Weekly Newsletter
Friday, 02 February 2007
Property Search | Estate Agents | List your property

Edition 4 of 2007, Friday, 02 February 2007

Dear Reader

The five ghastly "Jack the Ripper" murders took place in an area less than a quarter square mile in size. Houses in this haunting and decrepit no man's land straddling the City and metropolitan London could be had for 25-50,000 British pounds as late as a decade ago. How things change! Real Estate News - Real Estate Bubbles

What the property experts had to say this week;

  • John Loos, economist at FNB Commercial Banking, has raised his earlier projection from a single digit estimate to an 11,6 percent average for 2007
  • Jacque du Toit, senior economist at Absa, has weighed in with a more modest upward revision to a level just short of double digit figures
  • Standard Bank forecasts a slow down in house prices while maintaining its long-held view that aggregated house prices are unlikely to fall

SALES of residential property along Cape Town's Atlantic seaboard have continued to boom into the new year in spite of four interest rate hikes in four months and a cooling property market. New residential property in Sea Point is currently selling at well in excess of R20000/m', up from about R16000/m' to R18000/m' at the start of 2006 South Africa: Atlantic Seaboard 'Reeling in Buyers'

The village took its name from the Voortrekker description of its river - "mooi" translates as pretty, but in Zulu, however, the river is 'Mpofana' - Place of the Eland. Focus on Mooi River, KwaZulu Natal, South Africa

I am sure that you are familiar with the famous words of Winston Churchill of "Never ever ever give up" but are you familiar with his words "We shape our buildings, and afterwards our building shape us"? Have Fun - Eight Ways to Transform a House

Enjoy!
The editor


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>> Real Estate News - Real Estate Bubbles

The five ghastly "Jack the Ripper" murders took place in an area less than a quarter square mile in size. Houses in this haunting and decrepit no man's land straddling the City and metropolitan London could be had for 25-50,000 British pounds as late as a decade ago. How things change!

The general buoyancy in real estate prices in the capital coupled with the adjacent Spitalfields urban renewal project have lifted prices...

>> Experts revise SA house price growth forecasts for 2007
Rodney Hayter

A stronger than expected average house price growth for last year and an easing on upward interest rate pressure has prompted Absa and FNB Commercial Banking to revise their earlier average house price growth forecast for the current year to a higher level.

John Loos, economist at FNB Commercial Banking, has raised his earlier projection from a single digit estimate to an 11,6 percent average for 2007. Jacque du Toit, senior economist at Absa, has weighed in with a more modest upward revision to a level just short of double digit figures...

>> Standard Bank forecasts slowdown in house prices

STANDARD Bank forecasts a slow down in house prices while maintaining its long-held view that aggregated house prices are unlikely to fall.

In a statement released today, the bank attributed the predicted slow down to waning investor appetite for buy-to-let residential properties, combined with constrained demand and finances from owner-occupants...

>> How to design a small garden

Have you moved to the city and bought a space with a small garden? If you design your garden correctly you could take advantage by creating an illusion of space. But don’t be fooled — less space doesn't mean less work. We’ve got eight tips for you to design the ‘small’ garden of your dreams...

>> Focus on Mooi River, KwaZulu Natal, South Africa

The village took its name from the Voortrekker description of its river - "mooi" translates as pretty, but in Zulu, however, the river is 'Mpofana' - Place of the Eland...

>> View Properties in KwaZulu Natal
>> View Properties in Mooi River

>> Property of the week

KwaZulu Natal, Mooi River

39 Rooms
11 En-suite Rooms
4 With Fireplaces...

Beautiful Manor house in the Hidcote area set on 10ha.

Search for property in your area

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>> South Africa: Atlantic Seaboard 'Reeling in Buyers'

SALES of residential property along Cape Town's Atlantic seaboard have continued to boom into the new year in spite of four interest rate hikes in four months and a cooling property market.

"The last six months have been simply phenomenal. Since July 2006, this agency alone has sold in excess of R200m worth of residential property in the area. There is also no indication that the demand is letting up," says Lance Cohen, head of Atlantic seaboard residential property specialists Lance Real Estate...

>> Have Fun - Eight Ways to Transform a House

Two story brick traditional with 4 bedrooms, 2.5 baths, island kitchen, and large deck!" Sound familiar? We often talk about houses in terms of room count, along with a list of finishes, such as tile floors, granite counters, or faux paint. While this vocabulary conveys certain facts, it does not provide the tools to think about how to re-design a house in a fabulous way...

>> News from - The Nationlink Property Group

Urban sprawl makes you fat

There are many good reasons to support the densification of older suburbs and the resurgence of urban living, but the one most likely to grab the attention of all the non-town planners out there is the prospect of shedding a few kilos.

In the sprawling outer suburbs of many SA cities, says Dr Piet Botha, chairman of the Nationlink estate agency group, residents often have little choice but to travel to work, school, the shops and recreational or sports venues by car...

>> Net the way for house-hunting

NEW legislation pertaining to the country’s real estate sector, which is expected to be promulgated early in 2007, is likely to precipitate a substantial fall-off in agent numbers in the ensuing months.

But, says Mike Bester, CEO of Realty 1 International Property Group, the industry’s oft-quoted 80/20 principle will remain applicable to consumers who will still need to choose their estate agents with care. “The principle is based on the fact that around 20 percent of estate agents conduct 80 percent of the sales,” he says, adding that it is therefore vital for property sellers to select their agents from the active percentage...

>> Five months to go to the largest worldwide real estate exhibition - SIMA07.

The ninth edition of the Madrid Real Estate Exhibition, taking place from 29 May to 2 June, will cover a total of 100 000 square meters. SIMA’s International content will be distributed in two areas: SIMA’s Hall I (International Institutional and Investment Pavilion, and SIMA’s Inmotur (International Holiday Homes Pavilion), an area devoted to second homes in foreign countries where hundreds of property and property related exhibitors from more than 20 markets will participate...

>> Software at its best!

Cell Phone enquiries from the public

Buyers driving past your advertising boards will be able to see an unique Internet Number allocated to the specific property. They will then SMS that number to 35476 and will receive an SMS back with all the details of the property. At the same time the agent / agency will also be informed of a potential buyer. How's that for technology working for you! The cost - mahala! Free to all CyberAgent subscribers.

Here's a diagram on the way this process will work...

  1. Agent captures the details of the property and pictures into CyberAgent
  2. Agent updates the property to the Internet
  3. The Internet server sends back a unique number for that property
  4. Agent puts up his "For Sale" board together with our SMS board
  5. Potential buyer sees the "SMS" board and SMS's the unique number to the Internet server
  6. The Internet server sends back an SMS with all the property details and a link to the website where he/she can view pictures on the propert

If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.cyberagent.co.za or email: sales@cyberprop.com

For Sale Property:
Eastern Cape Freestate Gauteng Kwazulu Natal Mpumalanga North West Northern Cape Northern Province Western Cape

To Rent Property:
Eastern Cape
Gauteng Kwazulu Natal North West Western Cape


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