A recent RBC Economics report projects that home resales will definitely decline in Alberta in 2015, but it’s not all bleak! The report also expects home prices to stay relatively flat, meaning that the market was in a strong position before the drop in energy prices helping it to withstand much of the blow. That said, many nervous homeowner’s are listing their homes and the supply increase is shifting the market from a seller’s market to a more balanced market.
Buying and selling a home is a complex process any time, requiring real estate expertise to ensure the transaction is completed competently and professionally. In this more unsettled time when consumer confidence is low, it’s even more critical to use a Realtor to help wade through all the questions, uncertainties and possibilities.
CREB® president Corinne Lyall – Calgary Regional Housing Market Stats for January 2015 – says “it’s important for sellers to set appropriate expectations in this market. They need to consider their property type, the competition they may be facing in their community, their reasons for selling and, of course, when they ultimately need their property to be sold.”
The bottom line is…Realtors provide an invaluable service and will manage all the details of your real estate transaction providing you with priceless advice to save you money, tips for selling in this type of market, and ultimately…peace of mind.
If you’re thinking of listing your home, give Bill Brandsma a call at 403-253-5678. He looks forward to assisting new clients when you’re ready to take the next step!
Hard to believe January’s behind us, but what a difference a month makes!
If you’re looking to upgrade your home, and get all or most of your money back when you sell, a kitchen renovation is one of the most likely upgrades to pay off. Mostly because it’s the heart of the home, the room where everyone gathers and connects socially on a regular basis giving it exceptional value.
With the recent drop in oil prices, today’s drop in interest rates by the Bank of Canada, and all the speculation out there about how the Canadian economy and housing market, especially Alberta’s, will be impacted, I felt this an appropriate time to share 
With the weather so mild right now it’s the perfect time to head down to the Calgary Zoo for some family fun!
Price growth slows
Yep, it’s that time of year again already…that is, time to pull out the Christmas lights!
Buying a home is an important lifestyle and investment decision. By understanding the housing market, you’ll have a better sense of what, where and when to buy.