Now is Always A Good Time to Change Places
Home prices in SA have remained rather static over the last few years. Some areas like Sandton have received some growth in value lately. The good news for a seller is that if you sell now at a low price you can also buy now at a low price.
Property is a long-term investment and it still proves to be an appreciating asset over a 10 – 20 year period.
Mark Fleming, chief economist of First America, said “Buying a home is not just a financial decision. It’s also a lifestyle decision.”
Perhaps you have enjoyed your lifestyle for many years in your home. Now you have decided to sell for whatever reason. You should still make a reasonable profit when you sell.
Whether you’re a home buyer or seller, you should know what’s happening in the property market. This is the only way that you can make the right informed decision.
