A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

 

June spells a gradual recovery.

 

Stable prices in detached sector signal balanced conditions despite increased inventory.

 

Calgary’s housing market in June saw a modest improvement in sales along with an increase in new listings.

 

However, demand gains have not kept pace with the amount of new listings coming onto the market. This caused inventory levels to increase to 6,659 units, which is 11 percent higher than last year’s levels.

 

Despite the recent shift in inventory this month, second quarter activity continues to demonstrate improved supply-demand balance and price stability. City wide benchmark prices totaled $441,500 in June. This is a 0.5 percent gain over last month and nearly one percent higher than last year... - Source: CREB®

 

 

Source: Used under standard YouTube licence terms.

 

Post CommentComments: 0Read Full Story

Home prices remained stable in May.

 

Demand for detached housing continues to rise.

 

Fueled by the detached sector, Calgary home prices trended up for the fourth consecutive month, but remain below 2014 highs.

 

“The economic climate is supporting detached housing market recovery,” said CREB® chief economist Ann-Marie Lurie.

 

“Improved demand and easing supply has created more balanced conditions and ultimately some modest price gains. While it will still take some time for prices to recover, the transition in the detached segment is an important first step to stabilization across all segments of the housing market.”... - Source: CREB®

 

 

Source: Used under standard YouTube licence terms.

 

Post CommentComments: 0Read Full Story

City-wide prices hold steady in April as labour market conditions pick up.

 

It’s not a completely new look at this point, but it’s definitely newish.

 

With recent improvements in the labour market and a balanced detached sector, city-wide benchmark prices reached $439,600 in April, similar to the previous month, but 0.90 per cent below last year’s levels.

 

“More jobs means less uncertainty for people who are sitting on the fence,” said CREB® president David P. Brown. “There also tends to be fewer people who need to sell when employment improves, and that can prevent inventory gains and further price reductions in the market. It’s a good scenario for sellers who are entering a spring market that’s in better shape than anything we’ve seen in recent years.” - Source: CREB®

 

 

Source: Used under standard YouTube licence terms.

 

Post CommentComments: 0Read Full Story

Seller Secrets for Today's
Calgary Real Estate Market

When it comes to selling your house, you probably want to get the most money you can in the least amount of time, with the least amount of hassle.

 

To help you create the best pricing strategy, we've compiled research and advice from leading experts to give you the very best answers to the most common pricing issues and questions.

 

This is the result of countless hours of market study, including the review of thousands of survey responses, as well as list price and sold price data from literally hundreds of thousands of transactions.

 

And the research is clear: pricing a house for sale correctly from the start is one of the most important factors in ensuring that the house sells quickly and for the highest price possible.

 

The very best agents know the secrets to pricing a house right. And now you will, too.

 

In this video series, we'll explore how the market determines price, the value of improvements, a...

Read Full Story
It's a very common question for consumers, students and for real estate industry members: How much do real estate agents really make?

I know a lot of new agents didn't have a clue when they started and some still have a belief that they can make well over $100,000 per year working less than 40 hours per week.

The answer to this question can vary wildly depending on where you're working and how many hours a week.
 
A recent infographic by one of the larger MLS data republishers, Point-2, explains some of the variables that agents, sellers, buyers and someone interested in getting into the business may find useful.

Take a look at this information in this video:
 

 

Source: Used under standard YouTube license terms.

The survey and the video talk about American numbers. As always, real estate is very local. In Canada, surveys have indicated that the average agent makes less than $40,000 per year. This is a gross income amount. Since real estate agents are independent contractors...
Post CommentComments: 0Read Full Story
CREB®Now reporter Kelsey Hipkin got an exclusive chance to sit down with Kevin O’Leary at the 2015 CREB® Forecast Conference and Tradeshow.
 
 

 

Source: Used under standard YouTube license terms.

 

The keynote for the forecast was investor, authour and TV personality Kevin O’Leary. O’Leary took some time before he hit the stage to sit down for a one-on-one covering everything from success to customer service to who he thinks is the greatest guitarist in the world.

Let me know what you think!
Post CommentComments: 0Read Full Story
Ever wonder what happens to some homes that sell, but you never see them on the MLS® System? Or why a home is entered into the MLS® System and it is marked as sold almost immediately?

