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Speaking Fluent Real Estate: The Calgary Edition 

A Simple Guide to Understanding the Terms You Will Hear When Buying or Selling a Home in Calgary 

If you have ever walked out of a real estate conversation thinking, “What did half of that actually mean?” - you are not alone.

In Calgary, buyers and sellers hear terms like RPR, conditions, possession date, and deposit almost immediately. For most people, it can feel like a completely different language.

The reality is that real estate does have its own terminology. Not because it’s overly complicated, but because each step of the process has a specific meaning behind it.

Once you understand those terms, everything starts to make more sense. Conversations become clearer, decisions get easier,…

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Rural Living in Alberta: Embracing the Country Lifestyle

Rural living in Alberta offers an unparalleled experience of tranquility, open spaces, and a strong sense of community. Whether you are drawn to the beauty of vast landscapes, the slower pace of life, or the opportunity to reconnect with nature, rural living has something for everyone. In recent years, more people are leaving city life behind in search of the peace and beauty that only rural Alberta can offer. From endless horizons to a tight knit community feel, rural Alberta is becoming a dream destination for those looking for a slower pace and deeper connection with nature. From charming farmsteads to luxurious acreages, Alberta’s rural areas provide a lifestyle rich in rewards and…

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Thought that selling your home during the winter months was impossible? Think again! 

Winter is actually a great time to sell your home if you play your cards right.

With fewer homes for sale during the winter months, you might actually be able to negotiate a higher price. Fewer houses on the market also give you a chance to really stand out with your listings and showings. Not to mention, January is a popular month for relocations, so buyers are motivated and ready to make a quick decision.

We also can’t ignore the fact that anyone willing to brave the Canadian winter weather to go house-hunting has got to be serious! 

We’re going to let you know how you can best prepare your house for a sale during the winter months.

Follow these tips and…

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November 2022 Calgary Real Estate Statistics Recap

If you're looking for a complete statistics package for your local market, contact us and let us know what you need. We have regional stats (Calgary, Airdrie, Cochrane, Okotoks, Chestermere, etc)  as well as the various zones in the city, and individual community stats. We can also set you up with our monthly market reports to keep you in the loop on the latest listings and sales in your community. 

Latest Combined Calgary Real Estate Statistics: November 2022

  • Benchmark Price $520,200
  • Inventory 3,109
  • Sales to New Listings Ratio 102%
  • Months of Inventory/Supply  1.89 Months of supply (Up 1% Y/Y)

Year to Date Calgary Real Estate Statistics: November 2022

  • Benchmark…

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If you are looking to sell your house, there are many questions you may not yet have answers to like ‘when was my house built?’ and ‘who built my house?'. Knowing the history of your home is important to buyers who are often interested in every detail about the property that they are buying. 

Before closing the sale on your home, you may need to do some research to determine its age so that the buyer can be more informed. We will go through the steps for how to find out when a house was built and who constructed it.

How Old Is My House?

Determining when your house was built can seem like a complicated and daunting process. Uncovering the history of a home you are interested in buying can also leave you scratching your head. With a little effort…

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January 2022 Calgary Real Estate Statistics Recap

To summarize the Calgary January 2022 real estate market in one video thumbnail... In January 2022 we saw multiple listings go for over six figures above list price, with unconditional offers! 

Inventory in Calgary is now at only 2,620 units, this represents a significant decrease (35% from 2021) with sales up over 66%! This months supply levels reached the lowest we've seen since 2006. 

“Expected gains in lending rates are contributing to persistently strong demand in the housing market, as purchasers are eager to get ahead of any increases,” said CREB® Chief Economist Ann-Marie Lurie. “We did see more listings this month, but it did little to change the market balance or take any pressure off…

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Paint can make or break a room and if you are like most people you might be nervous about your paint selections. Picking the right colour is an extremely daunting task especially when you get to the paint store (We frequently have used and recommend Cloverdale in Calgary) and discover that ‘white’ or ‘grey’ have 100s of shades each. Just remember it is worth it!! The right execution can elevate a space from small, dingy and rough to clean, bright and fresh for a very minimal cost. Paint is probably the best investment you can make when getting ready to sell your home. Here are a few steps to make choosing the right colour less stressful, help with the process and ensure if you do make a mistake it keeps the time and costs to a minimum. 

Keep reading…

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November 2021 Calgary Real Estate Statistics Recap

Back in September sales were STRONG and they're continuing to be red hot, the city of Calgary and surrounding areas markets continue to stay hot and in demand, with inventory continuing to battle the fast paced sales on the market.  

In November we saw over 2,000 sales across all property types, this is just shy of the previous record which was set in 2005. While some economists believe this to be dReal Estate Statistics in Calgaryriven by what's believed to be impending interest rate increases, the truth is, we really can't say for certain that this is the leading cause. Our country continues to open up for immigration, major cities in provinces like Ontario and British Columbia continue to demand housing prices and costs that are…

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September 2021 Calgary Real Estate Statistics Recap

The headline for September real estate in Calgary? SALES REMAIN STRONG. CALGARY REAL ESTATE STATISTICS september 2021

The record for sales in September was set back in 2005 when Calgary witnessed some of it's most significant increases in value in the housing market. This month nearly reached this total with a combined (all property types) of 2,162 sales! This represents a year of year increase of over 26.7%. 

Chief economist Ann-Marie Lurie of the Calgary Real Estate Board (CREB®) said “While sales activity in the fall tends to be slower than in the spring months, the continued strong sales are likely being driven by consumers who were unable to transact earlier in the year when supply levels had not yet adjusted to demand,” 

Right now…

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One of the biggest challenges condominium home owners face is finding enough storage space within their units.  While plenty of condominiums (especially newer builds) offer secured storage locker space, that isn't always a practical solution for everyone, and the challenges for finding balance and minimalizing clutter can often be difficult. 

Fear not! We're here to help! Here's a few solutions and storage hacks that are practical and stylish. 

Under Bed Storage

Purchasing a bed with storage beneath can be incredibly valuable for those with limited closet space in their bedrooms. It's a perfect option for those less used pieces of clothing that take up a lot of space (We're looking at you ugly Christmas sweaters) 

Floating…

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