Real Estate | Page #38

Real Estate

Whether you are preparing to upgrade or downsize, selling your home is such an exciting milestone. It is an incredible accomplishment that you purchased a home and have built up equity. Now, you get to leverage that equity to make your next big move. 

All that being said, selling a home can be overwhelming. There are lots of things to consider, such getting finances and documents in order, making sure your home is staged and open house ready, finding your next home sweet home and more. These days, there is also the added element of selling during a global pandemic. Still; don't let any of this deter you.

The market is hot right now and headed towards a buyers market. With more buyers than homes listed, this means as a seller you have a…

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Congratulations, Calgary! The Calgary Real Estate Board, also known as CREB®, had incredible news to share in their February market report summary: “With gains in every price range, residential sales activity in February totaled 1,836. This reflects the best February since 2014.”

Time for a happy dance! This is wonderful news considering the last year we have had navigating a COVID-19 world. While we experienced the shock of a global pandemic in 2020 with a near pause in the market, the new year continues to push ahead with strength and optimism.  

CREB® chief economist Ann-Marie Lurie says, “Despite continued COVID-19 restrictions, housing activity continues to improve. Much of the strong sales activity is expected to be driven by exceptionally…

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There are many exciting things you can do when you own a home, such as diversifying your investment portfolio and doing whatever home renovations you want. Another huge bonus? Getting to bring home a pet.

Often when renting, pets are not allowed at all, the kind of pets allowed are limited, or renters are charged extra fees per pet on the property. All of these options aren't ideal for anyone who loves having a furry friend around. This is why owning a property, where you get to make the rules, is so exciting! When you own your home, you can have as many pets as your heart desires. 

Scientific studies have proven time and time again that people with pets live longer and are generally happier. Whether you have a dog, cat, rabbit, bird, fish, or…

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The title of the Calgary Real Estate Board's latest report on the Calgary housing market is: "January sales signal strong start to 2021!"

On that positive note, here are some of the highlights from their summary:

  • January sales were the highest they have ever been since January 2014. Considering the year we just came out of, this is an incredibly positive indicator of a stronger market and recovering economy. 
  • Improved sales were recorded in all home categories, from affordable single bedroom condos to sprawling luxury estates.
  • Chief Calgary Real Estate Board Economist Ann-Marie Lurie notes, "Discount lending rates are exceptionally low, which is likely attracting all types of buyers back into the market. New listings in the market were…

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Yesterday the Calgary Real Estate Board (CREB®) held their annual forecast, giving insight into what we can expect from the real estate market in 2021.

Their report was incredibly positive, which is good news to anyone looking to buy, sell or invest! 2020 was a difficult year for Calgarians, which was reflected in the real estate market. However, in the last quarter there were major improvements.  

Here are some of the highlights from their report:

  • CREB® Chief Economist Ann-Marie Lurie says, "It is expected some of the momentum recorded at the end of 2020 will continue into 2021, fueled by exceptionally low lending rates and pent-up demand... sales are expected to rise by nearly five per cent on an annual basis in 2021."
  • "Calgary did…

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Welcome to the big, beautiful world of real estate! We are so excited to have you here. What a way to kick off 2021!

If you are looking to buy a home, you have come to the right spot. With thirty plus years of experience helping people buy and sell homes all across the city, Ken Richter is the perfect person to make your home-sweet-home dreams come true. We would love to sit down (virtually, of course) with you and begin the conversation on what you are looking for and how Team Ken Richter can help you get there. Contact Ken directly at 403-630-6363 to set that up.

In the meantime, take a moment to explore our website. It's not just here to look pretty: it's here to be an invaluable resource. Here is a brief breakdown of all the exciting content…

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People are faced with two options when it comes to home sweet home: buying or renting. For some the choice is easy: they can either afford to purchase a property or they can’t so they choose to rent instead. However, in some cases people are on the cusp of either signing a new long-term lease or making a down payment on a home and beginning to pay a mortgage. What are the pros and cons to each decision? Read on so you can make an informed decision about something that will have a massive impact on your future (no pressure)!

Pros to Buying Your Own Property:

  • You get to start building up good credit by making monthly mortgage payments.

  • You are investing in something long-term that one day you can sell to get your money back (plus…

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The real estate market has certainly changed in Calgary, Alberta -- especially for sellers. While for a long time the market was flooded with excess inventory from an economic downturn, COVID-19 cleared the slate and has left a distinct shortage in properties available to potential buyers. This won't last long, so act now! 

If you have been considering listing your home, now is a great time to do so! Contact Ken Richter directly at 403-630-6363 or email him at Ken@KenRichter.com. With 30+ years of experience working in the real estate market, Ken has helped sellers of all kinds in all areas of the city find the right buyer at the right time at the right price. Looking for more information? Check out our home sellers page by clicking here. Whether…

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Here are some of the highlights from the Calgary Real Estate Board's December Real Estate Monthly Statistics Review:

  • "With December sales of 1,199, this is the highest December total since 2007." - CREB® December Report
  • "The number of sales exceeded the number of new listings in December contributing to further declines in inventory." - CREB® December Report
  • "Annual sales activity declined by one per cent compared to last year and remain well below long-term averages." - CREB® December Report
  • "The recent gain in the benchmark price was not enough to offset earlier pullbacks as the annual residential benchmark price in Calgary declined by one per cent over last year." - CREB® December Report
  • "Housing demand over the second-half of…

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During the holiday season many people choose to express their gratitude and love for others with gifts. It’s a tangible way to show thoughtfulness and care, and is a long-standing tradition of many religious and nonreligious homes during this season.

Well it may be pious to say you get more pleasure from giving than receiving, it is fun to receive a gift picked out especially for you. Some people even buy themselves a Christmas gift, a little treat in celebration of the end of the year. At Christmas, items such as perfume, books, toys, tech and more are popular gifts for under the tree.

Another popular Christmas gift? A house! Arguably the most extravagant and expensive Christmas gift one can receive, a house is a great option. This long term…

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