2022 set to solidify real estate returns

Jan 13, 2022 7:48:33 PM Share this:

The past two years have changed our lives forever. We see little kids not knowing what it's like to walk around in public spaces without a mask and many of us have lost family and friends during the pandemic. At times it appears the light at the end of the tunnel keeps shifting and normality fades with every step we take. The reality is, none of us knows when the COVID pandemic will come to an end, but what we do know is that every day we still have the opportunity to live and breathe. This is synonymous with how South Africans have approached their property purchasing. 


Read more

Topics: Property Markets, COVID-19, The new normal, Buying and Selling

Interest rate change still favours property market and economy

Nov 20, 2021 12:52:06 AM Share this:

The repo rate will increase by 25 basis points to 3.75%, South African Reserve Bank (Sarb) governor Lesetja Kganyago announced explained today, which means that the prime lending rate of commercial banks will increase to 7.25%.


Read more

Topics: Richard Gray, Harcourts South Africa, Interest Rates, Property Markets, Buying and Selling

COVID effects on the property market and South African investment positivity

Apr 9, 2021 8:58:55 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.


Read more

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

Cape Winelands property market bounces back after drought

Sep 26, 2019 10:15:11 PM Share this:

As 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.


Read more

Topics: Selling, Harcourts South Africa, Property Markets, Harcourts Real Estate, Harcourts Winelands

Why people sold property in 2019’s first quarter

May 1, 2019 12:19:50 AM Share this:

Downscaling, whether for financial reasons or due to life stage, is still why most people sell their homes and they will sell if ‘priced right’ as it is still very much a buyer’s market – but emigration and dual living are also trends to watch in 2019.

The first quarter of 2019 has just ended and according to FNB economist Siphamandla Mkhwanazi the latest FNB Estate Agents Survey picked up on a few trends in the South African property market.


Read more

Topics: Selling, Richard Gray, Harcourts South Africa, Property Markets, South African Elections 2019

Positioning Your Property in the Market

Dec 17, 2018 11:00:00 AM Share this:

When your property first enters the market as a new listing, this is the time it will receive the most interest and enquiry. We call this your premium price opportunity. At Harcourts we believe it is all in the preparation. We can advise you on possible improvements that could increase the value of your property and will have completed through research to help you establish an expectation of price. We will make sure we have prepared every detail of our marketing strategy ready to launch your property to the market at its best during this critical time.


Read more

Topics: Property Markets, Real Estate Agents, Buyers and Sellers, Harcourts Real Estate

Advice for Young Property Investors

Dec 3, 2018 11:00:00 AM Share this:

Getting a foot onto the property ladder is certainly no easy feat, and it’s easy to see why many young people simply give up their dreams of home ownership. But the fact is, the rewards of property investment ultimately outweigh the effort. To help you get started in your property investment journey, here is our advice for young property investors.


Read more

Topics: Advice, Property Markets, Investing in Property, Financial Advice

Affordable property markets remain stable

Oct 17, 2018 2:18:56 AM Share this:

South Africans are certainly facing tough economic times and with petrol set to skyrocket by R1.01 a litre and diesel by R1.24 in October, no relief for the short term seems to be on the horizon. Real estate has felt the knock-on effects of many of these economic cycles and certain markets have been adversely affected, however one part of the sector seems to have shown far more stability, and that is affordable property.


Read more

Topics: Richard Gray, Property Markets, South African Markets, Harcourts Real Estate

Adjust to new market realities of a recession and keep going says property experts

Sep 11, 2018 7:41:19 PM Share this:

South Africa has slipped once more into a technical recession and 2018 looks set to be the third year in a row for real house price decline, yet the property market is far from dead assures property experts. What is important is to adjust to the new market realities as they are here to stay for a while.


Read more

Topics: Property Markets, Market Value, Harcourts Growth, South African Markets

Home loan approvals hit best levels in a decade in SA

Jun 5, 2018 12:43:41 AM Share this:

Banks are showing an increased appetite to lend according to first quarter (Q1 2018) property statistics recently released by home loan originator Ooba.

“In Q1 2018 we recorded the highest home loan approval rate in the over ten years since the National Credit Act was implemented,” said Rhys Dyer, CEO of Ooba. The group’s total Approval Rate of 76.9% showed an increase of 4.9% over the Q1 2017 approval rate.


Read more

Topics: Richard Gray, Property Markets, South African Homeloans