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 […]

RELIEF AT NO INCREASE IN PERSONAL TAX

“Apart from the commitment made to the urgent rollout of the vaccination programme, of comfort to debt-burdened consumers is the announcement in the National Budget today that there will be no increase in personal income tax, but instead, a 5% adjustment in the personal income tax brackets which will combat fiscal drag and provide R2.2 […]

WHERE IS THE HOUSING MARKET HEADED IN 2021?

Dr Andrew Golding, chief executive of the Pam Golding Property group, comments: After the worst economic downturn in decades, further dampened by the recent tightening of lockdown restrictions in response to the second wave of the pandemic and the recommencement of load shedding, economic growth – while admittedly coming off a low base – is […]

LOCKDOWN IMPACTS BUYING TRENDS OF GENERATIONS OF HOME BUYERS

The Covid-19 pandemic and lockdown has been a catalyst for highlighting the different characteristics – as well as the commonalities of preference – among various generations of home buyers, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “While it’s obviously impossible to strictly categorise individuals according to age, it is interesting […]

‘QUARANTINE BUBBLE’ HOMES OF THE FUTURE?

During the pandemic, homes have become more than a sanctuary, they have also evolved into what is being dubbed ‘quarantine bubbles’, with many people now spending the majority of their time at home, working or studying. “As a result,” says Dr Andrew Golding, chief executive of the Pam Golding Property group, “it has become evident that […]

QUALITY OF LIFE WHEN IT MATTERS MOST

Retirement should be a time of relaxation and reflection; an opportunity to explore new pursuits and enjoy time with loved ones. But for many, deciding on where and how to retire can be extremely stressful. For the retiree, there are concerns about hidden costs and feeling isolated from friends and family. Affordability and quality of […]

ONGOING RESILIENCE OF SOUTH AFRICA’S RESIDENTIAL PROPERTY MARKET

The near-universal lockdown of global economies earlier this year (2020) as governments attempted to contain the Coronavirus is unprecedented, with the social and economic consequences of the initial lockdown and subsequent gradual easing of restrictions still unfolding, making predictions in terms of the economy – and South Africa’s housing market – extremely difficult. The level […]

PAM GOLDING AUCTIONS LAUNCHED

Pam Golding Properties has added another digital string to its bow with the launch of a new in-house division, Pam Golding Auctions, powered by BidX1. Says Dr Andrew Golding, chief executive of the Pam Golding Property group: “This new online auction initiative provides sellers with an additional, highly effective channel to market their homes to […]