Good market for investors
With the mortgage low interest rates (even 1 bank can give 2.99% for 5 years with no strings attached) the market is very good for the sharp investor.
With over 10,000 properties listed and only just over 800 selling in September in the Fraser Valley there will be some deals to be had for a sharp investor. Just don’t try to find them your self as they may go within days of hitting MLS I saw one in Surrey go one the sale day it appeared on the MLS computer,. If you are relying on Realtor.ca to find anything they you would have missed this one.
If you are fed up with the banks paying peanuts for interest and a low vacancy rate you can find properties that will carry them selves, or you can complain in the future that you should have bought in 2012. Your choice.
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