Archive for November, 2019

Just Listed 44 Evanscrest Way NW

Friday, November 8th, 2019

Just listed this great starter home in Evanston.

Full Listing Details:  Click here

MLS: C4275196

Like new, Bright & Beautiful 2017 Pacesetter home with an open concept layout, a large lot and located on a quiet street.  Did I mention the 24 x 24 double garage to keep your vehicles warm? Great Curb appeal with the front porch. Upon entry you will notice all the extra windows making the living room very bright.  Main floor offers an open concept with Living Room, Dining room and Kitchen featuring granite, stainless appliances and large Island.  Head upstairs and you will notice the wide staircase.  Upper level features Master with spacious walk in closet and 5- piece ensuite with granite.   Two other bedrooms and the main bath complete upstairs.  Downstairs is untouched, awaiting your creative touch. Bmst is well laid out and provides 2 windows so you can have a bedroom and a family area with windows.  Step out back and relax on your 10 x11 Deck. Features an oversized double garage (24×24) with plenty of room to play in your yard.   Fully Fenced and landscaped with stone patio.

 

Taking the Stress Out of Selling your Home

Tuesday, November 5th, 2019

For some people, the thought of listing their home for sale is stressful. They worry about all the things they have to do — and all the things that might go wrong. Luckily, it doesn’t have to be that way. Here are some tips for making your home sale go smoothly:

· Give yourself time to prepare. If you’re thinking of selling six months from now, start preparing your property     now. Do any necessary staging, and get it looking its best. Avoid doing these tasks at the last minute.

· Set the right price. Pricing your property too high will likely result in few, if any, buyers coming to see it. You     might end up having to lower your price later, causing your home to linger even longer on the market. That’s stress   you don’t need!

· Have a flexible viewing schedule.  Buyer’s view homes on their schedule – not yours. If you make it too difficult  for buyers to see your property, they might lose interest or simply choose to buy another home. Be as flexible as possible when a buyer wants to view your property.

· Plan get-away activities. When a buyer comes for a scheduled viewing, don’t be home. Instead, plan some fun activities for your family. Think: playground, shopping, cycling, the zoo, etc.

· Accept the ups and downs. Prospective buyers might say they love your home and plan to make an offer. Then you don’t hear from them again! It happens! Accept the inevitable ups and downs of selling your home.

· Get help with repairs. You’ll probably have things that need to be fixed around the home, like a dripping faucet that needs repair or a room that needs painting. If possible, hire a professional to do some of that work.

· Finally, work with a great real estate agent. That will make the biggest difference in ensuring your move goes smoothly and stress-free. Looking for a real estate agent like that? Call me!

What is really happening in the Calgary Real Estate Market?

Friday, November 1st, 2019

Calgary Real Estate Market Snapshot at a glance!

This graph shows the 2 year trend of months of Inventory for all sectors in the Calgary Real Estate Market.

Notice this month how everything trended downwards making it a stronger market.

Current Report: November 1, 2019

 A slightly new format this month and moving forward due to technology challenges with reading the graphs on a cell phone.  This should help.

Below see all the stats (Info taken from the Calgary Real Estate Boards Monthly Stats Package.

 

Just a few comments on this month – These are my comments and my opinions. 

 It’s interesting how we are bucking the trend and October saw a stronger market in all Sectors.

 Current Months of Inventory (Absorption Rate): 

The good news is that we reversed what we lost in momentum last month. This month every sector saw a decline in the months of inventory (Absorption Rate) with the lowest decrease being Detached homes at -.39 and the largest with Attached Row homes at -.95.

Once again Detached homes moved into a balanced Market Position.

Calgary Listing Inventory

Calgary listing Inventory decreased in all sectors this month for a total of 396 listings less than one months ago. Typically, this is the trend we will see until the end of the year.

 Calgary Sales:

Sales for October increased over September sales.  Every sector increased a little for an increase of 76 sales over September.  While this in not a big number it is substantial as typically October sees less sales than September.

Sales Compared to 2018: 

October Sales compared to last year were 9.6% higher.

Last month we were 8.2% higher so this is a very good trend and hope it continues.

 Calgary Real Estate Sales Prices:

Prices for Detached homes, Attached Row Homes declined by $3,200 and $2,700 respectively.

Prices for Semi- detached remained flat while Apartment Condos increased by $2,600

Months of Inventory/Absorption Rate: What does this mean you might ask?

The inventory divided by the number of sales in the last month).

 **Please note that these numbers include only Calgary and do change on a community basis, and more so for towns.  This report does not include rural properties and does not consider differences in different price ranges.  If you would like to find stats on your community just let me know.  If you have any questions about this summary or about Real Estate in general, please feel free to contact us.