Wednesday, November 23, 2022 / by Chris Matlashewski
With mortgage rates on the climb and another rate hike looming in December, the question remains are interest rates going to come down in 2023 or is inflation to high to consider this. Speaking with Joe Jacobs from Mortgage Connections about interest rates, where we are what we can expect and the math behind the Bank Of Canada setting this tone. Most importantly why now may be the best time to buy vs waiting out the storm.
For answers to all these questions check out our Mortgage Rate Update and click on this link.
Wednesday, December 15, 2021 / by Chris Matlashewski
It Depends our monthly Residential Real Estate Market Update. This month is a quick overview of how the Calgary's Market and neighbouring cities and towns are performing. Shortage of inventory is putting pressure on buyers to be proactive and bear the elements to find their next home. In 16 years this is the busiest December on record for our team. We anticipate this pace to carry strong into the new year.
For a quick video on areas and style of homes check out our recent update
Wednesday, March 17, 2021 / by Chris Matlashewski
It Depends: Our St. Patrick's Day mid-month update, breaking down all styles, days on market and how the needle for median price has moved. Find out if it's time for you to buy or sell.
Monday, February 8, 2021 / by Chris Matlashewski
This month we are dissecting how Calgary's residential market, along with the surrounding areas: Airdrie, Cochrane, Chestermere, and Okotoks, are coming out of the gate in 2021. We dive into how different styles of homes: Single Family, Semi-Attached, Row and Apartment, are doing year over year and look at what districts are performing and which are not. We also talk about economic variables that may help or hinder the recovery in Calgary and Alberta's economy. (Oil cresting over $60/barrel, interest rates under 1.4%, drop in inventory levels, potential job losses with increased M&A, first time buyers, long term change of working from home, and government support.)
Thursday, January 7, 2021 / by Chris Matlashewski
Calgary's Real Estate performance increased sales for the second half and almost offset initial sluggish sales from the first half of 2020. Three variables:
1. Low interest rates
2. Reductions in the supply of homes for sales, and
3. Home prices below the long term average
are contributing to a balanced market and even favouring the seller in some communities.
In this video we are sharing which districts are performing well, which styles of home are popular, what supply is doing to prices, and concluding with a look at the performance of towns outside of Calgary.
Take a look at the latest statistics: ...