If you were scared of making your move for property in Durban over the course of last year, then you are not alone, but according to experts, you need to dismiss fears and make a move soon if you want to snag a bargain. By visiting the Private Property website on a regular basis, you can find helpful tips and expert insight alongside quality property listings.
In an article posted recently, they touched base with industry experts from around SA to find out what their feelings were regarding the market for 2019. Of course, there are still a lot of problems that carried over from 2018, but there enough signs to point at a strong finish to this year.
The elections are just around the corner, and with this there will likely be a little more stability following the outcome. This will help drive consumer confidence forward, and this is a key factor in the performance of the property market. Because of this, the market remains in favour of those looking to buy. According to the property experts, first time buyers can benefit greatly at the moment, due to the fact that there are more affordable properties out there, and once the market swings, they could be set for big profits.
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.”
