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A collection of blogs for Calgary REALTORS. 

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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So you're thinking about joining one of Canada's most exciting and fastest growing brokerages? We're here to break down the Real Brokerage model, stock awards, and benefits we've seen from being at this brokerage since we joined in Q4 2021.  

The leadership team with the Real Estate Partners has met with the CEO of REAL BROKERAGE INC Tamir Poleg numerous times about systems, ways to improve and build the brokerage, future plans, and much more, in every one of those meetings not only was Tamir responsive and engaged, but we also were given the opportunity to speak with other leaders at Real Brokerage so we could speak first hand to people overseeing different divisions. 

Visit our newest site calgaryrealestateteam.com to learn more about our team and…

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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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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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The word "Expensive" by definition is something (costing a lot of money) That term is truly relative for each individual home buyer, someone with a net worth of $20,000,000 may not consider a home priced $3,000,000 as expensive, while a first time home buyer just emerging into the workforce and real estate industry may view homes priced over $750,000 as too expensive. Nonetheless, we've put together a dynamic list of the most expensive (AKA highest priced) homes for sale in Calgary and surrounding areas including Chestermere, Okotoks, Cochrane and Airdrie.

Real Estate Highest Selling Listing Statistics. 

Calgarys highest priced home sale in 2020 was a property for over $4,000,000

Airdries highest priced sale for a detached home in 2020 landed…

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Once we put your home on the market and set our sellers marketing system into action, you’re going to start receiving showing requests on your home. You probably know the drill, you likely did the same thing when you purchased the house. REALTORS® and our team, with active home buyers will connect with your agent to book a showing of your house with their clients, and that could end up keeping you on your toes. Many of our sellers still have to juggle the everyday tasks of life and showings to view your house can be unpredictable. If you have children or pets, it is likely to become a harder job to maintain your home in pristine show ready condition, than you may have anticipated. 

However, there are always ways to make…

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When you’re asking your friends, family and colleagues about their recent home purchase and their mortgage experience, often the conversation starts  and ends with “what’s your mortgage rate?’ 

Here is the truth, when you’re shopping for a mortgage, the rate is a super important piece of the conversation, but it shouldn’t be the only piece of the conversation. 

7 things to ask your Mortgage Broker if you’re getting a mortgage in Calgary

1.    What is the down payment requirement for this mortgage rate? 

Reminder, mortgage rates differ depending if your deal is insured or uninsured. It's important to confirm your down payment with your broker, some rates aren't available for all home purchases, in fact, there are situations…

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One of Calgary's most popular destinations, Kensington features a large collection of trendy businesses including boutique shops, incredible restaurants, pubs with outdoor patios, some great coffee spots, very similar to Inglewood with it's own style and flavour. 

Kensington neighbourhood

~ Image Description: Much like every other trendy and emerging neighbourhood in North America, Kensington features some incredible street art. ~

Our neighbourhood guide is built to give you an idea of this revitalization zone, which primarily runs along 10th Street Northwest and throughout Kensington Road. 

Kensington Neighbourhood Guide
  1. Kensington Introduction
  2. Real Estate in Kensington
  3. Lifestyle and Living in Kensington
  4. Schools in Kensington
  5. Events in Kensington
    6. …

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