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100+ search results, Furnished listings only
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RED ANALYTICS REPORT. SATURDAY, FEBRUARY 1, 2025.
The RED Analytics Report provides a real-time, data-driven snapshot of Uganda's real estate market from a property listing perspective. The property analytics dashboard aggregates and presents a 30-day overview of listings on the Real Estate Database (RED), offering valuable insights to buyers, sellers, investors, and real estate professionals.
ACTIVE, NEW, AND PENDING LISTINGS
At the heart of the RED's analytics report lies a total of 39,700 active listings. This figure represents the full spectrum of properties currently available for rent or sale. Over the past 30 days, the database has recorded an influx of 1,550 new listings, demonstrating the vibrancy of the market.
Delving deeper into the newly listed properties, 1,146 of them are rental listings, whereas 404 are properties available for sale. This breakdown highlights a clear supply rental properties in the market. Complementing this data, 8,019 listings remain pending, indicating properties that are awaiting further ac
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THE RISING TIDE OF REAL ESTATE TRAINING INSTITUTIONS.
Recently, I had the privilege of being invited by the Global Institute of Property Studies to share my insights on property marketing and the role of Proptech in the real estate business, particularly focusing on platforms like the Real Estate Database (RED).
It was truly invigorating to engage with a group of enthusiastic students who were eager to learn from my years of experience about the dynamics of the real estate industry and the tools that could help them succeed in this dynamic field.
Global Institute of Property Studies, founded by Dr. Rachael Mirembe, a distinguished educator and an accomplished figure in the real estate sector, is just one of the many institutions dedicated to training the next generation of real estate professionals.
The emergence of real estate training institutions is a positive sign for the future, promising greater orderliness and professionalism in a sector that has often operated without defined rules and standards.
The Importance of Proptech i
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EVERY FRIDAY COULD BE YOUR DAY TO SHINE AS A REAL ESTATE AGENT.
As a real estate agent, you know the power of visibility and exposure in driving leads and closing sales. In the digital age, success often hinges on being where your potential clients are actively looking. What if you had a dedicated opportunity every single week to showcase your top listings to a vast, ready-to-buy audience? That's exactly what the Real Estate Database (RED) offers with its "Properties of the Week" feature.Every Friday, RED curates and publishes a special selection of the most attractive and sought-after properties, offering agents and developers a golden opportunity to have their listings in the spotlight. If you've been waiting for the perfect moment to showcase your outstanding property listings, Friday could be your day to shine on RED. Here's how. Why Fridays Matter in Real Estate Marketing.Fridays are prime time for real estate browsing. RED statistics show that as the weekend approaches, many potential buyers and investors start actively searching for new list
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WHAT YOU NEED TO KNOW ABOUT A PURCHASE AND SALE AGREEMENT
A House Purchase and Sale Agreement is a legal document that outlines the terms and conditions of the sale of a house in Uganda. This agreement is a crucial step in the buying and selling process, as it defines the rights and obligations of both the buyer and the seller.
In Uganda, a House Purchase and Sale Agreement should be in writing and signed by both parties. The agreement should clearly state the purchase price, the closing date, the payment terms, and any warranties or guarantees offered by the seller. It should also specify the responsibilities of each party during the transaction, such as the transfer of ownership and the payment of any taxes or fees.
For example, the agreement may state that the buyer is responsible for obtaining financing and that the seller is responsible for providing a clear title to the property. The agreement may also specify that the buyer is responsible for any repairs or renovations that need to be made, while the seller is responsible for
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HARNESSING THE POWER OF HASHTAGS FOR REAL ESTATE MARKETING.
In today's digital age, real estate marketing has evolved beyond traditional methods. While yard signs and open houses are still valuable, social media hashtags have become a tool for reaching potential buyers and sellers. Among the various techniques, hashtags have emerged as a potent weapon in a real estate agent's marketing arsenal.
