Mail & Guardian
Mail & Guardian
oobalatest news & developments

Property market shows growth in 2013

The property market ended on a high in 2013, showing an increase in house prices, bond sizes and bank approval rates.

Nine tips to keep your credit score healthy

Only 53.3% of credit-active consumers in South Africa are in good standing. Is your credit record clear?

Banks continue to relax lending criteria

Highest number of bond approvals recorded last month since October 2008.

Sharp increase in single women buying homes

Women are changing the face of the historically male-dominated property market.

Increase in bond applications and approvals

Applicants appear to be downscaling as well as relocating — mainly to Cape Town.

Could co-ownership work for prospective buyers?

The average house price is now over R800 000, which means it’s not that easy for one person to buy a home. A possible solution? Co-ownership.

First-time buyers ‘return’ to property market

First-time buyers are making a steady return to the residential property market in South Africa, according to new statistics.

‘Perfect storm’ for prospective buyers

First-time buyers may find it more affordable to buy a home.

Renovating your house? Beware underinsurance

An insurance policy shouldn’t be calculated on what you paid to buy, but on what it would cost to build the property to the same standard.

Can going green improve your property’s value?

South Africans appear keen to buy properties with eco-friendly features.

Self-employed? Don’t give up on buying property

If you are self-employed or run your own business, you’ll know the frustration of having to jump through hoops to get a bond. It’s not easy.

How credit can create wealth

Credit’s reputation has taken a knock, following the sub-prime mortgage crisis in the United States and rising levels of indebtedness in South Africa.

Prices benefit from relaxed lending

Banks keep lowering their lending criteria and house prices keep going up.

Bond originator sees more failed property sales

Failed property sales are growing as many buyers are unable to secure enough financing, bond originator ooba said on Monday.