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First-time buyers show their spending power. Here's where they are buyingFirst-time buyers remain a formidable driver of the residential property market’s recovery, which has seen positive month-to-month increase across all segments.Repo Rate Hikes to 7.25%: Impact on SA homeowners & buyersThe SARB's Monetary Policy Committee decided to increase the repo rate by 25 basis points to 7.25%, bringing the prime lending rate to 10.75%.When a seller stalls on an offer: What next? Sellers should respond within the offer's set deadline to avoid losing active buyers. Today’s buyers are well-informed and won't wait long before moving on to other options. Responding quickly with a counter-offer maintains momentum and keeps the buyer interested.