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Why 2021 is the best Year to invest in real estate
If you’ ve been holding out for the perfect time to leap into the property market, you’ re not going to be disappointed this year. With a triple-whammy of rock-bottom interest rates, subdued property prices, and plenty of stock available, it appears that 2021 will be the best investment climate in fifty years.
The bank may offer a 100 % home loan, but should you take it?
You’ ve heard the buzz of record-low interest rate, banks offering 100 % home loans, but is it really cheaper to buy a home than it is to rent, and should you take on a 100 % home loan or save for a deposit? Here are some factors to consider before leaping into an offer that seems too good to be true.
First-time homebuyers Continue to dominate the residential property market
Rhys Dyer, CEO of ooba, predicts that the residential property market in 2021 will continue to show strong levels of activity, mostly driven by first-time homebuyers as a result of the low interest rates. Evidence of the strong activity can be seen in the volume of ooba’ s home loan applications for Q4 20
SA Real Estate Investor Magazine FEBRUARY 2021 21