Buying a brand new condo from a builder? Resale value is a very important point to consider. When buying a new condo that is still under construction, many people find it hard to imagine what factors will affect its resale value. In the article What to look out for when buying a new condo, we… [Read More]
304 560 6 Avenue SE East Village
2 bedroom | 2 bathroom | Concierge
Real Estate Stats February 2024
Low inventory and high demand drive price gains in February Calgary, March 1, 2024 – New listings continued to rise in February, reaching 2,711 units. However, the rise in new listings supported further growth in sales, which increased by nearly 23 per cent compared to last year for a total of 2,135 units. The shift… [Read More]
What to look out for when buying a brand new condo
Whether you are a first time buyer or a seasoned investor, anyone buying a brand new condo needs to use extra due diligence. In some cases, the complex will already be finished, but, in other cases, there may be merely a hole in the ground, and one is buying from a drawing. In any case,… [Read More]
Real Estate Stats January 2024
January sees strong sales fueled by boost in new listings Calgary, February 1, 2024 – January sales rose to 1,650 units, a significant gain over last year’s levels and long-term trends. The growth was possible thanks to a rise in new listings totalling 2,137 units in January. New listings rose for homes priced above $300,000,… [Read More]
How to Choose the Right Contractor for Your Project
Looking to do a renovation on your home? Do your due diligence when selecting a contractor. Here are a few tips when choosing a contractor in Calgary. What are you renovating? What contractor to look for often depends on the type of renovation. Is it a smaller renovation such as a bathroom? Or a bigger… [Read More]
Real Estate Stats December 2023
Strong migration and low supply drive Calgary housing prices in 2023 Calgary, January 2, 2024 – Sales in 2023 did ease relative to last year’s peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there was a notable shift in… [Read More]
Selling real estate via POA or executor
Selling real estate via a power of attorney or an executor requires different handling than a regular sale. A realtor must ensure that several things are in place, or the sale can be harmed. Before explaining the subject, it is most important to contact a lawyer regarding any questions about this subject. Realtors are not… [Read More]
Real Estate Stats November 2023
Increased listings, strong sales, and price growth Calgary, December 1, 2023 – New listings in November reached 2,227 units, nearly 40 per cent higher than the exceptionally low levels reported last year at this time. Gains in new listings occurred across most price ranges, but the most significant gains occurred from homes priced over $600,000…. [Read More]
Most common conditions when buying real estate
When buying a home, a buyer can ask the seller for conditions. A condition means that a buyer will purchase the property but only if the condition is met to the satisfaction of the buyer. In a regular purchase contract in Calgary provided by the AREA, 4 conditions are preprinted. The most common conditions referenced… [Read More]
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