News Hub | RE/MAX™ of Southern Africa

PREDICTIONS FOR THE 2020 REAL ESTATE MARKET

6 January 2020

We are narrowing in on the end of a somewhat tumultuous year of elections, world cup wins and SEO bankruptcy. As we draw to a close, Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, reflects on the year we are about to leave behind and makes his predictions for the year ahead.

News & Insights

HOW TO GET THROUGH JANUARY WITHOUT GETTING INTO DEBT

According to Stats SA, there were 15,226 civil judgements for debt amounting to R312,7 million recorded in September 2019. The largest contributor to these cases was for money lent, amounting to R91,9million or 29,4% of the total debt...

BEST SCHOOLING DISTRICTS IN SA

Now is the perfect time to start searching for a new home if you’re hoping to move in time for your child to be enrolled before the start of the 2021 school year. The process of selling your home can take between three to six months.

WHY PROPERTY TRANSFERS TAKE LONGER OVER DECEMBER

If you have purchased property near the end of the year, you might have a slightly longer wait ahead before the property will be transferred into your name. As with most other businesses, the various Deed’s Offices across the country...

REASONS TO STAY IN THE LOCAL MARKET

Recent reports reveal that emigration sales are on the rise, climbing from 7.3% of property sales in 2017 to 15.7% of sales in Q3 2019. While some may well be choosing to leave, those who choose to invest in the local property market can be glad they chose to stay instead. According to Regional...