WP You Lekka Ding!
Also: Just noticed a massive dump of property on the Atlantic Seaboard this week. Selling season is officially here.
30 October 2010
28 October 2010
Same House: R800 000 Price Difference
I know the property market is volatile and agents will differ on the selling price of a property but R800 000? Really?Leapfrog - R2 950 000.
Ronnie Matthews - R3 750 000
Either that or there was a massive asking price drop and not everyone was informed.
26 October 2010
From The Comments
Just attended an auctionalliance auction. 313 Empire went for 2.1m + fees. Originally sold for 3.4m in 2007. And that's an awesome flat...
24 October 2010
22 October 2010
Blast From The Absolute Past: Fernwood
Here's a 3 bed house for sale in Fernwood for R12.5 million. If anyone thinks the bubble is over, back in 2006 (seriously that's like the fourth article we ever wrote for this blog) it was on the market for R6.5 million.Back in 2006 the going rent on this place was R16 000/month. I wonder if the rent it attains now will cover the R125 000/month bond payment?
Also... tweleve bar and only three bedrooms?
16 October 2010
09 October 2010
07 October 2010
Parklands: Where House Prices Go To Die
Here's a bank repo property in Parklands with an asking price of R699 000. According to the ad in 2006 it sold for over a R1 000 000... Oh well... that's Parklands.
02 October 2010
Saturday Open Thread
It's the regular Saturday Morning Opening Thread. This weeks conversation topic: One more interest rate cut? Yes/No?
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