Could this possibly be the BEST Real Estate blog in Calgary? Perhaps! Either way, we sure know how to throw a good blog. 

Everything Calgary. Everything Real Estate. #askthecret

Dec. 23, 2020

Merry Christmas from The Calgary Real Estate Team

Posted in Trending in YYC
Dec. 17, 2020

TheCRET.com's Top 7: Reasons Why Santa Claus Would Make a Great Real Estate Agent

Here is our Top 7 Reasons why Santa would make a great Real Estate Agent! 

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Posted in TheCRET.com Top 7
Dec. 14, 2020

Market Snapshot: November 2020

Posted in Monthly Snapshot
Dec. 9, 2020

TheCRET.com's Top 7: West Calgary Acreages

We've handpicked seven acreages that are personal fav's of ours. Here they are! 

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Posted in TheCRET.com Top 7
Dec. 3, 2020

TheCRET.com's Top 7: Christmas Light Displays in Calgary

Christmas and Holiday Lights in Calgary 2018 - 2019

Photo Credit: Spruce Meadows Lights

Enjoy the best time of the year in all its glory with your Family. A list of places to enjoy Christmas and holiday light displays in Calgary.

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Nov. 11, 2020

Bank of Canada Does Not Expect to Raise Interest Rates Until 2023

In a scheduled announcement on October 28,2020, the Bank of Canada maintained its overnight lending rate at 0.25%. The Bank noted economic headwinds are rising as the number of COVID-19 cases continues to rise across the country.

The Bank stated it will hold the policy interest rate at its effective lower bound until economic slack is absorbed, and the 2% inflation target is sustainably achieved.

The Bank is making some technical changes to its asset purchase, or quantitative easing program. It will reduce overall asset purchases while targeting assets that have a larger impact of the borrowing rates that are most important to households and businesses. The Bank saidthe adjustments will provide at least as much stimulus as before.

The Bank also stated the recovery was broadly in line with the expectation laid out in the July Monetary Policy Report; however, as the economy enters a “recuperation phase” the Bank is expecting a slower growth rate will continue through the fourth quarter of 2020 and the first quarter of 2021.

While oil prices remain below pre-pandemic levels, non-energy resource prices have, on average, more than recovered.

The Bank highlighted the recovery has been uneven across sectors, with lockdowns impacting low-income workers most severely. As such, government programs will continue to be an important part of supporting the economy.

Therefore the Bank is now expecting the 2% inflation target to not be achieved until 2023. This means borrowers can expect interest rates to remain low for at least the next three years.

As of October 28, 2020, the benchmark five-year lending rate was 4.79%. All mortgage applicants must qualify for financing based on an interest rate no less than the benchmark five-year lending rate, even if the mortgage is for less than five years.

Canada’s major chartered banks are currently advertising five-year fixed mortgage special interest rates of around 1.97%. Home buyers can often negotiate the interest rate for mortgage financing based on their creditworthiness and the degree to which they do other banking business with the mortgage lender.

The Bank of Canada’s next scheduled interest rate announcement will be on December 9, 2020, while the next update of the Bank’s Monetary Policy Report will be on January 20, 2021.

Source: CREA Cafe

TheCalgaryRealEstateTeam.com #askthecret

Nov. 10, 2020

Introducing... TheCRET.com Top 7's

The Calgary Real Estate Team introduces a new weekly blog; TheCRET.com Top 7. Everything Calgary. Everything Real Estate.

Keep an eye out for our weekly Top 7 blog! Follow us on LinkedIn, Facebook, Twitter and Instagram

 

 

Posted in TheCRET.com Top 7
Nov. 9, 2020

TheCRET.com's Top 7: Most Expensive Property in Calgary

November 2020

#Seven - 1028 Bel-Aire drive SW (Bel-Aire):

Starting the list at number 7. We have this stunning Moderno built home with 4100+ sqft of contemporary living space. Offering 5 bedrooms, 6 bathrooms and an abundance of natural light. This Bel-Aire masterpiece is listed at $4,199,000

bel-aire drive 7

 

#Six - 1104 Drury Avenue NE (Bridgeland):

Number 6 on the list is truly stunning with 5000 linear feet of LED strip lighting, I mean, just click the address and look for yourself. This home also offers 4000sqft of high end living space, 4 bedrooms, 5 bathrooms and a 5 car garage. Going up? The see thru glass elevator gives you access to all levels of this dream home, starting from your garage. Listed at $4,399,000

 

#Five - 1031 Durham Ave SW (Upper Mount Royal):

Located in Mount Royal is where you will find the 5th property on our list. The Max Bell House is rich in provenance and heritage. This 2 story 5000+sqft mansion has 5 bedrooms and 7 bathrooms. Acquire a piece of Calgary's Heritage at $4,495,000

 

#Four. 15 Pump Hill Close SW (Pump Hill):

Over in Pump Hill is where you will find number 4 on the list. We have this beautiful 5600+sqft, 5 level split. With 5 bedrooms and 6 bathrooms this home is listed at $5,488,000

 

#Three. 6 Aspen Ridge Lane SW (Aspen Woods)

At number 3 in Aspen Woods is where you will find this absolutely stunning 5 bedroom,7 bathroom, 5000+ sqft 2 story. listed for $6,595,000

 

#Two. 738 1st Avenue SW #1110 (Eau-Claire) The Concord 

With 2800+ sqft, this Concord Tower gem offers privacy with your own triple car garage connected to an elevator that takes you up to your condo. With 3 bedrooms and 4 bathrooms, this inner city masterpiece is number 2 on the list at $6,824,895

 

#One. 738 1Ave SW #1307 (Eau-Claire) The Concord

At #1 on our Calgary's Top priced listings, is this extremely luxurious Dream unit at the Concord Towers in Eau-Claire. Offering 2 bedrooms, 3 bathrooms and over 3500 sqft of living space. This Concord Condo gives you some of the best river/mountain and downtown views in Calgary. Listed for sale at $8,999,900 and includes a private elevator that goes from the indoor 4 car garage, directly to your suite. Truly one of a kind condo in Calgary. 

 

Written by Matt Mychajliv 

TheCalgaryRealEstateTeam.com 

matt@thecret.com

Posted in TheCRET.com Top 7
Nov. 6, 2020

Market Snapshot: October 2020

Market Snapshot

Nov. 5, 2020

Thinking of staying home during a viewing? Think again.

 

 

Here are 5 reasons why that's not a good idea.

 

1. Taking Time

Buyers like to take their time. When the seller is in the home, often a buyer will feel like they need to hurry and rush through the showing.

 

2. Privacy 

Buyers like privacy when looking over details. They like to open doors, windows, cupboards and it’s common they will test appliances. If the seller is home it makes it uncomfortable.

 

3. Chatter

Buyers like to ‘talk’ amongst themselves with their agent about the property. Sometimes picking the property apart and comparing different aspects of the home with other homes they have previously viewed.

 

4. Crossing paths

If the buyer and seller cross paths during the showing, There’s a chance amongst a casual conversation that one of the parties “shows their hand” unwillingly. An agent may ask the seller questions that could put the seller at a disadvantage if an offer is presented after the showing.

 

5. Nothing to worry about

The Real Estate agent showing the property is a licensed and insured professional who adheres to a code of conduct. They are responsible for the property during the showings and should always respect sellers wishes concerning security.

 

Written by Matt Mychajliv with 

TheCalgaryRealEstateTeam.com

matt@thecret.com