What a perfect time to look at what a savvy entrepreneur can do for his or her financial future. Whether you’re in the US celebrating July 4th or in Canada and just finished celebrating July 1st. What better time to embrace what our countries are about and buy into the very affordable real estate market with the long term future goals in mind.

According to the Calgary Sun there are bargains to be found since the decline in housing prices continues and the number of foreclosures available continues. The slump has stabilized but it hasn’t run out completely, and there’s a great deal of cross boarder buying happening as well as cross state buying.

It all began when high risk lenders were giving sub prime mortgages as a drawing card to bring people into the housing market. At the time it appeared that the US housing market was healthy and growing but hind site has shown exactly the opposite. Once hooked these mortgage holders saw interest rate increases that left them unable to make their payments, and foreclosures were immanent.

Now for those with good credit or cash, and a smart business mind, they recognize the value in buying up these bargain basement homes. They can be rented out to cover mortgage payments and sold in the future when values are up and there is money to be made.

Others are buying retirement homes or vacation homes and they are also looking at renting these homes out, and in some cases simply maintaining two homes so that they can jump back and forth.

Life is a balance – for the many that have been devastated by the loss of their homes there are just as many that are thrilled at the great buys that await them. Right or wrong it’s the way life is – the haves the have nots and the in-betweens most times referred to as the middle class.