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FROM THE EDITOR |
Read more in To the Editor
2010! Its predicted that it will be the year of
the steel as the outlook for the global steel industry is
looking very positive. Lets hope that we can change
it to the year of the property industry.
In many ways, 2010 is going to be an exciting year for real
estate in SA. This according to Berry Everitt, CEO of the
Chas Everitt International property group. According to him
it is exciting that homebuyers and investors seem to be regaining
their confidence by the day and that the oversupply of stock
that has plagued the market for many months is rapidly being
absorbed, which will underpin a recovery in prices. Time
to get excited about property
The year is starting with strong indications that the economic
emergency measures taken last year have by and large been
successful. And yet caution still prevails, says
Martin Schultheiss, CEO of Harcourts Africa. Now is
the best time to secure home loans
Get on the property ladder, but dont aim too
high at first. Thats the advice of Tjaart van der Walt,
CEO of the RealNet property group. Buy right in 2010,
RealNet chief advises
The investment potential of property is beginning
to look decidedly more positive as we begin the new year.
Thats the word from ERA South Africa CEO Gerhard Kotzé,
who says the market has definitely bottomed-out.
2010 looking better for property
Although many in the real estate industry are very glad to
see the back of 2009 and its economic troubles, the year was
appreciated by some as a great opportunity to ditch tired
business practices and put some new ones in place in preparation
for a better year ahead. And positive change will no
doubt serve those who have had the courage to implement it
very well in 2010, says Young Carr, CEO of the Aida
real estate franchising group. Fortune will favour the
bold, says Aida chief
Word from Lew Geffen, chairman of Sothebys International
Realty in SA, The whole market has really come alive
again since October, and nationally, the number of sales made
in the last quarter was more than 45 percent up year-on-year,
with some areas showing even bigger increases, and our turnover
was up 60 percent. Snappy sales signal good price growth
in 2010
A "cautiously optimistic" Sameul Seeff from Seeff
Properties believes that this year will bring good news -
increased demand for property, more sales as well as
conservative price increases. SA's property market in
2010 Samuel Seeff
One cannot help to wonder who will be right. Send us your
viewpoints to news@cyberprop.com
Enjoy!
The editor
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Featured
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| Barrydale,
Western Cape, South Africa
Ideally positioned in village main street and zoned
for business. Property is perfect for restaurant and
tea garden. Wooden floors and leaded windows and other
features give this home a special ambience.
Featuring : Air Conditioning, Built-in-cupboards, Dining
Room, Driveway, Entrance Hall, Family Room, Fireplace,
Garden Shed, Lounge, Outdoor Braai Area, Pool House,
Separate Flat, Study, Swimming Pool, Workshop...
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Property Count: 08/01/2010 |
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