Purchasing a property is a significant financial investment and there are a number of processes to complete before the sale can go through; from getting pre-approval for a home loan to submitting an offer to the seller, to finally signing the sales agreement.
Many individuals who already own more than one property mistakenly overlook key principles of wealth creation that could potentially unlock their ability to grow their property portfolios.
Low growth in household credit and mortgage balances in the first half of 2017, with home loan repayments showing homeowner financial strain.
The latest Property Sector Market Size report by the Property Sector Charter Council research report shows that the sector in South Africa is estimated to be valued at R5.8-trillion.
There can be no arguing against the fact that the provision of affordable housing is a vital component of the social transformation and empowerment efforts of local and national governments across South Africa.
There can be no arguing against the fact that the provision of affordable housing is a vital component of the social transformation and empowerment efforts of local and national governments across South Africa.
News broke last week that The Fitch ratings agency could affirm SA’s rand-denominated credit rating one level above junk at BBB-, a move that no doubt makes us question what this means for the property development and real estate sectors.
National property management company Trafalgar has just announced the acquisition of Table View-based managing agency Browmann Property Management.
Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported sound results for the financial year ended 28 February 2017, declaring a dividend of 97.24 cents per share, up 7,1% on the prior financial year and in line with the Group’s growth forecast.

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