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10 January 2014
FROM THE EDITOR

Wow! That was so quick. The holiday season came and went so fast we are in a second week of 2014 already. But hopefully your vacation was filled with joy and spectacular scenery, and you are ready for a year ahead.

Kicking off the Newsletter this year, FNB House Price Index has reported the 7th of January, 2014 that house prices across South Africa registered an average gain of 6.8%. Read an article titled South Africa Real Estate Gains 6.8% in 2013 for a full story.

2014 has started on a very good note for the Real Estate Industry. According to the reports, the property market may look good this year. See a full article on Banks ease their lending criteria – a move that will help the property market in 2014

Still on the positive side of life, Wealth List Ranks South Africa on Top Position in Africa. Read the whole article below.

Mike van Alphen, National Manager of the Rawson Property Group’s bond origination division Rawson Finance was quoted as saying "at the moment no one is expecting a growth rate of above 3% for 2014 and the inflation rate seems containable below the 6% mark. Now, therefore, is a good time to buy South African property.” Continue reading his prediction on Current low interest rates likely to be with us for at least three to four years

Have a fruitful 2014
The editor


Property of the Week

Hyde Park , Gauteng, South Africa
A Magnificent Classic home situated in Hyde Park , on the most popular 1st Street, with spectacular fairytail grounds to match a home that exudes excellence and splendor

News

South Africa Real Estate Gains 6.8% in 2013
House prices across South Africa registered average gain of 6.8% as per data released by FNB House Price Index on Tuesday, 7th of January 2014...

Wealth List Ranks South Africa on Top Position in Africa
The per capita wealth list issued by New World Wealth has ranked South Africa at first position in Africa

Banks ease their lending criteria – a move that will help the property market in 2014
One of the more positive signs of the property market in 2013 is that banks started to ease their lending criteria, a trend that will offer additional head winds as the property market claws its way back into more positive territory in 2014...

External factors that could influence the market
There are very few, if any investment decisions that can have such a massive impact on a consumer’s financial well-being as buying property...

Make a move towards luxury

Although prices are climbing at the top end of the real estate market, there’s still time for homeowners who have been contemplating a move to a luxury property to make the transition...

Consider improving your existing home rather than upgrading to a new one
The big problem about taking out a new bond, even if a substantial deposit is paid, is that it will usually take a long time, often as much as 20 years, to pay it off...

Build on or move out?
Homeowners who are living in a home that no longer meets the requirements of their growing family have one of two choices to make...

Repair or not to repair
You have decided to sell your property but have found out that the roof needs to be replaced. Do you repair the roof or drop the asking price...

New Year's resolutions for first-time buyers
Having clear-cut goals is especially important for consumers who have made the resolution to become homeowners in 2014...

Current low interest rates likely to be with us for at least three to four years
South African home owners who were paying off mortgage bonds in 1984 and 1998 still recall with dismay how interest rates at that time rose to 25% and 24%...



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Focus On

Hyde Park , Gauteng, South Africa
In the midst of Johannesburg’s northern suburbs is the affluent suburb of Hyde Park. Named after the prestigious London area of Hyde Park, the suburb is one of Johannesburg’s most sought after addresses...

>> View properties in Hyde P ark

In The Area

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

  • East London
East London welcomes holiday-homebuyers
East London experienced an influx of holiday-home buyers over the festive season but there are plenty of choice properties left for those still scouting for second homes...

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To the Editor

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Tivvit Property Count 10/01/14

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Properties for Sale: 99,030
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"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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