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Information about the Calgary Real Estate Market

Found 20 entries about Calgary Real Estate.

Jan 2019 Blog post

What’s Ahead for Real Estate in 2019?

As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?”

 The Canadian real estate market experienced a cooldown in 2018 following years of rapid growth in some provinces.  Calgary and Alberta have been feeling the cool down for a few years now with major job losses.  Another factor affecting the market is the numerous interest rate hikes as well as the stress test. To help guide you through this shifting landscape, we’ve summarized some of the expert predictions and key factors expected to shape the housing market in 2019 and beyond.

SALES LEVELS WILL STABILIZE

 A combination of rising interest rates, provincial policy changes, and a newly-implemented “stress

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You've decided to sell your home and now there are countless questions running through your head. Where do you start? What type of Calgary brokerage firm will fit your needs and yield the best results?

It's common for home sellers to believe that using a large, franchised real estate brokerage firm will be more advantageous. It's understandable why people think this way, but it's a complete misconception.

In fact, there are a number of advantages to using an independent real estate firm that you're probably are unaware of. A REALTOR® enjoys a number of freedoms and advantages when working for an independent firm. This allows them to provide a level of service not always found at the large firms.

Personalized Service at an Independent Calgary

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“How’s the Market?”
What’s Ahead for Real Estate

While no one can predict the future with certainty, there are signs that the Canadian housing market is starting to stabilize in some cities after a downturn in the first half of the year. Experts forecast that in most areas of the country housing prices will remain high, rents will rise, and mortgage rates will continue to creep up.  Alberta, however, is still struggling and in a Buyers market.

So what does that mean for home buyers and sellers? To answer that question, we take a closer look at some of the top indicators.

REAL ESTATE MARKET SHOWS SIGNS OF STABILIZING

After years of skyrocketing housing prices, much of Canada is now witnessing the effects of a governmental-induced slowdown. A

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The Consumer’s Guide to Hiring an Amazing Real Estate Agent 

When you’re buying or selling a home, it’s crucial to work with a qualified real estate agent. Not just a professional, but an amazing agent and a market expert. So how do you ensure you’re hiring an amazing real estate agent

 There are currently more than two million real estate professionals in North America.1,2 With so many options to choose from, how does a prospective home buyer or seller choose the right agent or broker? According to the National Association of Realtors®, trust and reputation are the top deciding factors consumers use when hiring an agent.3

But how do you measure trust and reputation ... and what criteria can be used to help you make your decision?

In this

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Top 12 Apps for Homeowners and Renters                                                                                               

More than 77 percent of people own a smartphone.1 The average person checks their smartphone 46 times a day, with people under the age of 24 checking it an average of 74 times a day.1 We check it while we’re waiting in line and during our leisure time, whether we’re scrolling through social media, reading emails or getting up-to-date on the latest news

Smartphones are not only a useful tool for communication. With the following apps, you can get organized (whether you plan to buy or sell), save money, learn about the homes in your neighbourhood and get inspired for your next renovation project. If you’re like 81

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Blog post June 12 2017

According to current economic reports for March 2017, the city of Calgary has seen better-than-usual affordability in the housing market. Positive trends in the housing market show that there are more Calgary houses for sale. Even though the housing market is difficult to predict, there are several ways to analyze how the market functions for future investors, like yourself.

Let's start with the basics:

How Does the Real Estate Market Work?

The term real estate market refers to a property and the buildings and natural resources found on it. The market itself involves the buying and selling of a property. A real estate market also differs from one place to the next, depending on location. Housing prices in one specific geological area in a

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May 2017 blog post

Real estate in Calgary is finally beginning to thaw, and just in time for spring.

In recent years the Calgary real estate market has been struggling to gain the traction necessary to recover the damages incurred following the 2008 financial crisis.

But if the market data for 2017 so far is any indicator, real estate in Calgary is close to being back on the upswing. While it might be too early to say definitively, the figures show promise for the year ahead.

In this post, we'll discuss the current condition of real estate in Calgary, and what home sellers have to look forward to for the remainder of 2017.

Real Estate in Calgary

Real estate in Calgary has been suffering in recent years.

However, many believe that the downward trend is

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Top 5 Home Design Trends of 2017

The current trends are all about utilizing rich colour, maximizing texture and creating comfortable interiors you can’t wait to relax in. Use these trends to get inspired to makeover your home’s interiors and create spaces you love that also appeal to your personal style. Remember, if you plan to sell in the next few years, you may want to avoid doing anything dramatic and instead incorporate small changes that would appeal to buyers. 

Why are these trends gaining popularity?

The underlying theme of these trends is creating a home environment you love; one that appeals to your emotions and feels like a retreat from the stresses of the world. Although the home is a place where you can relax and spend time with

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 Closing costs and expenses in Calgary Alberta

Closing costs blog post

 

What do you have to pay?

Closing costs are separated into two parts; the buyer and the seller. The seller pays the commission, but the commission is not considered a closing cost. A closing cost includes the legal fees and disbursements from the lawyer, his base fee plus disbursements, courier cost and so on. There will also be tax adjustments.

Tax Adjustments

In Calgary, property taxes are due June 30th, every year. When you pay on June 30th, you’ve actually paid for the past six months and for the next six months. Therefore, if you sell your home during the first six months of the year, and then the closing is on say, May 30th, you, as the seller, actually owe the new buyer 5 months’

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The Compound Effect: Building Your Household’s Wealth  

Wealth is within reach for many people; however, according to a recent study, 63 percent of Americans said it’s not likely they’ll become rich.1 While younger people are more likely to say they’ll achieve wealth one day, only 34 percent of people aged 30 to 49 and 21 percent of people aged 50 or older say the same. There is no secret to becoming rich: it takes time, sacrifice and good financial sense. Here are a few ways to build your household’s wealth.

Let Compound Interest Work for You

Compound interest is your interest earning interest. While the concept may work against you when you take out a loan to buy a car or use your credit card, it works in your favour when you’re saving

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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. 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.

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