Peter Gilmour, Chairman of RE/MAX of Southern Africa, gives some insight into distressed property sales Over the past 18 months the number of people in South Africa who are unable to service their mortgage payments has increased dramatically. In ...

Answer: A Buyers Market refers to a marketplace that is favourable to buyers because there are more homes listed than can be expected to sell in the immediate future. For example, if 20 homes were listed in a neighbourhood and only 5 were sold ...