Articles

Is Port Elizabeth SA's next Investment Hotspot?

Top 10 Suburbs

Get into property with right attitude (Business Day - 6 June 2008)

SA housing market still 10th best

Five Property Investment Rules - 20 April 2007

This is stunning !!!!!!! Once again Sirius will help you do this.

Rental Market Recovery In Sight - 2 April 2007

Investors can expect to see healthy income growth on their buy-to-let properties over the next 12 months as demand for lower and middle priced rental accommodation starts to outstrip supply.

Buy-to-let Investors Go Cheaper - 28 March 2007

Buy-to-let property investors are setting their sights on the lower end of the market, driving up demand in residential suburbs that are ripe for refurbishment and new developments.

Soshanguve best price growth suburb - 29 March 2007

More than 70% of property sellers aren’t able to sell their homes at the asking price, further confirming that buyers have the upper hand in the property market.

Building Headroom in Property Prices - 20 March 2007

In the lower and even middle ranges our property market, demand may well still be outstripping supply. The steady economic growth of 5% annually (ex-agriculture) is adding formal jobs, probably at a rate of some 300 000 annually.

Residential Property Outlook- Ian Fife - Financial Mail February 2007

The shortage of development land, construction skills and materials combined with relentless growth of the black middle class, mean that house prices and rents will grow for at least the next five years...

Building costs set to surge - 30 January 2007

Those considering building a new house, best do it sooner rather than later. New housing supply is expected to drop off dramatically over the next 18 months...

Investor confidence rising - 28 January 2007

The past year saw property buyers and investors having to come to terms with a 2% increase in interest rates and a drop in unit sales.  However, confidence in the Cape residential property market remains high and has led to further price rises...

Residential rental increases reach three-year high - 19 January 2007

Few years of Capital Growth now Rental Growth. Landlords are always in the money ! ...

Buy to let or fret - Personal Finance - January 2007

I find it amazing how ignorant people are when it comes to this game. It's actually not just people but highly rated people in the industry.

I mean we've had a boom and it doesn't seem as though the difference between investors and speculators is even understood here.

The other fundamental is the tax issue which accounts for between 30 and 40 per cent of many incomes. In this comical article it is expressed how property can really be a cash drainer and then tax is added to the expenses. Last time I checked taxes are paid on profits.

Anyway, a few fundamental errors help keep the masses out of this lovely game. Interesting from an organization that from an affordability point of view, encourages you to spend the same cash flow on your car and house. Wealth Creation 101 !!!!

Regards
Wayne

New Bill will benefit property landlords - Business Day - January 2007

The long-delayed amandments to the Prevention of Illegal Eviction from and unlawful occupation of Land Act has finally been published in the Government Gazette for public comment...

House prices on the way up as economy booms - January 2007

The rate at which house prices increase should bottom this year. It matters little whether you accept ABSA Bank senior economist Jacques du Toit's estimate that this year's average year-on-year house price increase will be between 8% - 9% ...

Producer inflation dip - Business Day January 2007

Producer inflation slowed last month surprising on the downside as oil prices moved lower...

Think big when it comes to property - December 2006

Just when we thought it couldn't look better!

Home prices hits the skids - December 2006

The South African residential property market is expected to stay stagnant for at least the next six months as rising interest rates and increased living costs affect people's ability to pay higher house prices...

Property's past, present and future - December 2006

Chatting to the experts from ABSA and FNB and reviewing the property market during 2006 leaves one feeling positive for the future...

Property News - December 2006

While sales activity in Newton Park in Port Elizabeth reflects buyer interest in the suburb, the wheel has turned for sellers who can no longer command high prices for their properties just because they have commercial rights...

Property Catch 22 - October 2006

So, the black beast of interest rates returns to haunt property. Absa property economist Jacques du Toit is projecting a prime overdraft rate of 12.5% by early next year – up 2% since May…

Decanting the outlook - October 2006

Joe Public must be confused. Each day bank economists and other self-styled experts like estate agents add their two cents to the swirling and low-quality media debate on what will happen to the love affair with SA property now that growth rates are cooling…

Spending Frenzy Fears - October 2006

With interest rates widely expected to increase next month and again in December, the emerging black middle classes will have no choice but to tighten their Gucci belts. But, at the same time, they aren’t going to find it easy to reduce their spending…

Be streetwise before buying to let - September 2006

Interesting read - amazing how many people still think you have to put deposits down. See his comment 'fortunate buyers able to pay cash'. We know that using the banks money you can get 10 houses with R500k cash, rather than just one.

I do like what he says at the end in terms of having reserves for maintenance and tenant issues. The rewards are great, but you will have to take some knocks along the way…

Putting PE back on map - September 2006

While most cities and larger town have had more than their fair share of building and construction activity in recent years, South Africa’s development boom has completely by-passed the Eastern Cape coastal city of Port Elizabeth…

House Prices Expected to drop in real terms - August 2006

Some people still don't apply rental and gearing to their real growth calculations.

I find it amazing how after the last six years of publicity most people still wish to ignore fundamental mathematics.

As Ian Fife says in the latest Property Professional it seems as thought the money is about to move from the "innocent to the smart".

I can't believe how the market is giving us another chance…