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Weekly Newsletter
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Friday, 07 December 2007
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Global Insight, the world's leading company for economic and financial analysis and forecasting, today released the third quarter 2007 update of House Prices in America, the U.S. housing-valuation analysis, showing that prices for single-family homes declined for the first time since 1994, with California, Florida and Michigan accounting for the steepest losses. Prices fell at a 1% annualised rate during the quarter, though they were still up 1.8% year-over-year...
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| >> Rising interest rates pose the question of fixing |
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Renting a property in the short to medium term could be the better bet, but this option is also not without risks...
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| >> With rates on the march, do you fix or float? |
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Property economists said deciding between fixed and floating interest rates on property loans, and deciding whether to rent or buy a property, were important considerations...
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| >> Interest rates add fuel to the fire |
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| >> IEASA international ties benefit SA consumers |
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These benefits include the opportunity to have their property featured on WorldProperties.com, the global property showcase operated by ICREA which attracts more than 25 000 international users a month.
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| >> 'Black diamonds' fuel coastal property boom |
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The coastal property market continues to boom with prices higher than those in cities, say property experts. One of the trends fuelling growth is the increasing number of "black diamonds" - the fast-growing affluent black middle class - buying holiday homes. Another trend is that modern technology allows wealthy businessmen to be based on the coast and operate their businesses from there...
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| >> Focus on The West Coast, Western Cape, South Africa |
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>> View Properties in the Western Cape
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| >> Property of the week |
Search for property in your area |
| >> News from Chas Everitt International Properties |
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Marketing South African real estate internationally remains a committed focus of Chas Everitt International, but as from January 2008 the leading national property group will be bringing the world of international property investment to South Africans. Trading as CEI Overseas Properties, the launch of this new venture is well timed due to the convergence of a number of related factors, chief amongst these being the increased allowance for overseas investment by South Africans to R2 million (or R4 million for a couple) and the substantial growth in real estate equity enjoyed by South Africans in their South African properties over a long boom period, a weak dollar and a reasonably strong Rand...
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| >> Top 10 reasons to invest in a property on a golf course |
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by Cherry Clift, Managing Director of Investment in Cyprus 1 - A Good investment. The lifestyle factors are important when planning a property purchase however the financial aspects are the key. The benefit of purchasing on a course is that the demand for golf property remains high, providing an exit from the market at any point. Buying a property off-plan will also usually result in significant capital gain by the time the course has opened...
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| >> From the CyberProp Blog |
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Part-time agents will ‘disappear’ The real estate industry is in for a major shake-up next year when training requirements and registration procedures of agents will undergo radical changes. But, says Berry Everitt, MD of the Chas Everitt International property group, the changes are to be welcomed. “The industry may end up with fewer accredited estate agents, but those who remain will be better trained and will be enabled to offer consumers a high quality service...
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| >> Software at its best! |
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 |
| >> ADSL phone & Modem combination |
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For Sale Property: To Rent Property: |
Could
renting a property at this stage be a better bet?
One
of the many routes that lead north from Cape Town is the road that
follows the rugged western shores of South Africa, commonly referred
to as "The West Coast". During spring, the area is transformed
into a floral paradise, with wild flowers growing everywhere, forming
the south-western fringe of the famous flower carpets of Namaqualand,
Focus on, The West Coast, Western Cape, South Africa
The
almost certain prospect of further interest rate hikes will put more pressure
on property sellers and ensure a real consolidation in the property market
during 2008, with prices likely to show flat-line growth at best...
South
African home sellers are already deriving benefits from the decision by
the Institute of Estate Agents earlier this year to join ICREA –
the International Consortium of Real Estate Associations.
The
area is the hub of the South African commercial fishing industry. From
snoek (which can be bought fresh for R20 or less) to crayfish and mussels
from the bay. The area is also a popular spot for tourists to see whales
during their mating season, which is from early August to about November...
