Exciting news for homeowners!
The South African Reserve Bank has announced a 0,25% drop in the repo rate, bringing it to 7,75%. This announcement was made last week Thusrday, on the 21st of November 2024. If you wish to learn more about the drop and how it will affect you for the better, read a Property 24 article
here.
This adjustment means increased affordability for buyers and already we’ve experienced a significant increase in buyer inquiries and sales activity. Your opportunity is now, so take advantage of an energized market with eager buyers seeking homes in areas like Waterkloof, Groenkloof, Brooklyn and surrounding suburbs.
If selling your property has ever crossed your mind - even fleetingly - now is the time to act. Demand is skyrocketing, and we have eager, qualified buyers actively searching for their dream homes in your neighborhood. Whether your property is a family retreat, a stylish city pad, or an investment property, you could be perfectly positioned to benefit from this active market.
Even if you haven’t thought about selling, consider how the current climate could offer you financial flexibility or a chance to explore new opportunities. Contact us for a complementary consultation - your home might be exactly what the market is missing!