The presentation on semigration – when a buyer sells a property and purchases a new one in a new province – also assessed who was moving and why.
The momentum gained over the past two years in South Africa's residential property sector has not been experienced in decades and Grant Smee, managing director of Only Realty, predicts that this uptick will continue well into 2022.
Complex management is a critical factor when buying sectional title property.
Where 2020’s property market was driven by first-time purchasers, 2021 was characterised by a return to market from existing property owners, says Tony Clarke, MD of the Rawson Property Group.
Property is a hot commodity, and rarely does an investment conversation unfold without delving into a discussion around market trends and buyer appetite, says Carol Reynolds, Pam Golding Properties area principal for Durban Coastal.
We are expecting to see marginal interest rate increases during the course of 2022, and economists are predicting that we will not see pre-Covid interest rates for several years. This leaves a favourable environment for buyers and property investors al...
Bank-assisted property sales, sales in execution and sheriffs’ auctions may seem attractive, but there are issues to be aware of, says Paul Stevens, chief executive of Just Property.
Even when they have a written lease, tenants are often uncertain about what their monthly rent actually includes, especially if they are renting a flat or townhouse in a sectional title complex.
When it comes to home buying, nothing attracts the attention of the seller quite like a deposit. Putting down a deposit when signing an offer to purchase (OTP) is seen as a show of commitment. A deposit (usually 10% of…
The recent interest rate hike, growing limited inventory for buyers, higher prices, and the continued flexibility to work remotely will see the housing market level out in 2022 from the growth experienced in the past year.
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