Cities are a hive of capital and innovation, built for the masses, however, this, in turn, is the reason why they become the epicentres during pandemics, such as COVID-19. Since the outbreak, city dwellers have encountered a much different reality than those living in smaller communities and more rural areas.
Topics: Richard Gray, Harcourts South Africa, COVID-19, Country Living, The new normal
The COVID-19 outbreak is one of the most significant global events to occur in recent years, halting economic activity worldwide and compelling people to make substantial lifestyle changes
Topics: Richard Gray, Harcourts South Africa, COVID-19, Working from home, Smart Home
Harcourts South Africa welcomes the announcement by The South African Reserve Bank (Sarb) to cut interest rates by a further 25 basis points, creating a rare opportunity for real estate investors and buyers in general. This takes the total cut in 2020 to 300 basis points, lowering the repo rate to 3.5% and the prime lending rate to 7%. The lowest rate implemented by the Bank in almost 47 years.
Topics: Richard Gray, Harcourts South Africa, Interest Rates, Buyers and Sellers, COVID-19
Analysing current market trends during the lockdown and the effects of the COVID-19 pandemic on the real estate market there is no doubt we as the property industry have to approach our business practices in a way that is conducive to growth whilst still providing effective services to our clients during this time.
Topics: Richard Gray, Harcourts South Africa, Apple, Harcourts Real Estate, Online Marketing, COVID-19, Digital Solutions
The economy remains under pressure during this period and with the lockdown being implemented for a further two weeks certain aspects of the real estate market have certainly felt the knock-on effects. However, despite these difficulties, Stellenbosch real estate will always remain a high-value real estate investment region.
Topics: Richard Gray, Harcourts South Africa, Harcourts Winelands, COVID-19
Harcourts South Africa welcomes the surprise announcement by The South African Reserve Bank (Sarb) to cut the repo rate by a further 100 basis points, bringing it down to 4.25% and the Prime Lending Rate now stands at 7.75%. This is undoubtedly due to the effects on the economy by the COVID-19 pandemic in an attempt to alleviate some of the pressures South Africans face.
Topics: Richard Gray, Harcourts South Africa, repo rate, South African Markets, COVID-19
With property in coastal towns continually increasing in value, this remains a lucrative investment whether a client intends to live there now or later when retired. Here are good advice to offer when someone is considering whether or not to buy a home by the seaside.
Topics: Richard Gray, Real Estate Agents, Harcourts Real Estate, Investment Tips
Despite economic uncertainty and many property pundits explaining how some regions in South Africa are flat and that there is an element of buyer hesitance, Harcourts Real Estate has managed to defy these trends and continues to show positive growth across the national market.
Topics: Richard Gray, Harcourts South Africa, Harcourts Real Estate, JP Pienaar, Dolphin Coast
Rent2buy (R2B) Finance is a Plan B for a homebuyer who is almost, but not quite ready, to apply for a home loan to buy a property. If the buyers’ home loan was declined initially and but he has a reasonably good credit profile and at least 7% deposit (if buying from a private seller), 3 to 5% deposit available (if buying from a property developer) or 20% if a foreign buyer, and he lives in Bloemfontein, Gauteng or Cape Town, then he is able to start the process of applying to purchase through the Rent2buy Finance programme, says Meyer de Waal, director of MDW Inc, and co-founder of Attorney Realtor Hub.
Topics: Buying, Richard Gray, Harcourts Real Estate, Rent to Buy
South Africans can breathe a sigh of relief as Finance Minister Tito Mboweni announced during today's National Budget to support growth, National Treasury proposes not increasing value added tax, pay-as-you-earn or other personal income taxes.
Topics: Richard Gray, Harcourts South Africa, Budget speech, Tax Benefits
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