Contemporary lifestyle in Killarney

Contemporary lifestyle in Killarney. The picturesque suburb of Killarney, north of Johannesburg continues to be a sought after home location, thanks to its eclectic mixture of architectural styles, and contemporary community lifestyle. Conveniently located just off the M1 freeway with easy access to the Johannesburg CBD and neighbouring suburbs including Melrose, Rosebank, Parktown, Braamfontein and …

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No recession for commercial and industrial development

No recession for commercial and industrial development. Good news for the commercial and industrial property sector. While residential and retail property take a huge knock, Stats SA revealed earlier this month that the star performer during the 2nd quarter of this year has been construction. Despite South Africa slipping into a technical recession, activity in …

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Home builder pulling back

Home builder pulling back. USA – Home building giant Lennar is reportedly looking to sell its real estate lending arm, Rialto Capital, as builders continue to face a stagnant housing market, The Wall Street Journal reports. Lennar has declined to comment publicly on the recent news reports, but in an investor call last week and …

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Mortgage applications fall

Mortgage applications fall. USA – Extremely weak demand for mortgage refinances has been driving the overall drain on mortgage lending. Refinance volume is highly rate-sensitive, and interest rates are now about a full percentage point higher than they were one year ago. In order to afford more home, more homebuyers are turning to riskier, adjustable-rate …

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Get better prices with sole mandate properties

Get better prices with sole mandate properties. The differences between the two types of mandates may seem quite obvious: a sole mandate gives a single agent the exclusive right to market and sell your home, while an open mandate allows any qualified agent to find you a willing buyer. As a seller, you’ll need to …

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