Real Estate Blog / Data - Blog Archive: November, 2020

November 2020

Found 6 blog entries for November 2020.

When you’re shopping for a new home, you probably want the property to be
as “move in ready” as possible. That way, you can... well... just move in!
However, there are a lot of fantastic properties on the market that need some
work. For example, you might see a home that has everything you need, but
the kitchen is long overdue for a renovation. Or, you might view a property
that requires a lot of repairs and painting — tasks that, at first glance, seem
overwhelming.
You don’t want to just pass on a property that might be a great buy. On the
other hand, you don’t want to purchase a home, only to end up with more
renovations, repairs and expenses than you anticipated.
What’s the solution? Here’s an idea.
When you view a home that needs work, make a note of exactly

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Although we’ve already gotten our first doses of snow, winter is (technically) still just around the corner, with many more cold days and tons of the white stuff to come.

Unfortunately, winter is also the season that tends to reveal and worsen issues within the home, so there’s no time like the present for some proactive maintenance. A bit of extra effort now could save you countless headaches when temperatures drop.

Here’s a handy checklist to get you started:

Gutters and downspouts

Make sure they are clear of debris, as blocked gutters can lead to overflows and ice dams. It is also a good idea to check gutters for sagging sections or missing brackets and point downspouts away from your home’s foundation to reduce the risk of leaks and

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A huge congrats to these new acreage owners! This property has some stunning views! Wishing them all the best in their new adventure.

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If you need to sell your home in the next month or two, you might be worried. After all, isn’t spring the ideal season to list your property? If you list in November or December, you might have difficulties attracting buyers and getting the best price for your home. Right? 

Not necessarily. 

While it’s true that spring is traditionally busy in the real estate market, properties do sell every month of the year. 

So, if you’re thinking of selling, you’ll need to know two things: 

·       What comparable homes are selling for at this time of year.

·       How long homes are taking to sell, on average. 

There might be a local seller’s market this month. That would mean there are more buyers looking for homes like yours than there are

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City of Calgary, November 1, 2020 –

With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23 per cent increase over last year and well above longer-term averages.

The gain in citywide residential sales outpaced the growth in new listings, supporting tighter market conditions and improving prices.

“Over the past several years, higher lending rates and the stress test pushed many out of the detached housing market. However, recent declines in rates, combined with prices that are lower than several years ago, have brought back some of that demand,” said CREB® chief economist Ann-Marie Lurie.

“This is helping support more balanced conditions and price improvements in the market. However, price

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