Ashwell Bartman

Open Realty / Candidate Property Practitioner
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Estate Agent Property News Articles
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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How AI is being used to scam property buyers and sellers
Technology
How AI is being used to scam property buyers and sellers
20 Nov 2024
The integration of artificial intelligence (AI) in real estate has revolutionised property transactions, offering tools for better property analysis and customer engagement. However, criminals are exploiting these advancements to perpetrate sophisticated scams that can be used to target property buyers and sellers in South Africa.
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Important red flags in property deals to look out for
Market & Opinion
Important red flags in property deals to look out for
17 Jul 2024
Learn how to spot important red flags in property deals to avoid scams. Verify agents, confirm property ownership, and be cautious of fake listings. Stay vigilant and protect your investment.
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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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