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!