Month: October 2023

Sea Point, Cape Town Listed Among The 40 Coolest Neighbourhoods In The World

According to a ranking by timeout.com, Sea Point secured its place among other trendy neighborhoods across the globe. This accolade highlights the appeal and charm of Sea Point, located in Cape Town. Nestled between Signal Hill and the Atlantic Ocean, Sea Point is an affluent and densely populated suburb with its own unique character. The...

How To Stand Out In A Crowded Real Estate Market

In today's bustling property market, distinguishing yourself as an estate agent is crucial for success. A unique brand, cultivated through careful strategies, can set you apart in the eyes of potential clients. We explore the ways you can create a distinctive identity and thrive in the crowded real estate market in South Africa. Create a...

MORCSA advocates for a regulated Bond Origination sector and a member fee

MORCSA the independent body established to organize and represent the bond origination industry are in talks to figure out which authority should regulate the industry and how. To fund their operations, they will charge a small fee on every registered home loan, starting from January 1, 2024. MORCSA, which stands for the Mortgage Origination Regulatory...

Economists Predict Another Interest Rate Hike For South Africa In Nov 2023

Economists from Bank of America (BofA) are saying that in November 2023, South Africa is likely to experience another prime interest rate hike by a small amount (25 basis points). The South African Reserve Bank kept the repo rate steady at 8.25% during its September 2023 meeting, as anticipated, but emphasized that the fight against...

The value of Global Real Estate significantly dwarfs the storied allure of Gold

The value of all global real estate (residential and commercial real estate, and agricultural land) reached $379.7 trillion in 2022. That's according to a report published by international real estate advisor Savills. And by comparison, Gold, with its accumulated value of $12.2 trillion, signifies a fraction, merely 3%, of the vast expanse of global real...