Property Investment
November Real Estate Statistics
Increased listings, strong sales, and price growth The Calgary Real Estate Board released the November stats, saying new listings in November reached 2,227 units, nearly 40 per cent higher than the exceptionally low levels reported last year at this time. Gains in new listings occurred across…
How to flip a house
Are you one of those people who love to curl up on the couch and watch home-flipping shows? Have you ever thought about taking on your own flip? Often, newbie investors can underestimate the time, money and expertise it takes to do a successful project…
Buying a Home “As-Is” – Foreclosures and More
Buying a home “as-is” can be very tempting, especially in a seller’s market like Calgary is currently experiencing. Low supply and the price point can be factors that drive people to these kinds of properties. A CREA blog covers the risks and rewards of buying…
Condo Board Questions to Ask
Condos are a popular first step into homeownership and desired by seniors looking for low-maintenance living. Purchasing a condo is quite different than if you were buying a single-family home and there are some questions you will want answers to before you finalize your purchase.…
Renting out – a guide
Becoming a landlord can be very rewarding and help chip away at the mortgage, if you do it right. Setting yourself up for success is key, so here are some tips and tricks I’ve picked up over my decades of managing my own rental properties.…
Where Canadians are buying internationally
Many Canadians flock South for a vacation during our cold winter months but it’s becoming increasingly popular for us to own homes across the globe. In a recent CREA blog, they broke down some of the data on those buying foreign properties for both investment…
Monthly Community Highlight: Beltline
We have some amazing communities in Calgary so I’m starting a monthly series to highlight some of my favorite areas and I’m going to start with one that I’ve been spending a lot of time in lately – the Beltline. So where is the Beltline…
2023 Real Estate Forecast
The Calgary Real Estate Board (CREB®) held their annual Forecast last week, releasing their yearly outlook report for 2023 and the news is good - while economic growth is expected to slow, forecasters are not calling for a recession in the province. Migration continues to…
Rent to own fails
Have you ever heard of a rent to own agreement? An agreement between the tenant and the homeowner stating that a portion of the monthly rent is credited toward the future purchase of the property when the lease ends, typically 1-5 years. The arrangement might…
2022 saw record-high sales and double-digit price growth
CREB® released their final monthly stats package for 2022 saying the year saw record-high sales and double-digit growth. December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672…