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real estate: Why Would I want to Buy a House in Calgary Right Now? - 01/16/09 09:17 PM
Most of us think about owning a home, most of us want to own a home some day, why not now?
Prices of homes in Calgary have been falling. One of the major banks recently forecast that the price of an average home in Calgary will drop by 1% in 2009 before an increase occurs in 2010. What this indicates is that we are at, or very close to the bottom in terms of home prices in our city. NOW IS THE TIME TO BUY.
Why would you want to buy when you can rent?
Control your payments. Your payments will … (1 comments)
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real estate: How Bad Is The Housing Market In Calgary? - 12/06/08 05:39 PM
I am a Realtor, so by nature I am an optimist. Every day I get questioned about how bad the re-sale home market is in Calgary. Every day I respond that while it is pretty rough out there, it's not as bad as some pessimists would have you believe. Here are some of my opinions on where the market is and where it is going. I will strongly caution that anybody who tells you that they KNOW what the market is doing is a charlatan, delusional, or both.
The re-sale home market is not nearly as bad as it feels. While … (0 comments)
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real estate: Calgary Market Conditions - 05/09/08 04:58 PM
After the wild ride we had two years ago and to a lesser extent in 2007, 2008 is shaping up to be a completely different kind of market.
There are a tremendous number of homes on the market, 10330 single family and condos in Calgary metro as of this writing. I consider a "Normal" market to have between 3,000 and 4,000 listings, so you can see there is a lot to choose from, and it is definitely a buyers market, with lots of wheeling and dealing.
Why are there so many Listings? Several reasons, paramount among them is that many people jumped into … (3 comments)
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real estate: How Not To Pay Too Much For Your Home - 02/14/08 11:05 AM
This article was originally published as a 22 part series of blogs. Here it is as one article, enjoy.
Whether you are buying your first home, or fifth, the process of buying a home is a detailed, time-consuming venture. At the same time, it's an emotional period laden with difficult choices. You want to ensure that the home you purchase meets your family's needs now, and in the future. Each of these decisions often involves money. When you consider all that money represents, you'll want to ensure that you don't pay too much.
#1 Develop a needs vs. wants list
Reality check time. You … (0 comments)
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real estate: Home at Last: 60-unit affordable housing development opens its doors in Calgary - By Dan Leahul - 01/25/08 05:48 PM
The ongoing effort to increase affordable housing in the city took a step forward with the grand opening of the Crestwood Affordable Housing Development last week.
The newly completed development in Millican-Ogden is a $13.2-million, 60-unit, four storey, multi-family housing development that will provide affordable rent to low-income households with children and also Calgarians with mobility difficulties.
"The Calgary Real Estate Board Charitable Foundation, its member REALTORS® and industry business partners are thrilled to be involved with the City of Calgary and other levels of government on the Crestwood development," said Dave Hiley, president of the Charitable Foundation. "The foundation looks … (0 comments)
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real estate: Real estate forecast indicates balanced market in ‘08 - By Dan Leahul - 01/25/08 12:57 PM
More than 1,700 REALTORS® and real estate professionals attended the Calgary Real Estate Board's fifth annual forecast breakfast last week to hear newly appointed president Ed Jensen's outlook for the new year and an overview of the roller-coaster ride that was 2007.
The 2007 commercial market was positive, as there was a 2.8% increase in sales with 955 properties sold, compared to 928 in 2006. The total dollar volume of commercial property sold was $4.9 billion in 2006, and in 2007 that number rose over the $5 billion mark, a 0.7% increase.
