Spring has sprung the luxury market into season

Sep 8, 2021 6:09:46 PM Share this:

Traditionally Franschhoek has been a property market that has primarily seen buyers emanate from beyond local shores. European buyers have for many years made up the bulk of the Franschhoek property market. However, as COVID restricted international travel this has had an undoubted effect on the market in the region. Surprisingly, in recent times, we are seeing far more South African buyers with an appetite for luxury properties come to the proverbial table.


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Topics: Harcourts South Africa, Spring selling season, Harcourts Real Estate, Harcourts Winelands, COVID-19, Franschoek

Selling in Spring?

Aug 13, 2021 5:34:20 PM Share this:

Spring not only exemplifies the concept of - new, it also is a great time to sell your home.  Are you a homeowner who is thinking about selling your home in the next couple of months? Well, Spring offers many sellers a unique market opportunity as the season's change, especially into a warmer climate, signalling the start of increased buyer activity.


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Topics: Selling, Buying, Richard Gray, Harcourts South Africa, Real Estate Agents, Spring selling season

Val de Vie is named in the 2021 top 10 lifestyle estates in the world

Apr 20, 2021 12:02:00 AM Share this:

Val de Vie Estate, the luxurious lifestyle estate nestled by the majestic mountains just outside of Paarl in the Western Cape, has raked in another award. New World Wealth (NWW) shared its top 10 lifestyle estate picks for 2021, and Val de Vie was named in the Top 10, sharing the spoils with world-renowned estates across the globe.


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Topics: Richard Gray, Harcourts South Africa, Maureen Nel, Val de Vie

Table View property market to benefit from the latest developments

Apr 13, 2021 10:42:40 PM Share this:

Analysing trends in Cape Town's property market over the last year and the perpetual increase in demand for high return on investment opportunities, given the low-interest rate and macroeconomic conditions, the latest development in Cape Town's booming suburb of Table View, aptly named "Cornerstone on Arum" is set to continue this trend. 


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Topics: Selling, Harcourts South Africa, Property Investment, Harcourts Atlantic

COVID effects on the property market and South African investment positivity

Apr 9, 2021 6:58:55 PM Share this:

It is difficult to address the effects of the COVID-19 pandemic on the economy when so many people experienced personal loss and trauma during this time. But then you think about it for a minute and consider the impact the virus has had on our livelihoods and business operations as well, and then only does the entire picture come into view.  With that being said, why then has the real estate market not only been able to stay buoyant but, in contradiction to earlier predictions, show immense activity and growth during the past year.


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Topics: Selling, Richard Gray, Harcourts South Africa, Property Markets, Property and Investments, COVID-19

COVID effects on the property market and South African investment positivity

Mar 11, 2021 7:34:06 PM Share this:

It is difficult to address the effects of the COVID-19 pandemic on the economy when so many people experienced personal loss and trauma during this time. But then you think about it for a minute and consider the impact the virus has had on our livelihoods and business operations as well, and then only does the entire picture come into view.  With that being said, why then has the real estate market not only been able to stay buoyant but, in contradiction to earlier predictions, show immense activity and growth during the past year.


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Topics: Selling, Richard Gray, Harcourts South Africa, Interest Rates, COVID-19

Ballito continues to showcase impressive growth in the property market

Feb 4, 2021 8:45:18 PM Share this:

Once known as a quiet seaside town, Ballito has become a hustling and bustling coastal location that has somehow managed to retain its community-orientated feel.


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Topics: Selling, Richard Gray, Harcourts South Africa, Rental Market, JP Pienaar, Harcourts Dolphin Coast

Can we determine true market value?

Nov 5, 2020 9:14:26 PM Share this:

Determining the true value of a property is one of the most crucial components of any transaction in the real estate industry. The entire valuation process comprises of various factors which ultimately lead to an accurate property valuation.

Is the true value of a property subjective?
Valuing real estate is a very particular process, due to the fact that each property possesses unique features, which are specific to that property; including location, erf size, floor plan and layout, as well as additional amenities. In addition, local knowledge and understanding of the market by the estate agent responsible for the valuation is paramount. An agent with an acute insight into their local market more accurately assess market value than that of an agent who does not understand the trends related to that region.

Unlike most commodities that are used quickly, the advantages of property are typically recognised over a certain amount of time. This also means that determining a property’s fair market value should take into account both economic and social trends, as well as legislative regulations and environmental factors which may affect the overall valuation; while general industry principles such as supply and demand will undoubtedly influence an individual property's value from a holistic perspective.

Although the valuation process is clinical by nature, homeowners will naturally have attached sentiments to their current property. A good real estate agent will also be able to keep this in mind to ensure that the final valuation is worth the homeowner’s while from a personal perspective.

In essence, a home is worth whatever a buyer is willing to pay and a seller is willing to accept. However, an experienced real estate specialist who works with both buyers and sellers in the current real estate market is not only able to access accurate data but also see two sides of the same coin. As a result, this insight allows them to decide best how to assess the true value of a property.

Connect with us on social media to share your thoughts on determining true market value.


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Topics: Selling, Harcourts South Africa, Real Estate Agents, Market Value

Real Estate, a major industry offering constant working opportunities

Sep 25, 2020 7:31:03 PM Share this:

Real estate is a major industry and an everlasting commodity, offering vast sales opportunities. While change is a constant occurrence in the property market, and 2020 has brought its fair share, the industry itself will always remain relevant. For people considering a career in real estate, the future of the realm as a whole provides real promise. The sector continues to guarantee a ‘hereafter’, despite challenges due to the pandemic.


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Topics: Careers, Richard Gray, Harcourts South Africa, harcourts careers, Real Estate Agents

Port Elizabeth - investment opportunity due to pandemic-induced market

Sep 21, 2020 7:43:15 PM Share this:

Real estate in the Port Elizabeth region is a burgeoning market in unprecedented times. As a whole, the property industry has experienced many unforeseen changes due to the global COVID-19 pandemic, including a record-low interest rate. By far the most surprising development has been the dramatic switch to a seller’s market. With many people seeking refuge in quieter cities, as well as a growing desire for simpler lifestyles, investing in the PE property market could provide an ideal solution. 


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Topics: Richard Gray, Harcourts South Africa, Property Investment, COVID-19, Port Elizabeth, Harcourts Beachfront, Nikki Strooh