Blog Entries Tagged: real estate | Page #2
Found 122 blog entries tagged as real estate.

One of the biggest expenses any homeowner has to deal with for an extended period of time is paying off a mortgage. In fact, it's typically one of the longest payments on any one thing that a person will make in their lifetime. 

A mortgage is money that you, a creditor, must repay a debtor within a certain amount of time. Most homeowners take out a mortgage in order to purchase a home, since most people cannot buy a home outright. This mortgage will have interest rates added to it, which are often the most difficult part to pay off as they continue to grow and grow. A mortgage is a very daunting thing for homeowners to have looming over them, but luckily it is not always fixed.

Have you ever heard of refinancing? When interest rates are low, some…

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It has been our greatest pleasure to serve Calgary for the past 30+ years, and we look forward to many more years to come. Here at Team Ken Richter we are passionate about equipping our valued clients with the information they need to make wise real estate decisions. As your trusted real estate professional, Ken is always looking out for you.

Whether you are in the process of buying, selling or investing with us, are simply starting to consider your options, or are just visiting our site for fun, we have so many resources for you to check out! Here are some highlights of our website and some new features for you to check out: 

  • Even though Calgary's real estate market has moved slowly so far this year, Team Ken Richter has been busy selling…

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Team Ken Richter is here to get your home sold! 

We know that this recent Calgary real estate market has been challenging. Homes have been sitting on the market for longer than usual, leaving sellers frustrated as buyers continue to withhold offers and inventory levels remain high. While these are not ideal conditions to step into as a seller, you can still come out on top by doing two things:

First, stay informed! Each month we summarize the Calgary Real Estate Board's latest statistics report. You can find those summaries here and visit CREB yourself here.

Second, partner with us and experience the Team Ken Richter Advantage. When you are one of Ken's valued clients, you get to experience the power of an incredible professional real estate…

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Good news, everyone! We are starting to see a trend emerge: inventory levels are declining, edging off a buyers’ market into more balanced conditions.

The Calgary Real Estate Board (CREB®) reports, "for the fourth consecutive month, inventories in the market declined compared to last year. This is due to the combination of improving sales and a decline in new listings." While the market still leans towards benefiting buyers, if supply continues to reduce and sales balance out, we should see really strong conditions.

CREB® chief economist Ann-Marie Lurie notes, "we are starting to see reductions in supply across the resale, rental and new-home markets. This adjustment in supply to the lower levels of demand will support more balanced…

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Open Houses are constantly happening all over the city. There are so many ways you can find an open house to visit: you can ask your realtor to take you to them, check local ads and roadside signs for house showings, follow word of mouth recommendations, google it, etc. An Open House is a great opportunity to see what is on the market, whether you are thinking of buying or selling. Plus, it can be fun to peak inside other people's homes. 

When you go to an Open House, you need to come up with a clear game plan. Start by answering this simple question:

What do I hope to get out of this?

If you want to simply explore various properties for fun, that is completely fine! Make sure that when you do this you are considerate of the people who are…

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The Calgary Real Estate Board's big headline this month? "APRIL BRINGS A SLIGHT INVENTORY DECLINE." Why so dramatic? Because for months now Calgary's real estate market has been struggling with massive oversupply in the market, leading to a buyer's market at a time when few people were able to buy. This news is an exciting turn of events (one which was forecasted at the start of the year) that will hopefully bring increased stability to the real estate market here in Calgary, Alberta. 

In their media report, CREB notes, "There have been no significant changes occurring in sales activity, but the number of new listings coming onto the market continues to ease relative to 2018 levels. The decline in new listings was enough to start chipping away at…

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The economy deeply effects the housing market. This may seem obvious; after all, you hear it time and time again. However, it is important to know exactly how and why the economy effects the housing market. This is important because these two things impact the lives of Calgarians and people everywhere deeply; two of our most common basic needs are shelter and financial resources. Let's learn how they interact.

Each month the Calgary Real Estate Board releases the previous month's real estate market statistics. Each report begins with a summary of the major trends that emerged, such as the months of supply and benchmark prices. For those of you who read these, or our summaries of them (which you can find here), you may be familiar with CREB's chief…

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Tiny houses are all the rage right now, with people living in little spaces no bigger than the bed of a pick up truck. To save money many people are turning to smaller and smaller properties to live small while they pay of student loans, save up for a new vehicle, put extra money towards their retirement fund, etc. While many people cannot imagine living that way, most who do swear by it.

Living small has a lot of benefits, but you have to do it effectively or it will feel like you’re living in a hoarders closet. You don’t want to feel claustrophobic. So, if you are living in a small space, how can you maximize it to contain everything you need but still feel spacious?

1). Be frugal. Do you need five mixing bowls? No you don’t. Only keep the…

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Congratulations! You have made the huge decision to put your property on the market. Like so many other Calgarians with homes for sale, you may be feeling the pressure of selling your home during this buyer's market. Conditions do not make selling a home easy right now, which can be frustrating as a homeowner ready for the next step.

While the amount of time a home spends on the market can be heavily influenced by the market, there are a number of reasons why your home may not be selling as quickly as it could. Typically the solution is simple, so here are some things to evaluate:

The Price || Sometimes the asking price for your home is not appropriate given the location or market conditions. If your home is priced significantly higher or lower,…

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It's that time of the year again... the Calgary Real Estate Board has released their latest market statistics summary. This one goes over everything that happened in the Calgary real estate market during this last month of March. Did St. Patrick's day bring the Calgary real estate market some good ol' Irish Luck? Read on to find out.

If this is your first time reading these stats, here is what you need to know: ever since the last oil crash that hit Alberta's economy hard, the Calgary real estate market has been struggling to recover. As people lost their jobs, couldn't find jobs, were forced to go further in debt and drained their savings, owning a home became a distant memory or a dream, but not a reality.

This had a severe impact on the…

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