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Springs remains property hot spotWith vacant land available for development, coupled with convenient accessibility to major routes across the East Rand, the burgeoning area of Springs in Gauteng is rapidly becoming increasingly popular among property developers and home buyers.Springs upgrades its imageLong stigmatized as a mining town populated mostly by lower and middle income residents, the East Rand town of Springs is fast taking its place as a sought-after residential area – by multi-million rand as well as entry level buyers.Rate cut: What it means for homeowners and investorsLast week’s 0.25% interest rate cut by the Reserve Bank has property experts discussing its impact on homeowners, investors, and the real estate market.