Weekly Newsletter
Friday, 18 August, 2006
Property Search | Estate Agents | List your property

Edition 33 of 2006, Friday, 18 August, 2006

Dear Reader

Yet another week has gone and we are slowly but surely nearing the 2006 festive season.

In the news this week;

  • Absa property economist Jacques du Toit is projecting another 1% rise before year-end
  • Property developers who have been too optimistic about demand or who got their product wrong will be brought to their knees by slow sales and higher rates
  • Some estate agents who grew too fast or became too comfortable after six fat years are struggling
  • You can bet on the actual average house price falling by the end of this year, which means real values sagging by 5% or more

This according to Financial Mail. Read more in The Beast is back

The South African Property Report, commissioned by JHI Real Estate, shows that in the past year, real house prices exceeded the 1984 and 1970 peaks and investors are now seeking out opportunities in commercial and industrial property markets. Real Estate News – Property Market Promises Sound Investments

Hartenbos is one of the most popular resorts along the South coast of the Western Cape and thousands of residents from the northern provinces spend their annual summer holiday here. "Everything Under the Sun" is the slogan that personifies Hartenbos with its whitewashed beaches, calm sea and Mediterranean climate. As part of the Garden Route and the Whale Route, situated between Mossel Bay and George, this tranquil town is the ideal destination for family holidays (as for hundreds of other families). Focus on Hartenbos, Western Cape, South Africa brought to you by www.places.co.za

IF you haven’t got a winning ticket and are still thinking of improving your house we share the top five things you can do and the worst five things to add value to your property – Have Fun

Enjoy!
The editor

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>> Real Estate News – Property Market Promises Sound Investments

Low interest rates, solid economic growth and an appetite for property investment as a compelling asset class had combined to propel the sector to the fore, according to the just-released SA Property Report 2006.

Commissioned by JHI Real Estate, the report shows that in the past year, real house prices exceeded the 1984 and 1970 peaks and investors are now seeking out opportunities in commercial and industrial property markets...

>> How to survive the property crunch in South Africa – The beast is back

Pain for many, but opportunity for some as interest rates bite.

Home owners, developers and investors can put on their hats and coats and leave: the party's over for the residential property market.

Data from the big banks shows year-on-year housing capital gains continuing at between 13,5% (Absa) and 6% (Standard Bank) - far below the 35% of 2004 . . . and last year.

But read further into their statistics and you will see that prices adjusted for inflation are on their way to negative territory. Absa's latest price index shows real house prices rising just 0,1% month on month. Standard Bank says nominal prices will stop rising by year-end...

>> Tenants win new rights

Landlords in trouble after judgment gives tenants new powers over property they don't own

A supreme court of appeal decision on a 1658 Dutch law has curtailed landlords' powers over the properties they have rented out.

The judgment gives a tenant a lien over a landlord's property it has improved. It empowers the tenant to remain in occupation until it and its landlord have settled any dispute about compensation for the improvements...

>> Focus on Hartenbos, Western Cape, South Africa

Hartenbos is one of the most popular resorts along the South coast of the Western Cape and thousands of residents from the northern provinces spend their annual summer holiday here. "Everything Under the Sun" is the slogan that personifies Hartenbos with its whitewashed beaches, calm sea and Mediterranean climate. As part of the Garden Route and the Whale Route, situated between Mossel Bay and George, this tranquil town is the ideal destination for family holidays (as for hundreds of other families)...

>> View Properties in the Western Cape
>> View Properties in Hartenbos

>> Property of the week

Hartenbos, Western Cape, South Africa

Bedrooms: 8
Bathrooms: 7
GUESTFARM ON 128 HA BETWEEN MOSSELBAY AND OUDTSHOORN.

Search for property in your area

Enter City/Suburb:
>> Soweto no longer just a dormitory for Johannesburg

SOWETO — once considered little more than a “dormitory” township complex — is changing dramatically with commercial property developments mushrooming everywhere.

Most of the new development so far has been retail in nature, but moves are afoot to introduce more offices and industrial properties to Soweto...

>> News from – IAfrica

With the preference for boutique and customised accommodation growing among tourists in South Africa — and 2010 now looming large — there are many investors seeking properties they can convert into Bed & Breakfast (B&B) guesthouses.

However, says Dr Piet Botha, chairman of the Nationlink estate agency group, it is important not to romanticise the idea of owning a B&B...

>> Have Fun – Tips on how to add value to your home

IF you haven’t got a winning ticket and are still thinking of improving your house here are the top five things you can do and the worst five things.

Do

Redecorating: on a pound-per-pound basis, this is probably the cheapest item of home improvement you can pay for. Yet the right paint job can add up to 10% to the final value of your home...

>> Software at its best!

Technology has become an integral part of Real Estate over the past few years. Tools like CyberAgent have played and will play even a more important role in the future of Real Estate. Real estate agencies using a tool like CyberAgent, gain the advantages of using the latest technology to benefit their businesses.

The real challenge is to find a software application (programme) that supports all facets of the industry, cutting out the need to duplicate day-to-day work. CyberAgent answers to all the estate agencies needs.

CyberAgent:

  • Caters for all of the above
  • Is an all-inclusive office management tool
  • Consists of cutting edge technology
  • Has been developed since 1999
  • Enables you to eliminate multiple programmes; No double capturing
  • Compete on the highest level of Internet marketing and exposure
  • Is an OFF-LINE system, saving you time and money
  • Free programme updates on a regular basis
  • Currently used by over 800 Professional Estate Agencies
  • Includes multilevel security
  • Network ready with no additional licenses for the same office

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

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