Thursday, 27 February 2020 22:13

Consumers get more than expected

Herschel Jawitz, CEO of Jawitz Properties, believes that from a consumer point of view the 2020 Budget is significantly better than that of 2019, especially against what was expected.

Herschel Jawitz has cautiously welcomed President Ramaphosa’s State of the Nation address, which addressed most of the critical issues facing the country but not necessarily in enough detail.

Friday, 15 February 2019 11:27

Predicted change is here

Herschel Jawitz, CEO of Jawitz Properties, Chris Renecle, MD of Renprop and Dr. Andrew Golding, chief executive of the Pam Golding Property group, do all agree that the residential market is in for an interesting time in 2019 in South Africa.

Annual promotion curates the world’s most stunning real estate listings.

The current residential market continues to reflect the state-of-the-nation and the economy, both in terms of price growth and the level of consumer and business confidence.

The residential market up until 2015 was essentially a sellers’ market driven by low interest rates, strong demand from buyers and a shortage of stock.

Thursday, 25 February 2016 12:16

Transfer duty on property

Adjustments to transfer duty on property in the 2016 national Budget are to impact only the upper end of the residential property market.

The latest ruling by the Supreme Court of Appeal relating to rates and taxes on a property is most concerning for property buyers and could have lasting implications regarding the risk of ownership. 

Dr Andrew Golding CEO of Pam Golding Property Group and CEO of Jawitz Properties Herschel Jawitz comment on the impact of the 25 basis point interest hike on the property market.

Thursday, 30 January 2014 11:36

Impact of interest rate increase on property

Property doyens comment on the impact the 50-basis repo rate increase will have on property.

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