Dos and don’ts when buying property with family

And how to avoid the pitfalls. Buying property with family can be a solution on a multitude of fronts – the elderly are cared for, costs are shared … But things can go wrong, and when they do they can ruin your most precious relationships. So, what are the “dos and don’ts”? Shaun Dubois of […]

Steps to take after you sign an offer to purchase

A look at what needs to happen between making an offer and the transfer of ownership. Your bond might cover the full purchase price of the property, but you will need to make sure you have enough cash to pay the various fees and other expenses. Prospective home buyers get a lot of advice about […]

Predictions for the 2021 property market

As we near the end of an unprecedented year, Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, looks ahead and predicts yet another year of mixed results as we continue to navigate through the after effects of the national lockdown and continue to battle against the pandemic. Low-interest rates mean high sales […]

First-time buyers flock as Cape Town market becomes more accessible

In recent years, first-time buyers have been increasingly excluded from the Cape Town market as double-digit growth saw prices skyrocket and property in many areas become inaccessible, especially to younger buyers, but a bullish buyer’s market and record low-interest rates have precipitated a notable shift. According to Lightstone, many first-time buyers are going straight for […]

Residential rental price crash continues

After inflation, the picture looks particularly dire. Rental price growth hit a fresh all-time low for the second consecutive quarter in Q3, according to the PayProp Rental Index. Growth between July and September measured just 1.5% year on year, compared to 1.6% in Q2 – the lowest since the index was launched in 2012. It […]