One in four sellers buys in a new province
A significant 27% of homeowners who sell and then buy a new home do so in a different province. Find out where they are buying.
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A significant 27% of homeowners who sell and then buy a new home do so in a different province. Find out where they are buying.
With her vibrant energy, unwavering enthusiasm and years of industry experience, Sophia Vorster is a force to be reckoned with in the world of bond origination in the Western Cape.
Move over Western Cape as ooba Homeloan data shows Mpumalanga, the Eastern Cape and Gauteng South and East are enjoying their moment in the sun.
Over the last year, semigration, predominantly to the Western Cape,
has been the trend to watch. While Gauteng has earned one
negative news headline after the other, is the tide turning? If so, it could be partly due to South Africans coming home from abroad.
What does the stable repo rate mean for the property market? Industry leaders share the state of the property market, the implications for first-time buyers, look at how this impacts new mortgages, and which areas are still growing despite the economic pressures.
Many home buyers are seeking the tranquillity and seclusion that country towns or rural settings present. For agents guiding clients towards their dream homes in remote or small-town locations, there are several things to consider: from security, cost of living and infrastructure to lifestyle changes and plans.
While the repo rate is stable, for now, it is unlikely to decrease until 2024, the local economy remains under pressure, especially from continued loadshedding, experts weigh in about what’s in store for the property market in the next few months.
Coastal towns are getting a new lease on life as people semigrate, primarily from Gauteng, looking for affordable, safe locations where they can work remotely.
Despite the rising interest rates and rolling Eskom blackouts in a post-Covid 19 environment, the real estate industry has seen a busy 2022. What is next?
The recent interest rate hikes and rising inflation in South Africa may have deterred some would-be homebuyers, but the luxury property market remains surprisingly resilient despite the economic pressure.