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First-timers: Buy while stocks last! Residential property prices declined by 2 percent in September but estate agents say this is a perfect chance for first-time buyers to buy property.KZN homeowners offload propertiesProperty shedding by cash-strapped home owners is gaining momentum as a result of an upwardly mobile interest rate that has jumped seven times in just 16 months.Is now the time to buy? Rate cuts boost housing demandThe housing demand and prices have already started to rise in response to the two interest cuts announced last year, and that this trend will no doubt be further fuelled by the 0,25% cut announced this week.