Young buyers finding great value in Johannesburg’s North Riding North Riding is fast emerging as one of Johannesburg’s most lifestyle-friendly suburbs due to its affordability, strong community focus and prime position in relation to major transport routes and key amenities. According to Adrienne Hersch Properties Area Specialists, Tania Fourie and Francois du Toit, North Riding…
Why you can be optimistic about SA’s property market If one were to believe everything you read, or take to heart everything the analytics and reports suggest, you may end up feeling rather gloomy, particularly pertaining to the performance of the property market over the past few months. Recently the FNB Property Barometer reported that…
SARB rate decision good news for property market – expert The unchanged repo rate is good news for consumers and property owners, especially those with mortgage bonds, said a property expert. Stuart Manning, CEO of the Seeff Property Group commented on the SA Reserve Bank’s (SARB) Monetary Policy Committee (MPC) decision on Thursday to keep…
Where buyers in Gauteng should look for entry level homes According to the property website Lightstone, the suburbs in Gauteng with the highest number of first time buyers include Protea Glen, Weltevreden Park, Lonehill, Paulshof, Bryanston, Equestria, Moreleta Park, Die Hoewes and Sunnyside. Seeff asked their area experts in these suburbs to elaborate on the…
Property market outlook for SA buyers and investors As South Africans reel from the news of a 2.2% GDP decline in the first quarter of 2018, property experts remain optimistic about forecasts for the remainder of the year. The property market, which has been experiencing some lethargy since early 2017, is not predicted to see…
Lending to home buyers still on the rise The average size of bond granted in SA has grown 7.7% in the past 12 months to R934 000, according to bond originator BetterBond. Chief executive Rudi Botha says the company’s latest statistics also show that there has been an 11% increase in the total value of…
Pick the right property to start building your investment portfolio Investing in property is an option many South Africans consider as it offers an excellent extra source of income. Over time the rental income from the property increases while the balance of the mortgage decreases. By the time the investor is ready to retire, if…