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17 May 2013

 
FROM THE EDITOR

In this week's newsletter, although there is as yet “nothing to write home about” when looking at house price trends in South Africa, there are now clear indications that residential property has regained some of its traditional appeal for investors. Read more in South African house price growth: "total picture" gives good reasons for optimism

Then find out how the expropriation of property in the public interest has recently been the subject of numerous court decisions, both nationally and internationally. This on Bill to harm property rights?

The recent celebration of South Africa’s twentieth year of democracy has brought issues of equality to the forefront. Get more details in Equality in Property Becoming a Reality

If you have been thinking of buying a property, this week we focus on Hartbeespoort , a small town and holiday resort situated on slopes of the Magaliesberg mountain. It is in close proximity to Johannesburg and Pretoria. Read more about this area on our Focus on section.

We also have some useful tips on How to handle financial distress

Enjoy!
The editor

In This Issue
Property of the Week


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South African house price growth: "total picture" gives good reasons for optimism
Although there is as yet “nothing to write home about” when looking at house price trends in South Africa, there are now clear indications that residential property has regained some of its traditional appeal for investors...

Property companies report mixed results
South Africa’s listed property sector advanced 0.5% during the week ending 10 May 2013, as bond yields drifted higher and the Rand weakened against the US dollar...

Equality in Property Becoming a Reality
The recent celebration of South Africa’s twentieth year of democracy has brought issues of equality to the forefront for the moment...

Reits seen as good for hotel investment

THE newly launched real estate investment trusts (Reits) structure in South Africa and the mobilisation of sovereign wealth funds for investment in Africa are likely to stimulate hotel investments on the continent...


Selling due to financial pressure decreases and upgradings increase
One of the most encouraging set of statistics to come out of the latest, ‘always excellent’, FNB Estate Agency Survey, says Bill Rawson, Chairman of the Rawson Property Group, are those relating to selling as a result of financial pressure...

South Africans are once again prioritizing home buying

South Africa’s real salary increases are set to rise by only 2,5% in the year ahead and credit of all kinds, not least for mortgage bonds for housing, is now harder to obtain...


Pundits see ‘correction’ occurring in listed property
ALTHOUGH commercial property pundits do not expect a crash in the sector following the industry’s strong run, some form of a correction could occur given a bond market that is unlikely to strengthen further...

Our latest round-up of house prices reveals some sharp contrasts

STOCKMARKETS around the world have been stimulated by ultra-loose monetary policy. The response of property markets—the biggest asset class of all—has varied...


Bill to harm property rights?
The expropriation of property in the public interest has recently been the subject of numerous court decisions, both nationally and internationally...

How to handle financial distress
The reality is that while economic conditions have improved and the property market is currently experiencing an uptick in activity, many homeowners are still facing tough financial situations due to high levels of debt and the rising cost of living...

The questions buyers should be asking themselves
Adrian Goslett, CEO of RE/MAX of Southern Africa says that not only is buying a property a large investment, but the often complex process can be an intimidating experience for many homebuyers...

Five good reasons for homebuyers to love agents

In today's real estate market, when homebuyers have access to such an abundance of advice and information online, it is easy to see how they might believe that they don't really need much help from estate agents any more...



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Focus On

Hartbeespoort Dam, North West - South Africa

Hartbeespoort is a small town and holiday resort situated on slopes of the Magaliesberg mountain and the banks of the Hartbeespoort Dam. It is in close proximity to Johannesburg and Pretoria...

>> View properties in Hartbeespoortdam
>> View properties in North West


In The Area

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

  • Century City
  • Vredehoek
Cape commercial property jogging on — but in Century City it is flying
When in the second quarter of 2011 the Rawson Property Group, the franchises of which were then almost exclusively involved in residential property (and, in a small way, auctions) decided to start Rawson Commercial, there was, says the group’s Managing Director, Tony Clarke, a feeling among certain onlookers that the Group was embarking on a dangerous voyage into unchartered waters...

Sophisticated buyers snapping up luxury pads in Vredehoek

Older buyers whose children have flown the nest are selling up their large family homes with sprawling gardens in favour of safer and more modern City Bowl pads...


Property News Continue

Recent amendments to the Sectional Title Act - affecting trustees and levies

On 14 March 2013 amendments to the Sectional Titles Act of 1986 were gazetted and became operational during the month of April...


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Tivvit Property Count 17/05/13

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Properties for Sale: 103,222 
Properties to Rent: 10,925 



"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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