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Our Latest Endorsement from Shark Tank’s Barbara Corcoran

We recently met with Shark Tank’s Barbara Corcoran to shoot a commercial. We would love for you to watch and let us know what you think.

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We just wanted to reach out to you all for a minute to let you in on some exciting news. We recently traveled to New York where we were able to meet real estate mogul and “Shark Tank” star Barbara Corcoran.

Not only were we able to talk to her about our business, we also received her official endorsement.

The commercial is all done and we are delighted to present it to you. To check it out, watch the video above.

We received her official endorsement in Calgary real estate.

In the meantime if you have any questions for us, don’t hesitate to reach out. We look forward to hearing from you.

Should You Wait Until Spring To List Your Home?

A lot of homeowners are debating whether to list their home now or to wait until Spring. There are a number of reasons why you should consider listing now.

We anticipate a surge of activity coming up as people come back from vacation and kids get settled into school. Another big reason to list now is because it’s still green outside. Green photos show much better online. They showcase your curb appeal and your landscaping. Buyers don’t want to see photos of a home with snow or dead grass in them.

If you’re thinking of selling, give us a call.

If you are entertaining the idea of selling your home soon, give us a call or send us an email. We would love to talk to you about your options and determine what’s best for you.

What You Need to Know About the Calgary Market

July 2016 was the 20th consecutive month of declining sales for the Calgary market. There are a few factors contributing to this decrease in sales, including our current economic conditions, higher unemployment rates, and net migration.

This month, we saw a total of 1,741 homes change hands, which is a decline of about 12.65% compared to July 2015. Our listing absorption rate is sitting at about 31% of all active listings sold, which could technically be called a balanced market, but I would call it a buyer’s market. The average price for a single-family detached home, $541,000, has gone basically unchanged since last July, whereas attached homes are sitting at about $480,000 - a decline of about 2.39% compared to last year.

People are still seeing the opportunities in the current market.

The good news is that the average sale price for condos has gone up 13%; however, we saw two substantial sales downtown – one at about $8.4 million and one at about $5.2 million – which will majorly skew the numbers. All things considered, though, it’s pretty positive to see such substantial purchases here in our area because it means that there are people who are still seeing the opportunities in the current market.

On average, a home is spending about 46 days on the market, which is up about 15% compared to last year.

These are just some quick numbers. If you’d like more in-depth statistics for your community, or if you’re looking to buy or sell, please give us a call or email us. We’d be more than happy to give you a no-obligation consultation.