Analysing property trends in South Africa based on recent barometers and research documents, there are varied reasons and opinions explaining why certain markets are under pressure and others are thriving.
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Technology, research data forcing real estate innovation
Nov 29, 2019 10:31:47 PMRead more
Topics: Technology, Richard Gray, Harcourts South Africa
Pricing your home to sell
Nov 25, 2019 11:00:00 AMWith fair market value a priority for today’s consumers, for homeowners wishing to sell or rent out their properties, it is critical that the home is pitched at an accurate, market-related price that will enable it to compete with other comparable properties for sale or rent in the area.
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Topics: Selling, Harcourts South Africa, Property Valuation, House prices
Technology and research data forcing real estate innovation
Nov 19, 2019 11:54:11 PMAnalysing property trends in South Africa based on recent barometers and research documents there are varied reasons and opinions explaining why certain markets are under pressure and others are thriving. For instance according to the FNB Affordable Housing Insight for the third quarter released in October affordable South African residential properties priced between R250,000 and R500,000 are experiencing a strong third quarter, with some properties sold at 5% above asking price. Whilst 95% of properties in the higher end of the market sell below-asking price, at approximately 10% discount.
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Topics: Technology, Richard Gray, Harcourts South Africa, Harcourts Real Estate
South African heads up global estate agency
Oct 14, 2019 8:15:07 PMGlobal real estate franchise group, Harcourts International, has South African Steve Caradoc-Davies as new chief executive officer to lead the 132-year-old company into the next era.
On 1 October Caradoc-Davies took over leadership of the 900-office network and approximately 10,000 team members in nine countries, from Mike Green, who will take on a new focus within the business.
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Topics: Richard Gray, Harcourts South Africa, Mike Green, Harcourts Real Estate, Steve Caradoc-Davies
Harcourts International appoints South African to lead global real estate organisation
Oct 2, 2019 1:37:20 AMSomerset West, Cape Town native Steve Caradoc-Davies to lead global real estate franchise group
Global real estate franchise group, Harcourts International, today announced the appointment of Steve Caradoc-Davies as Chief Executive Officer to lead the 132-year-old company into the next era. Mr Caradoc-Davies will take over leadership of the 900-office network and approximately 10,000 team members in nine countries, from Mike Green, who takes on a new focus within the business. Both changes are effective 1 October 2019.
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Topics: Richard Gray, Harcourts South Africa, Mike Green, Harcourts International, CEO, Steve Caradoc-Davies
Cape Winelands property market bounces back after drought
Sep 26, 2019 10:15:11 PMAs the dust begins to settle after the dire Western Cape drought and the dams are nearing full, we've similarly seen the property market in regions such as Paarl, Stellenbosch and Franschhoek gain ground. It was undoubtedly a tough period the past 18 months with many investors hesitant to invest in the Western Cape market due to water restrictions, tough economic landscape and the political issues surrounding land.
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Topics: Selling, Harcourts South Africa, Property Markets, Harcourts Real Estate, Harcourts Winelands
Is WhatsApp changing real estate?
Jul 31, 2019 11:32:11 PMAs 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 10:00:00 AM2018 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 7:34:14 PMHarcourts 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
Why people thrive in co-working spaces
Jul 15, 2019 10:00:00 AMStudies 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