2019 Mid-Year Calgary Housing Report

August 8th, 2019
The Calgary Real Estate Baord has come out with its mid-year report.  In a nutshell, housing prices are down just over 4% from last year's prices HOWEVER, because we are seeing less houses coming onto the MLS system, prices are stabilizing.  So last week I took it upon myself to look at housing that sold over the last 3 months in some sought-after areas like Charleswood, Collingwood, Brentwoo ...

Summer is Here...should you list?

June 28th, 2019
Exactly 7 days ago summer started!  What with getting ready to go on holidays, graduations, weddings...and with Stampede around the corner it seems that everyone is very busy.  Lots of neighbors mowing their lawns during the week so they can escape for the weekend.  Is the selling season over?  Nope.  Houses that have sold in the last couple of weeks still have those sellers looking for the p ...

June 2019 - Calgary Market

June 3rd, 2019

Media release: Sales activity improves for second consecutive month 

City of Calgary, June 3, 2019 – Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 per cent compared to last year.

Improving sales relative to inventory levels caused the months of supply to ease to ju ...

Whether or not...the weather!

March 29th, 2019
Never before in my nearly 20 years as a real estate broker have I seen weather be such a deterrant to buyers getting out there and buying homes.  As soon as the weather corrected itself from the -20 degrees we saw in February, the amount of buyers out looking at homes has been high.  Personally, I have sold half of my listings in the last 14 days.  But maybe some of that can be attributed to ...

TURNING THE CORNER...

March 29th, 2019
I recently heard an economist discuss Alberta's economy.  He summed up our current situation in one phrase..."we are about to turn the corner on optimism".  He felt that many people were waiting to see how the provincial election would turn out. Since the United Conservative Party is the front-runner, there are many Albertans feeling hopeful Jason Kenney gets elected and his proposed economic ...

When you should actually list your home...

March 5th, 2019
Not sure when you list your home?  Now?  Wait a few months?  Historically throughout my last 19 years as a Realtor®, I've followed the annual sales and year after year, without a doubt, listing your home in February and March net you more money than if you listed in May or June.  In fact, if a house doesn't sell in the fall, it is ideal to put it back on the market right after Christmas...for ...

SUPER CHEAP CALGARY CONDO PRICES...

June 5th, 2018
SO WE ARE SEEING SUPER-CHEAP CONDO PRICES IN CALGARY....


Is that great news?  Nope.  Here's why...


1.  If you are currently a condo owner, you will have seen a significant drop in your investment. You can't sell your condo for the price you paid for it when you first bought it so now you are a slave to your condo and you are at the mercy of the market.

2.  Historically, if the housing market see ...