About Lethbridge's Blackfoot

Lethbridge Real Estate - Buying and Selling Houses, Homes, and Investment Property

The market in Southern Alberta follows some seasonal trends which seem to be so reliable on a year after year basis that you can bank on them. Yes, we are still affected by global real estate market trends and the economics of the Province of Alberta, Canada, and the US. We are also affected by commodity prices such as Oil and Agriculture products, as they are such a huge part of local economy. Interest rates which are set by the Bank of Canada also play a role in what happens to local home prices as it affects affordability.

One of the unique factors which has a strong and noticable influence on our Lethbridge housing marketplace is the large number of students and staff of the 2 large post secondary institutions. Between the University of Lethbridge and the Lethbridge College the economic impact on the City is amazing.

Every spring when school lets out, the City economy suffers, vacancy rates rise, business slows down. Every fall when the students return, the city wakes up, rental properties fill up, local businesses feel the impact of new money and new customers descending on Lethbridge. They create jobs, buy goods, fill restaurants and pubs.

Lethbridge real estate prices fluctuate with the movement of the students. This is due in large to the rise and fall of real estate rents and occupancy rates. When rents go up then investors are more attracted to rental property and the income numbers become more attractive. If you have an interest in rental property, you are best to pay attention to this trend. Buying and selling at the appropriate time can make the difference of tens of thousands of dollars. Make sure you work with an experienced mortgage and real estate professional. If I can be of assistance to you contact me directly at 403.330.3039 or at any of the contact info on this page. I have many years experience helping people buy rental property, sell rental property, or make real estate investment into revenue producing income properties.

Robert May

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Lethbridge real estate - Lethbridge gardening

There was a time, not so long ago, that buyers actually were looking for property that had a well located and vegetable producing garden. I recall as a kid, we had a family plot of land that we would all travel to and collectively tend and harvest food from. It was always an adventure going there. The adults would work it and collect vegetables from the garden outside of Lethbridge, while the kids would get a chance to play with their cousins.

These days it seems as if Lethbridge gardening is a hobby more than it is a way of feeding your family. The Lethbridge farmers market still thrives and there are lots of people who are interested in buying local grown produce, but these same people are not nearly as interested in having their own Lethbridge garden anymore.

Gardening is a lot of work. It can also be very physically, mentally, and economically beneficial. If you are interested in Lethbridge Gardening, perhaps you are interested in purchasing real estate that has that feature.