Real Estate Blog - Calgary Real Estate

New Listing: 4827 Bowness Road NW

Introducing 4827 Bowness Road NW, a great investment opportunity in the heart of Montgomery.  

This property is a very large, 1133 square foot, fully developed, half duplex on an M-C1 lot, featuring a bright and totally self contained legal non-conforming suite. The main floor unit boasts a large kitchen, a sunny living room with a cozy wood burning fireplace, three generous bedrooms, spacious closets and a 4-piece bathroom. The bright lower level offers huge windows and a spacious living room, two bedrooms, a den and a 4-piece bathroom.

The location makes this great suite even better. It is inner-city, close to transit, the U of C, two hospitals, a short walk to Notables fine dining, a quick commute to downtown and provides easy access west to the…

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July Housing Statistics

Every month we post a summary of what happened in the Calgary real estate market in the month previous. These housing statistics come from CREB®, the Calgary Real Estate Board. CREB® is dedicated to providing sellers, buyers, investors and renters information they need to be successful in the real estate market. Just like us, their mission is to equip and inform consumers.

There is a reason why reading through the market summaries are important. When you are entering the market you need to know what you are getting yourself into. Being informed allows you to make wise, calculated decisions that will benefit you. Remember that the market is always changing; be flexible and stay on top of things.

The Calgary Real Estate Board is a great resource, but…

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January 2017 Statistics

The market is in an interesting place right now. It continues to do better than this time last year, but it is still falling short of long term, ten year averages. This is leaving people in an awkward space where they should be encouraged, but also not comfortable. There will be lots of growth and changes yet.

CREB® chief economist Ann-Marie Lurie says, “while housing conditions continue to favour buyers, a slow transition toward more balanced conditions is helping to ease downward pressure on home prices. Conditions have improved over last year, but people need to remember that last year’s market was one of the weakest on record. Despite the appearance of a major shift in activity, the transition in the housing market is going to be a slow process.”

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Now is a Great Time To Buy!

If you are looking at entering the real estate market now is a great time to do it.

Right now the Calgary real estate market is perfectly poised for buyers. Interest rates are incredibly low. This means that paying off your property will be faster and cheaper. Inventory levels have dropped and prices have stabilized, giving you more property options, less competition and better prices. Given how up and down the market has been for the last two years as it has been in recovery mode, now is a great time to get locked in during ideal conditions.

Real estate has always been a great investment. Although at times the market has taken a hit, if you are willing to put in the time and the effort you can turn a great profit. This can be done with your…

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