Stephanie Benoit - CIR Realty
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Canadian Housing Market Continues to Decline, Calgary Defies Trend
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Canadian Housing Market Continues to Decline, Calgary Defies Trend The Canadian housing market has been declining for five months, with home prices dropping by 1.7% in November, leading to a yearly gain of just 0.9%. This trend is seen across various regions, except Calgary where prices are rising. The Bank of Canada's increased interest rates have worsened the aff...
Switched careers? No worries! π While most mortgage lenders look for a stable two-year work history, there are ways to navigate this if you've recently changed jobs. It's all about showing your employment journey and steady income. A lender can walk you through this process, ensuring your career move doesn't hinder your homebuying dreams. Embrace change and keep moving forward.
New Year, New Goals! π
Are you stepping up your fitness game, tweaking your diet, or plotting your next adventure? Share your resolutions, and let's support each other in making them happen!
Calgary: A Hidden Gem of Affordable Living
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Calgary: A Hidden Gem of Affordable Living Calgary offers affordable housing prices that are nearly half of what you would find in Toronto and Vancouver. The city has a balanced real estate market with a healthy supply of homes, contributing to its affordability. Calgary's economy has diversified, reducing its dependence on the energy sector...
Winter Solstice in Whitehorse with π
You'll need around $16,000 more than the average household income to qualify for a mortgage in Calgary
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You'll need around $16,000 more than the average household income to qualify for a mortgage in Calgary The income required to qualify for a mortgage in Calgary has increased significantly compared to last year. According to the Canadian Real Estate Association, an income of $115,962 is now needed with a 20% down payment. Factors such as population growth and a lack of housing contribute to this trend...
Calgary Sees 17% Surage in Sales
The Growing Demand for Condominiums in Calgary
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The Growing Demand for Condominiums in Calgary In October 2023, Calgary is seeing a 22% increase in condominium sales compared to the previous year due to the variety of condos in the $300,000 range, an influx of first-time buyers and investors, and high rent prices. This surge in condominium sales has also had an effect on the sales of single-f...
Calgary Rents Flat, Edmonton Rents Rise Slightly in Late-Q3
Calgary Real Estate Board reports 17% increase in home sales for October - Calgary
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Calgary Real Estate Board reports 17% increase in home sales for October - Calgary In October 2023, the Calgary Real Estate Board reported 2,171 home sales, a 17% increase from the same month the year before, along with 2,684 new listings, the most since 2015. However, inventory levels remained low, pushing the unadjusted residential benchmark price up to $571,600, 10% higher than...
What You Need to Know About Moving to Calgary from Another Province
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What You Need to Know About Moving to Calgary from Another Province Moving to a new province, such as Calgary, can be a life-changing experience. It is important to be prepared by understanding the legalities, healthcare, and other logistical hurdles that come with relocating. To ensure a smooth transition, it is important to find a reliable moving company, understa...
Christmas fun at CIR Realty today ππ
Navigating the home-selling journey? π‘
Here's a glimpse of the journey ahead: pricing, marketing, negotiating, and more. Sounds overwhelming, right?
Not when you have a seasoned expert guiding you every step of the way. With a deep understanding of the local market and a knack for the details, a great agent ensures you maximize the potential of your home sale.
Considering a move? Reach out, and let's chat about making your selling journey seamless and profitable.
Red-Hot Market for Condo Sales in Calgary
In Memory of Our Heroes
Take time tomorrow.
Time for a few home tips to make your life easier!
1) Rotate your mattress: This often gets overlooked, but now is the perfect time of year to rotate your mattress!
2) Cook and stock up your freezer: Knowing that you have homemade soup, stew, chili, or casseroles in the freezer makes facing weeknight dinners much less stressful.
3) Organize your bookshelves: Creating a reading area can really help if you're having a night in. Fun tip: Try arranging your books by color!
4) Refresh your movie-watching area: Consider getting a projector for a fun night with the kids (or significant other). They are inexpensive, and you can project the screen onto a wall or inside a giant fort you built.
5) Check bathrooms for mold: It can be hard to give bathrooms enough ventilation when the house is closed up tight, especially if it's wintertime and you have the heat running. Give the bathroom a thorough cleaning, paying particular attention to the grout, the ceiling, and other areas showing signs of excess moisture.
6) Flowers: Get fresh flowers for the home to bring a little life into a dark day. Plus, you deserve flowers!
Have you tried these tips? Comment below which ones have made your life easier!
Calgary's Housing Future: Council Debates Zoning Reform
Here's how much you now need to make to afford a home in Calgary
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Here's how much you now need to make to afford a home in Calgary A report from Ratehub.ca shows that the average income required to buy a home in Calgary increased from $119,500 to $121,850 in August 2023 due to higher mortgage rates, stress test rates and real estate prices. The average home price for Calgary also increased by $2,500. Despite the decrease in ave...
New Challenges for Affordable Housing in Calgary
Happy Halloween
Worker shortage in Calgary construction industry threatens delays, price increases
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Worker shortage in Calgary construction industry threatens delays, price increases Calgary is facing a housing crisis, and with an ongoing and severe skilled-labour shortage, combined with increased development pressure, it could lead to construction delays and home-price increases. According to industry experts, there are already thousands of vacant construction jobs in the city....
Calgary home sales hit record as buyers flee pricier markets: CREB economist
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Calgary home sales hit record as buyers flee pricier markets: CREB economist In September, Calgary's real estate market hit a record high, with the Calgary Real Estate Board reporting 2,441 homes sold. The increase in sales is largely attributed to interprovincial migration, as buyers search for relief from higher priced housing markets. The benchmark price for a Calgary hom...
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1 in 5 Calgary Households Couldn't Afford Costs
The City Of Calgary Takes On The Housing Crisis - Real Estate - Canada
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The City Of Calgary Takes On The Housing Crisis - Real Estate - Canada In response to what the City of Calgary has deemed to be a housing crisis, the City Council approved the City of Calgary's Housing Strategy. This strategy sets out 5 outcomes to increase, measure and manage housing and affordability across the housing continuum, and proposes a number of actions to b...
Calgary home sales jump 29% in September, condominium sales reach new highs
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Calgary home sales jump 29% in September, condominium sales reach new highs The Calgary Real Estate Board reported record home sales in September with 2,441 sales, a 29% increase from the same month last year. This figure was accompanied by an unadjusted residential benchmark price of $570,300, which was nearly 9% higher than September 2022. Inventory levels in September we...
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once upon a time I made music, now I just make my ideas come to life.
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