MPCS ACCOMMODATIVE APPROACH POSITIVE FOR HOME BUYERS

Given the vulnerability of South Africa’s economy in the wake of last week’s unrest, as anticipated, the Monetary Policy Committee adopted an accommodative approach by deciding to keep the repo rate steady at 3.5%, which leaves the prime rate at 7%, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “That said, […]

REMOTE WORKING IS INFLUENCING PROPERTY DECISIONS

With the arrival of Covid-19, a real life, remote working experiment has been put to test, and whilst it has had its challenges, such as the loss of control and a sense of disconnection amongst peers, it has also opened our eyes to the potential of employees working effectively from home, supported by smart IT […]

MILLENNIALS ARE DOING IT FOR THEMSELVES (SMALLER IS BETTER)

There is a seismic shift in the residential property market, much of which is attributable to the upsurge in demand from the Millennial generation, who for the past five consecutive years have represented the largest share of the home buying market. Late to home buying compared to previous generations – with many either living at […]

6 THINGS TO REMEMBER WHEN SELLING YOUR HOME

Selling your property can be an overwhelming affair, even for the most seasoned investor. That is why we’re here to ensure that you experience moving home differently. Being prepared for the nuances in advance can help ensure a smoother process, and will help you steer clear of the most common pitfalls. Bond cancellation notice – banks […]

PAM GOLDING PROPERTIES IS BEST INTERNATIONAL REAL ESTATE AGENCY AND BEST REAL ESTATE AGENCY IN AFRICA

Hot on the heels of being awarded Best Real Estate Agency in South Africa 2020-2021 (over 20 offices), Pam Golding Properties has received global recognition by being awarded Best International Real Estate Agency and Best Real Estate Agency in Africa (2020-2021) in the world-renowned International Property Awards. Open to property professionals from around the world […]

RESIDENTIAL PROPERTY REMAINS A SOUND OPTION FOR INVESTMENT

The Covid-19 pandemic and lockdown has prompted many people to reassess their priorities and make changes and life choices that reflect a more balanced and, in some cases, even a more cost-effective lifestyle. This shift is particularly evident in the residential property market, with numerous transactions since the hard lockdown mirroring this trend, says Dr […]

UNCHANGED REPO RATE PROVIDES STABILITY FOR HOME BUYERS WITH MORTGAGES

With all indications that the Monetary Policy Committee would retain the status quo, it was no surprise that the decision was taken to leave the repo rate unchanged at this month’s (May 2021) meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “This provides stability to the market in respect of aspirant […]

DISPELLING EIGHT KEY MYTHS AROUND BUYING AND SELLING PROPERTY ON AUCTION

While in general, auctions, including on-line auctions, have for some time been an accepted way of marketing and selling residential property to an ever-growing audience, there are still a number of misconceptions which exist, which have prevented home buyers from embracing what is an attractive and highly beneficial sales channel, says Tania Smit, head of Pam […]

HISTORICALLY LOW-INTEREST RATES STILL REPRESENT A BUYING OPPORTUNITY FOR ASPIRANT FIRST-TIME HOMEOWNERS, SAYS DR ANDREW GOLDING

With South Africa’s inflation rate below the lower limit of the inflation target at 2.9%, and local inflationary expectations remaining well-anchored, it was expected that the Monetary Policy Committee would keep the repo rate unchanged, says Dr Andrew Golding, chief executive of the Pam Golding Property group. Says Dr Golding: “This means that the prime […]

WHAT DEFINES A LUXURY HOME IN TODAY’S WORLD?

While the concept of ‘luxury’ means a variety of things to different people when it comes to their primary residence – particularly since the advent of the Covid-19 pandemic and ongoing levels of lockdown – there are several key factors which buyers seek when buying a luxury home. And, says Tania Smit, who heads up Pam […]