Archive for June, 2020

Relocating to a Different Town or City

Tuesday, June 16th, 2020

Moving around the corner or even across town is relatively simple because you are likely familiar with the various neighborhood’s and you can access them anytime. If there’s a listed home you want to view, you can simply go see it. Relocating to a different town or city, however, is much more challenging. It may not be possible for you to make multiple visits to see homes for sale. You may also be unfamiliar with the various neighborhood’s.  So what do you do if you want to move out-of-town or need to relocate due to work?

Your first step is to get the information you need.

  • You’ll want up-to-date data on the neighborhood’s so you can pinpoint the ones that are the best fit for your needs and lifestyle.
  • You’ll also want to get a sense of the types of homes for sale in those neighborhoods — style, size, features, listing price, etc.
  • A conversation with a Local agent can be a wealth or information.
  • Once you have an idea of area’s of interest have your agent set you up on a listing’s search – If you have time do this 3 -6 months early so you get a sense of prices in neighborhoods.

Your next step is to schedule a day (or more)  to view homes.  Remember buying a home is a huge investment so its wise to not rush the process. This visit must be carefully planned so you only see those properties that are likely to be of interest. You don’t want to travel all that way only to end up seeing properties you wouldn’t likely buy. What a waste of time!

So, if you’re relocating, you’ll need help. Give me a call. I can help make the relocation go smoothly for you.

Just Listed 1210 Coopers Drive SW

Monday, June 15th, 2020

 

Huge Price Reduction

Now only $599,000

MLS # A1036321

Don’t be fooled by the front photo that may look like a starter home.  With over 3570 square feet of developed living space and a 603 Square foot Attached garage this home is a stunner.

View online Listing @  https://www.tswrealestategroup.com/for-sale/1210-coopers-dr-sw–C4302051

Stunning family home in Coopers Crossing

Contact us for further information or your private viewing.

Dealing with Stress when Selling Your Home

Friday, June 12th, 2020

Let’s face it. Planning events, even exciting ones like an overseas vacation, can be stressful. So, it’s not surprising that some homeowners — even those thrilled about moving — can slip into “worry mode” when putting their property up for sale. Unfortunately, this anxiety can make the process of selling an unpleasant experience. Who wants that? So here are some things you can do to reduce selling stress and enjoy the adventure.

• Understand the selling process. The more you know about the steps involved in selling your home, the less mysterious — and, therefore, less stressful — it will be.

• Give yourself the time you need. Feeling rushed and stressed comes from trying to do too much in too little time. Even if you’re selling quickly, it’s important to block off sufficient time in your calendar for the things you need to do.

• Take care of yourself. As television psychologist Dr. Phil often points out, you can’t give what you don’t have. When it comes to selling your home, that means you need to eat well and stay healthy, so you have the energy you need throughout the process.

• Make your home attractive to buyers. That not only means tidying up and doing a little home staging, it also means setting the right listing price. Nothing eliminates the stress of selling more than having flocks of qualified buyers interested in your home.

• Get the help you need. You don’t have to do everything on your own. That’s why working with us is so advantageous. We take care of the many details for our clients so that they can enjoy the journey. Sure, there are going to be a few stressful moments. However, the process of listing and selling your property, while looking for your next dream home, can be an exciting experience. Let me help you.  Contact us Today.

Just Listed 6 Chisholm Cres NW Calgary Ab. T2L0Z1

Thursday, June 11th, 2020

Just listed this immaculately maintained 4 level split located on a quiet tree lined street situated on an oversized lot in the desired community of Charleswood.

Check our our Video Tour:  https://youtu.be/1J9InZXErQA

MLS Listing:  C4301537

See more info and photos @ https://www.tswrealestategroup.com/for-sale/6-chisholm-cr-nw–C4301537

Contact us for more information or to view

 


Calgary Real Estate Market Snapshot June 1, 2020

Tuesday, June 2nd, 2020

The market is simply a result of Supply and Demand therefore we look at both Supply (inventory) and Demand (Sales) and the relationship between the two.  We also update you on the current benchmark price for all housing sectors.

Following is a graph that shows the months of inventory for each Sector.  Looking at a 2-year trendline gives you and indication of where things are really heading.

Shows the absorption rate for every sector in the Calgary Real Estate market for the last 2 years.

Absorption Rate Graph

Following is a summary of what I deem to be the most important numbers.  Again, we look at Total Inventory, Sales for the past 30 days, Months of Inventory and of course the benchmark price.  All numbers are taken from the Calgary Real Estate boards monthly stats package.

Key Stats from the Calgary Real Estate Board.

 

Gord’s commentary for the month (just my opinion).

Its been another interesting month in the Calgary market during this Covid 19 time.

An optimist would say we gained 88.5% on sales (from last month)

A pessimist would say were down 45.5% (from last year)

Calgary Listing Inventory

Typically, May is the start of the spring market and that means increased listings.  In May we increased our listing inventory from 5576 to 5813, only an increase of 237 listings.  This small increase is good news and is helping us hold the value of homes.

Calgary Sales:

Wow, what a change Sales in May increased by 88.5% over April.  All categories increased over 80% except apartment condos and they increased by 44.2%.

Sales Compared to 2019:

It is critical to note that in all my other numbers I look at month over month.  This shows us the numbers this year compared too last year.   So, although the market saw a huge improvement in May we are still down 45.5% from last year in May, meaning we have a long way to go.

Calgary Real Estate Sales Prices:

As one would expect we did see price decreases in all sectors of between $1,800 (Condos) To $4,800 (detached homes) except for Semi-Detached homes which increased by $2000

Calgary Real Estate Sales Prices Year to Date

Every sector has seen a decrease in Year to Date Benchmark price – the smallest decrease being in the Semi-Detached sector with a loss of $600.  All other sectors saw decreases of between $5,800 to $8,600. The Total decrease across all sectors is -$6,900  or 1.65

Current Months of Inventory (Absorption Rate): 

In May, all sectors decreased the absorption rate drastically.  This is mainly driven by our inventory holding, Decreases were between -3.8 to -4.95

It is also important to note that these numbers vary by community, and by price range.  If you would like numbers for your community contact us.