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Technology and research data forcing real estate innovation

Nov 19, 2019 8:56:29 PM Share this:

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. 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 5:19:45 PM Share this:

Global 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 International, Steve Caradoc-Davies

Harcourts International appoints South African to lead global real estate organisation

Oct 1, 2019 10:52:44 PM Share this:

Somerset 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 8:21:07 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.


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Topics: Harcourts South Africa, Property Markets, buying and selling, Harcourts Real Estate, Harcourts Winelands

Is WhatsApp changing real estate?

Jul 31, 2019 9:35:16 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

Interest rate cut: The break SA consumers need

Jul 22, 2019 5:37:54 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

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.

So what’s so special about co-working?

“Co-working spaces attract diverse groups of people such as entrepreneurs, remote workers, independent professionals and people from large companies who work together in a communal setting,” says Linda Trim, Director at FutureSpace, a high-end workspace joint venture between Investec Property and workplace specialists Giant Leap with two offices in Sandton


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Topics: Harcourts South Africa, diversity, Co-Workers

President's SONA inspires but lacks detail

Jul 12, 2019 11:27:46 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 design a lawn-free landscape

Jun 24, 2019 8:00:00 AM Share this:

With climate change affecting weather around the world, many homeowners are replacing turf with low-maintenance landscape ideas.


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Topics: Harcourts South Africa, DIY, Landscaping

Get your garden ready for winter and spring

Jun 17, 2019 8:00:00 AM Share this:

Around the country the cooler mornings and evenings herald the beginning of autumn, and an indication that it's time for some maintenance in the garden to prepare for winter.


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Topics: Harcourts South Africa, Gardening, Winter, Spring