January 2022

Found 1 blog entry for January 2022.

Why Invest in Kamloops Real Estate?

Kamloops Investment PropertyI have lived in Kamloops almost all of my life and I have never seen so much buying demand, so little inventory, and skyrocketing rental rates. I've read countless reports of the hundreds of renters staying in hotels waiting for a home or suite to come on the rental market. My clients who are purchasing investment properties tell me experiences of advertising suites and having people offer to pay them just to view the suite and have a chance at getting it. I'm hoping the madness stops as it simply isn't sustainable nor is it fair to those who cannot afford a down payment in an ever rising housing market, yet it's the perfect storm for investors.

The other attraction for those able to buy a rental home, is that

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