Signs that you are ready to get out of the rental market

For many, renting is a necessary step on the journey to homeownership.

- PROPERTY WRITER

However, there comes a time when taking the leap from tenant to homeowner becomes the logical next step.

If you find yourself questioning whether you are ready to buy, here are some key signs that indicate it may be time to leave the rental market behind.

According to Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa, “The decision to buy a home should be based on a combination of financial readiness and long-term lifestyle goals. If you are in a position where purchasing a property aligns with your financial stability and future aspirations, stepping out of the rental market could be a smart move. Owning a home not only provides a sense of security but also allows you to build a tangible asset over time.”