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Edition 29 of 2007, Friday, 27 July 2007
Dear Reader

This week it was "Skyscraper" week. BOMA, the Building
Owners and Managers Association's is a group founded in Chicago
and is known as the birthplace of the skyscraper. This year they
celebrated their 100th year of existence with 16,000 members. Read
more at www.boma.org
Staying in the States, is the Real Estate Industry really
so bad as some is saying? Classic Business Day gives us the answer
and put an estate agent from the State on the line. An interview
not to be missed, US housing market kaput?
While
the States may be facing a recession, in SA, economists remain positive
about economic growth and the real estate market. According
to Mike Schussler, following on from the MasterIndex survey of Consumer
Confidence released recently, although South Africans may have seen
a slight slowdown in economic growth, the reality was that the economy
was still in a record-breaking growth phase. Property's plateau
by Iafrica
All good and well, the economy does not look all that bad BUT,
always that BUT, there is a clear warning. Guy De la Porte of Bales
Delaporte Commercial Property Dealmakersests property investors,
Having been a property broker for 20 years, I have seen
the pain people go through when things get ugly. For this reason
I naturally take a more conservative approach to property investments.
There is clear indications that we might see an interest rate crease
in the near future. A warning to our readers from Chas Everitt,
Dont switch in haste. Writing in the Property
Signposts newsletter, Berry Everitt, MD of the Chas Everitt International
Property Group says that if you do decide to switch, or refinance
your home, the steep increase in most property values
in recent years should mean that you can release additional capital
to extend or modernise your home and further improve its resale
value.
The
oldest town, it is known as the 'Athens' of the Eastern Cape, with
magnificent examples of Karoo architecture, fynbos and more monuments
than any other town in South Africa, Focus on Graaff Reinet,
Eastern Cape, South Africa
In our CyberProp.com
Blog we take a look at which repairs you should make before
you sell.
Enjoy!
The editor

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