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Weekly Newsletter
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Friday, 28 March 2008
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South Koreans' purchase of overseas real estate has continued to decrease over the past few months on growing concerns about the state of the global economy. The U.S. economy has become stagnant since the middle of last year when the housing market plunged as a result of subprime mortgage defaults. The sluggish US housing market has dampened investors' sentiment here as the country is the most popular destination for overseas property investment by local individuals and businesses...
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| >> Take it or leave it |
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That’s the advice from Mike Bester, CEO of Realty 1 International Property Group, who says prevailing conditions in the South African property sector are playing straight into buyers’ hands...
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| >> Beware the pitfalls of PiPs |
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But while these properties in possession, also known as Pips, may seem like a good buy to real estate bargain hunters, there are pitfalls, advises Martin Schultheiss, CEO of the giant Homenet real estate group...
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| >> Banks to beat FSC housing target |
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The low-cost housing finance loans commitment forms part of the 2003 Financial Sector Charter, in which the banking sector committed to originating loans to low-income households totalling 42 billion rand over the five-year period to the end of December 2008...
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| >> Land process blamed for costly homes |
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Although the perception existed that cost increases were due to developer profits and increases in the prices of materials and finance costs, the banking industry suspected it might be due to the lengthy period it took to transform a piece of raw land into a serviced stand ready for development...
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| >> Is northern Joburg a buyers' or sellers' market? |
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It depends who you ask and where you look. New developments are sprouting up all over northern Johannesburg raising questions of whether the market has become oversaturated. But has it? It depends where you look...
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| >> Good returns reported on student accommodation in Magalies |
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MAGALIES, Gauteng (March 25) – Separating the bustle of the Gauteng city life from the serenity of the African bushveld lies the Magaliesberg, a majestic mountain range rich in early creation, wildlife and scenic exhibition. So says the introduction to the Magalies Meander website, where tourists can read all about the attractions of the area...
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| >> Upper-end EC home market slows down |
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One upper-end Gonubie house has been on the market for nine months, having dropped from its original selling price of R2.3 million to R1.5m...
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| >> Property Investment in Australia |
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Price values in the Australian property market took a fall from 2004 to 2005 and have been struggling to recover ever since. Some are predicting that the market is close to stabilising and that now may be the time to invest “Down Under.”
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| >> Focus on Magaliesburg, Gauteng, South Africa |
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Magaliesburg lies below the Southern Range of the Magaliesburg Mountains... >>
View Properties in Gauteng
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| >> Property of the week |
Search for property in your area |
| >> News from - Nedbank |
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NEDBANK CORPORATE PROPERTY FINANCE (CAPE) STILL NUMBER ONE IN THE FINANCE SECTOR AND STILL GROWING For the property sector the year ahead will be one of “constraints” says Richard Thomas, Divisional Director of Nedbank Corporate Property Finance (Cape) – but despite these, Nedbank Property (Cape) is budgeting for a 15% increase in turnover and should end 2008 with its total assets also up 15%, to R13,5 billion...
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| >> Syndic8 Solutions |
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| >> Software at its best! |
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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...
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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For Sale Property: To Rent Property: |
With
the average price of a house edging up to the R1-million mark, sellers
should not be tempted to negotiate on market-related offers that appear
sound. 
South
Africa banks are confident that they will exceed the 42 billion rand low-cost
housing finance origination target by year-end, an industry body said.
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to Property Investments in Australia
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