BLUE DOOR NEWS :: July 2010 - Edition 4
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News from Dormehl Property Group

July 2010 and we are passed the first six months of the year. Here at Dormehl Property Group we’ve showed exceptional growth over the first six months. Just for the month of June 2010 we’ve opened three new offices and have close to 3,000 properties for sale and to let listed on our website. The Dormehl Group of real estate professionals has truly shown that they are a force to be reckoned with.

Last month we reported that the cost of running a home is fast becoming a key challenge. Various factors like increasing costs of electricity, municipal rates etc. contribute to an onward, growing demand for small and medium sized homes. The tendency of small and medium sized homes escalating in price at a faster rate than large homes has been with us for more than a decade. Will there be a market for that dream ‘palatial home’ in months to come? Read more in House sizes

Good news! Property price indicators shows a continue recovery in the housing market. However, when applying for a home loan it is crucial that home buyers ensure they are in the best position when making an offer. According to Saul Geffen, CEO of ooba – South Africa’s leading bond originator – consumers stand a much better chance of having their bond approved if they use a mortgage originator. SA Property Market Back in Full Swing

As the 2010 Cup slogan goes, "Feel it, it’s here." Well, I have felt it, because I am here. Thank you South Africa for giving me this unexpected gift, I am humbled. This is part of an article that was published in The Huffington Post and I as a proud South African just have to share it with the Dormehl Property Group clients, friends and colleagues. South Africa rolls out the Ubuntu in Abundance.

Enjoy
The Editor

News

News from the editor

House Sizes

Owen Dormehl, CEO of Dormehl Property Group says "The tendency of small and medium sized homes escalating in price at a faster rate than large homes has been with us for more than a decade. This trend is not motivated by varying mortgage lending rates but is driven by purchasers considering the other periphery costs of home ownership...

ooba - SA Property Market Back in Full Swing

Property price indicators from all of the major lenders have demonstrated continued recovery in the housing market. However, when applying for a home loan it is crucial that home buyers ensure they are in the best position when making an offer...

Market News

South Africa Rolls Out the Ubuntu in Abundance

I went on a rant the other day regarding the cost of the 2010 World Cup versus all the critical needs South Africa is facing and whether or not the most vulnerable of this country would gain anything from having the World Cup hosted in their country. At that time, I also had some very positive things to say about our hosts for the 2010 World Cup and I wanted to share that side of the coin as well, because it is equally important...

Relegation Zone

Owen Dormehl, CEO of Dormehl Property Group says "April's double digit house price increase is positive news indeed. Hopefully it will endower our major banks with the confidence they require to now further relax their lending criteria which in turn will have the much needed knock-on effect of assisting with the momentum required to sustain this early evidence of real estate price growth...

New Data Reveals Interesting Trends Around Racial Demographics of SA Property Buyers

ooba, South Africa's leading bond originator says data it has collated around home loan applications over the past three years reveals some interesting trends around the racial demographics of property buyers in South Africa...

A Recruiter's Perspective on the Real Estate Industry

Wow, the folk in this industry are energetic, articulate, organized and self-disciplined, they are so hungry to succeed and really work outside the traditional box!

The vehicles I have seen being driven by these folk fall into categories ranging from comfortable to luxurious, and the properties on their portfolios are incredible...

Deposit Useful When Applying For a Home Loan

More than a quarter of South Africans polled in a PropertyGenie.co.za survey on behalf of ooba - South Africa's leading bond origination company, do not feel that it is reasonable to have to put a deposit down when buying a home...

CEO's pick of the month

Ideal for the growing family...

This lovely face brick home offers one of the few flat stands in Empangeni. This property offers 3 large bedrooms with two modern bathrooms - one being en suite. The newly fitted oak kitchen has granite tops and fitted stove. The property has a large guest suite which could be a potential granny flat.

The pool is safely fenced off and the property is fully walled..

This home is in Grantham Park which is close to local primary and secondary schools, a small shopping complex. .

Price : R 950 000

Contact:

Chantelle: 082 450 5693
Jacqui: 079 873 4093
Maureen: 072 751 6333

 
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