Calgary Real Estate Market Update-March 2024
Apr 11, 2024
MARKET UPDATE FOR CALGARY REAL ESTATE IN MARCH 2024
Seller's market conditions prevailed across the board in March (and April, month-to-date). Continuing the trend, entry-level housing types and more affordable geographical areas, saw the greatest imbalances and therefore the strongest price gains.
Price gains: As we entered spring, sales rose, but the
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Calgary Real Estate Market Update-February 2024
Mar 08, 2024
Market Update For Calgary Real Estate In February 2024
Little change this month versus January: Supply remains constrained across the market and sitting inventory is only really found in outlying communities (primarily Chestermere, Cochrane & further afield) and/or at higher price points (above $900,000).
Notably, the luxury condo space ($750k+) and highest
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From Innovators To Experts
Mar 02, 2024
Drone Innovators To Drone Experts
It’s cringeworthy, but we keep coming across this old video. Believe it or not, the footage we captured was innovative at the time. We think we were the second real estate team to use drone video: Working directly with Transport Canada before there were rules in
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Interest Rate Increase Influence Buying Power
Sep 11, 2023
Demand continues surpassing stock in Calgary's housing market, as interest rates jump further. These factors come together to put a strain on people trying to purchase a home or renew their mortgage. While speaking with Global News, Tom Albrecht says “When you have a low housing stock, you really don’t
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Tom Albrecht Gives Global News Expert Insight on Housing Inventory
Mar 09, 2023
Once again Tom was asked by Global News to Weigh in on the Calgary housing market. With Inventory being at an almost 20-year low, many potential buyers are faced with a great deal of competition when finding and securing a home. One of the reasons for the limited supply, he
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Have The Contract That Works For You With Seller's Conditions
Nov 11, 2022
Seller’s Conditions: What Are They? And Why I Love Negotiating Them
Imagine you want to buy a house, but you’re terrified of selling your place first and then becoming homeless (because you haven’t found your dream home yet).
Bad situation, right?
Wrong. “Seller’s condition” for the win!
Have you heard of a seller’s condition?
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How To Tip The Scales With A Winning Cover Letter
Nov 11, 2022
Winning Negotiations as a Calgary Home Buyer: The Cover Letter
This blog is the first in a series of articles I’m writing that together, give a comprehensive set of tools to winning real estate negotiations as a buyer.
We’ve had all sorts of markets in Calgary of late (buyers, sellers balanced), and
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Calgary Real Estate Market Update- Nov 2022
Nov 08, 2022
Market Update For Calgary Real Estate
Comparing this month's market update to last month's we notice very few differences, but they are there. We still exist in a low-inventory world, for all property types up to $800,000. The rate of new listings is relatively slow, and sales remain strong, despite rising
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Are Multiple Offers on Your a Home a Good Thing? Not Always
Oct 18, 2022
The Stress of Getting More Than One Offer
Multiple offers sound fun, right?
Normally getting more than one offer on your home is very exciting because, as I tell my clients, it is the best chance of selling your home for as much money as possible. And it's true - most sellers
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Calgary Real Estate Market Update - October 2022
Oct 17, 2022
Calgary Area Real Estate in October
In total, the Calgary & Area market has 2.5 months of inventory, which puts it in seller's market territory, though sentiment has continued to turn negative in the last month.
Sales were down 12% versus last September 2022. We know 2022 was a very busy year,
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Global TV Calgary asks Tom Albrecht about the Housing Market
Jun 02, 2022
Tom shared his summary view on the Alberta housing market. Asked if interest rates would impact the market, he said "taken alone, yes, but we also have extremely high oil prices generating economic activity and driving interprovincial migration." Watch the Global TV Calgary piece here:
And here's the article if you're
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Calgary Real Estate Market Right Now: "BUY, SELL or HOLD?"
Apr 09, 2022
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Calgary & Area Market Analysis
Jan 08, 2022
Calgary and the surrounding bedroom communities have all but run out of listings, particularly for detached homes. We now have lower inventory than the same day in 2005.
An anecdotal story: Yesterday I went with a client to a showing and the listing agent told me that they had 70 showings
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