The property market ended on a high in 2013, showing an increase in house prices, bond sizes and bank approval rates.
Only 53.3% of credit-active consumers in South Africa are in good standing. Is your credit record clear?
Highest number of bond approvals recorded last month since October 2008.
Women are changing the face of the historically male-dominated property market.
Applicants appear to be downscaling as well as relocating — mainly to Cape Town.
The average house price is now over R800 000, which means it’s not that easy for one person to buy a home. A possible solution? Co-ownership.
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/ 21 February 2011
First-time buyers are making a steady return to the residential property market in South Africa, according to new statistics.
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/ 20 January 2011
First-time buyers may find it more affordable to buy a home.
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/ 9 December 2010
An insurance policy shouldn’t be calculated on what you paid to buy, but on what it would cost to build the property to the same standard.
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/ 30 November 2010
South Africans appear keen to buy properties with eco-friendly features.
If you are self-employed or run your own business, you’ll know the frustration of having to jump through hoops to get a bond. It’s not easy.
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/ 1 September 2010
Credit’s reputation has taken a knock, following the sub-prime mortgage crisis in the United States and rising levels of indebtedness in South Africa.
Banks keep lowering their lending criteria and house prices keep going up.
Failed property sales are growing as many buyers are unable to secure enough financing, bond originator ooba said on Monday.