How Can Your Calgary Home Sale Go More Smoothly?

There are many great Calgary area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a list of Featured Properties so you know what buyers will pay for your home in today's market. You may also call me at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions.

Good day, and thanks for checking out my blog again. Today I would like to go over a few things that will help make the sale of your Calgary home go more smoothly and successfully.
 
The most important thing to do is hire a professional Realtor. A good test to see if somebody is a good choice to sell your home is if they can explain what's going on in the Calgary market in 60-90 seconds. You also need to feel that they have the confidence and ability to perform the work required to get your home sold.

One important thing to note about the Calgary real estate market is that prices of single-family homes have stabilized greatly in the last few years. In 2009, there were 8,100 single family homes on the market. Today we have about half that number on the market. We have finally sold off all the excess inventory that was just sitting on the market, and even with fewer homes, prices are still remaining steady.

If you have any questions about the market or about getting your home sold, feel free to give us a call. We have a lot of expertise in this area and would be glad to help you out. 

What Can You Expect in Calgary Real Estate in 2015?

There are many great Calgary area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a list of Featured Properties so you know what buyers will pay for your home in today's market. You may also call me at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions.

The one question that keeps coming up from our clients is, "What's going to happen with the Keystone pipeline, and how does that affect real estate?"

In just the past few weeks, the bill proposing the construction of the Keystone XL Pipeline was passed through Congress for the 9th time, then was down-voted by the senate by just one vote. This is very intriguing heading into 2015, because the Republican Party will once again gain majority control of the senate, and chances are the bill will be passed by the senate soon. After this happens, it will sit on the desk of the president, and he can decide whether to veto the bill or not.

We don't know exactly what's going on behind the scenes, but we do know this: Sometime in the near future, they are going to have to do something with exportation of energy from Canada. The Americans will need it, and the world will buy it.

Now, we aren't experts in the energy exportation market, but we are experts in Calgary real estate, and how certain trends are indicative of the economy on a larger scale. Here is what has been happening:

Through October of 2014, we had 30,000 home sales. This is the same number of home sales we saw in all of 2013, and we expect sales to rise in 2015 as well. Home prices are staying steady right now, but there are two specific markets that will indicate how you will personally be affected. One is the single family home market, where 60% of sales are between $300,000 and $600,000. The other is the condo/apartment market, where the $200,000-$400,000 price range dominates the market. These two markets will be great indicators to look at to understand how the market is shifting.

Going forward, one huge statistic that will be important in real estate over the next few years is the net migration predictions. More than 38,000 people are expected to move to Calgary each year in 2015, 2016, 2017, and 2018. With so many people moving to the area, we are going to see a huge impact on real estate, especially in the two markets mentioned above.

We have a lot of good things to look forward to in 2015. If you have any questions for us in the meantime, don't hesitate to give us a call or send us an email. We look forward to hearing from you soon!

What do Property Law Changes Mean for You?

There are many great Calgary area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a list of Featured Properties so you know what buyers will pay for your home in today's market. You may also call me at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions.

 Today we would like to talk a little about what's been going on recently with local lawmakers. The government is currently proposing over 50 changes to Alberta's condominium property laws.

This is especially significant in Calgary, where one of every 3 sales is a condominium sale. That being said, condominium property laws can get very intricate and difficult to understand. We want to help you through the maze that is owning, buying, and selling a condominium. 

We are excited to be building 27 new condos that will be coming on the market in the spring. The price point of these is around $250,000 and they are located in a spectacular inner city location. 

We want to help you understand everything and talk to you about your needs with respect to condos or single family homes. If you happen to have any questions, please feel free to give us a call or send us a quick email. We look forward to working with you in the future!