Weekly Property News
08 June 2012
FROM THE EDITOR

Dear Reader

South African property owners are clever people! This is the conclusion after the feedback we received on last week's newsletter. Do you base your property purchase on market factors? Are you one of those that think it through and plan? Or, are you one of those emotional buyers that just do it? Most answer that they will first look if they qualify for buying a property and for how much they can buy in other words, they first plan.

On the lighter side this week. Have you ever thought about "adopting a road"? Iwesco a waste management Company launched a campaign, Adopta Road, which is not only meant to keep the roads clean but which will also make South African's more environmental conscious. Read more in Project to clean up our act and turn Pretoria green

Headlines: Home valuations will start to climb again while adjacent consumer industries will capture significant new growth opportunities in 2012 and beyond as the U.S. housing market finally turns the corner, concludes a major new study released today by The Demand Institute. The recovery of the housing market will have far-reaching impacts in the coming years across the United States and international markets as U.S. consumers increase their spending on buying, renovating, furnishing and maintaining their homes. U.S. Housing Market Finally Reaches a Turning Point

Market news: Except for some minor movements in the riskier rental brackets at the higher and lower ends of the market, it is comforting to note that residential rental payment trends in the first quarter of 2012 have remained largely unchanged since the latter half of 2011. Of course this isn't surprising when viewed against the stability of interest rates and improvement in the household debt to income ratio. The National Credit Regulator's Credit Bureau Monitor remained unchanged overall for the Q4 2011 period, with 53.8% of 19.34 consumers considered to be in good standing. TPN Suggests modest outlook for residential investors

Enjoy!
The editor

In This Issue

Paarl, Western Cape, South Africa
Exclusive country lifestyle property.
Lifestyle property situated next to historical estates, wine farms and well known national monuments...


CyberProp Property Count: 08/06/2012

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Properties for Sale: 123,286
Properties to Rent: 11,328

International News

U.S. Housing Market Finally Reaches a Turning Point

Home valuations will start to climb again while adjacent consumer industries will capture significant new growth opportunities in 2012 and beyond as the U.S. housing market finally turns the corner, concludes a major new study released today by The Demand Institute...


Local News

Renaissance focuses on big African real estate

Large scale real estate developments that target both high end and lower income residents will be a driver of Africa's property market, and are the best fitted asset for tackling its infrastructure and title deed issues, Renaissance Group thinks...


June Property Clock

Knowledge Factory’s, SA Property Transfer Guide has kept its Property Clock unchanged this month at 21 minutes to the hour. The Clock measures high-level national trends in the residential real-estate market. It retreated by five minutes in 2011 and moved forward by one minute in March 2012...


TPN suggests modest outlook for residential investors

Except for some minor movements in the riskier rental brackets at the higher and lower ends of the market, it is comforting to note that residential rental payment trends in the first quarter of 2012 have remained largely unchanged since the latter half of 2011...


Why Warren Buffet thinks rental homes are a good investment

In recent months, Warren Buffett, CEO of Berkshire Hathaway and arguably the world's top investment brain, has repeatedly said that private investors should now be buying up as many single family homes to rent out as they can afford...


What difference a rate makes

Of course life would be much easier for estate agents if all their buyers were able to secure 100% home loans - but would it be the right thing for buyers?


'SA needs land reform debate'

The debate on land reform should be opened up to provide some certainty to commercial farmers who are thinking about fleeing the country, Freedom Front Plus leader Pieter Mulder said on Thursday...


'Land grabs not policy'

The ANC will not engage with its youth wing over the issue of land reform, ANC secretary general Gwede Mantashe said on Wednesday...


Entry of new player into bond home financing

A number of indicators right now point to the months ahead in the property sector being a period of slow but steady upturn and recovery, says Bill Rawson, Chairman of the Rawson Property Group...


An own vs lease persepective by Improvon

Jorge da Costa, CEO of Improvon, maintains that for many businesses the question of owning their premises versus renting is not new one. Factors which can influence the decision-making process will differ from one company and the next, but ultimately plans for growth as well as the current and foreseeable economic climate, need to be carefully considered...


Taking the tears out of moving

For many, relocation is an exciting prospect as they envisage the good times they're going to have in their new home, and look forward to settling into a new community and maybe tackling a new job...


A heads up for landlords and new figures on rental payment

The latest Rental Payment Monitor from the Tenant Profile Network reports that 32% of tenants pay their rent late. The first quarter of 2012 saw only 68% of tenants pay their rent promptly, while 8% of tenants made a partial payment, 13% paid late and 11% did not pay at all...


Hout Bay residents lose Chappies battle

The Residents' Association of Hout Bay lost its court case yesterday to halt construction of the Chapman's Peak toll office building on Table Mountain National Park land...


Penalty Levies charged in HOA's

Whilst buying a piece of land to build your home on in a security estate or gated-community may seem like a dream come true to many people, make sure that you read all of the Home Owners Association (HOA) rules and regulations before signing on the dotted line...


The changing and evolving role of property managers

More and more, property managers are working hand in hand with asset managers to add value to their clients portfolios – and in some cases this role is being blurred all together - which also brings the issue of the traditional property management fee into question...

Focus On

Cape Winelands, Western Cape, South Africa

With its magnificent natural beauty, its rich cultural heritage and its world-renowned wines - the Winelands Region is synonymous with all the best that the Cape has to offer...

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In the Area

The areas we are going to take a closer look at this week are;

  • The Eastern Cape
  • Johannesburg
In the area 1 - The Eastern Cape

The equilibrium between wealth and beauty

When trying to describe the Eastern Cape, no other words better defines it than, scenic diversity...


In the area 2 - Johannesburg

Johannesburg Crafts An Artsy Comeback

Two Young Developers Help Revive a Battered City Center.

Five years ago, Jonathan Liebmann bought a warehouse that was the entry point for alcohol entering South Africa at the turn of the 20th century...


To the editor

Share your comments with us by sending it to news@cyberprop.com


Local news continue

Historic properties: Investing for the future in a slice of the past

Hamburg. The market for first-class historic real estate has developed on a very positive upward trend over recent years...


Make sure your agent has 'drive'

Many thousands of agents have left the real estate industry in the past few years and those that remain are now often busier than they have ever been - but that doesn't mean they should treat the sale of any home as "just routine"...


Green Building Council looking for local speakers for annual Convention

In an exciting move that is designed to tap into, and showcase, the growing local sustainability and "green" knowledge base available in SA, the Green Building Council of South Africa is calling for proposals for presenters for the upcoming annual GBCSA Convention and Exhibition 2012, taking place at the Cape Town International Convention Centre from the 23rd to the 25th of October...


Project to clean up our act and turn Pretoria green

People can adopt animals at zoos or even a cop, but now a Rosslyn business is asking industries to "Adopta Road"...


City of Tshwane's plans to build the tallest building in africa called ludicrious

Concerns are growng over the city of Tshwane’s plans to build ‘the tallest building in Afrca’ situated in centurion when the council has been in the press over concerns that it is getting deeper into the red, and is not controlling its finances properly - besides concerns that this project would be a flagrant waste of money...


SAPOA Online publishing Award

SA Commercial Prop News wins SAPOA Online publishing Award

The SA property industry has cast its vote for quality journalism at the fiercely contested SAPOA (South African Property Owners Association) Property Journalism Awards...

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