2 Tips for Landlords
Posted by Ken Richter on
The Calgary real estate market has been suffering ever since the fall of oil last January. While the economy has been slowly regaining its footing, the housing market continues to be seriously affected. With so many job loses, people are leaving the city, leading to high inventory levels. These inventory levels have not significantly affected pricing of homes as stubborn sellers hold onto hope that the market will turn back in their favour. This leads to high prices and high vacancy rates.
These market conditions put landlords in a tough situation, as many are left with great properties that are going unrented. So, what can be done when vacancy rates continue to rise? There are two major things you need to do: you need to be tough on yourself and you…
811 Views, 0 Comments