Buy-to-let activity is on the rise once more as investors start to explore a whole new tenant demographic, says Berry Everitt, CEO of the Chas Everitt International property group. He notes that according to FNB senior economist Siphamandla Mkhwanazi, buy-to-let property purchases accounted for 11% of all home purchases in the first quarter of this year, up from 10% in the same period of 2021, despite...
The latest Africa Wealth Report for 2022 was recently published by New World Wealth and it reveals that much of the wealth still resides in the cities, particularly Johannesburg and Cape Town....
The global economy has been hit hard in recent months. Rising fuel prices, interest rates, and inflation levels have put a strain on households across the globe. South Africa will undoubtedly feel the effects, but experts feel confident that the local housing market will remain resilient against this challenging backdrop....
When it comes to home trends, most of the focus is on interior aspects like layout, colour schemes, kitchen design, and the latest décor however, considering that kerb appeal is where first impressions are formed, the exterior is perhaps even more important in the grand scheme of things....
Investing in real estate remains one of the best ways to accumulate wealth, both in terms of appreciation in market value as well as generating a reliable monthly cash flow....
The Monetary Policy Committee (MPC) is set to meet again later this month and all signs point to yet another interest rate hike, with some even predicting a bump of 75 basis points. Experts advise South Africans to prepare themselves ahead of the July meeting to avoid falling behind on debt repayments....
Over the years, South Africans have become accustomed to coping with occasional Stage 1 or 2 loadshedding, and have therefore only made minor concessions but, with Stage 4 and 6 now regular occurrences, we need to plan accordingly to minimise the stress and disruption to our lives....
While homeowners can alter the layout and overall appearance of a house, there is nothing a homeowner can do if the home is in the wrong location. Taking time to research a suburb and its general surroundings will ensure that the property is the right house now and for the foreseeable future....
Emergencies like a burst geyser or a tree falling on your home during a storm happen, and we cannot predict when it will happen, but we can ensure that we are prepared. Preparing a legacy file with all the pertinent information relating to your property and knowing who is responsible for what is vital....
From 1 July, you will be paying upwards of 15% more for your electricity, as municipal tariff increases kick in. Yet energy experts have cautioned that, without urgent intervention from the government and others, we will see load shedding intensify with Stages 6, 8, and even 10 a likelihood. Understandably, homeowners are considering alternative ways to keep the lights on....