Real Estate Blog - Ken Richter

April 2020 Market Statistics

The Calgary Real Estate Board has released the Calgary housing market statistics for the month of April. The biggest takeaway is that coronavirus put everything on hold, including the real estate market. Here are some highlights from the Calgary Real Estate Board’s report:

“April sales hit 573 units, a decline of 63 per cent over last year… Sales activity eased across all price ranges, but the largest declines were for homes priced above $600,000. New listings this month totaled 1,425 units, a decline of 54 per cent compared to last year. Inventories also declined, but with 5,565 units available, they remained high enough to push the months of supply above nine months.” - Calgary Real Estate Board April Report

“The decline in home sales does not…

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Your May Update

Normally at the beginning of each month we share fun events happening around the city for you to check out. However, these days life looks different as we continue to self isolate and social distance. 

Alberta.ca has rolled out really encouraging information regarding the reopening of the province following strict shutdowns. They write, "Alberta’s Relaunch Strategy puts safety first while gradually reopening businesses, resuming activities and getting people back to work. While we face a long road to recovery, there are signs our collective efforts are helping slow the spread of COVID-19. We must ensure the sacrifices we have already made are not wasted. To be successful, we must stay vigilant to slow the spread: follow public health measures,…

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Spring Decorating Trends

One of the most fun parts of owning a home is decorating it and getting to make it your own. Even the smallest change in visuals can liven up your home and make everything feel fresh and new, which is something we could all use these days as we're quarantined at home. If you’re looking for some inspiration on what to do for your next home decorating project, look no further! We’ve got you covered.

This spring, decorating trends are all about vibrantly neutral colors that are in style, but will remain classics. Gold, modern calligraphy and strong lines are predominant among many designs, along with feux-rustic accent pieces. Here are some trends in colors, fabrics, furniture and art.

Color: The colors trending right now are vibrant neutrals.…

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Encouraging Information for Calgarians During COVID-19

We are certainly living in strange days as we navigate the fallout of the coronavirus pandemic. With such a constant flow of news, not to mention a sprinkling of fear mongering, it can be hard to keep your head above water. If you're looking for some positive news and resources, we've got you. Check out the following for a dose encouragement and tips & tricks:

• 5 Good Things That Happened in Calgary This Week
• Text4Hope - Daily Messages of Encouragement
• Services to Support Seniors During COVID-19
• Official Coronavirus Updates from Alberta Health Services
• UpWorthy - Good News Stories
• Watch the Calgary Zoo Panda's Live

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The Successful House Flip

Flipping homes refers to the practice of purchasing a house, completing necessary renovations, and then selling it for a profit. Many people attempt to do this and are unsuccessful, because there is a lot of risk involved. Buying a home is typically the biggest financial investment a person makes. Buying a home and hoping to flip it for a profit in a short amount of time is risky, but can have major payoff. Just look at all the shows on HGTV!

If you're considering trying to flip a home, here are some tips:

1. Work with your local professional real estate agent--me! You need an expert to help you navigate the process of buying a home, since resale is an incredibly important factor. I can help you find a property that you can eventually sell for…

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March 2020 Statistics

March was an interesting month for the Calgary real estate market. It started off strong, but like everything else in our world, was significantly impacted by the new coronavirus pandemic. Here are the highlights from the March 2020 Calgary Housing Market Statistics provided by the Calgary Real Estate Board:

• "March sales activity started the month strong, but quickly changed, as concerns regarding the spread of COVID-19 brought about social distancing measures. This had a heavy impact on businesses and employment." - CREB® 
• “This is an unprecedented time with a significant amount of uncertainty coming from both the wide impact of the pandemic and dramatic shift in the energy sector. It is not a surprise to see these concerns also weigh on the…

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10 Fun Things To Do At Home During COVID-19

COVID-19 continues to bring business, schools and cities to a standstill as we practice safe social distancing in attempts to flatten the curve of this global pandemic. Still confused on what COVID-19 is and how you can help us eradicate it? Check out our article on it here. 

This week felt different for many Calgarians as we settled into a temporary new normal. At first being home from our regular daily activities felt like a fun snow day, a welcome chance to catch up on Netflix and sleep in. However, now people are starting to feel the anxiety the comes with knowing this isn't just a two week fix; this could be our reality for a number of months now. 

It is more important now than ever for people to follow Alberta Health Services advice on how…

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Ways To Support Your Neighbours During COVID-19

Looking for ways to connect with and support your neighbours during these troubling times? Here are three suggestions:

1). If you're able bodied, offer to run an errand for your neighbour!

"The fewer of us out right now, the better, especially for older people and those with compromised immune systems at greater risk from the virus. If you’re young, healthy, and able, running an errand for a neighbour or someone in your community while you’re out is a super-specific, helpful way to give back. Since you don’t want to knock on their door, start by leaving a note with your cell number. Instead of saying “if there’s anything I can do to help, please let me know” try being more direct so they’re more likely to take you up on your offer: 'I’m going to…

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What is COVID-19, and What Can You Do to Help?

The world is experiencing an unprecedented pandemic right now as the coronavirus (COVID-19) continues to shut down schools, workplaces, cities and countries as a whole. We want to provide you with some helpful information as you go into your weekend wondering what you can do to prevent the spread of COVID-19 and to keep yourself and your loved one safe. 

What is the Coronavirus? "Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV). Coronavirus Disease (COVID-19) is a new strain that was discovered in 2019 and has not been previously identified in humans." (World Health…

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JUST LISTED!!! 6530 BOW Crescent NW

Legacy estate lot listed by the 2nd owner!! Very, very rare 100ft river frontage, 293ft deep, over 2/3 of an acre on beautiful Bow Crescent! This area of Bow crescent DID NOT flood & remains a highly desirable building lot or subdivide & build two estate homes.

The rarity of these lots you own title right to the waters edge or "high water mark"!! These exclusive deeded lots were created prior to the early 1900's right to the water act enabling the owners to own right to the high water mark of the river creating very very private estate lots!! The beautiful nature park, Bowmont Park, in all of it's natural splendor is directly behind & across the river creating a wildlife extravaganza! Gaze up the river from your new home in this very exclusive…

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