With homes prices on the rise again in most popular areas of South Africa, more buyers are open to the idea of acquiring a “fixer-upper” property that will allow them to gain cheaper entry to their favourite area in return for some of their own labour or “sweat equity”.
Topics: Press Release, Residential, South Africa
The offer of a lucrative contract in another country or a promotion to a position in another town or city is usually cause for celebration – but can present problems if you have to move in a hurry.
“If you’re a homeowner, for example, you will need to decide whether to sell and be ‘free’, or whether to become a landlord and bank on having a home to come back to in a year or two that may also have appreciated in value,” says Richard Gray, CEO of Harcourts Real Estate.
Topics: Press Release, Property Management, Residential, South Africa
Some people like moving house as it gives them the feeling of having a “fresh start” every few years. But for most of us, moving is a stressful experience we prefer to put off as long as possible.
Topics: Press Release, Residential, South Africa
The average age of first-time homebuyers in SA has risen from 28 to 36 in the past 10 years, and one of the main reasons is that many young executives and professionals are now choosing to delay their first property purchase until they can buy a “home for life”.
Topics: Press Release, Residential, South Africa
If you’re thinking of moving to a smaller home that is easier to manage and more secure, you might need to “downscale” more than you thought to make the move worthwhile.
Topics: Press Release, Residential, South Africa
Luxury Property Selection, the elite property brand owned and operated by Harcourts International real estate, has just listed an estate frequented by the late Princess Diana, worth R120 million (over $11.2 million USD) in the area of Upper Constantia in South Africa.
Topics: Press Release, Residential, South Africa
Lifestyle estates around the Roodeplaat Dam north of Pretoria offer a diverse choice of properties in a typical bushveld setting and a new private school is proving to be a strong draw card for family buyers.
Topics: Press Release, Residential, South Africa
Mthatha (formerly Umtata) in the old Transkei region is bursting at the seams, and urgently needs new housing development to alleviate stock shortages. The town benefits from strong spending power, explains Kim Thomson, owner of leading local estate agency Harcourts Mthatha, as about 80% of residents are government employees and the rest mostly professionals such as doctors and lawyers.
Topics: Residential, South Africa
South Africa’s residential property market is showing signs of improvement, as evidenced by increased enquiries from prospective buyers, improved show house attendance and stock shortages in a growing number of areas.
Topics: Residential, South Africa
Boksburg, described by mining commissioner Montague White in 1888 as one of the most uninviting spots he’d ever seen, is today one of Gauteng’s more attractive and sought-after cities as evidenced by its growing population: according to the results of the last Census, it has grown from 158 600 residents in 2001 to more than 445 000 in 2012.
Topics: Residential, South Africa
