Real Estate Blog - YYC Living

Shopping Local This Valentine's Day

Valentine's Day is nearly upon us, and you know what that means: it's time to treat yourself. 

Whether you're shopping for a partner, friend, family member, coworker, or yourself, you're shopping for someone you love. And yes, yes, we know: it's important to show love every day of the year and take time to appreciate those around us, not just on a commercialized holiday. That can be true, while also having fun with this Hallmark Holiday and recognizing a day specifically devoted to love. 

If you're looking for ideas on what to get you Valentine, we humbly suggest shopping local. After all, what better combination is there than treating the ones you love while also supporting a small business you love? Here are some ideas of small businesses to check…

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January 2023 Calgary Real Estate Statistics Update

The Calgary Real Estate Board's latest market update has been released, and 2023 is already off to a great start! While there are shifts that may feel like the market is taking a hit, it actually is just beginning to balance itself out. This is good, and setting 2023 up for success. Here are some highlights from the report, which you can read in full by clicking here:

• "The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in nearly every price range, the pace of decline was higher for lower-priced properties."
• "There has been a shift in the composition of sales as detached homes only comprised 47 per cent of all sales."
• "With 2,451 units available in inventory, levels remain 43 per…

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February 2023 Events in Calgary

It is the month of love, and there are lots of events to love happening in YYC! Check out some of the linked events below: 

February 8 Calgary Opera: The (R)evolution of Steve Jobs
February 9-12 Calgary Folk Festival Presents: Block Heater
February 10-11 Say Hello, Wave Goodbye with Rosebud Theatre
February 11 Bella Notte (In Support of Pals)
February 11 Calgary Horticultural Society Presents: Spring
February 12 Thomas Rhett: Bring The Bar To You Tour
February 14 VALENTINES DAY
February 16 Montgomery Community Association Senior Social
February 18 Fishtival at Bow Habitat Station
February 19 Yamato Drummers of Japan
February 20 FAMILY DAY
February 20 Family Day at The Military Museum
February 24 Vend. February Market
February 25 Mariana's Trench
February 28…

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Home Styling Trends for 2023: Cottagecore

The 2023 trends for home styling could best be described as Cottagecore. Gone are the days of minimalism, block colours, and sharp edges; it's time to usher in a softer era of warm textiles and heirloom pieces. Cottagecore is the aesthetic of an idealized countryside lifestyle. Does this mean you need to start churning your own butter? No. You do not have to abandon the modern age to embrace this new style. In fact, you do not need to embrace this new style at all! However, if you're feeling trendy or looking for inspiration, here are some of the design elements experts are predicting will make a big splash this year:

• "Delicate wallpaper in pastel tones, white furniture and gilded mirrors are the mark of this home trend" (HGTV).
• "Think organic…

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Calgary Real Estate Board 2023 Forecast Highlights

The Calgary Real Estate Board had it's annual forecast event where they shared what we can expect from the real estate market in 2023. Here are some of the highlights from their report: 

• "Elevated lending rates are expected to weigh on sales in 2023, bringing levels down from the record high in 2022. However, with forecasted sales of 25,921 in 2023, levels are still expected to be higher than the activity reported before the pandemic" (Calgary Real Estate Board).
• "Supply levels declined to the lowest levels seen in over a decade as gains in higher price properties did not offset the supply declines occurring in lower-priced homes. This has left our market in a situation where lower-priced properties still face sellers’ market conditions while…

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5 Ways to Improve Your Mental Health

January 25th is Bell’s “Let’s Talk” Day. This is a great opportunity not just to participate in their initiative, but to take some time to learn more about why mental health is so important and worth investing in.

On their website, Bell writes, “In September 2010, we launched the Bell Let’s Talk mental health initiative, the largest corporate commitment to mental health in Canada focused on 4 key action pillars: fighting the stigma, improving access to care, supporting world class research and leading by example in workplace mental health. Since then, Bell Let’s Talk has committed more than $139 million to Canadian mental health initiatives.”

Wow! Bell Let’s Talk Day also coincides with Blue Monday, January 16th, which statistically has the…

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Bowness Community Association Holiday Dinner Thank You

We are proud residents of the Bowness community, and enjoy finding ways to give back. One of our favourite community traditions is the Bowness Community Association Annual Holiday Dinner. This year Team Ken Richter donated money to contribute to this great cause. Read the letter we received below to learn more about the impact the Holiday Dinner made. Be encouraged that your support for organizations like this truly does make a difference in the lives of your fellow Calgarians!

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Buying A Home At The Start Of The Year

Buying a property at the start of the year is such a great way to kick off the new year! You are setting yourself up for a new home base; the perfect launching point for all of the adventures to come. Here at Team Ken Richter, we are passionate about helping you find this launching pad. We are proud to have served all types of home buyers across the city for thirty plus years, and would love to partner with you in 2023 to make your dream home a reality!

Buying at the beginning of the year is not just advantageous as a desirable outcome, but it also comes with other benefits that those who wait will miss out on. Here are some reasons why buying a home early on is a solid strategic move:

1). Less Competition: Like many other industries, real…

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Calgary Renovation Show

This weekend is the Annual Calgary Renovation Show. If you are a current homeowner, or hoping to become one soon, you do not want to miss out on this opportunity to see the best of the best Calgary has to offer in the home renovation space.

On their website, the Calgary Renovation Show describes themselves as follows: “The Calgary Renovation Show is a vibrant marketplace where you can shop for home-related products and services, experience stunning displays to help inspire your next home project, connect with industry experts, and enjoy informative presentations from renowned local and international home professionals. Whether you’re joining us at the BMO Centre with a specific project in mind or just looking for some inspiration, our local home…

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December 2022 Calgary Real Estate Update

2022 was a wild year for Calgary real estate from start to finish. The Calgary Real Estate Board writes, “2022 saw record-high sales and double-digit price growth.” In their report they detailed more highlights from the last month in the year, December. Here are some quick facts from the report, which you can read in full by clicking here:

• "Slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672 units in 2022" (Calgary Real Estate Board)
• "As of December, there were 2,214 units available in Inventory, making it the lowest level of inventory reported for December in over a decade." (Calgary Real Estate Board)
• "Benchmark prices eased to $518,800 in December, down nearly five…

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