Can’t get a home loan? You can Rent2buy

Aug 5, 2019 8:00:00 AM Share this:

When selling your property, one of the biggest hurdles is to find a buyer with an approved home loan. The same applies for a buyer - finding a bank that is willing to provide a mortgage loan.

De Waal says property buyers in Johannesburg and Cape Town can now search for any home priced from R400 000 to R1.8 million in any one of the two cities, contact Rent2buy, and move into their soon-to-be home within six to eight weeks.

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Topics: Buyers and Sellers, Harcourts Real Estate, Rent to Buy

Is WhatsApp changing real estate?

Jul 31, 2019 9:32:11 PM Share this:

As new technologies and improved systems are perpetually introduced into our modern business environments, innovations in client communication is undoubtedly at the forefront of this rapid evolution. The real estate industry has experienced a flurry of new concepts and advancements in the past year especially with regards to agents having to incorporate real time communication tools into their daily practices.


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Topics: Technology, Richard Gray, Harcourts South Africa, Real Estate

2019 is the year for first time home buyers

Jul 30, 2019 8:00:00 AM Share this:

2018 was a challenging year for the South African property market, but so far 2019 is looking more positive.

Rhys Dyer, CEO of ooba, says: "Property market activity and resultant price growth continue to be hampered by political uncertainty and economic constraints. Uncertainty around impending land reforms as well as an increase in the prime lending rate to 10.25% in November probably contributed to the slowing property growth in the last quarter of 2018."


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Topics: Harcourts South Africa, Real Estate Agents, Ooba, First time homeowner

Interest rate cut: The break SA consumers need

Jul 22, 2019 5:34:14 PM Share this:

Harcourts South Africa welcomes the announcement by the South African Reserve Bank that interest rates will be cut by 25 basis points. This is the first easing in policy in over a year and in a time when many South Africans are feeling the pressure this comes as welcomed relief. Especially considering that many economists are predicting another cut later in the year.


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Topics: Richard Gray, Harcourts South Africa, Interest Rates, South African Markets

Single women are now the biggest group of property buyers in South Africa – larger than couples and single men

Jul 22, 2019 8:00:00 AM Share this:
  • Almost 72,000 single women bought residential properties in South Africa last year, according to the research group Lightstone.
  • This makes them the largest single group of property buyers in South Africa - bigger than married couples or single men.
  • However, single women are still buying cheaper homes compared to the other groups.

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Topics: Real Estate Agents, South African Markets, Harcourts Real Estate, Property Statistics in South Africa

Rental market gains momentum as financial pressure property sales increase

Jul 19, 2019 6:57:52 PM Share this:

According to the latest FNB Property Barometer Survey data shows that “Downscaling because of life stage” dominates as the most prominent reason for selling a property in SA, with such sales accounting for 23% of all sales in 2Q19, the same as in 1Q19.  However, what is most concerning is that “Downscaling due to financial pressure” has become increasingly prominent in the past year; the estimated proportion of such sales jumped to 19% in 2Q19 from 16% in 1Q19.


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Topics: Richard Gray, buying and selling, financial review, Harcourts Real Estate

Why people thrive in co-working spaces

Jul 15, 2019 8:00:00 AM Share this:

Studies show that people who work in co-working spaces are on balance more satisfied, better performers and find more meaning in their work than those working in traditional offices.

 
Unlike a traditional office, co-working spaces consist of members who work for a range of different companies, ventures, and projects.

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Topics: Harcourts South Africa, diversity, Co-Workers

President's SONA inspires but lacks detail

Jul 12, 2019 11:22:15 PM Share this:

President Ramaphosa delivered his State of the Nation address in Parliament yesterday and outlined seven priorities and five goals whilst acknowledging that due to financial constraints government would not be able to deliver “everything at one time”. In the real estate sector, the economy has played a major role in activity and commitment and we're excited that the President is prioritising economic growth and hope for strategic and continued implementation.


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Topics: Richard Gray, Harcourts South Africa, Real Estate, SONA Speech

How to be a landlord tenants love with these 5 tips

Jul 8, 2019 8:00:00 AM Share this:

Renting is the smart financial choice for many consumers, but a ‘difficult’ landlord can easily make it feel like the wrong choice, and cause tenants to leave as soon as they possibly can.


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Topics: Renting, Landlords, Harcourts Real Estate, Advice for Landlords

Green your world: Grow veggies in recycled containers

Jul 1, 2019 8:00:00 AM Share this:

If you’re keen on being ‘green’ and healthy this year, now might be a great time to plant up a veggie garden and start growing your own salad, soup and stew ingredients.

You really don’t need a lot of space to plant and grow your vegetables.

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Topics: DIY, Gardening, Recycling