2023 begins with great promise. Alberta has been a province of “highs and lows” for several decades. Currently we are enjoying the benefits of a strong economy with a quality workforce, a stable economy, and a promising year. The geopolitical situation in many parts of the world, with the War in Ukraine to the partial … Read more
Rent prices are one of the most important issues for landlords and tenants alike. And in the current context of the Canadian real estate market, it is more important than ever. We want to start talking about rent prices in Calgary addressing one of the most common questions owners and renters ask themselves: “how do rent … Read more
Buying a home to rent out is an attractive investment for many Calgarians. If you’re considering investing in a rental property and becoming a landlord in Calgary, there are a few things you need to consider before making a decision. 5 Things to Consider Before Becoming a Landlord in Calgary 1- Rental Real Estate is … Read more
We are in the middle of the fall and the weather’s getting cold quickly. This is a good time for landlords to think about winterizing and planning ahead to get your rental property ready for the winter. Whether your property is currently rented or vacant, these are some items you should take into consideration that … Read more
Calgary’s real estate market, as with other major markets across the country, started to shift from booming to cooling when the Bank of Canada started to increase the interest rates back in March. So far, the effects of this corrective measure have been more pronounced in communities surrounding the city, like Canmore and Chestermere, which … Read more
RE/MAX’s most recent housing inventory report brought some concerning results: the study shows that average inventory levels in the majority of the major Canadian real estate markets have fallen to their lowest levels in 10 years. Most markets have double-digit declines, including the Calgary market with a 26% below-average inventory level in comparison with the … Read more
In a scenario with higher mortgage rates and lower inventory, Calgary’s real estate market continues to slow down but remains active. In its most recent report, the Calgary Real Estate Board reported a -0.51% drop in sales for all home types; however, buyers are reconsidering their options rather than refraining from buying. If you’re in … Read more
Updated on Jun 7, 2024 Investing in real estate is one of the most popular ways for Canadians to build their wealth. It’s relatively low-risk and offers the possibility of constant cash flow. Additionally, the tax breaks and long-term capital appreciation make this asset class a solid and attractive addition to any investment portfolio. When … Read more
Over the last few months, it feels as though we’re all experiencing the effect of inflation, including the effect of inflation on Calgary Real Estate. Price increases have been a major factor in many people’s lives. With everything from rising grocery costs to higher prices at the pump, money simply is not going as far … Read more
One of the keys to succeed as a landlord is to find great, long-term tenants. And knowing what questions to ask potential tenants is the first step in finding good ones. Even though you may ask industry standard questions on a rental application, a good property manager should also use screening questions to make sure … Read more
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