Cell 587-216-2371 | tim@yychomesales.com

RSS

 

Calgary Real Estate Foreclosures.

 

Over the past several weeks several of my investor clients have contacted me to discuss the opportunity of buying a foreclosed property inCalgary.

 

Are foreclosures up in the Calgary market?  Certainly, they appear to be up by about 30% but the number of foreclosures is still very small!  To put it in prespective there are currently 56 foreclosures in Calgary on the market and over 5000 active listings.

 

Personally I have received several requests from investors asking about investing in foreclosures.   That means that there are likely an additional 5000 realtors in Calgary receiving the same requests.  So we have probably over 5000 investors eyeballing 56 properties...

Read
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.