Why Now is A Great Time to Buy!!

 

 

 

I feel incredibly honoured to receive the news that I ranked #24 in all of RE/MAX Western Canada and #2 at the #1 RE/MAX Office Worldwide, RE/MAX Real Estate (Central) for sales volume in the month of March 2019. I couldn’t have done it without my amazing team, loyal clients, and my wonderful family and friends. Thank you from the bottom of my heart for your continued support!

Sincerely,

Ken Richter
RE/MAX Real Estate (Central)

It is starting to feel like spring in Calgary, Alberta; and not just because the snow is melting and the grass is turning green. It feels like spring because the real estate market is starting to see movement again, a sign that brighter days are on the horizon. Given the circumstances one thing is becoming abundantly clear: right now is a fantastic time to buy a home.

Calgary is solidly in a buyer’s market. A buyer’s market is when the supply (available properties for sale) exceeds the demand (the number of buyers wanting to purchase a property). If you’re wanting to buy a home, a buyer’s market is the best time for you to make a move. To elaborate, when there are more properties for sale than interested buyers, it forces sellers to compete with each other in order to get their home sold. This means they may drop asking prices, include extra goods, and remove conditions on the sale. Buyers then have more options to pick from and more negotiating power.

All of these things benefit you as a buyer! Take advantage of this buyers’ market and act now! Whether you are looking to upgrade, downsize, purchase your first ever home, find an investment property, etc., this is your moment. Calgary is an incredible place to own a home. We are not just a strong city because of the energy sector; we are a strong city because of our location, our small businesses, our tourism industry, our sports teams, our citizens who continue to make Calgary THE best place to live. Owning a home in Calgary will only become more valuable!

This buyer's market will not last forever. The Calgary Real Estate Board just released their May report in which they highlighted that inventory levels have started to decrease. As inventory levels decrease, so will the strength of the buyers’ market. Act now while you still have so many options for such great value; before the power shifts back to the sellers.

Ready to make your move? Contact me today at 403.630.6363. We can talk through your options and find you the perfect home, in the perfect location, for the perfect price.

Your Real Estate Professional,

Ken Richter

Leave a Comment