“There’s a mistaken belief amongst residential property sellers that certain estate agencies possess a ‘database of ready buyers’ that differs significantly to that of their competitors,” says Matthew Alberts, Sales Manager of Alexo Property Brokers. “This belief is often perpetuated by specific agencies who make this claim as an integral part of their marketing efforts and, […]
The real culprits behind soaring house prices and weakening home buyer sentiment may well be a number of real estate agencies and industry representatives whose support of unrealistic pricing and assertive promotion of house price inflation is damaging seller confidence…
Cape Town – Consumer Price Index rental figures continue to show the residential rental option is broadly becoming more attractive compared to the relatively expensive home buying option, John Loos, household and property sector strategist at FNB Home Loans, said on Tuesday.
Cape Town – The level of new mortgage lending is likely to decline in the near term, according to John Loos, household and property sector strategist at FNB home loans. 23 March 2016
Cape Town – Ooba said on Tuesday that its property statistics for February indicate the emergence of slower year-on-year house price growth trends. The average purchase price is up by 4.3% to R1.05m, while the average purchase price of first-time buyers increased by 4.6% to R801 144. “At 4.3%, growth in property prices is currently […]
Searching the internet has become the norm for tenants looking for homes to rent, with classifieds websites recording huge traffic increases in this category over the past few years. Here are 8 tips to help avoid the pitfalls.
Concerns surrounding the communication and relationship between the public and private sector are diminishing as both parties are becoming more actively involved with one another, engaging in meaningful dialogue and working together on improving business and infrastructure in South Africa.
According to the latest statistics from BetterBond Home Loans, home buyers in South Africa now need to earn a gross monthly income of around R30 000 to buy an average home costing some R952 000.