The CEO of Ooba Home Loans breaks down property advancements in new hotspots.
The Free State, Mpumalanga, and Limpopo are continuing their silent but steady upward trajectory regarding property demand, says Rhys Dyer, the CEO of Ooba.
“While affordability continues to dwindle amongst rates-sensitive first-time homebuyers, we see healthy activity levels in this market sector in the Free State. In March alone, 67% of the total home loan applications received for the region were from first-time homebuyers.” Regardless of it often being considered a tourism hotspot, Mpumalanga is presenting an excellent investment opportunity with heightened demand for investment and rental properties,
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