Last year saw an increase in Calgary industrial sales … (0 comments)
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real estate: How Not To Pay Too Much For Your Home (Part 3 of 22) - 01/25/08 12:12 PM
#3 Choose your winning team
Buying a home is a complicated process, governed by contract law, with many people involved and many things that can go wrong. It is of Utmost importance to have the best possible team on your side. From choosing the right mortgage, to finding a home inspector, to viewing available properties, there are many steps involved for even the hardiest person. With a professional realtor on your side, you'll have access to these services, already in place, and highly recommended. A good agent has the knowledge and experience developed from many years of helping both buyers and sellers. … (0 comments)
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real estate: How Not To Pay Too Much For Your Home (Part 2 of 22) - 01/24/08 11:34 AM
#2 Get pre-approved prior to shopping
I can't over emphasize the importanceof being pre-qualified. With the recent tightening up in the financial sector it has become more difficult to get mortgage financing. Blame the sub-prime lending market melt-down for that. It is of extreme importance to know what you have in terms of buying power. You may be surprised by the amount, and it will help focus your search.
In some cases it can also save you from the heartache of finding your dream home and not being able to get it. This could be either because you could not get the funding or … (0 comments)
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real estate: How Not To Pay Too Much For Your Home (Part 1) - 01/23/08 12:39 PM
I have compiled a list of 22 important points to consider when purchasing a home. My aim is to post one point each day with an examination of it's importance in protecting your interests when buying.
Whether you are buying your first home, or your fifth, the process of buying a home is a detailed, time-consuming venture. At the same time, it's an emotional period laden with difficult choices. You want to ensure that the home you purchase meets your family's needs now, and in the future. Each of these decisions often involves money. When you consider all that money represents, you'll want to … (1 comments)
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real estate: Derrick Barbour - Newfoundland Realtor - 01/22/08 01:45 PM
Welcome Derrick Barbour of Royal Lepage to AR.
Derrick comes with many years of experience and other than being expert in Newfoundland real estate also has practiced in Houston TX. Check his profile at http://activerain.com/derrickbarbour and his web site at www.derrickbarbour.com.
He is an excellent and coscientious Realtor whom I have done referral business with in the past and look forward to doing again in the future.
… (17 comments)
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real estate: More about me - 01/21/08 01:03 PM
In my first post a couple of comments stated that I did not tell enough about myself....I could post my profile from my web page, but I won't put you through that agony. If you really want to read it go to my web site(www.keithsellscalgary.com). It's not bad but it is intended for another audience and there is a lot of marketing speak in there.
Let's see......where to start.
I was born and bred in Newfoundland, Canada's most easterly province. Lived there until movng to Calgary for economic reasons in 1996. I love Newfoundland but not the economy.
I am trained and worked as a … (8 comments)
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real estate: New Calgary Real Estate Board President Comments on Market - 01/21/08 12:44 PM
Ed Jensen takes reigns as 2008 CREB® president - By Angela Anderson The president of the Calgary Real Estate Board has taken the reigns, as of Wednesday, and says he's enthusiastic about bringing his experience to the governing body of the Calgary Real Estate Board (CREB®).
Ed Jensen brings with him nearly three decades of experience in the real estate industry-as a REALTOR®, broker and a certified instructor.
"I just love people. I came into the real estate business to work with people, and found out very quickly that I get this satisfaction from helping people. Part of that is helping them find … (0 comments)
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real estate: First Post - 01/20/08 04:32 PM
Hello Active Rain
This is my first post to AR, and I'm kind of new at this so bear with me. I am a Realtor in Calgary, Alberta, I have been in Real Estate for 5 years here, but my total experience is about 9 years as a Realtor originally from Newfoundland.
Thank-you to Virginia Hepp in Mesquite, NV for the invite!
I have my main web site at www.keithsellscalgary.com with my blog at www.calgaryrealestateblog.com please visit me there as well.
I am also gathering a list of Realors throughout the USA and Canada who are interested in doing referrals and relocation efforts. The idea … (30 comments)
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Keith Vincent
Calgary,
AB
More about me…
Maxwell South Star Realty
Address: 41, 1200 37 Street SW, Calgary, AB, T3C 1S2
Office Phone: (403) 249-7000
Cell Phone: (403) 461-5511
Email Me
One of the top producing agents in Calgary, Alberta gives thoughts and advice on the real estate market, where it's been and where it's going
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