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September Preferred Client Update

September 4th, 2019
Using a REALTOR® Leads to a Much Higher Sales Price than Selling a Home Yourself According to a research report done by the National Association of Realtors. For Sale by Owner [FSBO] properties typically sell for much less than the selling price of other homes. Last year, across the United States, the average FSBO home sold at a median of $200,000,which is significantly lower than the medi ...

Sales improving and inventory declines for fourth month in a row (CREB Report)

August 2nd, 2019
For the fourth consecutive month, inventories in the market declined compared to last year. This is due to the combination of improving sales and a decline in new listings. The market continues to favour the buyer, but a continuation in supply reduction compared to sales is needed to support more balanced conditions. “We are starting to see reductions in supply across the resale, rental and ...

August Preferred Client Update

August 2nd, 2019
  The Value of a REALTOR® Choosing to hire a Realtor is choosing to hire a professional with specialized expertise, and who is legally bound to work in your best interest to guide you through a process that the average Canadian only undertakes a handful of times throughout their adult life. Realtors provide valuable insight on the state of the current real estate market, which is in a cons ...

CREB mid-year market update

July 22nd, 2019
Modest supply reductions may signal shift to balanced housing market by end of year City of Calgary, July 22, 2019 – A struggling energy sector continues to weigh on the overall economy. Unemployment levels remain elevated and income growth remains weak. However, Calgary continues to benefit from stable population growth fuelled by international migration and natural increases. “With curre ...

July Preferred Client Update

July 3rd, 2019
  The New Federal First-Time Home Buyer Incentive The First-Time Home Buyer Incentive helps qualified first-time home buyers reduce their monthly mortgage carrying costs without adding to their financial burdens. The buyer needs you to have the minimum down payment to be eligible, and then they can apply for a five per cent or ten per cent shared equity mortgage with the Government of Cana ...

Sales activity improves for second consecutive month (CREB report)

June 4th, 2019
Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 per cent compared to last year. Improving sales relative to inventory levels caused the months of supply to ease to just under four months. While still oversupplied, this is an improvement from the five months of supply ...

June Preferred Client Update

June 4th, 2019
  How to Maximize Your Home’s Curb Appeal Here are some ways you can add to the perceived value of your house without breaking the bank on a completely new landscape: Wash the windows and siding on the front of the house. Paint window and door frames on the front of the house if they’re outdated. Clean and straighten your porch light. Clean your eave troughs, and make sure the downspo ...

May Preferred Client Update

May 3rd, 2019
  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
  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 ...
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