Having trouble reading this email? View it in your browser

13 February 2014
FROM THE EDITOR

It has been reported by Standard Bank that, in the past two years, it has experienced 44% year on year growth in owner-occupied commercial property deals as a result of many companies have opting to purchase buildings for their own use rather than opting to renting. Read the full story in an article titled Significant upswing in Owner-Occupied Commercial Property deals.

Although much has been said about the cons of the residential property market because of the negative factors such as the difficulty in obtaining home loans, high price of construction, increasing municipality costs and the claims by economist, Erwin Rode that the property market is over-valued by 20%, Bruce Swain, MD of Leapfrog Property Group begs to differ. Continue reading this article on Investors Have Faith in Residential Property.

After we had shared the following joke on our Facebook page some time this week:"The dream of the older generation was to pay off a home loan and the dream of today's young families is to get one", it has come to our attention that actually around the world, young working people are increasingly attracted to home ownership rather than renting. But how easy is it for them to qualify for home loans? See an article titled More young guns set their sights on ownership to find out what Berry Everitt, MD of the Chas Everitt International property group says about this.

Talking about Facebook, because we care about our Newsletter readers and clients, we at Tivvit Solutions have decided to reward you for your Real Estate general knowledge. We are giving away R250 gift vouchers to the sharpest knives in the Property industry's drawer. Visit our website for more details.

Enjoy!
The editor


Property of the Week

Blue Valley Golf Estate, Midrand, Gauteng, South Africa
4 Bedroom home in Blue Valley Golf Estate

News

Significant upswing in Owner - Occupied Commercial Property deals
Many companies have proven that owning commercial real estate used by their closely held businesses can provide them the advantages of stable rents for their businesses and appreciation for themselves...

Stock shortages prevalent in South African residential property sector
A high proportion of South African residential property marketing agencies face a new and very difficult problem right now; stock shortages...

Residential house prices on the rise
Due to the unprecedented influx of first-time buyers, the over-supply of homes on the market in 2013 has now virtually resulted in a shortage of middle income homes for 2014...

More young guns set their sights on ownership
Around the world, young working people are increasingly attracted to home ownership rather than renting – and in fact are often skipping the rental step altogether...

Increased tourism will lead to increase in foreign buyers
The latest figures (November 2013) from Stats SA show that income from tourist accommodation figures have increased year on year by 12,8%...

Investors Have Faith in Residential Property
Much has been said about the residential property market that could lead buyers and sellers to believe that it's in trouble; from the high price of construction to increasing municipal costs...

'Bargain' homes can be money pits
Buying a “fixer-upper” can save you money, and possibly put you in a preferred location for a lot less than you thought. And they are definitely worth looking at because...

Implications of buying to renovate
With the slight upturn in the economy, agents are once again finding that purchasers are buying to renovate, and there seems to be more people renovating their existing homes...

Writing on the wall for bad tenants
Residential rentals are rising due to a growing shortage of rental stock and things are looking up for landlords...

The benefits of investing in property
Over the long term very few investment vehicles have the same benefits as property when it comes to building a base for personal wealth...

Successful building turnaround
When Propell was first approached by the body corporate of the Punta Montana sectional title scheme in Elfindale, there were numerous serious problems that need to be sorted out, and the scheme was in danger of losing value because of its state of disrepair...

Holiday accommodation demand
Knight Frank Residential SA’s holiday villa service has experienced an increase in demand for accommodation on the Atlantic Seaboard, and there seems to be a rising trend for upcountry and overseas buyers who have bought holiday homes here...

Maximise your investment in an office park or industrial development
In good times and in bad times there are ways to squeeze out the maximum of benefits when it comes to developing an office park or industrial park – or even just a standalone building...





Like us on
Follow us on

Quick Links

Tivvit extras!

Search For Properties by area

1. Western Cape
2. Garden Route
3. Northern Cape
4. Eastern Cape
5. KwaZulu Natal
6. Free State
7. North West
8. Gauteng
9. Mpumalanga
10. Limpopo

Focus On

Midrand, Gauteng, South Africa
Midrand, a relatively modern city situated in the Gauteng province, has experienced much growth in the last decade. Many businesses have relocated to Midrand due to its proximity to good highway links and its location in the economic centre of Gauteng Province...

>> View properties in Midrand

In The Area

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

  • Western Cape
  • Midrand
  • Kleinmond
  • Rondebosch
The year ahead looks positive for Western Cape agents
Last year seemed to bring about a turning point in the real estate business, with many real estate agents and principals reporting that they found mortgage loans easier to access...

Many more upmarket buyers for Midrand
Popular among young homebuyers for its convenient location between Pretoria and Johannesburg – and particularly so since fuel prices began rising steeply...

Kleinmond harbour upgrade reels in tourists, new residents
The development upgrade of the small boat harbour in Kleinmond in the Overstrand area of the Western Cape is putting a new gloss on the local economy...

Rondebosch demand and prices up
The majority of those buying in the Rondebosch area continue to be families looking to be in the catchment area for the good schools and to be close to UCT, and because of this high demand, prices are increasing steadily...

 

CyberAgent, the real estate software solution

CyberAgent Anywhere Introduction Video

If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.tivvit.com or email: sales@tivvit.com

To the Editor

Share your comments with us by sending it to news@tivvit.com


Get in Touch
Tivvit Property Count 13/02/14

Search Now

Properties for Sale:  99,369
Properties to Rent: 8,876


"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."

Unsubscribe from newsletter