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06 February 2014
FROM THE EDITOR

It is a known fact that South Africans are persistent survivors and no mountain will ever be too high for us to conquer. The world has thrown all kinds of obstacles our way but every day, we soldier on.

Although the recent decision by the Reserve Bank to raise interest rates by 50 basis points will undoubtedly put something of a damper on the property market recovery, Shaun Rademeyer, CEO of BetterBondHome Loans is predicting that, as always, we will survive. Read the full story on Rate hike a comma, not a full stop.

While the latest interest rate increase may well take some gloss off the process, the South African residential property market will nevertheless continue to settle into a “new normal” mode. Continue reading this article on SA homes market now in "new normal" mode.

Will the latest repo rate increase be followed by others?Read the article below to find out what Bill Rawson, Chairman of the Rawson Property Group is saying about this possibility.

On the other News, it has been reported that there is Water crisis in SA. Investigation spanning all nine provinces has revealed the extent of South Africa’s water emergency and the growing pressure on government to deal with it. See the full story below.

Last but not least, read about a town that was once called 12-Myl-Pos, meaning 12 Mile Post, since it is located 20 km from Cape Town city centre, and because it was originally founded as a railway station on the line from Cape Town to Stellenbosch and Strand. Learn more about Bellville on the Focus On section of this week's Newsletter.

Enjoy!
The editor


Property of the Week

Loevenstein , Bellville, Western Cape, South Africa
Stunning modern family on different levels nestled high on the slopes of Tygerberg Mountain in popular Loevenstein

News

Rate hike a comma, not a full stop
The Reserve Bank’s decision to raise interest rates by 50 basis points will undoubtedly put something of a damper on the property market recovery that is currently underway...

Residential returns and capital growth are by no means uniform in South Africa
Those whose job it is to encourage investors to take the plunge and move into buy-to-let property inevitably have to rely heavily on property analyst statements covering the property sector’s achieved and anticipated returns...

SA homes market now in "new normal" mode
While the latest interest rate increase may well take some gloss off the process, the South African residential property market will nevertheless continue to settle into a “new normal” mode...

Thousands of new affordable homes to enable unprecedented black homeownership in SA
Major investments into the affordable housing sector, coupled with the rapid growth of the black middle class and the continued historic rise in black homeownership, is set to see unprecedented levels of African families own their own homes in 2014...

Will the latest repo rate increase be followed by others?
The really worrying factor about the unexpected interest rate hike is that it has led to the fear that such hikes may now be continued...

Currency slide good for luxury property
The weak rand is adding fuel to the SA luxury property purchasing fire as high net worth investors turn to bricks and mortar as a store of value...

It pays to support security initiatives
It usually costs just a few hundred rand a month to help pay for measures to increase neighbourhood security, such as guarded booms, cameras or dedicated security patrols...

Secure estate developments retain value well
Secure estate living has grown in popularity around the country, and the province of Limpopo is no exception...

TPN statistics support the logic of buy-to-let investments
Recent reports from TPN (Tenant Profile Network) on the residential rental market help to explain why buy-to-let purchases have increased so significantly over the last year...

Compassion and sensitivity are the crucial character traits of an astute estate agent
The big factor which makes or breaks an estate agent is his people handling skills – and these remain as crucially important as ever...

Water crisis in SA
An Eyewitness News investigation spanning all nine provinces has revealed the extent of South Africa’s water emergency and the growing pressure on government to deal with it...

South African Green Leader appointed Chair of World Green Building Council
Bruce Kerswill, Executive Chairman of the Green Building Council South Africa (GBCSA) and the pioneer who led the charge in the formation of the local Council, has been elected as the Chairman of the World Green Building Council (World GBC)..
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Focus On

Bellville , Western Cape, South Africa
Bellville is a city in the greater Cape Town metropolitan area and falls within the area of the City of Cape Town municipality...

>> View properties in Bellville

In The Area

The areas we are going to take a closer look at this week are;

  • Bedfordview
  • Cape Town
  • Cape Town's northern suburbs
  • Atlantic Seaboard
Good value buoys Edenvale market
The Harcourts real estate group has added another franchise to its growing list of franchises in Gauteng with the recent opening of the Harcourts Kempen office in Bedfordview...

Rental demand at its peak in Cape Town
With summer in full swing and the beginning of a New Year, many who are looking for a new home have earmarked the City Bowl and Atlantic Seaboard of Cape Town as their desired location for 2014...

Northern Suburbs homes sell fast
Homes in Cape Town's northern suburbs of Bellville and Brackenfell are selling within weeks if the price is right...

The ‘other’ Atlantic Seaboard is also hot property
The Atlantic Seaboard real estate market is about more – much more – than the headline-grabbing sales of spectacular trophy homes in Bantry Bay, Camps Bay and Clifton...

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To the Editor

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Tivvit Property Count 06/02/14

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Properties for Sale:  99,506
Properties to Rent: 8,810


"This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that formal advice be sought before acting in any of these areas."

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