Wednesday, February 25, 2009
Time to Invest in Kelowna Real Estate?
by Brent King on Wed, Feb, 25, 2009 04:47 PM
With prices down over 20% in Kelowna, interest rates at 50 year lows and the Kelowna vacancy rate the second lowest in BC at less than 1% [CMHC Rental Report Oct./08] it would seem to be an opportune time to look at Kelowna Rental Real Estate as a good investment option.
In this very volatile investment market where returns after taxes are very low, Kelowna Revenue Real Estate offers a stable reasonable return with excellent tax benefits plus a great longer term potential for a capital gain. Kelowna has always and will continue to be a desirable place to live so the opportunities available now in the market won't last forever, it is a great time to purchase Kelowna Real Estate!