Weekly Newsletter
Friday, 27 July 2007
Property Search | Estate Agents | List your property

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, Don’t 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.

The editor


>> Real Estate News - India
Mr Anand Gupta

Any slowdown in housing will have a cascading effect on about 100 dependent industries. — Mr Anand Gupta, Chairman, Builders’ Association of India, Mumbai Centre.

Increasing demand for buildings and infrastructure may have resulted in a construction boom. But it has also created new challenges for the sector in terms of raw material and labour, says Mr Anand Gupta...

>> Sanlam Home Loans - SMART WAYS TO SAVE MONEY

You hate paying more than you should for things. Why do it with your home loan. Switch to a Sanlam Home Loan and you can save more than you'd expect. The process is easy and hassle-free. Plus our advisers will give you solid advice, tailored to your financial needs. Click here to find out more.
Sanlam. We’re thinking ahead, are you?

>> US housing market kaput?

Classic Business Day gets a US “realtor” on the line to find out what’s really happening in the US housing market and if it’s as bad as some are saying

LINDSAY WILLIAMS: The US housing market we are told is in decline. US mortgage lending giant Countrywide announced its results yesterday - they weren’t particularly good, and the share price closed over 11% lower yesterday. People are now speculating that the first of the world’s asset bubbles is about to burst...

>> Property's plateau

The property market is currently teetering on a plateau... but it won’t fall off, an expert says.

Instead, expect the market to take up its surge again next year — making it key for you to get in on the act as soon as possible...

>> Shock-Proof your property portfolio
Guy de la Porte

During the last five years it has paid handsomely to be an optimist on both the JSE and the property market. Those that have had the utmost faith in the positive forces of our economy have gained tremendously.

However, according to Guy de la Porte of Bales Delaporte, Commercial Property Dealmakers, it may be time to become a little more conservative...

>> Don’t switch in haste

Higher interest rates have prompted many homeowners to think about switching their home loan to a different bank where they can perhaps get a better rate, but before you go this route you need to know exactly where you stand with your current lender.

So says Berry Everitt, MD of the Chas Everitt International property group, who notes: ”It may be a better option to see if you can’t negotiate a better rate without moving your loan – and especially so now that the National Credit Act has made it more difficult to get new loans...

>> Focus on Graaff Reinet, Eastern Cape, South Africa

Cradled in a crook of the Sundays River, to the approaching traveller, Graaff -Reinet seems like a verdant oasis in the stark surrounding landscape.

Graaff-Reinet is home to more National Monuments than any other town or city in South Africa. Round every corner a piece of our history is revealed to interested visitors...

>> View Properties in the Eastern Cape
>> View Properties in Graaff Reinet

>> Property of the week

Eastern Cape, Graaff Reinet

Well maintained family home, with Cape Dutch Feel - well located, close to CBD and schools. Open home for entertainment with out door braai area and swimming pool - magnificent mountain views from garden. 4 bedrooms with double story views, spacious lounge and dinning room, Wooden kitchen in keeping with the house. Move in with out additional expenses...

Search for property in your area

Enter City/Suburb:
>> Plea to put new airport on ice

Residents of suburbs and towns along the coast north of Durban have made a last-minute plea to the government to put the King Shaka Airport plan on hold until there is a better understanding of how noisy jet aircraft will disrupt lifestyles and investment in the area.

However, an environmental impact assessment (EIA) report has already been handed to the national department of environmental affairs and tourism, which is under mounting political and financial pressure to give the final okay to the R6,8-billion international airport and trade port...

>> News from - Moneyweb

Cape property market slowing fast – warning

Price decline gathering speed faster than expected in Cape, but Joburg, Tshwane cook.

Residential property owners in the Western Cape have been warned to brace themselves: the declining trend in price inflation is gathering speed in that province at a faster rate than earlier figures suggested...

>> From the CyberProp Blog

Which Repairs Should You Make Before the Sale?

Make slight improvements but don't go too far.

If you're preparing to place your home on the market, it's inevitable that you'll need a couple of minor repairs and slight improvements before your broker can drive a "For Sale" sign into your front yard.

Practical and aesthetic projects like a fresh coat of paint drain neither time nor money and can make your home more attractive while perhaps speeding your sale...

>> Software at its best!

We are constantly look for avenues to advertise the properties of our CyberAgent users and will continue doing just that. Our newest avenue, www.brabys.com, one of South Africa's top search engines for Businesses, Maps and Directions.

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

For Sale Property:
Eastern Cape Freestate Gauteng Kwazulu Natal Mpumalanga North West Northern Cape Northern Province Western Cape

To Rent Property:
Eastern Cape
Gauteng Kwazulu Natal North West Western Cape