June 2016

Found 9 blog entries for June 2016.

In this day and age people have access to information that makes it easier for them to act as their own realtor. A google search can provide a list of homes are on the market, you can research all you need to know to help you close a deal, etc. However, nothing will ever outweigh the value of partnering with a realtor. Sure, you may save some costs. But what you lose in experience, knowledge and expertise is invaluable.

Here are the top 3 reasons why having a realtor is so useful:

1). Experience: Here at Team Ken Richter we like to make sure our clients know that our experience is their advantage. With over 30 years of experience, we have truly seen it all. We have weathered many different market conditions, helped all different types of buyers and

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The economy is slowly but surely beginning to recover. While some people have had to cut back on extra expenses, such as a home away from home for summer (and winter) vacations, others have been able to take advantage of the market conditions. With rent and housing prices dropping significantly to adjust to this high-inventory, low-purchase market, there are some great deals out there.

Whether you are looking to sign a long-term lease or buy, these beautiful areas of Canada are a great place to start looking for your dream vacation home. These destinations are full of things to do all year round, so choose today and secure a great getaway for this summer.

Whistler, British Columbia: If you’re looking for somewhere that serves as a year-rount tourist

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August long weekend is almost here and with it comes the opportunity for many people to get away from the city and go exploring. While not everyone has the time or the money to go on some elaborate vacation across the globe, one needn’t drive far to find beauty and new things.

Here are some daycation ideas for those wanting to explore Alberta this August long weekend:

Frank’s Slide: This is the perfect place for those of you who love history. Frank’s Slide is located north of Calgary and is a historic site marking the place where part of Turtle Mountain collapsed, burying a small town back in the early 1900’s. Not only is there a great visitor center full of old photos, artifacts and information, but you can walk through the massive rocks at the

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When you purchase a home typically you will need to go to a bank and get a loan to cover the cost of the home. Rather than pay the previous homeowners a little bit every month, you pay the bank an agreed upon amount each month until the money you borrowed–and the collected interest–is completely paid back. These payments are considered mortgage payments.

Nowadays it is nearly impossible to purchase a home without getting a mortgage. With homes as expensive as they are, it is extremely rare that a person is able to purchase a home upfront and avoid a 10-20 year mortgage. This is why when you are considering buying a property, it is important to set yourself up so that you qualify for a mortgage. After all, banks do not give out mortgages to just

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July is National Ice Cream month! Finally, a month where our ice cream habit has a good excuse. Surprisingly, for a city that is so cold with not ideal ice cream conditions, Calgary has a great ice cream scene. YYC has stepped up its game when it comes to frozen treats and we are so excited to share them with you. Without further ado, here are some great places to grab a scoop in YYC:

1). Made By Marcus: This company began on the streets of Calgary, using festivals and markets to share their delicious ice cream with the world. They opened their flagship store on 17th Ave and have a new location coming to Hillhurst later this month! The ice cream flavours are decadent and surprising, like Beets & Cream. Our favourite is the White Chocolate Birthday

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Calgary was first established as a city in 1894. Although we are a relatively new compared to our European neighbors, the buildings and communities that make up this beautiful city are rich with history. If the walls around Calgary could tell stories, they would be filled with adventure and resilience.

In recent years the city of Calgary has strived to maintain places with historic significance so that people can enjoy them for years to come. Rather than tare down the old to make way for the new, YYC is preserving and protecting places of historic significance. These historic sites are beautiful, educational and are more common than you may think. Heritage park may have an incredible collection of historic buildings, but the rest of Calgary has history

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Even the best built home filled with the fanciest appliances will experience normal wear and tear as the years go on. How quickly this happens depends on a number of factors, such as materials, installation, climate, use, etc.. This is completely natural and should be expected. The problem is most homeowners do not expect it–or, they forget about it and then are hit with unexpected and bank account altering issues.

By taking preventative measures and really caring for every part of your home, you can make it last much longer without the hardship of replacing things. Here are some areas outside of the home with things you can do now to prevent damage to them:

Roof: Spring and summer are the perfect time to do roof maintenance since it is so nice

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Right now Calgary is in a very strong buyers market. There is a lot of inventory on the market and not a lot of people in a financial position to purchase that inventory. Buying and renting prices have all gone down as sellers are adjusting to the current economic conditions.

While many believed that Calgary’s economy would recover quickly as it has in the past, they have been wrong and we are still scrambling out from the pit that the fall of oil caused. However, the one bright spot of this situation is that those looking for housing are in a great position to negotiate lower prices than Calgary has seen in a very long time. The window of opportunity will not last forever, so now is the time to make a choice.

With conditions so good, people are

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In May inventory levels continued to rise as more homes were put on the market. Meanwhile, sales activity slowed to one-thousand nine-hundred twenty-three units being sold. CREB® explains this development in their monthly housing summary for May. An in-depth report with specific statistics can can be found at their website, www.creb.com, but here are some of the major highlights:

Why did the market play out the way it did in May?

“While recent oil price gains may have some feeling optimistic, weakness in the labour market continues to impact housing demand,” says CREB® chief economist Ann-Marie Lurie. “Job losses are spreading into other sectors, wages are declining and unemployment levels remain high. At the same time, we’re seeing housing supply

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