING TRENDS AMONG PROPERTY BUYERS & SELLERS POST-LOCKDOWN

Lockdown restrictions may have eased, but life has still been altered by the effects of COVID-19. A few months outside of Alert Level 5 and 4 have allowed real estate professionals the opportunity to spot the emerging trends among property buyers and sellers during this tumultuous time.   According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, the property...

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