Real Estate

Real Estate

Found 235 blog entries about Real Estate.

The Calgary Real Estate Board announced its stats for January 2019! Read on for the inside scoop.... 

As economic challenges linger into 2019, housing markets remain on a sluggish pace.

  • In January 804 units were sold. This is 21 per cent below long-term averages for the month of January, and 16 per cent below last January's averages. 
  • Citywide benchmark prices eased to $414,800 for residential homes, dropping 1 per cent from the previous month of December, and 4 per cent below averages from January in 2018.
  • Months of supply now sits at seven months. This is due to yet another increase in inventory, without enough sales to balance the scales. As such, Calgary continues to stay locked in a buyer's market. 

CREB® chief economist

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When you are thinking of real estate, especially now in 2019 during Calgary’s challenging real estate
market, think no further than to hire myself, Ken Richter for excellent service and ultimate results. As
your trusted professional Realtor® I have 30+ years of experience, 2018 ranked Top 6 Individual Agent at
RE/MAX Real Estate (Central), the #1 Selling Real Estate Office Worldwide for 19 consecutive years and
finished in the Top 100 in RE/MAX Western Canada once again. Contact me today at 403-630-6363 or ken@kenrichter.com.

This month the Calgary Real Estate Board released it's 2019 forecast, which echoed much of what we've heard in the last year: this economic climate is making buying and selling homes challenging. 

CREB® Chief Economist

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Nowadays it is nearly impossible to purchase a home in Calgary, Alberta Canada 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 anyone.

There are a number of factors that go into qualifying for a mortgage, such as credit history. The most important one is annual income. Banks need to make sure that you will be earning enough money to pay back what you borrowed. While this factor is easy to overcome when you have had a steady job that you will continue to

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Bright, sunny, well maintained, over 915 square feet corner unit with spacious open floor plan, 2 bedrooms and 2 baths. Enjoy the large master bedroom, walk-in closet, 4 piece ensuite and second bedroom. Open living area includes functional kitchen with breakfast bar, dining area and generous living room leading to the sunny west facing balcony. Enjoy in-suite laundry with brand new washer and in-suite storage. Building amenities include an elevator and condo fees that include water and heating! Located close to a green space, playground, schools, shopping, grocery stores, restaurants and much more! Minutes to Spruce Meadows and easy access west to the mountains!

View Listing || Explore Calgary || Contact Us

Ken Richter is a trusted name in Calgary

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Pride of ownership is evident throughout this immaculate, fully developed, appox. 1670 square feet, fully developed living space! The spacious main floor is highlighted by vaulted ceilings, an open concept kitchen & living area. Upgraded granite countertops, trendy backsplash, corner pantry, new stove, upgraded sink & faucet & breakfast bar. Living room is made complete by a beautiful mantle over the electric fireplace and views of the large south rear deck offering tons of sun & wonderful views! Upstairs living space ideal for a small office,two good sized bedrooms and a large master bedroom complete with a 4 piece ensuite. The walkout basement is great for entertaining and has several built-ins and a wet bar. The sunny south walkout features a large

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Bring on the 'WOW' factor! Amazing 2500 square feet plus of luxury total living space is featured in this quality Jayman built, five bedroom, family orientated home! The spacious and open floor plan greets you as you walk into the main living area featuring a beautiful and spacious grand kitchen complete with a raised granite topped eating bar and separate island. Built in appliances include a gas cook top, massive great room off the kitchen complete with a gas fireplace and a large dining area for the whole family! Upstairs offers 3 large bedroom plus a massive bonus room, upstairs laundry room, spa like 5 piece ensuite including two separate walk-in his/hers closets. The lower is fully developed including a rec. room and two more bedrooms, 4 piece bath

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Custom built by a small high quality craftsman builder. Photos are for next door show suite. This intricate detailed open concept 2 story features a fully developed walk-out offering dramatic south valley escarpment views! Over 2400 square feet of tastefully developed living space, including 4 bedrooms & 3.5 baths. The main floor features a gorgeous contemporary kitchen complete with quartz counter tops, engineered hardwood floors, gas fireplace, huge windows and large sunny south facing rear deck. The upper level boasts 3 large bedrooms. Enjoy the amazing south views from master bedroom complete with a walk-in closet & spa like 5-piece master ensuite and upstairs laundry! Natural sunlight floods in the fully developed walk-out, large wet bar in the

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When it comes to buying a home, you must play the delicate game of not being too picky, but also not being too lenient. You need to ensure you don't miss out on a fantastic property in a fantastic location at a fantastic price simply because it does not have some small item from your dream list, but you also need to ensure you don't buy a lemon simply because you think what the home is lacking is not a major deal. You need to navigate both your wants and your needs carefully. 

Many realtors will tell you to draft up a wish list of what you want your home to have. Homeowners put items on these lists such as french doors to the bedroom, upstairs laundry, a room for an entertainment centre, Jacuzzi tubs and more. All of these are lovely items that may…
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The Calgary Board of Real Estate notes in their January report, "as oversupply continues in Calgary’s housing market, December prices eased by one per cent compared to last month and are over three per cent below last December." This summary of what happened in the final month of 2018 paints a bleak picture of December, which hopefully ended a difficult year in the real estate; though still better than others. Our hopes are that we see even more improvement in 2019!

Here are the highlights from their statistics summary: 

  • December sales totalled 794 units. This is a 21% decline compared to December of 2017. 
  • Year-to-date sales in the city totalled 16,144 units. This is 20% below long-term averages and about 14% less than in 2017.
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Tis the season for... buying a new home?

Here is a hot insiders tip about the real estate market: buying a home right before the end of the year has major benefits. Here are three:

1). Tax Savings: Realtor.com puts it this way, “if you close by December 31, you can deduct mortgage interest, property taxes, points on your loan and interest costs. These deductions are significant, especially in the early years of your loan when you’re paying off a lot of interest.” What’s not to love?

2). Motivated Builders & Sellers: Sellers and builders will want to close a deal before the end of the end of the year. For sellers, this is so that they too can take advantage of tax breaks on their home. For builders, they will want to close on as many

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