Real Estate Blog

It has been our greatest pleasure to serve Calgary for the past 30+ years, and we look forward to many more years to come. Here at Team Ken Richter we are passionate about equipping our valued clients with the information they need to make wise real estate decisions. As your trusted real estate professional, Ken is always looking out for you.

Whether you are in the process of buying, selling or investing with us, are simply starting to consider your options, or are just visiting our site for fun, we have so many resources for you to check out! Here are some highlights of our website and some new features for you to check out: 

  • Even though Calgary's real estate market has moved slowly so far this year, Team Ken Richter has been busy selling
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September is full of fun events to check out! Get out of the house and enjoy this rainy fall before the snow comes and sends everyone into hibernation mode. These events are sure to inspire you, connect you with fellow Calgarians, and provide loads of fun. 

September 11 - The Mashing : Breweries from across Canada are back again for The Mashing, a ticketed event where you can try samples of incredible, home-grown craft beer. Simply purchase your tokens at the door and redeem for samples of lagers, sours, ales, pilsners and more. This is an 18+ event with lots of opportunities to connect with your next favorite brewery!
September 14 This Girl Can Expo : This event is designed to celebrate the creativity, strength, ambition and value of young girls

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The forecast is in! The Calgary Real Estate Board (CREB®) reports, “increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000.” The sale of homes priced under $500,000 kept the market from suffering, even though higher price range homes didn’t experience as much activity.

CREB® chief economist Ann-Marie Lurie reports on the economy, “employment numbers have been improving, but mostly in industries that are traditionally lower paid. This is contributing to the shift that we are seeing in the housing market, with growth being limited to product priced below $500,000.” The jobs available are not ones that afford people the luxury of buying a home, but typically once these

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Going back to school this fall? Whether it is grade school, University, night classes, or online school we have some tips to make your back-to-school as great as it can be!

1). Buy new supplies! Even just having a new pencil case and notebook is great motivation to stay organized and work hard! There is something psychological about having fresh school supplies that makes people want to use them and use them well.

2). Sign up for your favorite stores’ email alerts! Although they are annoying for ninety-nine percent of the year, around back-to-school season they are your best chance at catching those great one-day sales for everything from supplies to clothing!

3). Spend a day off trying out your new commute! If you’re driving, see how long

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Team Ken Richter is here to get your home sold! 

We know that this recent Calgary real estate market has been challenging. Homes have been sitting on the market for longer than usual, leaving sellers frustrated as buyers continue to withhold offers and inventory levels remain high. While these are not ideal conditions to step into as a seller, you can still come out on top by doing two things:

First, stay informed! Each month we summarize the Calgary Real Estate Board's latest statistics report. You can find those summaries here and visit CREB yourself here.

Second, partner with us and experience the Team Ken Richter Advantage. When you are one of Ken's valued clients, you get to experience the power of an incredible professional real estate

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**Attention Investors** Tenants are in place and are on leases until next year!! Current rents are $900 plus 60% utilities upper and lower is $600 plus 40% utilities.

Three bedroom bilevel 1/2 duplex plus a lower illegal one bedroom suite down. Very quiet crescent location backing onto a natural hillside reserve. No condo fees and rents go right into your pocket after taxes and insurance. Close to all amenities and transportation. 3 schools are within a short walk. Two hospital and U of C are five minutes away, a short commute to downtown and easy access West to the mountains! Priced for an immediate sale!

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Foreclosure. 

This daunting word haunts our television screens as we watch fictional, and sometimes real, people face losing everything. All of the love and care they put into making their house a home was for naught; now the bank owns it and they have to be gone by Monday. We feel sick hearing that word because everyone knows that foreclosure is not something you ever want to experience. So, what is it and how can you avoid it?

Foreclosure is when a homeowner loses ownership of their property to the bank. It's not that the bank ever owned the home, but when you can't pay back the bank, they take your assets. Typically foreclosure happens because homeowners have failed to pay monies owed on debts, particularly a mortgage. As you can see from the

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Pristine condition totally updated and extensively remodelled from top to bottom, inside out is an amazing fully developed infilled home on a beautifully mature treed landscaped yard!!

Soaring 23ft front entry windows greet you at the front door and exudes light into both floors, beautiful exotic Acacia Walnut hard wood is throughout the main and upper floors, all newer windows, all newer cement fibre board exterior, wide open floor plan accentuates the modern decor including brand newer kitchen and a huge 8ft quartz covered center island, new modern wire railings and walnut handrails, plus newer 2 piece powder room on the main floor. Upstairs features 2 bedrooms plus an open den/loft area, large master plus a spas like newer 5-pce ensuite c/w a

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Quality, Quality are only a couple of words to portray the attention to detail, "hands-on built", beautiful new infill on an extra wide quiet street in the heart of Bowness!

The wide open floor plan and 9ft ceilings exudes west facing sunlight which filters into each room. Luxury vinyl planking on main floor adds durability to the wonderful total of 4 bedrooms, 3 1/2 bathroom family home. Many quality features include on the main floor, a huge quartz covered centre island and beer spacious kitchen several built-ins c/w gas fireplace feature wall & separate rear mud room. Upstairs offers 3 good sized bedrooms, a 5-pce main bathroom, beautiful 5 piece spa-like ensuite (c/w huge separate shower & bench seat), huge walk-in closet & several wood

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We know you have seen the ads. Billboards proclaim 'WE WILL BUY YOUR HOME!' or 'Home Not Selling? Let us Buy!' These renegade real estate companies promise that if your home does not sell within a set number of days, they will buy it from you. It sounds like a good deal, but it really does not benefit you unless it is absolutely essential you be rid of your property right away. Here is why:

Typically the contracts for these deals state that the company will list your home for an agreed upon price for an agreed upon time. If your home does not sell within that amount of time, they will buy it from you for a different price. As previously mentioned, if it is crucial that you sell your home in the next sixty days these types of deals can be a last

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