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REMAX 2017 Canadian Housing Market Outlook Report

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How's the Market - Supply & Demand Nov 28, 2016

Buyers Market in Condo's continues in Calgary while Detached Home Sellers enjoy the opposite.
 

These numbers are slightly skewed because CMHC changed the lender's insurance rules for mortgages yet again in Oct. This caused a rush of buyers that had to get in before being locked out of home ownership completely.


Now CMHC says they are Thinking about doubling the minimum down payment required which will knock out another huge number of Canadians...

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If you are thinking about investing in Real Estate for the first time I encourage you to think about the monthly income from the property first.

You need a monthly rent cheque to pay the mortgage, property taxes and property insurance as the basics.

If you take one step back from a monthly rent cheque, you need somebody to give you the rent cheque in exchange for the use of the property.

So perhaps before you run out looking at properties you should give some thought to tenants. Who are they? Where...

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Being a Realtor involves a lot of negotiations.

It starts with choosing a brand and an office. I chose Remax after trying some smaller and cheaper companies. Looking back I should have made the investment from the start and gone with the Number One Real Estate Brand in the world.


Remax in Calgary isn't just one company, each office is independently owned and operated as a franchise. So after choosing the Remax Brand I had to choose the office. After a bit of research, I applied to join Remax Realty...

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The most recent mortgage rule change that has yanked the welcome mat from underneath first time home buyers has put the spotlight on Posted Mortgage Interest Rates.

The Posted Mortgage Interest Rates used to serve just two purposes.


Number one is the banks use the posted mortgage interest rate to rip off Canadians that pay off the mortgage before the term is over.

Number two is the banks use smoke and mirrors to fool Canadians into thinking the bank is giving them a break from the posted mortgage...

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The City of Calgary has set up 35 locations all over the City for you to drop off your leafs for composting by the City. Pick up some Brown Paper Leaf Bags at Rona or Home Depot, rake up your leafs and drop them off at any one of these leaf drop-off locations.

 

You have until Sunday, November 6th to drop off your bagged leaves and pumpkins to a drop-off location to be composted.

Find a drop-off location near you!

By composting your leaves and pumpkins, you help:

- Decrease use of our...

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The truth is lots of people end up wanting to fire their Realtor after the listing contract is signed.


We see it all the time as listings expire unsold only to be re-listed with another Realtor. Like any relationship, there is no shortage of reasons clients want a new Realtor. Bad service, no service, bad communication, no communication, broken promises, bad marketing, no marketing, personality conflicts, conflicts of interest, are just a few of the things we hear from unhappy clients.

So How do you...

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Searching for and Finding your next Home in Calgary just got easier.


 

With our newly updated and user friendly Calgary Real Estate website, you will find your dream home quicker than ever before.

 

The Calgary MLS System is now defined as 8 separate mls areas. What was just North West, North East, South West and South East Calgary is now changed. North of the City Center Area we have North West, North and North East Calgary. The center of Calgary is now West, City Center and East Calgary....

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Not much new here from last month. Detached Homes still holding it's own as a flood of inventory is just not happening. Can't say the same for attached homes and apartment homes though. Simple logic tells us it's much easier to throw up a few buildings and you can flood the apartment market. Much harder to flood the detached home market because it takes a lot more land for 1,000 detached homes than it takes for 1,000 apartments.


You can scroll through the report below or click here to download your...

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I am a Paperless Calgary Realtor. It wasn’t my master plan to do my part in saving the planets dwindling number of trees. It has just evolved that way in the years since 2002 when I became a licenced Realtor in the City of Calgary.

When I started we had to buy these huge pads of forms printed in triplicate that usually became obsolete before you could use them all up, because the Alberta Real Estate Association decided the forms needed changing or updating as they like to call it.

That slowly...

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Have Questions? Contact Jerry at: 403 831 0842