Calgary Bowness Montgomery Real Estate Home News - Blog Archive: April, 2015

Earlier this week on Monday we featured a blog post that discussed CMA for sellers. In it we explained what exactly a CMA is and why it is important to have done on your property before you list your home. If you have not read that post already, please do now. Here is the link: http://blog.kenrichter.com/2015/04/14/cma-for-sellers/#sthash.2iUj4jlU.dpbs

Now that you know exactly what a CMA is, you may be surprised that we are discussing why a CMA is important for buyers to do on homes they are interested in. After all, shouldn’t the current homeowners have done their due-dillagence and already had a trustworthy CMA done? The answer is, hopefully. However, here are the reasons why a CMA (Comparative Market Analysis) is important for you to do on any…

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March was a good month for the world of real estate! Calgary is still in recovery mode from the drop in oil prices earlier this year, but conditions have remained relevantly stable and continue to stay in a healthy environment.

The most significant thing that happened in March that you, a potential buyer or seller, need to be aware of is the rise in inventory and the fact that benchmark prices dropped %0.44. Why is this? The more houses there are on the market, the more competition sellers have. If you are looking to buy, this means you have lots of options at reasonable prices. If you are looking to sell, remember that there are a lot of houses on the market right now, so you need to make sure you are offering a fair, competitive asking price.

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