Finance

Tucked just beyond the southern edge of Nairobi National Park, Ongata Rongai has steadily transformed from a quiet satellite town into one of the most dynamic residential hubs for students, young professionals, and budget-conscious homebuyers. With its strategic location, expanding infrastructure, and pocket-friendly property market, Rongai offers a compelling case for anyone looking to live affordably...

Buying a fixer-upper isn’t just about rolling up your sleeves and repainting walls  it’s about maximizing value. Whether you’re renovating to sell or rent, understanding your return on investment (ROI) is critical. But where do you begin? And how do you know if you’re fixing up a gold mine or a money trap? In this article, we’ll break down the essentials of calculating ROI on fixer-uppers and...

When it comes to real estate, everyone’s looking for that golden investment a property that doesn’t just house memories but multiplies money. Surprisingly, some of the best opportunities lie not in shiny new developments, but in neglected or forgotten homes. Often dismissed as risky or too rundown, these properties can become incredible wealth-builders with the right vision and effort. The...

If you’ve been dreaming of owning a home in Kenya, the Kenya Mortgage Refinance Company (KMRC) is changing the game. With mortgage rates rising elsewhere, KMRC offers a more affordable way to finance your home, making homeownership a real possibility for many Kenyans. How KMRC Makes Mortgages More Affordable Unlike traditional mortgage lenders that charge higher interest rates, KMRC works with banks,...

A buyer-leaning market, also referred to as a buyer’s market, is a phase in the real estate cycle where the market conditions tend to favor buyers over sellers. In such a scenario, there is typically an oversupply of properties compared to the number of active buyers. This shift gives buyers more power in negotiations, better pricing options, and a wider variety of properties to choose from. Key...

In recent years, Kenya has made notable strides in attempting to improve access to homeownership, especially for low- and middle-income earners. Government-led programs such as the Affordable Housing Programme (AHP) and mortgage subsidies through institutions like the Kenya Mortgage Refinance Company (KMRC) were designed to make home loans more attainable. Despite these efforts, a significant portion...