Millennial property buying trends
In recent years, the global trend has been that millennials have become a significant share of homebuyers. However, the National Association of Realtors statistics show that 34% of homebuyers in the US in 2017 were millennials, with as much as 66% of these being first-time homebuyers.
See below, an infographic that explains millennial home-buying trends.
Latest…
General, Lifestyle
Showing off on show day
Although many prospective buyers test the market online these days, most want to physically visit and experience a property before making one of the biggest investment decisions of their lives. This means that show houses are just as important as ever, says Tyson Properties CEO,...
Read MoreGeneral, Lifestyle
An expert guide to purchasing property from a deceased estate
Purchasing a property from a deceased estate is no ordinary property transaction. While there might be a great opportunity to buy a home at an attractive price, it’s essential to understand the complexities involved, including the possibility of prolonged waiting periods, says Andrea Tucker, Director...
Read MoreGeneral, Lifestyle
How financial institutions can assist with easing the burden of bond repayments
Purchasing a home is a significant financial commitment that requires careful planning and long-term dedication. When taking out a bond or mortgage, potential homeowners agree to repay the borrowed amount with interest over a specific period. Managing bond repayments is crucial for maintaining a good...
Read MoreGeneral, Lifestyle
Designing the ultimate backyard entertainment area
Summertime is synonymous with outdoor gatherings, garden parties and the national South African pastime, the ubiquitous braai and creating the ultimate backyard space for these occasions not only enhances your enjoyment of your home, but also its value. “We’re blessed with the perfect climate for outdoor...
Read MoreGeneral, Lifestyle
Experts unpack residential rental challenges
While the demand for residential rentals in South Africa is rising, so is the number of defaulting tenants. The depressed economy, interest rate hikes, and the pandemic’s lingering impact on jobs and income, are contributing to an increasing number of South Africans failing to pay...
Read MoreGeneral, Lifestyle
How load shedding is impacting the property market in South Africa
Load shedding continues to significantly reshape the attitudes of homeowners, and the expectations of buyers and sellers, in the South African property market. This is according to Renier Kriek, Managing Director at Sentinel Homes. “Enjoying one’s home to the greatest extent possible during blackouts and...
Read More
No Comments