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Todd Terry

Let the buying season begin !

04-10-09
Todd Terry

Its a great feeling when spring arrives and the snow is gone . In Calgary the season of spring is the best time to buy and sell real estate ! . Why you might ask ? Well the next few months people start think about moving area's or moving cities , Its prime time for Real Estate due to school timing and season changes. The next few months are great for listing and selling because we are all thinking ahead and that means the right place at the right time. Stampede is coming as always and will stop the markets were they stand!. So ( April , May and June ) are perfect to buy and sell. Write off July because we are all at the stampede !!!!. August is the next time for catching the market. So clean out your closet and garages and give us a call for helping you find or sell your dream home.

have a great spring

Calgary Real Estate moving upwards

03-25-09
Todd Terry

Calgary has noticed a recent jump in sales in the past 30 days placing the sales at over 1000 units sold over the last 30 days !!! I know that is not huge for Calgary but it is major progress for the good. I am noticing that people who have been sitting on the fence are realizing that interest rates are extremely low an that pricing is back on target for a normal growth. So if you are waiting for the bottom to fall...... It fell !!!!

Its nice to see the market picking up and people moving homes and achieving dreams of home ownership again. Way to go Calgary !!! The banks are realizing they need to follow the lead of the government and let other people make money for a change.... As you all know the major banks of Canada always make major money and seem to still charge a high rate.

Spring is here ( or at least in theory ) Snow is falling :)

So go out doors and enjoy the spring weather , summer is around the corner....

Cheers

TR

Housing Boom Predicted !

02-21-09
Todd Terry

Im not sure if you were able to read the Calgary sun on Friday February 20th , but there were 2 great stories about Calgary housing market. The Housing market report released by ( CMHC .. Canada Mortgage and housing Corporation) The federal agency predicts that next year , the energy-rich province will lead the nation as home build bounces from a 3 year slump. Forecast for the year 2010 ( 14.6 % in Alberta and 1.9% nation wide) NO OTHER PROVINCE IS PREDICTED TO POST DOUBLE DIGIT... The main reason behind the CMHC's optimism for Alberta is that within one year, the impact of cash injection into the ailing economies of Canada and the U.S will be felt in the housing sector.. Mortgage rates are very low and pricing is perfect for the buyers. I guess the proof is in the numbers and the current market is showing a large increase from last month. CREB is posting 807 sales within the last 30 days and 4318 active listings , this means the balance is coming close. So buyers get of the fence and make your move before the move is made!. For more info check out the Calgary Sun ( Friday feb 20 ) page 35.

Cheers,

TR

Calgary is prime for the picking

01-13-09
Todd Terry

As we are all aware the future of the world economy is uncertain , however if you look back to the 80's you will find the same trend with a new twist ( OIL). if you are in the oil business you understand that demand will not slow for long and that prices will go up ! if were at $150 it will happen again and much higher. This is the prime time to be looking at upgrading or possibly adding property to your investment portfolio real estate will only go higher. looking downtown its not to work the numbers on people vrs condos and realize that with the sudden stops of projects are going to cause the exact same effect that it had 2 years ago ( no product ). The office buildings are moving fast and will fill the downtown core enabling employees to seek for close affordable condos. The same is true for homes however do not purchase a home expecting the same rate of return that has happened 2 -3 years ago , expect normal growth rates of 6-10% and enjoy.