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.
Whitewood Home Price
Want a cheaply priced house? Then at $205,000 this month, Whitewood, Saskatchewan is a possibility for you price wise.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
There are 357 neighbourhoods that have more properties on sale than Whitewood at the moment in Saskatchewan which puts the neighbourhood top 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Whitewood 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 Whitewood, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 14, this month we show 14.
In Whitewood, 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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