Real Estate Blog - Calgary housing

June 2022 Market Statistics Update

The big headline for this market report from The Calgary Real Estate Board? The market is starting to shift as sales slow down. 

If you've been putting off listing your home to take advantage of the sellers market conditions, you need to act now. Contact Team Ken Richter today at 403-630-6363 or email Ken@KenRichter.com. 

Here are the highlights from the Calgary Real Estate Board's report, which you can read in full here: 

• "Sales activity in June eased relative to the past several months and with 2,842 sales...the decline was driven by a pullback in detached and semi-detached home sales."
• "This pullback in sales was not met with the same level of pullback in new listings. This caused inventories to trend up over previous months. These…

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Calgary July 2022 Events

Happy Canada Day, Calgary!

This Canada Day we are celebrating how far we have come as a country, those who have fought for our freedom, and each and every one of you who strives to bring more good into this world and embody what it means to be truly Canadian. Canada is not perfect, and celebrating Canada Day does not mean we are celebrating or negating it's imperfections; it means we are lifting up the good, and will continue the work to make Canada a place people are proud to call home. All of us here at Team Ken Richter are very proud to call Canada home! 

July is always a busy month for Calgarians. Not only is it Canada Day and the kickoff to the summer, but Stampede season! This year the Calgary Stampede goes from July 8 - July 17. It is…

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Bee-Friendly Gardening

Our ecosystem is powerful; but fragile. One missing link can set off a catastrophic domino effect, just as when one area of it is thriving, the rest has the opportunity to thrive. One member of this ecosystem is our precious pollinator: the bee. Bees don't simply gather nutrients from flowers for their own honey and hive; they also help to cross-pollinate plants to ensure greenery thrives and continues to regenerate every season. Without bees, our ecosystem would be in serious danger. 

The biggest threat to bees is, believe it or not, us! With more land being developed, natural habitats are lost. With carefully manicured and planned our gardens and lawns, the plants bees need for their nutrients are cut down and plucked like weeds. With insecticide and…

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How to Celebrate National Indigenous Peoples Day

Happy National Indigenous Peoples Day! 

The Government of Canada writes, "this is a day for all Canadians to recognize and celebrate the unique heritage, diverse cultures and outstanding contributions of First Nations, Inuit and Métis peoples. Although these groups share many similarities, they each have their own distinct heritage, language, cultural practices and spiritual beliefs. In cooperation with Indigenous organizations, the Government of Canada chose June 21, the summer solstice, for National Aboriginal Day, now known as National Indigenous Peoples Day."

Why June 21st, Summer Solstice? For many Indigenous groups, summer solstice is an important day of celebration and ceremony. Peter Bellegarde, the National Chief of The Assembly of First…

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Buying In A Sellers Market

We’ve said it before, and we will say it again: right now Calgary is in the midst of an incredible hot real estate market. Houses are selling quickly, and there is not enough inventory to meet the intense demand of consumers. While we are already starting to see things cool off, experts are predicting the market will remain hot right through to the end of the summer before going back to a more normal conditions.

If you’re in the market to buy a house, this is a challenging time. We are in a Sellers Market, which means market conditions are favouring the seller over the buyer. This is the case because there are more buyers than sellers, resulting in limited inventory that is selling quickly and way over asking price. Does this mean you should put off…

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May Calgary Real Estate Statistics

We have been excited to bring you positive news from the real estate market for the last year. Calgary has been in such a hot market, it's been more important than ever for buyers, sellers, and investors to stay informed. One of the ways we help you stay knowledgeable is by presenting you with the highlights of the Calgary Real Estate Board's monthly summery.

Without further ado, here are some highlights from their May report, which you can read in full by clicking here:

• "While activity in the market slowed down in May with 3,071 sales, levels are still slightly higher than last year’s record high and are far stronger than typical levels of activity recorded in May." (The Calgary Real Estate Board)
• "While inventory remains well below…

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Calgary June Events

Happy June, Calgary!

Did you know that we send out a monthly newsletter? It's called The Richter Review and it gets sent right to your inbox at the start of the month. It highlights fun events happening across the city, local news, a recipe of the month, real estate stories, market updates and more! To join our mailing list, fill out the sign up form by clicking here. You can browse through our past issues by going through our newsletter archive by clicking here. 

This month there are tons of fun events happening across the city, which you can read about in our latest newsletter. For today's blog we want to specifically highlight Run Bowness, and local event to our community! After two years of being held as a virtual event, Run Bowness is back…

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Creative Survival Shelters

The hope is always that you will never face an emergency situation. However, it is best to have a game plan just incase. This can also ease anxiety about possible future events, by giving you a clear vision of how you'll respond ahead of time. It is important to have the skills and knowledge to survive, and to decide that you will do whatever it takes to survive.

Sometimes people purposefully put themselves in situations where their skills are tested. Just take the television show 'Alone' as an example. In 'Alone,' contestants are dropped off in isolated areas of the wilderness. If they can last 100 days (that's right, one-hundred days), they win the prize money. If they're forced to tap out at any point, due to illness, injury, or overwhelming…

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Qualities In A Great Home

If you're like many Calgarians this spring, you may be in the market for a home!

First things first, make sure to contact us today at 403-630-6363 or email Ken@KenRichter.com. We would love to help you find your dream home. Let our experience be your advantage as you navigate this incredibly hot market. When it comes to finding a great home sweet home, we can help you filter through the listings and advise on if a home really is the dream it claims to be.

There are also things you should be looking for specifically. Here are some areas to watch for:

1. The Neighbourhood: A great home in a bad neighbourhood does not exist. Why? Because the neighbourhood you live in is just as important as the house itself. We never recommend compromising on…

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Day Trips For This Long Weekend!

We live in an absolutely stunning province. Alberta is world-renowned—people travel from all across the world to visit this incredible place. Big blue skies and mountain views are hard to come by, and if you ask anyone who has traveled lots or moved elsewhere, they always remark on the beauty of the land being one of the things they miss most about being here. 

We are so lucky to live in this beautiful place, and as such, we need to take advantage of all it has to offer! So many people live their life saying “It’s RIGHT here, I’ll get to it eventually…” and then they never do!

Make sure to check out the following places to explore in Alberta and soak in all the beauty this land has to offer this long weekend:

The Grotto: The Grotto is located…

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