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Millennials were a silver lining during another tough year for the local property market. Sandra Gordon, senior research analyst for Pam Golding Properties, explains the reasons why and looks at how young homebuyers are contributing to the renewal of CBD’s in our cities.
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New Act will force regulator to issue FFC’s faster The new Property Practitioners Act places a mandatory timeframe on the industry’s regulator to issue new Fidelity Fund Certificates. Robert Krautkramer, director with legal firm Miltons Matsemela, explains how this will work. |
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Speakers Corner There appears to be divided opinion among estate agents on whether the ‘No FFC no commission’ ruling should be fought or not. One of the main concerns is that overturning the ruling will make it easier for unlicensed agents to practice.
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Don’t worry too much about interest rate movements Potential buyers should not spoil their own chances of becoming home-owners by worrying too much about interest rate movements or property market cycles.
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Will 2020 be a turnaround for property sellers? Two to three years ago the property market was all about sellers, rising prices and the tale of two cities with Cape Town on a high performance trajectory with no price too high for upper end sellers.
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