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Apr
28
Housing prices will continue to rise over the coming years. The pace of these rises, however, will slow down considerably. High interest rates, tighter access to loans and a cooling labour market are the factors that will reduce demand. Supply, on the other hand, seems to have peaked and is likely to diminish over the next years - which should help stabilise real estate prices. A turn-around is expected in the market in 2009 when interest rates start to fall again and a new upward cycle begins ...Read the rest of this entry »
Apr
27
Jumping in at the deep end is never anything anyone wants to do in any aspect of life, and if you've taken the decision to move homes, then this is obviously one of those. Typically compared in relation to stress levels as a wedding or death of a loved one, moving homes can be a nightmare if you're not well prepared. So what better way to start the process than a good, solid beginning? The sale of your property should be a happy or perhaps bittersweet affair, and the stress should be on anyone ...Read the rest of this entry »
Apr
26
When looking to purchase a home, you may hear about "steals" or "great deals" which can be very tempting when you are preparing to spend large sums of money on what could very well be your biggest purchase, ever. But before you jump at the first offer, take a look at the following tips that could just keep your money AND your mind in check:
* BE COMFORTABLE WITH YOUR REAL ESTATE PROFESSIONAL. A legit real estate professional should always put an investor's interest first. However, if the real ...Read the rest of this entry »
Apr
25
If the time has come for you to sell your home or perhaps another piece of property, one of the most expensive things you will have to contend with is the cost of advertising. An area that many people are turning to today to help them save money and reach a larger audience of people is the Internet. While some of these sites may charge you to advertise your property, the cost is much less than anything you could pay with a regular print type company. If you do choose to advertise your property ...Read the rest of this entry »
Apr
24
Old spacious homes with large gardens, swimming pools and garages are the norm in Durban North, the sought-after suburb that is ever popular with both the well-heeled and the upwardly mobile, particularly those with young children. Donovan and Angela Vernes bought their Durban North family home in 2004 for R1.2m. The Vernes's house has four bedrooms, two bathrooms and a double garage. The property also has a granny flat on its generous erven. Although the house needs a little work, Angela says ...Read the rest of this entry »
Apr
24
Apr
23
Mortgage defaults in the Des Moines real estate market are all over the news, and home sellers are left wondering what will happen to their homes. Without the much needed level of subprime mortgages to balance out the market, how will home purchases rebound, or better yet, remain consistent? Home sellers will need to step up the game in order to entice new buyers to purchase their homes. It is no longer the simple task of finding a mortgage and buying, now, with mortgages being more tight ...Read the rest of this entry »