Buy­ers seek sav­ings

Calgary Herald - Calgary Herald New Condos - - Recreation Properties & Investment - Kathy McCormick

Long gone in the U.S. is the phrase, “lo­ca­tion, lo­ca­tion, lo­ca­tion.” To­day, it’s “price, price, price.” Af­ford­abil­ity is the key to a suc­cess­ful trans­ac­tion south of the bor­der, where fore­clo­sures have been ram­pant and cash flow nonex­is­tent. In a sur­vey last month by Roost.com, 43 per cent of re­spon­dents said find­ing a home they could af­ford and main­tain was more im­por­tant than find­ing one in the right lo­ca­tion or com­mu­nity .—

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