It is impossible to time the property market with total accuracy but, for those who know what to look out for, there are a few key indicators that can point to a potential change in market conditions....
Property Market
With the raising of the transfer duty exemption threshold to R1.1 million with effect from the 1st March, there are plenty of reasons for first-time buyers to get into property this year, says Samuel Seeff....
“The Sheconomy is gaining momentum as women increasingly take charge of their financial independence. Although women still earn disproportionately less than men, the salary gap is narrowing, and women have more buying power than before,” says Carl Coetzee....
Apartments are among the most popular rental properties and offer excellent opportunities to build your wealth. They are often ideal for young property investors, but Samuel Seeff warns that property buyers should know that purchasing property to live in compared to property to let are two very different sides to the coin....
With the escalation of the Eskom energy crisis and concerns about the economic impact on the already higher interest rate and cost of living concerns, the question arises as to whether it is still a good time to purchase a property....
Buying or selling a home is a significant financial decision, and it is crucial to have a clear understanding of the process. Asking questions can provide reassurance and, in some cases, is essential. In this article, we explore the top five frequently asked questions about buying or selling property and provide answers to help you navigate the process better....
Smaller South African towns, known as second tier cities, have seen exponential growth over the past 3-5 years. Many have realised that not only is it possible to work remotely in outlying nodes in so many industries, but that these smaller cities also offer other phenomenal opportunities. Most notably, these include more affordable living, and better quality working environments, away from major urban...
The recently announced solar panel incentive programme by Enoch Godongwana, Minister of Finance, will allow tax-paying South Africans to claim rebates on their solar panels in the coming financial year. We take a look at what you need to know. The rebate is 25% of the cost of new and unused solar photovoltaic (PV) panels, up to a maximum of R15 000 per individual....
South Africa's National Budget has been welcomed by property experts, who say it will offer a range of benefits for homeowners and those looking to enter the market. From a residential property perspective, the announcement that the brackets of the transfer duty table will be increased by 10 percent, allowing properties below R1.1 million to avoid any transfer duty payments, is welcome news for aspirant...
Moving to a new home can be incredibly exciting, but it can also be overwhelming to adjust to all the new routines. To make the transition easier, homeowners should take the time to familiarize themselves with their new surroundings and should be intentional about turning the house into a home....