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Edition 5 of 2007, Friday, 09 February 2007
Dear Reader
This week we heard about the heat wave and lack of rain that are
having a severe impact on grazing and grain crops. We also heard
that just over a quarter of the country's 46 million people are
receiving social grants. But what did we hear about the property
market;
- The interest of foreign buyers has increased in the South African
property market
- There is a a new trend towards “walkable” communities
that can cause a major shift in property buying patterns
- Interest rates might stay the same for another month or two
"Foreign interest in the South African property market
has increased at least 10 times since the sale of the Victoria &
Alfred (V&A) Waterfront in Cape town to a foreign consortium
for $1bn, says Mike Flax, executive director of listed property
asset managers Madison" Market bristling with foreign
interest
What will property prices do in 2007? I am sure that all
of us would like to know the answer. House prices will remain
relatively flat this year but there are still pockets of surprising
activity and demand. We have just come through a rollercoaster of
a year in 2006, both politically and economically. This according
to Intellectual Property Magazine. What will property prices
do in '07?
"With plumbing generally being hidden in walls, under floors
or above ceilings, most people don't give it a thought until mould
rears its ugly head somewhere or the lounge carpet develops an inexplicable
damp patch" Berry Everitt, MD of Chas Everitt International
property group shares some tips. How to keep plumbing nightmares
at bay
The name comes from the `small mouth' of the lagoon of the Bot
River. Attractions include "Hans die Skipper", home of
the well-known late Afrikaans author, DF Malherbe. Kleinmond,
Western Cape, South Africa, a paradise of more than 1500
species of coastal and mountain fynbos, a milkwood scrub forest
and 40 other tree species. There are several trails through the
reserve as well as a 18 km hike, leading to tidal pools and inlets
with a variety of marine life. It is also an ideal place from which
to do some whale watching - www.places.co.za
 What
used to be Bruce’s 500m2 character home with Oregon pine floors
and pressed-steel ceilings is now a vacant scrapyard. Bruce says
he thinks the house was demolished for a new building but,
for some reason, the structure was never built. My first house
- Bruce Fordyce
Enjoy!
The editor
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The
Kleinmond area in the Overberg district comprise Kleinmond, Betty's Bay,
Pringle Bay and Rooiels. It has been a summer resort for farmers from
the Caledon and Elgin areas since 1861. In 1948, a town council was elected,
a highway constructed and the town developed...
Sorry
I’m late… but I’m more sorry that I had to drive down this
road and see what has happened to it…’ A slightly flustered
Bruce Fordyce describes his first home in Collins Street, Brixton –
back then, ‘the Chelsea of Johannesburg.’ Even though the homes
are still sturdy and full of character, they seriously need paint and
are tainted by litter, gnarled barbed-wire fences and makeshift barricades.
