More agents are cautiously optimistic about 2010
MORE visitors are attending show houses than last year, says Jonny Novick, managing director of Vered Estates, and he is “cautiously optimistic” about the prospects for South African residential property in 2010.
“We have been averaging more than 20 visitors a show house compared to 10 to 15 in 2009. At a recent show house, we recorded more than 50 visitors in a single afternoon,” says Novick.
“Other positive signs are that bank lending criteria has eased a
Banks are still rejecting applications for frivolous reasons