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100+ search results, Properties of the year
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HOW TO KNOW IF THE HOUSING MARKET IS IMPROVING.
The housing market is a vital indicator of the overall health of an economy. For potential homebuyers, sellers, and investors, understanding whether the housing market is improving can be crucial in making informed decisions. While the real estate market is subject to fluctuations, certain key indicators can help gauge its current state and trajectory. In this blog, we will explore how to identify signs of an improving housing market.
Inventory Levels
A critical factor in assessing the health of the housing market is the level of available inventory. Low inventory levels indicate high demand, which, in turn, can lead to rising property prices. If the number of properties for sale is decreasing or stagnant, it suggests a potential improvement in the market. Conversely, a surplus of unsold homes may indicate a slowdown.
Home Price Trends
Monitoring home price trends is a fundamental aspect of understanding the housing market. If property prices are steadily increasing over
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WHAT DOES A TYPICAL XMAS LOOK LIKE IN UGANDA?
Christmas in Uganda is a real vibe, a mood, and an energy that can only be described as uniquely chaotic but entirely joyful. Here's a funny breakdown of what makes a Ugandan Christmas a spectacle worth witnessing. The Great Exodus: Town Dwellers Return to Their Roots.Come December, there's a mass migration of Kampala's town dwellers heading back to the villages like birds following an ancient instinct. The village becomes a lively hub as everyone from the long-lost cousin in Kampala to the uncle in Canada returns. If you're still in the city after December 20th, congratulations, you've been officially abandoned. Animals Beware: The Christmas Menu Is Set.If you're a cow, goat, or chicken, this is not your season to shine. While humans feast, animals face their fate. The goat gets tied to a tree, the chicken gets an express ticket to the pot, and the cow, well... Let's just say it's an all-you-can-eat barbecue. Ugandans are firm believers in "meat for every meal" on Christma
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HOW TO BECOME A REALTOR IN KAMPALA.
Becoming a realtor in Kampala, Uganda, is a promising career path given the city's dynamic real estate market. Whether you're passionate about helping people find their dream homes or interested in the investment side of property, this guide will walk you through the steps necessary to become a successful realtor in Kampala. 1. Understand the Real Estate Market in Kampala.Before diving into the profession, it's essential to familiarize yourself with the local real estate market. Kampala is a vibrant city with diverse property needs ranging from residential to commercial and industrial spaces. Understanding the trends, demands, and economic factors influencing the market will give you a solid foundation. 2. Obtain Relevant Education and Training.While Uganda does not yet mandate a specific level of education to become a realtor, having a background in business, finance, or real estate can be beneficial. Consider the following educational paths.- Diploma or Degree in Real Estate Manageme
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FAILING TO ACCURATELY ASSESS A BUYERS’ NEEDS DOES NOT MAKE THE BUYER UNSERIOUS.
As a veteran in the real estate marketing space, I frequently encounter situations where leads, or referrals from the Real Estate Database (RED) are not properly followed up to closing. When I confront agents about these missed opportunities, I often hear excuses such as the lead or potential buyer "was unserious."
This response is frustrating and concerning to me because it implies a lack of effort and professionalism on the part of the agent. It's disheartening to have to repeatedly educate agents about the importance of treating all potential clients with equal respect and diligence, regardless of their perceived seriousness.
It's baffling to me how a potential buyer could come across a 400 million or 600 million property on the Real Estate Database (RED), express interest through an inquiry, arrange for a tour of the property with a real estate agent, and often times even pay search fees, only for the agent to turn around and dismiss the lead as "unserious."
&nbs
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WHAT THIS VIRAL IMAGE TEACHES US ABOUT REAL ESTATE.
I've seen this viral image floating around various social media platforms for quite some time now. And every time it pops up, it's used to tell a story that completely misses the point, or at least overlooks the [real estate] depth it holds.As someone deeply involved in real estate marketing, this misinterpretation makes my brain boil. Why? Because the image is packed with hidden insights that, when carefully unpacked, can teach us powerful lessons about decision-making, distraction, and opportunity in the property world.
