The latest Absa house price index was released and showed
a declining trend. Although it shows a slight recovery from earlier
residential property prices is definitely coming down with nominal
year-on-year house price growth of 14,9% recorded last month.
Indeed good news for potential home owners.
More news;
Commercial property association Sapoa is not happy with the
new code of conduct for residential property consumers
and developers that was being introduced by the National Home
Builders Registration Council (NHBRC). According to this
code of conduct a potential buyer has 30 calendar days to examine
before he signs
The "big" investors is to buy directly into mixed-use
developments that offer a combination of retail, office, hotel
and residential opportunities. A good example of what can be done
with these kind of investment is the V&A Waterfront, the most
expensive property ever sold in South Africa.
Gauteng, the "cash cow" of South Africa as what it
is referred to reported that during 2005 one of the three biggest
sectors contributions to the province's economy were real estate
"Many times, the successful sale of a home is less
about rands and more about common sense". Statement by Dr
Piet Botha, Nationlink Property Group
Over the last few weeks we placed various articles on the new Credit
Act and what the effect might be on the property industry.
We have seen that vehicle sales have been hit hard by the act. The
Institute of Estate Agents of South Africa (IEASA) president Willie
Marais said the industry would have a better idea in August of the
impact on sales
The beautiful village of Greyton nestles between the majestic Riviersonderend
mountain range offering craft shops, restaurants, art galleries
and the regular Saturday morning market and many outdoor activities,
Focus on Greyton, Western Cape, South Africa
In our CyberProp.com
Blog we give some handy tips on how to turn moving into
an adventure for your children.
>> Real Estate News - Foreign
Real-Estate Funds Boom
It is getting easier to invest in Australian
shopping malls and Norwegian office towers.
Financial-services firms are rolling out scores of foreign real-estate
funds. In the past few weeks alone, Charles Schwab Corp. launched a global
real-estate fund that is betting in part on strong rental growth in London
office properties. WisdomTree Investments Inc. listed a new exchange-traded
fund that tracks an index heavily weighted to Australia, Hong Kong and
Japan...
>> Traffic a key factor in new developments
It
will become increasingly important to invest in property close to work,
business nodes and key transport routes
AS CONGESTION on South African roads increases , residential property
areas situated on major transport corridors and near businesses are going
to become sought after hot spots, says John Loos, property
strategist at First National Bank...
>> The most expensive US home...
For
sale: prestigious Beverly Hills mansion set in 6.5 acres, offering 29
bedrooms, three swimming pools, tennis courts, state-of-the-art movie
theatre and disco.
The price? $165-million,
or some R1.155-billion...
>> Cape Town - Inspectors 'out in force' to check estate agents
comply with new rules
THE extent to which local estate agents are supporting
the City of Cape Town's campaign to curb the unsightly clutter of illegal
showhouse directional signage, will become clear this weekend when contractors
will be out in force throughout the Metropole to test compliance with
the new regulations. In terms of the new system every estate agent and
auctioneer was, from 1 July, required to register individually with the
municipality for permission to display property marketing boards and directional
signs for weekend show houses on Council property.
>> Focus on Greyton, Western Cape, South Africa
The
beautiful village of Greyton nestles between the majestic Riviersonderend
mountain range and gently curving hills. This tranquil oasis of green
lies between two rivers, with lush colourful country gardens that complement
the thatched cottages and oak tree lined lanes.
Owner relocating - Move right in place your furniture! Delightful
2-bedroom home - 1½ bathrooms (m.e.s) large lounge/dining
room, separate large sunroom. Modern well equipped kitchen. Garden
with pool. Good views...
Search for property in your area
>> Vehicle sales hit hard by new Credit Act
It's too soon to gauge the effect of the National Credit Act (NCA)
on residential property sales, economists and estate agents say, although
they think a slow-down is inevitable.
Vehicle sales have been hit by the act, but applications for home loans
take longer so the effect on these is not yet clear...
>> News from - Chas Everitt International
Power
to the people with caution
Spurred by the increasing number of power failures and rolling blackouts
in recent times, the popularity of portable generators has grown exponentially.
Landlords, shopkeepers and homeowners are increasingly using them to
power lights and security systems, cooking appliances and refrigerators,
especially during the winter months...
>> From the CyberProp Blog
Turning a move into an adventure that can help your children cope
Although relocating can be one of life's challenges, it is also an adventure.
By guiding your child through this experience with knowledge and patience,
the transition can be a piece of cake!
The home you are moving from may be the only one your child has ever
known. There's a sense of familiarity there, not only with the house,
but everything around it. The area, friends, parks, and schools will soon
no longer exist for them. That's why moving can be troubling for children.
But if parents understand what their child's concerns and needs are, a
lot of distress can be avoided...
>> 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...
Agent captures the details of the property and pictures into CyberAgent
Agent updates the property to the Internet
The Internet server sends back a unique number for that property
Agent puts up his "For Sale" board together with our SMS
board
Potential buyer sees the "SMS" board and SMS's the unique
number to the Internet server
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