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How to Start AND Be Successful Investing in Real Estate
I’ve always promoted the benefits of owning a revenue property – I have some myself and they have historically been strong performers in my portfolio. There can be lots of pitfalls to avoid in the rental market but educating yourself, having a plan and surrounding…
Real Estate Stats in Perspective
The Real Estate demand in Calgary and surrounding cities remains very strong! The main question I am being asked is always, how is the market doing since all the interest increases? To answer this question, I have put a chart together from January 2022 to…
October 2022 Real Estate Statistics – Sales remain stronger than pre-covid levels
As released by CREB® on November 1, 2022 – full link here. October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector. However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported…
Removing conditions on time
You know that saying “time is of the essence”? Well in real estate, it really truly is. The purchase contract has strict timelines that must be followed - literally to the minute - in order for the transaction to remain “alive”. One missed step and…
Difference between a titled and assigned parking
Do you know what the most common issue is in the sale of apartments in Calgary? Parking! Titled, assigned, indoor, outdoor, can your use be taken away? So many questions surrounding condo parking so let’s break it down. There are three main categories in which…
Waiting for your moving day!
Your conditions are removed, your transaction firm and you are ready to pack for your move but hmmm, you feel like there might be other things to do to prepare for possession day… No worries, I have you covered! Yes, there are a few to-dos…
July 2022 Real Estate Statistics – Detached home sales decline as apartment condominium sales rise
As released by CREB® on August 2, 2022 – full link here. Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year.…
Dower rights and you
If you’ve bought or sold real estate in Alberta, you may recall a short clause in both the residential listing and purchase contracts regarding Dower rights, but what does Dower really mean? The Dower Act of Alberta has been around a long time, since 1917…
Low-cost Ways to Improve Your Home’s Interior
Have you ever looked around your house and felt a little uninspired? Whether you are thinking of selling or not, a room refresh can go far to improve not only your mood but the experience others have when visiting your home. Now I’m not talking…
Real Estate Lawsuits – Top Issues and How to Avoid Problems
Did you know that every real estate professional in Alberta has errors & omissions insurance through the Real Estate Insurance Exchange (REIX)? They are the insurer who manages legal claims against real estate agents and have insight to all of the lawsuits filed pertaining to…