Trends in SA’s residential property market – Vision 2020

Trends in SA’s residential property market – Vision 2020: I0hannesburg, 24 January 2020 – On the back of a year of very slow economic growth, and with the threat in a Moody’s downgrade early this year, the outlook for South Africa’s residential property market looks flat and very slow. 2020 will start off with a property market which is oversupplied in most areas. Price growth is expected to remain flat and sellers will have to keep their asking prices market-related or risk not selling. Households are under immense financial pressure and … [Read more...]

Collaborative Consumption – an Emerging Property Trend for 2020 and Beyond

Collaborative Consumption – an Emerging Property Trend for 2020 and Beyond: “The Real Estate industry is going through significant change for the first time in my 20-year history in this business. And it is technology-driven,” Paul Stevens, CEO of Just Property, says. “I expect that more and more, players in our industry will adapt their business models to ensure that they stay relevant in times to come. And this includes the developers, who will need to meet the tech-driven demands of a new consumer – one who, very interestingly, while located … [Read more...]

It’s A Great Time To Start Creating Wealth Through Property

It’s A Great Time To Start Creating Wealth Through Property: Just Property The dramatic improvement in home-loan approval rates and the current “buyers’ market” have seen more first-time buyers entering the property market. What do these prospective homeowners need to know before they take the plunge? The FNB Q3 Property Barometer (October 2019) makes for interesting reading. It quotes South African Reserve Bank data, saying that these show “that mortgage advances have grown at a progressively faster pace, recording 4.9% y/y in August – the … [Read more...]

WATCH | Snakes alive: Durban family finds second slithery visitor on property in under 3 months

Durban in the News: WATCH | Snakes alive: Durban family finds second slithery visitor on property in under 3 months: A family in Westville, Durban, has a habit of attracting some unwelcome slithery visitors. Watch. 'It was scary, like a Hollywood movie scene': Man killed in brazen Tongaat bar shooting: An ordinary Sunday afternoon sundowner session has ended in murder after a group of men shot and killed a resident of Tongaat, KwaZulu police say. Click HERE to submit your Durban and Kwa-Zulu Natal news. … [Read more...]