The Hashtag PhenomenonHashtags are more than just a social media trend; they're a way to categorize and discover content. By attaching a "#" symbol before a word or phrase (without spaces), you turn it into a clickable link. Clicking on this link reveals all the posts that include the same hashtag. It's a simple concept, but it can have a profound impact on your real estate marketing strategy.
Why Use Hashtags in Real Estate Marketing?
1. Increased VisibilityHashtags can significantly increase the visibility of your real estate posts. When you use relevant and trending hashtags, your content becomes discoverable to a broader audience, includin
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100 FASTEST GROWING LOCATIONS IN AND AROUND KAMPALA CITY FOR BUYING RESIDENTIAL LAND.
Is your home area one of the fastest growing locations around Kampala?
Kampala's real estate market is rapidly expanding, with numerous areas around the city experiencing significant growth. Based on the latest RED statistical analytics, I have identified the top 100 fastest-growing locations for buying land or houses, arranged and ranked in order of growth.
This boom is driven by rapid urbanization, a growing economy, and increasing demand and supply in these areas. A key observation is that the fastest-growing areas are "generally" more expensive. However, there are exceptions like Kololo, which, despite being very expensive, is ranked 39th due to its slower growth. This slow growth is attributed to the limited supply of land and low demand caused by high price points.
In this blog, I highlight a selection of these promising locations, offering an overview of the factors contributing to their growth and what makes each area unique and attractive for residen
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HOW MUCH DOES A 3 BEDROOM HOUSE COST IN YOUR PREFERRED LOCATION?
If you're on the hunt for a 3-bedroom house in Uganda, understanding the pricing trends in different areas is crucial to making an informed decision. The cost of a 3-bedroom house can vary widely, depending on several factors like location, amenities, and the overall property market in each district. Whether you're buying your first home or upgrading, knowing the price range will help you set a realistic budget and avoid surprises along the way. Factors That Influence the Price of a 3-Bedroom House.Before we dive into the ranges within the various prime locations, its imprtant to note that the price of a 3-bedroom house is primarily determined by its location, property type, amenities, and the size of the plot. Location plays a pivotal role, with central urban areas like Kampala or Entebbe commanding higher prices due to proximity to essential services, schools, and workplaces.In contrast, houses in suburban or rural areas may be more affordable but could come with the trade-off of lim
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PREVENTING A PROPERTY DEAL FRÓM COLLAPSING
The journey of buying a house can be an emotional rollercoaster, filled with both hope and frustration. The unsettling possibility of the entire process collapsing, despite our best intentions, looms over every home owner, home buyer or real estate agent. Economic fluctuations have added an extra layer of complexity to real estate deals, leading to numerous transactions being temporarily shelved.
Even as the housing market regains momentum, the specter of collapsed deals remains. In this blog, we'll explore the common reasons behind transaction failures and provide actionable strategies to minimize the risk of fall-throughs.Understanding Transaction Failures:
One of the most common and disheartening reasons for a property deal falling through is a buyer changing their mind. Additionally, the frustration experienced by sellers with the pace of the transaction can also lead to its collapse. The unpredictable nature of these factors emphasizes the need for a proactive ap
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DO YOU KNOW ALL THE COMMON PROPERTY AMENITIES AT YOUR FINGER TIPS?
Real estate amenities are essential features that can significantly increase the value of a property. As a potential buyer or tenant or real estate agent, it's important to know which amenities are available on the Real Estate Database (RED) and what they offer. In this blog, we will explore some popular real estate amenities that can make your home more comfortable, secure, and enjoyable.
Air conditioning.
Air conditioning is a vital feature in regions with high temperatures. It helps to regulate the temperature and humidity of a room, making it more comfortable for occupants.
Alarm system.
An alarm system is a security feature that detects intruders and alerts the homeowner or security personnel. It's an essential feature for homes located in high-risk areas.
Balcony.
A balcony is an elevated platform that extends from the wall of a building. It's a great outdoor space that offers a panoramic view of the surrounding environment.
Barbeque.
A barbeque is a grill o
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