January 2020 Calgary Real Estate Stats
If you like to stay up to date on what’s going on in the Calgary real estate market so that you can make informed decisions, click the link below for an excellent overview of CREB’s 2020 summary of Calgary’s residential monthly statistics.
“We continue to see the slow adjustment to more balanced conditions, but it will take time before that starts to translate into price stability.”
https://www.creb.com/-/media/Public/CREBcom/Housing_Statistics/City_of_Calgary_Report.pdf?la=en
For more information about the current market or for details about the Calgary Real Estate Monthly Statistics, get in touch with Bill Brandsma at 403-606-1765.
Bill Brandsma Real Estate – specializing in Calgary and the surrounding area.
Bill Brandsma – a Realtor you can trust!
Whether you’re a first-time or seasoned buyer, or are thinking of selling, Bill Brandsma will guide you through the entire real estate process. Each and every detail will be handled with professionalism. When you choose Bill, you’ll have over 29 years sales experience working for you.
Calgary is a modern cosmopolitan city that still retains much of its traditional culture. It has become recognized as one of Canada’s most diverse cities. Bill specializes in the purchase and sale of residential housing in Calgary and surrounding area as well as farms and acreages.
Bill’s local market knowledge and experience will be of great value to you. From real estate queries, to information about neighbourhoods, schools, open houses, maximizing sales opportunities, the local market economy and much more.
Bill always enjoys assisting new clients and looks forward to hearing from you when you’re ready to take the next step! He can be reached at 403-606-1765.
How much home can you afford?
It’s important to start out by knowing what mortgage you can comfortably afford. You should meet with a lender or mortgage broker to establish how much of a mortgage you can actually qualify for. Going through the mortgage pre-qualification process before you begin your home search will bring your house hunting into focus and give you a better idea of the homes that fit into your price range.
Not only that, mortgage rates vary considerably and it is obviously to your short- and long-term advantage that you shop around for the best rate, terms and options.
You don’t want to sacrifice lifestyle for a house. Determine how much of a home (mortgage) you can afford by considering the following and doing your homework. You won’t regret it!
- Your annual household income
- Your down-payment (you should have 5% of the purchase price of the home for the down payment, but ideally even more)
- Your debt-load
- Your interest rate
- Your monthly mortgage payment
- Your amortization period (length of time required to pay off the loan)
- Your closing costs
- Your property taxes
- Your homeowner’s insurance
- Your home maintenance costs
Considering affordability will not only help you determine the maximum mortgage you can afford, it will give you an idea of what monthly mortgage payment to expect. If you’d like to discuss mortgage affordability call 403-606-1765 to arrange an appointment.
How to make an offer on a house
Buying a home is an important lifestyle and investment decision.
You want to buy at the best price possible. You want your monthly payments to be as affordable as possible. You want your home to increase in value as much as possible.
To make sure all that happens, it’s important to look beyond your individual purchase before you buy. You need to look at larger market conditions. What’s happening around you (house price trends, mortgage rate movements, new home construction) will have an influence on your purchase. The more you know the more control you have.
In a buyer’s market, the number of homes available for sale exceeds the demand, so prices will either stabilize or drop. With fewer buyers and more homes, you not only have more options to choose from, you also have greater negotiating leverage.
While your real estate agent is there to guide you, the more you know about the home-buying process, the smoother it will be. Read How to Make an Offer on a House for more information:
https://blog.remax.ca/how-to-make-an-offer-on-a-house/
Article courtesy of Blog.Re/Max.ca
November 2019 Calgary Real Estate Stats
If you like to stay up to date on what’s going on in the Calgary real estate market so that you can make informed decisions, click the link below for an excellent overview of CREB’s 2019 summary of Calgary’s residential monthly statistics.
“Calgary housing market still favours the buyer”
For more information about the current market or for details about the Calgary Real Estate Monthly Statistics, get in touch with Bill Brandsma at 403-606-1765.
Bill Brandsma Real Estate – specializing in Calgary and the surrounding area.
How legal pot shops are affecting housing activity, city by city
“…only time will tell how the public adopts, accepts and reacts to the new normal in their communities, and the long-term impact on their property values and the liveability of their neighbourhoods.”
https://blog.remax.ca/how-legal-pot-shops-are-impacting-housing-activity-map/
Article by Lydia McNutt courtesy of RE/MAX Ontario-Atlantic Canada
October 2019 Calgary Real Estate Stats
If you like to stay up to date on what’s going on in the Calgary real estate market so that you can make informed decisions, click the link below for an excellent overview of CREB’s 2019 summary of Calgary’s residential monthly statistics.
“Homes under $500,000 moving to more balanced conditions.”
For more information about the current market or for details about the Calgary Real Estate Monthly Statistics, get in touch with Bill Brandsma at 403-606-1765.
Bill Brandsma Real Estate – specializing in Calgary and the surrounding area.
Calgary Real Estate Statistics
If you like to stay up to date on what’s going on in the Calgary real estate market so that you can make informed decisions, click the link below for an excellent overview of Re/Max Real Estate Central’s 2019 up-to-date summary of Calgary’s residential statistics including average house prices, housing inventory, and average days on market and more:
https://www.remaxcentral.ab.ca/calgary-real-estate-statistics.html
Questions?
For more information about the current market, get in touch at 403-606-1765.
Bill Brandsma Real Estate – specializing in Calgary and the surrounding area.
September 2019 Calgary Real Estate Stats
If you like to stay up to date on what’s going on in the Calgary real estate market so that you can make informed decisions, click the link below for an excellent overview of CREB’s 2019 summary of Calgary’s residential monthly statistics.
“Price declines have likely brought some buyers back into the market,” said CREB® chief economist Ann-Marie Lurie, noting improvements in the market continue to be driven by homes priced below $500,000.
For more information about the current market or for details about the Calgary Real Estate Monthly Statistics, get in touch with Bill Brandsma at 403-606-1765.
Bill Brandsma Real Estate – specializing in Calgary and the surrounding area.
It’s Federal Election time!
Federal Election 2019: Addressing Canada’s housing crisis
According to research from Abacus Data, top issues concerning Canadians are cost of living and housing affordability. Read on to learn more about how the Liberals, Conservatives, NDP and Green parties plan to help solve Canada’s housing crisis.
https://blog.remax.ca/federal-election-2019-addressing-canadas-housing-crisis/
Article courtesy of Blog.Re/Max.ca