Exciting Calgary Real Estate Update for Spring 2014

Looking to buy or sell a home in Calgary, Alberta? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions. 

I'm here again to update you on the Calgary real estate market. I will be going over certain things that clients were asking about, and also some issues that I find particularly pertinent to your success in real estate.

• We are currently below two months worth of inventory, and this is pushing prices upwards.
• This is your chance to sell if you've been thinking of selling. It's also a good time to buy because interest is low.
• The highest volume of sales is within the $500-550,000 dollar price range.
• 60% of sales are coming from this area.
• If you're thinking about making a move this spring...
• You have about a 60-90 day window to move after you've sold your home.
• If you sell your home now and buy later, there is a good chance that you will find a great deal on a new home because the market will be flooded with people selling their homes.
• It's an exciting time in Calgary for real estate:
• Inventory is low, and people are still moving here.
• Employment is strong.
• Calgary is growing very quickly population-wise with over a million people in the area.

So, if you're looking to buy or sell in Calgary, now would be the time to talk to me about arranging a time to meet and discuss your current situation. Timing is very important as we head into a very busy spring and summer marketplace. You can reach me at (403) 660-6200 or visit www.jamesmurphy.com

How to Invest Intelligently in Real Estate to Secure Gains

Looking to buy or sell a home in Calgary, Alberta? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions.

Hello again, and welcome back to my blog. I've been having clients ask me lately if it's a good time to invest in real estate despite the shortage in properties on the market. This answer isn't so clear cut, but let me explain.

I know a developer who takes inner city plots and rebuilds them. His returns on these investments are always 15% or greater. Many clients ask me how they can get involved in something like this, and I have to remind them that an investment is not a guarantee. Also, I couldn't possibly explain all the intricacies of real estate investment within the time frame of this video.

If you want to discuss these matters, please call me or sit down and talk with me. I do know builders who are taking on these sorts of projects and they are looking for equity partners. You could become a joint venture partner or simply fund a project if you wished. Regardless, if you're thinking about taking steps like these, please consult me ahead of time because these investments always have uncontrollable variables.

Although inventory is low in the Calgary area, I wouldn't ever say a real estate investment is a bad idea. You just have to have a good handle on what you're doing with your investments and how you can leverage yourself against the market to make a gain.

I'd also like to thank everyone for following my video blog. I'm flattered by your support and I will continue to produce informational content to aid you in your real estate endeavors.

You can contact me at (403) 660-6200 or at jamesmurphy.com

Thanks again for watching!

Calgary Alberta Real Estate Market Update January 2014

Click here to find out what your home is worth or to search all area homes for sale.

Welcome back! Today I wanted to answer the question I've been asked quite often lately: what's happening in the 2014 real estate market?

Calgary is having an amazing market. Right now inventory is under a two months supply, which is an 18% drop in the total active listings.

What does that mean to you? Until more homes come on the market, prices will spike, especially in the $400,000 - $700,000 range. That price range is where 60% of market activity takes place.

Now, in some neighborhoods where the demand isn't as high, prices won't spike as much. If you would like to know where those areas are, give me a call!

Overall our market is fantastic and I expect some great things from 2014.

On another note, I wanted to thank you for taking the time to watch my video today. I started this blog as a way to communicate with you about what's happening and to help you make the best real estate decisions.

If you have any questions, please give me a call today whether you're ready to buy or sell, or just want to talk about the upcoming outdoor recreational seasons.