Before we get into the real estate takeaways, let's first look at what the image really shows. Many viewers focus only on the obvious, a man seemingly locked in a cell, trying to reach for a loaf of bread or for a key using a stick. But if you take a closer look, you will begin to notice the contradictions and hidden details that shift the entire meaning of the image.
Let's break it down:
He needs to eat first before he can embark on a long escape. Lesson: Ju
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THE MOST COMMON HOME BUYING MISTAKES IN UGANDA.
Buying a home is one of the biggest investments you'll ever make, so it's important to do your due diligence before making the final decision. Unfortunately, many home buyers in Uganda make common mistakes which can result in significant long-term financial losses. In this blog post, we'll discuss some of the most common home buying mistakes in Uganda and how you can avoid them.
Not doing enough research.
One of the biggest mistakes home buyers make is not doing enough research when choosing the right property. This can include not researching the neighborhood, not researching the local real estate market, and not researching the property itself. It's important to gather as much information as possible before making a decision. Look at the crime rate in the area, the proximity to schools and other amenities, and the potential for future development. Additionally, you should research the property's history, including any previous owners, renovations, and repairs.
Not working
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WHAT TO LOOK OUT FOR WHÈN CHOOSING AN APARTMENT.
Whether you're a first-time buyer or renter or a seasoned apartment dweller, there are several key factors to consider when embarking on your apartment hunting journey. Choosing the right apartment is a significant decision that can greatly impact your daily life and overall well-being. In this guide, we'll explore the essential elements to keep in mind to ensure you find the perfect home that meets your needs and lifestyle.1. Location, Location, Location.The first rule of real estate holds true for apartment hunting as well. Consider the location carefully. Assess the proximity to your workplace, public transportation, grocery stores, schools, and other amenities that are important to you. A central location may offer convenience, but it might come with a higher price tag.2. Budgeting.Establish a clear budget before you start your search. Factor in not only the price but also utilities, parking fees, and any additional costs associated with the apartment. Be realistic about what you c
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PROPERTIES OF THE WEEK.- THIS WEEK
So, What's All This Weekly Buzz About?.
Every week, the Real Estate Database (RED) curates a sizzling-hot list of Properties Of The Week. But we're not just picking properties from a hat. These are the most clicked, most viewed, and most wanted listings across Uganda. That's right, actual popularity, real-time clicks, real buyer interest.
And you know what? This week's lineup is fire.
Let's talk some numbers. Hundreds of properties go live on RED each week. But only a few rise to the top, and that's where the magic happens. These homes are pulling in the eyeballs, the inquiries, and the deals.
Who's Behind This Week's Showstoppers?.
It's not just the properties that are impressive, it's the people behind them.
Companies like: Bags Agency Ltd, BAI PROPERTIES LTD , Cornerstone Property Solutions , Goron Property Limited, Khased Property Developers, Kololo Property Dealers, Mega Property Services, Pishon Consults Limited and Posh Properties have stepped up this week wit
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Mansion
| Location -
Kyanja
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| District -
Wakiso
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| Type -
Mansion
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Size -
five bedroom
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| Status -
For Sale
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Code - 228554
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Ugx 700,000,000
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UNDERSTANDING PROPERTY LABELS ON THE REAL ESTATE DÁTABASE (RED).
The Real Estate Database (RED) has introduced several property labels designed to increase the visibility of unique features and statuses of properties. These labels serve as vital indicators for buyers, sellers, and renters, helping them quickly assess a property’s status and determine if it aligns with their needs. Let's dive into some of these labels and what they mean.1. On Offer: This label signifies that a buyer has already made an offer on the property, but payment has not yet been finalized. It's a heads-up that the property may soon be sold, though it's still available for now.2. Hot Deal: A "Hot Deal" label is used for properties that are being boosted for enhanced visibility. These properties are often seen as a great value or offer something unique, so they're given more prominence to attract attention quickly.3. Short Let: Properties marked as "Short Let" are available for rental on a short-term basis. These are ideal for individuals who need tempor
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Mansion
| Location -
Kira
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| District -
Wakiso
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| Type -
Mansion
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Size -
five bedroom
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| Status -
For Sale
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Code - 217933
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Ugx 740,000,000
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