Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Little Fort Home Price
The median asking price in Little Fort is $1,500,000, a substantial increase over the median three months ago which was $1,500,000 .
In Aug the median listed house price of $1,500,000 in Little Fort was an impressive compared to the rest of British Columbia.
British Columbia has the third most amount of properties available to property investors, with Little Fort having 288th most in the province, out of a total of 359.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Little Fort will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Little Fort, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
As one of British Columbia’s many potential real estate investment neighbourhoods, Little Fort needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
In Little Fort, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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