Relocation
Relocating? Where to start
Deciding to relocate to another city is one of the most exciting adventures you can take and in 2022 I helped a record number of people coming to our awesome province. While it can be stressful, there are so many positives when moving like experiencing…
2022 on track to be a record year for sales
Residential sales in the city slowed to 1,648 units, a year-over-year decline of 22 per cent, but 12 per cent above the 10-year average. The pullback in sales over the past six months was not enough to erase gains from earlier in the year as…
Real Estate for Seniors
I’m always looking to up my real estate game, taking education and constantly seeking more to offer my clients to maximize their experience. One designation I obtained – Senior Real Estate Specialist (SRES®) - came in personally handy recently when I assisted in the sale…
September 2022 Real Estate Statistics – Demands shifting to more affordable options
As released by CREB® on October 3, 2022 – full link here. Strong sales for condominium apartment and row properties was not enough to offset declines reported for other property types. This caused city sales to ease by nearly 12 per cent compared to last…
Disclosure Matters
In a previous blog I highlighted some of the most common themes seen in Alberta real estate lawsuits, according to statistics, and I want to dive deeper into one particularly tricky category – disclosure. What kind of issues, physical and otherwise, do you have to…
July 2022 Real Estate Statistics – Detached home sales decline as apartment condominium sales rise
As released by CREB® on August 2, 2022 – full link here. Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year.…
Real Estate Lawsuits – Top Issues and How to Avoid Problems
Did you know that every real estate professional in Alberta has errors & omissions insurance through the Real Estate Insurance Exchange (REIX)? They are the insurer who manages legal claims against real estate agents and have insight to all of the lawsuits filed pertaining to…
Multiple Offers
In a hot market, multiple offers are common but it is not the wild west out here – there are rules that govern how to handle a situation where a seller receives more than one offer. The Real Estate Council of Alberta (RECA) is the…
Rising Mortgage Rates – CREA weighs in on the Bank of Canada increases
With the Bank of Canada raising the interest rate to 2.5%, and further increases in sight, many Canadians are wondering what the future holds for lending, in particular as it relates to mortgages. The Canadian Real Estate Association (CREA) posted a blog shortly before the…
Deposits and Alberta Real Estate
I often work with clients relocating to Calgary from other provinces, particularly Quebec, and it has given me some unique insights into how real estate is practiced in other jurisdictions, given we are all governed by our own Real Estate Acts. For example, in Alberta…