Ken's Market Update

Hello Everyone,

I am very happy to relay good news, the Calgary real estate market is in a transition towards an improved market!

All of us here at Team Ken Richter are extremely busy facilitating sales in every price range despite the recent frigid winter temperatures. We are experiencing numerous weekly sales and even multiple offer situations! We haven’t experienced a heated market like this for some time. I don’t expect prices to increase anytime soon, but I believe prices will stabilize considering the market activity already this year. The low inventory of housing all across the city and the fact that mortgage interest rates remain at an all-time low are contributing to the recent wave of activity. This is very positive as our market has needed a lift after the recent two year down turn.

Now is a great time to enter the market. If you are thinking of upgrading, now is a fantastic time to take advantage of the historic low interest rates. If you are thinking of selling, it is essential to have a current market evaluation done in lieu of the recent market conditions. Please do not hesitate to contact us, we would be very pleased to assist you. We look forward to hearing from you!

In other exciting news, Congratulations on the following achievements:

  • Re/Max Real Estate (Central) was awarded the #1 RE/MAX Office World Wide for 18 Consecutive Years!

    • “Top Office in Number of Closed Transactions Metro Market Worldwide 2016!”

  • Ken Richter was named in the Top 10 Teams for 2016 at RE/MAX Real Estate (Central)!

Thank you for your continued support, we look forward to another great year in 2017!

Your Real Estate Professional,

Ken Richter

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