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September Preferred Client Update

September 2nd, 2020

5 Questions to Determine How Big of a Home You Actually Need

1. Is this my ‘forever’ home, or is ‘right now’ good enough?
While you can’t predict the future it is possible to evaluate the likelihood you might be moving in coming years. If so, then maybe you don’t need to buy that perfect “forever home” where you’ll grow old; maybe a “right now” home is good enough.

2. What will my income loo ...

August Preferred Client Update

August 5th, 2020

Open Houses are Safe and Permitted Under Phase 2

If you are in the market to purchase a property, visiting open houses is a great way to gauge what’s for sale in a certain community. Although open houses are now permitted under Phase 2, there are a few things to note for your own safety and the safety of the seller.

Access is limited to one family group at a time. If another family group is ...

Summer home maintenance

July 13th, 2020

July Preferred Client Update

July 3rd, 2020

CMHC Tightens Lending Criteria, but Buyers Still Have Lots of Options

On July 1, 2020, CMHC modified their lending criteria for insured mortgages to require buyers to have stronger qualifications before owning a home. These adjustments to the requirements include an increase in credit score, a need to have less percentage of income be designated for housing expenses and placing limitatio ...

June Preferred Client Update

June 2nd, 2020

The Sky Isn’t Falling: The Media’s Miscalculation

Contrary to the stories in the media, the sky is not falling on the Alberta real estate market.

In April in the Calgary market, we saw an average price drop of -8.31 per cent. That’s pretty big. But is it true? At face value, yes. But let’s consider how the average is calculated. If there are three homes that sell in a month and two are $1 ...

May Preferred Client Update

May 4th, 2020

Ending Isolation Will Immediately Change the Real Estate Market

On Thursday, April 30th, the Alberta Government announced their plan to reopen the province after the COVID-19 closures. This decision will immediately impact the real estate market.

With sales being down over 60 per cent in April across most markets, people who were planning to buy or sell in the spring, did not. Despite hig ...

Spring home maintenance ideas

April 14th, 2020

April Preferred Client Update

April 2nd, 2020

Real Estate is Open, But Different

To encourage the flattening of the curve and to keep the public safe, the Government of Alberta has issued restrictions on social gatherings and face-to-face interactions. To extend this effort, all non-essential businesses have been forced to close. What about real estate? Understanding that many consumers are caught in a life circumstance that requires ...

COVID-19 weighing on housing market (CREB report)

April 1st, 2020

After a strong start to 2020, economic conditions have dramatically changed, as COVID-19 is impacting all aspects of society.

The economic impact is starting to be felt across many industries. This includes the housing market.

March sales activity started the month strong, but quickly changed, as concerns regarding the spread of COVID-19 brought about social distancing measures. This ha ...

Important information for property investors

March 31st, 2020

Many property investors, like yourself, are feeling concerned about the health and safety of your tenants as well as the financial implications of missed rent payments.

Late last week, the Alberta government announced restrictions regarding civil enforcements of evictions.  Effective immediately, landlords cannot evict a tenant for non-payment of rent in April or tenants who missed rent paym ...

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