Monday, September 16, 2019Norm Rousseauposted in General

You've no doubt heard about the value of getting a home inspection before you close the deal on a property, to get a qualified, objective assessment on the condition of your potential new home. But what happens if the home inspection turns up a red flag? ls it necessarily a deal-breaker?


Comparable Property Sales

Monday, September 16, 2019Norm Rousseauposted in Terminology Tips

Comparable Property Sales


Thursday, September 12, 2019Norm Rousseauposted in General

Misconceptions about mortgages can cause buyers to stumble on the path to their next home purchase and even cost them money- So let's bust some common mortgage myths!



Thursday, September 5, 2019Norm Rousseauposted in General

When presenting your home for sale, the value of curb appeal can't be emphasized enough. Here are some ways to shine a light on your selling opportunity.

Illuminated address sign. Make your address easy to find with an illuminated address sign or at least a spotlight shining on your house number.


This is a great idea even if you're not selling your home, as it allows everyone, from the pizza delivery person to emergency first responders, to find you quickly and easily.A well-lit path. Once the potential buyer finds your house, make sure their trip to the front door is clear and well lit. This is an attractive feature that also doubles as a safety measure for both you and your visitors, who need a clear view and safe access to your home's entrance.

Highlighted Landscaping. A lot of time and money goes into creating a beautiful lawn and garden. Consider how to best highlight your outdoor efforts using uplights to illuminate trees from below, and quality solar lights to cast a magical glow to the garden.

ln many cases, the evening hours are the only time available for potential buyers to view your property. Make sure you present your home in the best possible light with attractive path, patio and landscape lighting systems, no matter what time of day it is.

Sales activity increase led by lower-priced homes

Thursday, September 5, 2019Norm Rousseauposted in CREB Market Statistics

City of Calgary, September 3, 2019 – Increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000. “Employment numbers have been improving, but mostly in industries that are traditionally lower paid,” said CREB® chief economist Ann-Marie Lurie.Annotation 2019-09-05 133639

“This is contributing to the shift that we are seeing in the housing market, with growth being limited to product priced below $500,000.” Rising sales for homes priced under $500,000 offset sales declines in the higher price ranges. This caused August sales to improve by six per cent compared to last year. Sales activity improved for all product types. The growth was largest for apartment-style and attached properties. Attached sales increased for the sixth consecutive month compared to the previous year. This is also the only property type with year-to-date sales higher than last year’s levels. New listings continued to ease this month, which caused inventory to decline. This is helping the market shift toward more balanced conditions. The amount of downward pressure on prices is also easing. At $426,000, the unadjusted citywide benchmark price this month remained comparable to last month, but 2.6 per cent lower than last year’s levels. Despite improving sales and reductions in inventory, housing market recovery will take time. Inventory levels remain elevated and sales activity is still well below historical norms. The market continues to favour the buyer, with over four months of supply.

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