How buyers can gain leverage in a seller’s market

Oct 12, 2020 10:17:54 PM Share this:

Many areas are experiencing a hot real estate market and have shifted to a seller’s market. This is despite the COVID-19 pandemic or perhaps because of it, as well as the subsequent record low-interest rates. While current conditions are prime for sellers, they can make the process more challenging for property buyers. Navigating a seller's market can seem daunting for prospective buyers, however, they can still position themselves for success and zero in on their ideal property. 


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Topics: Buying, Richard Gray, Real Estate Agents, Harcourts Real Estate, First time homeowner, COVID-19

2019 is the year for first time home buyers

Jul 30, 2019 8:00:00 AM Share this:

2018 was a challenging year for the South African property market, but so far 2019 is looking more positive.

Rhys Dyer, CEO of ooba, says: "Property market activity and resultant price growth continue to be hampered by political uncertainty and economic constraints. Uncertainty around impending land reforms as well as an increase in the prime lending rate to 10.25% in November probably contributed to the slowing property growth in the last quarter of 2018."


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Topics: Harcourts South Africa, Real Estate Agents, Ooba, First time homeowner

Buying a home? Home loan interest rates 101

Nov 26, 2018 10:00:00 AM Share this:

 

 
Buying a house is one of the biggest decisions in life and, albeit an exciting one, it is not to be taken lightly, especially when it concerns home loans, lending rates and repayments.

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Topics: Harcourts South Africa, Interest Rates, Home Loan Advice, Harcourts Real Estate, First time homeowner