Profile

Samuel Seeff is chairman of the Seeff Group.
Interest rate hike premature, bad news as we head into the festive season
Interest rate hike premature, bad news as we head into the festive season

The Reserve Bank's decision to hike the repo rate by 25 basis points to 3.75% (base home loan rate to 7.25%) is a shock to the economy...

Samuel SeeffBy Samuel Seeff 18 Nov 2021

Struggling to sell your house despite the favourable market? Here's what to do
Struggling to sell your house despite the favourable market? Here's what to do

It is the best time to buy a house since 2007, with buyers continuing to flock to the property market to take advantage of the favourable mortgage lending conditions...

Samuel SeeffBy Samuel Seeff 13 Sep 2021

Stable interest rate great news for best buyer's market in decades
Stable interest rate great news for best buyer's market in decades

The decision by the Reserve Bank to retain the repo rate at 3.5% (home loan base rate at 7%) is great news and underscores the best buyer's market in decades...

Samuel SeeffBy Samuel Seeff 21 May 2021

SARB has missed the mark, interest rate stimulus vital for economy
SARB has missed the mark, interest rate stimulus vital for economy

The Reserve Bank has completely missed the mark with their decision to retain the repo rate at 3.5% (home loan base rate at 7%)...

Samuel SeeffBy Samuel Seeff 26 Mar 2021

Positive budget welcome news for homeowners and consumers
Positive budget welcome news for homeowners and consumers

Finance minister Tito Mboweni presented a "positive budget" under challenging circumstances, perhaps the most challenging over the last 27 years...

Samuel SeeffBy Samuel Seeff 24 Feb 2021

Interest rate disappoints as second wave could eat into property and economic gains
Interest rate disappoints as second wave could eat into property and economic gains

The decision by the South African Reserve Bank (Sarb) to retain the repo rate at 3.5% (home loan base rate at 7%) is disappointing for the economy and property market...

Samuel SeeffBy Samuel Seeff 22 Jan 2021

Interest rate disappoints, but South Africans will buy property this festive season
Interest rate disappoints, but South Africans will buy property this festive season

The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is disappointing and out of step with the economy...

Samuel SeeffBy Samuel Seeff 20 Nov 2020

South Africans buying property like it's Black Friday
South Africans buying property like it's Black Friday

We never thought we would be seeing a sustained market rally this long after the April-May Covid-19 lockdown, but it seems that South Africans are buying property as if it is a Black Friday sale...

Samuel SeeffBy Samuel Seeff 6 Nov 2020

#ConsciousLiving: Top greening features sought by property buyers
#ConsciousLiving: Top greening features sought by property buyers

Cultivating a sustainable lifestyle is no longer just a wish-list, but the continued persistence of Eskom's load shedding combined with the pressure on water resources means that greening and energy-efficient features are fast becoming imperatives...

Samuel SeeffBy Samuel Seeff 19 Oct 2020

Rate decision welcomed as first-property buyer's market booms
Rate decision welcomed as first-property buyer's market booms

The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is welcome news...

Samuel SeeffBy Samuel Seeff 18 Sep 2020

Rate cut welcomed as property rebounds on pent-up demand
Rate cut welcomed as property rebounds on pent-up demand

The decision by the Reserve Bank to cut the repo rate by a further 25 basis points to 3.5%, reducing prime and the base home loan rate to a further historic low of 7% is welcome relief for the property market and households...

Samuel SeeffBy Samuel Seeff 24 Jul 2020

Sellers, be ready to capitalise on pent-up demand post-lockdown
Sellers, be ready to capitalise on pent-up demand post-lockdown

There is no doubt that the post-Covid-19 lockdown recession will weigh on the property market...

Samuel SeeffBy Samuel Seeff 14 Apr 2020

#Budget2020: Transfer duty, personal tax relief welcome news for property market
#Budget2020: Transfer duty, personal tax relief welcome news for property market

The 2020 Budget Speech presented by minister of finance Tito Mboweni is broadly welcomed, in particular the raising of the transfer duty threshold to R1m...

Samuel SeeffBy Samuel Seeff 27 Feb 2020

Budget 2020: Stalling property market needs economic relief
Budget 2020: Stalling property market needs economic relief

The stalling property market is in dire need of economic relief. The 2016-2018 transfer duty and capital gains tax (CGT) hikes were never going to result in higher government revenue...

Samuel SeeffBy Samuel Seeff 24 Feb 2020

Rate cut welcomed for housing market, but more needed
Rate cut welcomed for housing market, but more needed

The decision by the Reserve Bank's Monetary Policy Committee to cut the repo rate by 25 basis points to 6.25% (from 6.5%), reducing the mortgage rate to 9.75% (from 10%) is welcomed, but we need more...

Samuel SeeffBy Samuel Seeff 17 Jan 2020

Tale of two markets, will 2020 be a turnaround for property sellers?
Tale of two markets, will 2020 be a turnaround for property sellers?

Two to three years ago the property market was all about sellers, rising prices and the tale of two cities with Cape Town on a high performance trajectory with no price too high for upper-end sellers...

Samuel SeeffBy Samuel Seeff 26 Nov 2019

No rate cut, but still a good time to buy
No rate cut, but still a good time to buy

After a challenging year for the property market, the decision by the Reserve Bank's Monetary Policy Committee to retain the repo rate unchanged at 6.5% and the mortgage rate at 10% is disappointing...

Samuel SeeffBy Samuel Seeff 22 Nov 2019

Property buyers are heading back to the market, are you ready to sell?
Property buyers are heading back to the market, are you ready to sell?

Property buyers are heading back to the market according to recent property market reports, but are you ready to sell? It is often much easier to purchase property than to sell it, especially in the current buyer's market...

Samuel SeeffBy Samuel Seeff 16 Oct 2019

Rate cut should've been bolder to kickstart economy, property market
Rate cut should've been bolder to kickstart economy, property market

While welcoming the decision by the Monetary Policy Committee (MPC) of the Reserve Bank to cut the repo rate by 25 basis points to 6.50%, the bank should have been bolder...

Samuel SeeffBy Samuel Seeff 19 Jul 2019

Property market: Flat prices, more stock and potential rate cut ahead
Property market: Flat prices, more stock and potential rate cut ahead

The news that the economy contracted by 3.2% in the first quarter and that the GDP growth outlook for the year has been adjusted to 1% by the Reserve Bank and Moody's is not what we had wanted to hear right now...

Samuel SeeffBy Samuel Seeff 14 Jun 2019

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