Posted in Uncategorized on Dec 24th, 2007
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Thanks for visiting! This article on South African coastal properties it may have been written for Simon’s Town Property owners specifically:
South African coastal property prices remain weaker than the more primary-residence-driven non-coastal properties, new data showed recently.
Lightstone’s Residential Property Index showed that coastal property [...]
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Posted in Uncategorized on Dec 14th, 2007
With sales continuing to slow and stock levels rising, home sellers are apt to be much more receptive to offers at well below their asking price these days, but there is still a risk that they will be offended and call off any further negotiations.
Consequently, says Dr Willie Marais, national president of the Institute of [...]
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Posted in Uncategorized on Dec 11th, 2007
Business conditions in the residential building sector deteriorated significantly in the fourth quarter of this year, with growth well below expectations, yet the confidence of residential building contractors remained stable, according to the latest building confidence index released yesterday by First National Bank (FNB).
SimonsTownRealty: Sell, Buy A Simon’s Town Property? Phone Today 021-7864028 or 082 [...]
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Posted in Uncategorized on Dec 6th, 2007
Not only does it take a long time to sell Simon’s Town properties….the latest interest hikes will slow it even more. And there’s nothing that will make it quicker.
You know that Simon’s Town properties take about four months to sell and the latest interest hike to 14.5% will not help. From mid 2006 the repo [...]
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Posted in Uncategorized on Nov 27th, 2007
Coastal property prices increased from R315,200 in the first quarter of 2000 to R1,390,000 in the last quarter of 2007. This increase is around 21% per annum. Source ABSA Coastal Properties
This is some of the good news if we consider the facts as individual Simon’s Town property owners. But as you know being a popular [...]
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Posted in Simon's Town on Oct 29th, 2007
If you consider that during the last twelve months a Simon’s Town property owner had to earn more than R600 000 per annum to be able to register his home loan then they are not average. These, however are the less well-off home owners because more than 42% of them paid cash for their properties. [...]
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