Eric Wopula

KW Dynamic / Agent
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Estate Agent Property News Articles
What to do when your home has been on the market for a while
Market & Opinion
What to do when your home has been on the market for a while
02 May 2024
Selling a home can be a stressful and challenging process, especially when your property has been on the market for an extended period. However, there are several strategies you can employ to increase your chances of selling your home. 
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Rental growth surges in Q2 2024
Market & Opinion
Rental growth surges in Q2 2024
03 Sep 2024
Rental growth in South Africa surged in Q2 2024, reaching its highest post-pandemic levels. The PayProp Rental Index shows year-on-year growth peaked at 5.2% in June, outpacing inflation for the first time in five years. While tenants face rising debt burdens, landlords and rental agents are seeing real-terms returns improve, signaling a potential recovery for the sector. Provinces like the Western Cape are leading the way, with rental growth hitting 11.7% – the fastest since 2017.
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Housing Affordability: How First-Time Buyers are Coping
Market & Opinion
Housing Affordability: How First-Time Buyers are Coping
09 Jul 2024
First-time homeownership remains a challenging goal for many South Africans, particularly the youth. Despite a brief period in 2020/21 when interest rates were cut to record lows, participation by young buyers, defined as those under 35 years old, has continued to decline steadily since 2010. This is according to insights from the latest FNB Estate Agents Survey that looks at understanding how first-time buyers are navigating a tight monetary policy environment.
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Navigating dual occupancy
Market & Opinion
Navigating dual occupancy
20 Jun 2024
The rising cost of living and a shortage of affordable housing options have left many South Africans seeking alternative solutions to make homeownership more affordable. One increasingly popular trend is dual occupancy, where homeowners either rent out a portion of their property or co-own a property with a friend or family member.
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