We have seen a steady increase in the number of sales over the past few months. There were more homes sold in January than in either November or December. February brought another increase in sales at about 65% og 2008. March promises to be closer to 75% of the 2008 sales. The average price has also risen marginally over the last couple of months.
Spring is here, interest rates are at a ...
I am happy to announce that this Saturday, January 13, 2007, 2:00 PM to 4:30 PM, I will be hosting an Open House at 2606 106 Avenue SW in Cedarbrae, Calgary. This is an opportunity to visit this excellent home for sale in the great community of Cedarbrae. Please come with any questions you may have. In the meantime, you can take a virtual tour of this home at http://www.lesliek.com/Propert ...
WOW! We have just gone through a year in real estate like we have never seen before. I think all of us had a cracked crystal ball as we strived to predict what would happen next and when the bubble would break or deflate. We can now see that the slow down began in June. When we look at the average sale prices, prices are still going up very slowly. It actually looks like a normal market ...
A little girl had been shopping with her Mom in Target.
She must have been 6 years old, this beautiful red haired, freckle
faced image of innocence. It was pouring outside. The kind of rain
that gushes over the top of rain gutters, so much in a hurry to hit
the earth it has no time to flow down the spout. We all stood there
under the awning and just inside the door of the Target.
...
Our market continues to go up at an astounding rate. Multiple offers are the norm with over 50% of the homes selling at or above list price. There appears to be no end in sight. The influx of people into the city is the major driving force. We continue to have a shortage of workers and advertise Canada wide for employees. These people moving into Calgary need homes. A record number of h ...
Did you know that 58% of the sales in Calgary last week were at or above list price? In many cases, there were 6 or 8 offers on a house. The most extreme case was about a month ago in Arbour Lake where there were 65 offers on one house. It sold for $60,000 over list!
Did you also know that if you offer more for a home than a home appraisal determines that it's value is, the banks may not ...
The latest stats are out. Our market is still HOT.
From CREB, "The average combined residential sale price for April 2006 was $341,838, the highest sale price on MLS® record, showing a 37.18 per cent increase over April 2005, when the average price was $249,195, and a 5.03 per cent increase over March 2006's average price of $325,481. Broken out, the following is a comparison of single-famil ...
Wow! Can you believe it? I was just looking at the stats for the last several weeks. The average price has increased $7,000 per week. That is a $1,000 per day. Just living in your home and paying your mortgage is making you a $1,000 every day! So if your mortgage is $1,500/m, you are making about $29,000/m for your investment. Incredible!
Unfortunately, for people who have not quite ...
Recently a co-worker of mine listed and sold a home in Bridlewood. The homeowner had tried to sell it herself for a couple of weeks. The best offer she could get was $275,000. My co-worker could not convince the seller to list for higher than $299,900. The home sold in 2 days for $330,000! The bidding wars and multiple offers are as a direct result of using the MLS. This home sold befor ...
Becoming Calm
I am passing this on to you because it definitely worked for me and
we all could use more calm in our lives. By following the simple
advice I heard on a Dr. Phil show, I have finally found inner
peace. Dr. Phil proclaimed the way to achieve inner peace is to
finish all the things you have started. So I looked around my house
to see things I started and hadn't finished; and, be ...