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Abbotsford Mortgage Brokers
Abbotsford is located in the Fraser Valley of British Columbia, just outside of the Greater Vancouver Regional District. Bordering the Fraser River to the north and the US border to the south, Abbotsford's population of 159,000 residents is ideally located to take advantage of the majestic mountains and the Pacific Ocean. Abbotsford's population has doubled since 1981, making it one of the largest cities in BC, and also one of the fastest growing, with such a great location, it's not hard to see why more people are making Abbotsford home.
As housing prices have pushed more and more people out of the lower mainland into the Fraser Valley, the jobs have not necessarily stayed in Vancouver. Over 80% of Abbotsford residents work in the immediate area of Abbotsford, Langley and Surrey. Living and working in the Fraser Valley is becoming much more of a decision based on family lifestyle versus an economic necessity. Surrounding cities include, Mission, Chilliwack, Langley, Surrey and White Rock.
Demographics
Abbotsford is considered the third most ethnically diverse city in Canada, just behind Toronto and Vancouver. Nearly one out of every four people were born outside of Canada, with nearly 15% of those coming from South Asian countries.
Agriculture is Abbotsford's primary industry, thanks to the ideal climate and long growing season. Transportation, manufacturing and retail the next largest industries in the city. Aerospace is also an industry that is starting to grow in the Fraser Valley as more and more companies realize the great potential for setting up shop in Abbotsford.
Schools
The public school board in Abbotsford is School District 34, from grades K-12. There are however several post secondary institutions as well, University of the Fraser Valley, Columbia Bible College, Summit Pacific College and several career colleges such as Sprott Shaw Community College, Vancouver Community College, CTC Changes Training Centre and CDI College of Business, Technology and Health Care.
What our Abbotsford mortgage brokers are saying:
Abbotsford has been a great market for quite a while now. We have seen mortgage amounts increase quite a bit over the years but it is still a relatively affordable city when you compare it to some of the cities in the GVRD. Looking ahead, the Fraser Valley and Abbotsford more specifically, looks like a very sound market and it should continue with strong growth, it doesn't look like the Abbotsford mortgage brokers or realtors in the area will be slowing down anytime soon.
Why?
Why You should use a Mortgage Broker!
Mortgage Brokers
Call one of our Abbotsford Mortgage Brokers today, or apply online for a Free Pre-Approval today.
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