The Calgary Board of Real Estate released their May 2020 market statistics summary. Here are some of the highlights:

• "May sales totalled 1,080 units, a 44 per cent decline from last year’s figures."
• CREB® chief economist Ann-Marie Lurie says, "the initial shock of COVID-19 and social distancing measure is starting to ease. This is bringing some buyers and sellers back to the market. However, this market continues to remain far from normal and prices are trending down. Activity has also shifted toward more affordable product, which is likely causing differing trends depending on product type and price range.”
• "Sales are down in all price ranges, but a greater share of sales are priced below $500,000... The shift in sales toward lower-priced

Quality flooring can make or break a home. Often specific kinds of flooring is on a buyer's must-have list. Here are some different kinds of flooring and the pros and cons of each, according to the experts at Homes.com:

• Ceramic Tile: "Ceramic tiles are made of natural materials like clay, sand and water... Ceramic tiles are highly durable and you can choose from numerous designs and colors. Furthermore, they are perfect for homes with children or pets because they don’t get scratched easily... Ceramic tiles can suffer damage from exposure to sunlight and the pattern tends to fade over time. They are also slippery and children and the elderly must be careful when walking on ceramic tiles, especially with socks."
• Hardwood: "Hardwood floors have

Selling a home for the first time is a big decision!

Perhaps you are ready to upgrade or downsize, or are simply just wanting something new. We understand that selling a home is just as big of a financial decision as buying it was, and an emotional one. You've made memories in this house, and as the saying goes, parting can be such sweet sorrow. It may also feel overwhelming, and you may be unsure of where to start. Don't worry; Team Ken Richter is here to support you from start to finish!

The first thing to do is connect with us. You can call Ken Richter directly at 403-630-6363, or email directly at Ken@KenRichter.com. One of the first things we will do is provide you with a complimentary home evaluation. This information looks at what your

Be prepared to be wowed!! Please view the 3D tour & legal survey(RPR) in supplements.This estate legacy river property is the first time offered for sale!! Secluded very private and exclusive lot offers over a full acre 72x562ft deep lot backing onto the high water mark(no bike paths behind you) of the Bow river & Bowmont Park beyond.

The solidly built sprawling well preserved ranch style bungalow features 3 bedrooms, 2 1/2 baths, formal dining room, large great rm c/w gas fireplace and a separate family rm upstairs. The lower level is basically undeveloped featuring a massive 49ft long recreation room & sauna. Patio doors lead you to a very private patio & then down to your own secluded ravine fire pit area, its an amazing outdoor playground

In the summertime everything comes to life. The trees start growing their leaves, the flowers start blooming, animals come out of hibernation and people start turning off Netflix and heading outside. With the sun out longer and holiday time banked, the summer becomes the perfect time to tackle that big project, have cold drinks on the patio, spend time with the family and, for many people, move.

That's right, while the springtime is when many homes get listed for sale in Calgary, Alberta, possession often happens during the summertime. This is because with such nice weather and more holidays, it is easier for people to move out of their old homes and into their new homes. If you are one of these people, we have 3 tips to help the process go

As the economy is preventing more buyers from owning their own home during these unprecedented times, many are turning to rentals for a place to live. Despite facing their own challenges, landlords in Calgary, Alberta are hoping to capture this market. 

Being a landlord is a fantastic side-business to have, because it allows you to make the most out of the property (or properties) that you own. Renting out space to a tenant is an excellent way to pay off your mortgage, make extra money for other endeavors, and keep your property occupied and, hopefully, well looked after. There are downsides to being a landlord too, but here are three tips for renting out your home: 

1. First you need to make sure that the space you want to rent is habitable. There

Happy May Long Weekend, Everyone!

After weeks of shut downs and quarantine, the world is slowly starting to open back up again; including Calgary! While it is important to make sure that we continue to use precautions (wear face masks, keep 6 feet of distance whenever possible, continue to practice good hygiene, stay home if you're sick, etc.), it's becoming safer to navigate this brave new world. That being said, if you're going stir crazy and ready to get out and about, here are some ideas of things to do this weekend: 

• BBQ from home with a local barbecue kit: Avenue Calgary writes, "Now that the weather is nice again, it’s time to break out your barbecue and start grilling. While you can, of course, pick up supplies from the grocery store,

If you are currently in the market for your first home, you probably have lots of questions. This is a major investment of both your money and time, so you're likely feeling the weight of this as you begin your search. Ken Richter has a wealth of experience in helping first time home buyers, and he is here to help you make the most out of this moment!

Here are some tips that will make your home buying process successful: 

Tip #1: Do Your Homework: The perfect home won’t find you by itself. A key step in buying a home is doing the proper research. Educate yourself on local schools, neighborhoods, and the kinds of homes available. By reading available materials and talking with experts, you can start to put together what the perfect home looks

**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 quite 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 hospitals 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!

Only one owner! And built by the current owner!! This is hand crafted raised bungalow is located on a massive 50x120ft R-C1 sunny corner fenced yard in a fantastic Bowness location!!

This solid family/starter home is a build to last and offers a total of 4 bedrooms, 2 bathrooms and worth updating the cosmetics. This wonderful starter home also features a full height basement encompassing a huge recreation room, two bedrooms and 3 -pce bath. The one bedroom upstairs was converted with a patio door and access to an outdoor wheelchair ramp(easily converted back). Now is the time to buy as mortgage interest rates are at an all time low and this a very affordable starter home!! Act fast on this one!