Final call for those looking to find property bargains

Exploring property for sale in Vryheid can be an exciting time, and for many the thought of doing so would have been off the cards over the course of 2018. However, if you have been staying up to date with all of the latest news in the property market on the Private Property website, then you will know that 2019 is expected to yield some positive changes.

Most South Africans saw their budgets destroyed over the course of last year, but with early news regarding the repo rate staying stable, there are some positive signs up ahead. Talking to experts around the country as to what people can expect in 2019, they were optimistic that the year will bring about improvement as it progresses.

In the property market, consumer confidence is key and for this to thrive, there needs to be a certain amount of stability. There are hopes that once the elections are concluded in a few months, recovery can start and the market can pick up the pace a little.

However, in the current state, buyers are in the driving seat and experts have warned that the opportunity to get the biggest bargains would be in the first few months of this year. First time buyers could benefit greatly from diving into the market now.

Paul Stevens, who is the CEO of Just Property, said, “We are in a buyer’s market and this will continue through most of 2019. Those who qualify for finance or who are able to buy for cash will be in a good position to take advantage of the current conditions. Most of the property sales activity in the past year has been in the R300 000 to R1 500 000 range. During the course of the coming year, I expect this to continue.”