From a real estate perspective, the big news coming out of the Medium-Term Budget Policy Statement (MTBPS) was that R1bn of the R50bn worth of government expenditure that is being reprioritized over the next three years will be directed to housing subsidies that assist more low and medium-income households to access affordable home loans and become home owners.
The First National Bank’s latest innovation, a banking app that enables their customers to sell their homes privately to one another without using estate agents, have angered many of their clientele in the commission-based property sector.
The Cape rental market is picking up speed yet consumer budgets remain tight. Earlier this year landlords in the upmarket southern suburbs of Cape Town
Pam Golding Properties is the first traditional estate agency in SA to combine digital set-fee services alongside their commission-based services. First Eazi.com was bought, now there’s a joint venture with online auction sales channel BidX1.
A few years ago it was widely reported that thanks to the hyper-connected world of social media the average adult now has an attention span