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Property News - 18 August 2016

FROM THE EDITOR

According to a recent study of industry stakeholders by US-based construction think-tank Dodge Data and Analytics, “green building” – that is, designing buildings to limit their environmental impact – is making strong headway in South Africa. It estimated that around 41% of the country’s construction activity in 2015 was green. This was the highest of the 13 countries surveyed. Read more in Green buildings catching on in South Africa

In Is your house REALLY too big? Andre de Villiers, from Chas Everitt Southern Suburbs, says that many older clients want to sell their houses so they can invest their money and buy something smaller. However, he believes that sometimes the best thing they can do is to make their existing house "smaller" by turning half their home into a separate flat they can rent out.

Just Property believes that the key to any real estate purchase is in effective budgeting and that using a budget doesn’t have to be a chore, it can have huge benefits. They share six steps you need to take to create an affective budget with us in Homeownership Journey- Better Budgeting

In Focus On today we read that Johannesburg is becoming the residential address of choice for many first-time buyers from Cape Town, where the steep rate of home price growth, and relatively static income levels, are effectively pricing many of them out of their home market.

Enjoy!
The editor

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In the News this week


Green buildings catching on in South Africa

Green buildings catching on in South Africa
South Africans are increasingly opting for green property solutions in both their residential and commercial investments...
Green buildings catching on in South Africa

Calculating What Your Dream Home Is Really Going to Cost

Calculating What Your Dream Home Is Really Going to Cost
Regardless of what the global or local economy is doing, life goes on and that means that buyers continue to save up to buy their dream homes...
Calculating What Your Dream Home Is Really Going to Cost

Is your house REALLY too big?

Is your house REALLY too big?
So many older clients want to sell their houses so they can invest their money and buy something smaller. However often the best thing they can do is to make their existing house "smaller" by turning half their home into a separate flat they can rent out...
Is your house REALLY too big?

Homeownership Journey- Better Budgeting

Homeownership Journey- Better Budgeting
The key to any real estate purchase is in effective budgeting. Using a budget doesn’t have to be a chore, and it can have huge benefits...
Homeownership Journey- Better Budgeting

Five ways to maximise your credit rating for a stronger bond application

The Homeownership Journey
The precise criteria banks use to decide whether or not to approve a home loan are something of a closely guarded secret, but that doesn’t mean we are completely powerless to increase our chances of success...
The Homeownership Journey

How to handle a defaulting tenant

How to handle a defaulting tenant
The current challenging economic circumstances have not only had an effect on those wanting to own property, it has also impacted on many tenants and landlords within the residential market, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa...
How to handle a defaulting tenant

Celebrating Women's Month - Interview with Zaza Motha

Celebrating Women's Month - Interview with Zaza Motha
This week we focus on Zaza Motha, an Award-winning journalist & founder of POUT...
Celebrating Women's Month - Interview with Zaza Motha
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Focus On

Focus on Johannesburg, Gauteng

Focus on Johannesburg, Gauteng
Johannesburg is becoming the residential address of choice for many first-time buyers from Cape Town, where the steep rate of home price growth, and relatively static income levels, are effectively pricing many of them out of their home market...
Focus on Johannesburg, Gauteng

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Fish Hoek and Clovelly properties snapped up by Gauteng and KZN buyers

Fish Hoek and Clovelly properties snapped up by Gauteng and KZN buyers
Until fairly recently, Fish Hoek and its neighbouring Southern Peninsula suburbs like Clovelly were largely the domain of retirement-aged residents and seasonal holidaymakers...
Fish Hoek and Clovelly properties snapped up by Gauteng and KZN buyers

Midrand shows strong market resilience as development steams ahead

Midrand shows strong market resilience as development steams ahead
Midrand has become a key growth point in Gauteng, largely driven by the rampant commercial and residential development in the area, affordable quality homes across all sectors and its central location midway between Johannesburg and Pretoria with the Gautrain offering easy access to both cities...
Midrand shows strong market resilience as development steams ahead
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"This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that formal advice be sought before acting in any of these areas."

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