Economists are painting a bleak picture for the immediate future of the South African economy. Multiple interest rate increases, a drastically weakening Rand, escalating food prices exacerbated by drought, and a climbing inflation rate all indicate tough times ahead for the consumer. Given this, just where would you invest your hard-earned funds for the next… Read More Where to Invest in a Volatile Economy?
It’s hard to believe another year is almost behind us. In real estate terms, it’s been a good year with solid performance in the local property market. One of the key trends in 2015 has been the shortage of listings in the price range up to R 3 million. It’s in this market segment where… Read More The Local Property Market in 2015
Perhaps it’s no surprise, but 2015 has kicked off with significant demand from buyers further North. It would appear the attraction of life in the Western Cape, and specifically the Helderberg area, is stronger now than ever before. At Harcourts Platinum approximately 1 in 4 buyers currently hail from up-country, and the demand has certainly… Read More Increasing Demand From Up-Country Buyers
The love affair that buyers have with the Helderberg area is far from over. Since the 1990’s buyers from further North have been relocating to the Western Cape, and especially to the Helderberg. Reports show that this trend continues, and in some market sectors is even strengthening. There has been a noticeable increase in the… Read More Helderberg Still In Demand from Upcountry Buyers
What do you think of when you think of an estate agent…? While some agents may give the industry a bad name, the majority of estate agents are great people who try their best to deliver a great service, often in very difficult circumstances. Before you judge estate agents, take time to get to know… Read More Show Your Agent a Little Love
We’ve previously reported that this year has seen a significant drop in the numbers of properties listed for sale in the mid-to-lower price ranges – not just in the Helderberg area, but across most markets in South Africa. This is generally good news for property owners in this price range as it means that buyers… Read More Shortage of Property Listings Challenges Agents’ Ethics
It’s by far the most pressing question for property sellers: What is my property worth? Before listing, a seller will call in a few estate agents to get their opinion on market value. Sadly many agents will wander through the property, ask the seller what they would like to achieve, and then agree to the… Read More Who Determines Market Value?
For a while now buyers have been expressing their frustration at the fact that the national property portals and websites are cluttered with listings that are not for sale. With decreasing stock levels the problem has worsened. Estate agents usually advertise property for sale on the Internet by uploading listings to their own company website,… Read More Buyers Frustrated at Website Clutter
Overseas buyers love South Africa, and in particular the Western Cape. Many come here on holiday, only to end up purchasing a property in South Africa for the lifestyle. If you live in Europe this is an attractive proposition. The time zones are very similar, so you don’t have to deal with jet-lag. Flights from… Read More The Importance of Foreign Investment
Moving out of your property is hard work, not to mention stressful. There are a thousand and one arrangements to make, and things seldom go according to plan. When you find the property you are moving into isn’t in the condition you expected it, you have a sense of humor failure. If only your seller… Read More Handing Over Your Property to Your Purchaser