Apparently, this is a return to normal. It used to be worse. Close to half of SA’s landlords say they are considering selling their investment portfolios. Some 18.4% of residential tenants in SA are in arrears on their rent, a figure that is somewhat improved from the nearly 25% recorded at the height of the […]
Category: Residential
Repo rate ‘cut of 1%-2% needed to revive property market
‘All the people we speak to do believe that in 2024 we’re likely to see rate cuts of ideally somewhere between 50 basis points and 150bps. So I do think there will definitely be some respite next year as inflation reaches that mid peak,’ says Rhys Dyer, CEO of ooba Home Loans. JEREMY MAGGS: A warm […]
Solar panels are not an instant magnet in housing market, warns FNB report
Installing solar panels on your home’s rooftop is not an instant ray of light for buyers if you want to sell. It all depends on the price segment your home falls in. Wealthier buyers, for example, have the resources to do their own thing. These are among the key takeaways of a special report that […]
Comparative market analysis in real estate | How to sell when interest rates are high
Selling a property in a competitive market can be a daunting task and, in order to realise the best possible price in the shortest possible time, it’s imperative that the seller understands the property’s true market value, and this is where Comparative Market Analysis (CMA) can be a powerful tool. So says Yael Geffen, CEO […]
Registered property valuers are crucial, particularly amidst unsustainable municipal rates increases
Commercial and industrial property owners across the country are bearing the brunt of unsustainable rates increases, which in turn, is negatively impacting South Africa’s economic growth, says Mark Govender who is based in Cape Town, and a member of Swindon Property’s national team of certified valuers. Govender says: “Increases in municipal property valuations and rates have resulted in substantial tariffs being levied […]