Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Burtts Corner Home Price
When looking across the province, Burtts Corner is the 337th most expensive in New Brunswick.
The median house price listed in Burtts Corner this month is $89,900.
Burtts Corner’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 5 bedrooms.
From our data, it appears that neighbourhood is number 2426th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Burtts Corner will hopefully provide an indicator to help you where to research in-depth
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Burtts Corner, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 9, this month we show 7.
When we look at the data we have, it can help with trying to establish whether or not Burtts Corner is a good investment target.
In Burtts Corner, 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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