City of Calgary, Jan. 4, 2022 – Thanks to exceptionally high sales in December, 2021 was a record year for home sales. Calgary sales reached 27,686 units this year, nearly 72 per cent higher than last year and over 44 per cent higher than the 10-year average.

“Concerns over inflation and rising lending rates likely created more urgency with buyers over the past few months. However, as is the case in many other cities, the supply has not kept pace with the demand, causing strong price growth,” said CREB® Chief Economist Ann-Marie Lurie.

As of December, the unadjusted benchmark price rose by nearly one per cent over last month and was sitting over 10 per cent higher than last year’s figures. Overall, the 2021 benchmark price rose by more than…

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City of Calgary, Dec. 1, 2021 - Driven by growth in demand for all property types, there were 2,110 sales in November, just shy of the record for the month set in 2005.

“Lending rates are expected to increase next year, which has created a sense of urgency among purchasers who want to get into the housing market before rates rise,” said CREB® Chief Economist Ann-Marie Lurie.

“At the same time, supply levels have struggled to keep pace, causing tight conditions and additional price gains.”

New listings in November totalled 1,989 units, which was fewer than the number of sales this month. With a sales-to-new-listings ratio of over 100 per cent, inventory levels dropped to 3,922 units and the months of supply dipped below two months.

It is not…

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JUST LISTED

265135 Symons Valley Road, Rocky View County

Visit here for full listing details: https://www.peshketeam.com/listing-pwmls/a1162468-265135-symons-valley-road-rural-rocky-view-county-alberta-t4b-4r9/

$1,200,000 MLS A1162468

2 bedrooms

1 full baths

Call/text Yasin @ 403-681-0319 for more info or to book your showing 

53 Acres with absolutely stunning mountain views. There is a modern 2005 log home that is open concept with 2 bedrooms, 2 bathrooms plus loft space. This home is in floor heated, has vaulted ceilings and has huge west facing windows. Fantastic location on the corner of Symon's Valley Rd & Big Hill Springs Rd with great Hi-Way frontage.

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JUST LISTED

21045 Big Hill Springs Road, Rocky View County

Visit here for full listing details: https://www.peshketeam.com/listing-pwmls/a1162491-21045-big-hill-springs-road-rural-rocky-view-county-alberta-t4b-4r9/

$950,000 MLS A1162491

2 bedrooms

1 full, 1 half baths

35x105 Machine Shop

Call/text Yasin @ 403-681-0319 for more info or to book your showing

The home is a 1023sq, 2004 Modular with a 35x105 Machine shop. There is a surface lease in place ($4500 annual). Stunning mountain views! Great investment property with excellent business potential. Must see!

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As you may know, a fresh coat of paint is an inexpensive way to make your home look great to buyers. But what if you don’t have time to paint the entire place? Here are three areas you should prioritize—and one you can potentially ignore. 

1. Rooms with bold colours 

A red bedroom and orange walk-in closet likely won’t appeal to everyone! Replacing personalized colours with a neutral colour scheme will present buyers with a “blank canvas” to which they can add their own personal touch. 

2. Kitchen 

When buyers view your home they linger in the kitchen, which makes it a key selling point. A new paint job will instantly make the space look cleaner and more inviting.  

3. Interior doors 

These become worn due to being touched multiple…

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Imagine a kid running a lemonade stand. He’s selling his product for 25 cents a cup. He’s doing okay. Sales are good. Then someone comes up to his stand and says, “I’ll give you 50 cents for a cup. But, I don’t have the money right now. Give me the lemonade and I’ll pay you later.”

Should he take the deal?

Chances are, you’d advise against it. After all, just because the price is high — in this case, double — doesn’t mean the offer is a good one. There’s a chance the customer won’t come back with the promised 50 cents!

That’s a simple example but applicable when considering multiple offers for your home. Yes, the offer with the highest price is often the one to accept, but there are situations when that’s not the case.

For example, you…

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Thank you to our clients for helping us once again to be the 2nd top team in our office. We appreciate you all!

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