Insight for Feb 4 2019

Monday, February 4, 2019Norm Rousseauposted in General

Braeside Bungalow $439,900

Saturday, February 2, 2019Norm Rousseauposted in Buyers

New Listing in Braeside SW
1,513 Square foot Bungalow with 21 X 24 sq ft garage



Detailed information:

CREB Media release: New year kicks off with slow sales

Friday, February 1, 2019Norm Rousseauposted in General

City of Calgary, February 1, 2019

As economic challenges linger into 2019, housing markets remain on a sluggish pace.

January sales totalled 804 units, 16 per cent below last year and 21 per cent below long-term averages for the month.

"The slow start to the year does not come as a surprise, as concerns about job losses and the state of the energy sector weigh on consumers. We anticipate that the slow market conditions will persist throughout much of the first quarter," said CREB® chief economist Ann-Marie Lurie.

The number of new listings entering the market remained comparable to last year, but those levels far surpassed sales activity. This is resulted in further gains in inventory levels. Elevated inventories relative to sales caused months of supply to rise to nearly seven months.


Wednesday, January 30, 2019Norm Rousseauposted in General

In this season of valentine bliss, many couples find themselves having that all-important heart-to-heart conversation about what they envision for their future together. If that future includes a view as to what your perfect love nest would look like, now’s the time to be honest about what each of your ideas, and ideals, are for your shared home.Capture

Put a pot of coffee on, pull up a chair, and get the discussion started.

- You might as well start with the tough stuff, and that means laying out your financial status, warts and all. This is the time for each of you to disclose your income, savings and credit score, and come clean on all your debts and financial obligations. You’ll also have to discuss how you intend to approach the purchase of the home and the costs to run it, whether that’s splitting all financial obligations down the middle or making some other arrangement.

Real Estate Council of Alberta Urges Vigilance When Engaging in Seller Financing

Thursday, January 24, 2019Norm Rousseauposted in General

Calgary, Alberta – As Canada’s mortgage rules have tightened, the Real Estate Council of Alberta (RECA) acknowledges consumers may consider alternative financing options to purchase or sell real estate.

RECA urges vigilance, as incidents of fraud or misleading behaviour around seller financing are on the rise in Alberta.

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