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May Preferred Client Update

May 3rd, 2019
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Visit a CIR Open House and WIN a VIP Experience at the Chuckwagons!

From now until July 1st, CIR REALTY is hosting an open house giveaway for the chance to WIN one of twelve VIP experiences at the Calgary Stampede chuckwagon semifinals.

Each prize includes:

  • Two prime infield seats for the chuckwagon race. 
  • Fully catered and open bar in our exclusive hosting tent behind the barns.
  • A me ...

April Preferred Client Update

April 3rd, 2019
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Preventing Spring Water Damage to Your Home

Seepage into your property through leaks and cracks are the most common form of water damage once the winter snow melts.

Here are some easy steps you can take to prevent flooding and water damage to your home:

-  Remove any ice or snow from your eave troughs so water can flow freely (for example, use a broom to safely knock down any icicles hangin ...

Oversupply persists despite improved sales activity for affordable product (CREB Update)

April 2nd, 2019

March saw a modest decline in city wide sales activity compared to last year. However, sales have been rising for more affordable product in the detached and attached sectors.

Shifts in the lower end of the market have not outweighed easing across the higher priced product. First-quarter sales dropped to 3,108 units. This is nine per cent below last year and 28 per cent below typical levels ...

March Preferred Client Update

March 3rd, 2019
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Tax Credits for Homeowners

Owning a home costs money, but there are tax credits and rebates specifically for Canadian homeowners. Here are a few to get you started:

New Home Perk
If you just bought a house and you haven’t owned a home in the four previous years, you can get the Home Buyers’ Tax Credit. Enter the amount of $5,000 on line 369 of your tax form and you’ll get a 15% credit. Red ...

Housing market feels the chill as oversupply continues (CREB Report)

March 3rd, 2019

City of Calgary, March 1, 2019 – The effects of Calgary's economic climate continue to create weak sales activity and elevated inventory in the city's housing market. 

As a result, prices are being affected.

“It is not a surprise that slowing activity in the housing market has persisted into February,” said CREB® chief economist Ann-Marie Lurie.

“There has been no substantial change in the ...

Preferred Client Update

February 4th, 2019
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Who’s Responsible for Post-Home Inspection Repairs?

A home inspection is a normal and recommended condition that all buyers should include as part of their purchase contract negotiations. But what issues should you ask the seller to fix or pay for in order to make the deal go through?

If you’re not buying a new build, some wear and tear should be expected. Don’t get caught up making a list ...

Economic challenges to affect Calgary’s housing market in 2019 (CREB Report)

January 30th, 2019

The challenging economic climate in Calgary is expected to persist into 2019.

Easing global oil prices, concerns regarding market access and easing investment activity are weighing on the energy sector and are expected to slow growth prospects in the province this year.

"Slowing growth, weak job prospects and lack of confidence are all factors that are contributing to the expected easing in ...

Job market weakness and lending restrictions a common thread in 2018’s housing market (CREB Report)

January 2nd, 2019

As oversupply continues in Calgary’s housing market, December prices eased by one per cent compared to last month and are over three per cent below last December. 

“Persistent weakness in the job market and changes in the lending market impacted sales activity in the resale market this year,” said CREB® chief economist Ann-Marie Lurie.

“This contributed to elevated supply in the resale mark ...

December Preferred Client Update

December 4th, 2018
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Looking to Pay Your Mortgage Off Faster?

If you are looking to pay down your mortgage faster, here are three options to help you achieve your goal:

1) Choose an ‘accelerated’ option for your mortgage payments
An accelerated payment option lets you make weekly or biweekly payments while putting about the same amount of money toward your mortgage as a monthly payment. Accelerated payments can ...

Challenging economic conditions continue to impact the resale market (CREB Report)

December 3rd, 2018

Sitting below long-term averages, November sales in the city totaled 1,171 units.

For the year so far, sales activity has totaled 15,349 units, a 14 per cent decline over last year and nearly 20 per cent below long-term averages.

"Recent challenges in the energy sector have weighed on consumer confidence over the past month. Combined with weakness in the employment market and further gains ...

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