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The Real Estate market in many cities across the world is facing unprecedented challenges. The prices have risen so high that most of the buyers have been priced out of the market. The sellers have somehow anchored themselves to these irrational prices. The end result is that prices do not seem to be coming down. […]
Any business school student is familiar with Maslow’s hierarchy of needs. It is a theory comprising a tiered model of human needs. From the bottom of the hierarchy moving upwards, the intrinsic needs start from physiology, safety, love & belonging, esteem, and are elevated to self-actualization reflecting the insatiable disposition of people in general. […]
The allure of a serene, picturesque private dwelling in a stunning location away from hustle and bustle is simply irresistible to everyone. Those who are advantaged to have one will go to great lengths to make the property more appealing by enhancing the interior with beautiful decorations, exquisite furniture, and breathtaking exterior well-manicured lawns. Owned […]
A joint venture (JV) involves two or more businesses pooling their resources and expertise to achieve a particular goal. The risks and rewards of the enterprise are also shared. Typically, a joint venture in real estate entails a partnership between a landowner and a developer. Each party in a JV usually makes a substantial contribution […]
In Kenya, the real estate industry is a free market where the price of housing is driven by supply and demand. The higher the demand, the higher the prices and inverse apply as well. Over the last couple of years, the Kenyan economy has witnessed an exponential growth of the middle-class. The growth of the […]
When we think of decorating or designing our homes, we spend endless hours imagining the furniture, colors, and layouts but we may overlook the same amount of effort on lighting. Often lighting is left to the last minute and doing this can make a space look odd, incomplete, or completely impractical. Here’s what to do […]
A sales agreement is a legal contract that serves as the official document in the transaction of real estate property. If you are an aspiring homeowner, you will probably come across it in your quest to buy a home. Sales agreements generally outline the conditions of sales as agreed between the sales parties, in the […]
30% of phase one units sold in two months First 208 one, two and three bed apartments to be built within popular Garden City development Nairobi’s middle-income home buyers targeted with great value offers After launching in Nairobi in July 2019 to a fanfare of publicity, new residential property developer Mi Vida went on to […]
Real estate is one of the best ways to generate solid cash flow when done correctly. To benefit from the lucrative industry an investor will have to put in work searching the market, navigating contracts, managing properties, remodeling, and selling the property. If you are looking into real estate, your investment will be guided by […]
The housing pressure in Kenya is huge driven by rapid population growth and urbanization rates, and therefore, maturity of the mortgage market is critical now more than ever. A mature mortgage market consists of a primary market, a secondary market and investors. The primary market’s role is to originate loans and is made up of […]
