This is great news for property investors – It’s time to get your money in the game
The demand for buying property
is decreasing, taking property
prices down with it. This is directly related to the weakening rand and slower economic growth.
The residential property
market is seeing price deflation and this is expected to continue for the rest of the year.
prices are declining, fewer sellers are getting the prices they want for their properties. This means two things. Either they hold onto the property
for the next few years, or you move in and buy the property
at a discount.
The good news for property
investors is that demand for rental property
has remained quite stable. That means this is the perfect time for property
investors to buy property
at a discount and rent it out at a premium.
Property investing is a long-term game – Don’t be in a hurry to make your first buy
Given the current state of the property
market, Shaun Rademeyer, CEO of Betterlife Home Loans told Media 24, "Buyers are becoming cheekier regarding their offers in the changing market. Negotiation is, becoming a strong part of the selling process."
Clearly, now is the perfect time for property
investors to drive down the price of properties, rent out the property
and hold it for long-term gains.
It’s like Francois Joubert the creator of Become a Master Property Investor in 90 Days says, “
Invest in property
, it’s an asset that’s consistently increased 10.5% in value year on year since the early 1900s.”
If you’re looking for a relatively low risk investment that will guarantee
your wealth and secure your retirement in the long-term, then there’s really only one choice for you.
And that’s property!