It has been yet another record-breaking year for the local real estate market, with high sales volumes being recorded for almost every month this year. Following this period of hyper-activity within the housing market, most experts predict that we will be heading into leaner times in the year to follow....
Adrian Goslett, says that going solar can lower the cost of running your home and also has the potential to increase the resale value of the property. “In South Africa, green features are becoming increasingly popular among buyers, especially as a result of the ongoing load shedding and the prevalence of droughts in our country,” he explains....
The work-from-home pandemic-induced trends have spurred a wave of home-based small businesses and cottage industries. According to the Seeff Property Group, estate agents are increasingly dealing with property buyers in search of residential properties where they can live and work from home or run a small business....
Investing in offshore real estate is a great way for South Africans to diversify their portfolios, build wealth and secure an asset that can generate income in a foreign currency. There are a range of ways to invest and different types of property will suit different types of investors. Megan Copley, looks at four popular ways for South Africans to invest in international real estate....
With interest rates still on the rise, an increasing number of homeowners are looking at making use of the equity they have in their homes to “consolidate” all their debts and pay off everything except their home loans....
The Monetary Policy Committee is set to meet again and deliver their decision on the interest rate policy on 24 November 2022. Experts predict that another hike is to be expected....
Once you have taken the big decision to sell your home, the next most critical move is to decide the asking price. And that demands serious thought and attention, says Gerhard Kotzé, because, notwithstanding the recent interest rate increases, incorrect pricing remains the biggest reason for homes remaining unsold....
With interest rates increasing by a substantial 0.75% for the second consecutive time this year, homeowners are understandably concerned about the impact this will have on their monthly bond repayments. Carl Coetzee, CEO of BetterBond, offers six ways to manage your bond when your repayments fluctuate....
Real estate has shown remarkable resilience over the years, defying the odds and major disruptions to become the world’s biggest store of wealth however, with significant shifts now transforming the property landscape, keeping abreast of emergent trends is key to reaping rewards and growing wealth....
The further increase of 75bps in the repo rate announced by the Monetary Policy Committee yesterday is disappointing for aspirant home owners requiring credit and existing home owners with mortgages, all of whom are already having to contend with the economic impact of severe load shedding, high fuel, and rising food costs, and increasing electricity and other municipal tariffs, says Dr Andrew Golding....