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.
St. Peters Harbour Home Price
The $139,900 price tag on the median St. Peters Harbour home means that it is very cheap in comparison to the rest of the nation.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then St. Peters Harbour has a pretty average amount compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in St. Peters Harbour for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St. Peters Harbour there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, St. Peters Harbour 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.
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