Pocket listings are where only the real estate agent that took the property listing doesn't share it with the other local Calgary board of REALTORS® membership. Sometimes they only share it with members of their own brokerage firm, but often they don't.

The tighter the inventory gets, the greater this phenomenom may be. Can the seller get the best deal without full, local MLS® System exposure?

Take a look at this information in this video:

"Hundreds of thousands of property listings are on the multiple listing service (MLS) for a reason. These real estate industry leaders discuss why buying or selling secretly or off of the MLS can be risky!"
 
 

 

Source: Used under standard YouTube license terms.

 

While the Calgary Real Estate Board doesn't have mandatory submission to...
Post CommentComments: 0Read Full Story
Take a look at this information in these videos:

When you're ready to buy a home, work with an ABR®:
 
 

 

Source: Used under standard YouTube license terms.
 
The difference between an ABR® and a buyer's representative:
 

 

Source: Used under standard YouTube license terms.
 
Why consumers should hire an ABR®:
 

 

Source: Used under standard YouTube license terms.
 
The difference between Customers and Clients:
 

 

Source: Used under standard YouTube license terms.
 
In Alberta, by law, in order to receive buyer representation, you, as a client, must sign a representation agreement with your real estate agent. By Alberta law, if you decline to or fail to sign an agreement, the agent must treat you as a customer. The agent you are working with will get you to acknowledge that fact in writing to show that you have waived your right to representation in the purchase of the property. Yes, even if the seller is represented...
Post CommentComments: 0Read Full Story
Here's a little fun...
 
A discussion between a RE/MAX agent, his client and a competing agent sets the stage for a rap song. If you'd like to get started, contact us today.
 

 

Source: Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

Hey, did you know daylight saving time is ending this weekend? Of course you did! So why do so many real estate agents feel compelled to remind prospects, clients and colleagues of this non-event in countless Facebook posts, emails, text messages and newsletters.

 

 

Source: YouTube - Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story
Real estate analyst, Barbara Corcoran explains how to go about buying a condo for your son or daughter and why it's far better than living in the dorm. We'd be glad to chat with you about how to make this is a great real estate strategy for you. If you'd like to get started, contact us today.
 

 

Source: Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

If your home is lingering on the market without any offers, there could be a few reasons why. As RE/MAX explains in this video, condition, price and location are the three key factors buyers are looking for in a potential property. Find out what you can do differently to ensure your home is fit to sell. If you like to get started, contact me today!

 

 

Source: YouTube - Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

Turn your home into a model home by depersonalizing, decluttering, making necessary repairs and showcasing your property's best features to attract the right buyer. Potential buyers will form an opinion of your home within seconds of seeing it, so making a lasting first impression is important.

 

 

Source: YouTube - Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

Learn the key areas and features that are most important to buyers so you can ensure your home is fit to sell quickly -- and for top dollar.

 

 

Source: YouTube - Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

Are you ready to sell but in need of guidance to make your home stand out to potential buyers? Watch this short clip for answers to the most commonly asked questions sellers have when preparing their home for sale.

 

 

Source: YouTube - Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

Even in winter, your home can be "Fit To Sell" with these curb appeal tips. The simple concepts in this video series can help you and your RE/MAX Sales Associate get the most on the sale of your home.

 

 

Source: YouTube - Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

Focus on these rooms first and make your home "Fit To Sell." These simple concepts can help you and your RE/MAX Sales Associate get the most on the sale of your home.

 

 

Source: YouTube - Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

Avoid these 10 mistakes and discover easy steps to make your home "Fit To Sell." These simple concepts can help you and your RE/MAX Realtor® get the most on the sale of your home.

 

 

Source: YouTube - Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

Depersonalize and discover easy steps to make your home "Fit To Sell." These simple concepts can help you and your RE/MAX Realtor® get the most on the sale of your home.

 

 

Source: YouTube - Used under standard YouTube license terms.
Post CommentComments: 0Read Full Story

 

Source: YouTube - Used under standard YouTube license terms.
 
This is a great video created by an agent that claims to "bust the myth" that the agent (or real estate brand) with the greatest number of signs in your neighbourhood is the right agent for you.
 
What do you think? Is this a reasonable claim?
Post CommentComments: 0Read Full Story
Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.