Tim J. Walsh
This is your best Alberta real estate resource. I also enjoy working with first time buyers as well as experienced movers – finding value that others may miss.
After many years in commercial real estate including leasing, sales and business brokerage, I now focus on assisting residential buyers and sellers with their personal real estate goals. I enjoy working with Sellers who want to optimize the selling process by achieving maximum market value in the shortest possible timeline. This is accomplished through a consultative approach to home preparation w
24/07/2024
Wheatland County has become a hub for regional economic development. The ancillary investments surrounding just these two projects could add hundreds of millions of dollars to the local economy in the next decade.
Alberta wallboard plant begins construction as investment gathers pace Collaboration underpins major projects as construction activities kick off
28/06/2024
30/05/2024
22/04/2024
01/04/2024
A Real Estate Market Not Seen Since 2006! March sales outpaced new listings in market that was already super tight. We now have less than one month's sales in total listing inventory. This has not occurred in March since 2006. this has resulted in double digit price increases. 😱
04/03/2024
Even with an increase in listings compared to 2023, the average price continues to rise due to strong demand. When interest rates start to drop, expect even higher increases.
13/02/2024
06/02/2024
Despite a15% increase in new listings vs. 2023, a strong month for sales has resulted in reduced supply (again). Calgary now has near historic lows of homes for sale. If you are considering a move, contact me to discuss your options.
03/01/2024
Calgary will continue to see home price increases in 2024. If average incomes do not keep pace, the rate of increase will slow as affordability declines.
Calgary set to see strongest price gains in Canada next year, as city continues to buck the national trend - Royal LePage Blog | Canadian real estate news All nine of Canada’s major real estate markets are projected to see an increase in home prices next year, but one city is expected…
22/12/2023
Merry Christmas to all! Be safe. Be healthy. Be happy.
24/11/2023
Have you unintentionally created a bare trust? You may have if you have co-signed for a child's mortgage or added your child to title for your principal residence for estate planning purposes. There are new reporting requirements for bare trusts and the penalty for not complying can reach $2,500. Read more about these requirements at my blog: https://lnkd.in/gjsdhuxT
14/11/2023
JUST LISTED. MLS . Commercial unit for lease. I-G zoning. 4,669 SF in total includes 1,150 SF of warehouse. North Airways Industrial. $12.50 / SF/ year. Flexible office build out.
07/11/2023
Sales and listings have been improving over the last several months, but Y/Y numbers are still lagging behind 2022 due to a slow start when interest rates began to rise.
12/10/2023
Calgary is the outlier when compared to real estate prices across the country. While price increases have slowed, or rolled back across the country, Calgary continues to see price increases and a lack of inventory. Home builders cannot meet the increased demand created by in-migration which puts more pressure on an already tight resale market. See more details under 'Regional Reports' in the Royal LePage Market Update.
Royal LePage trims year-end price forecast after sluggish third quarter - Royal LePage Blog | Canadian real estate news While many Canadians have adjusted to the increased cost of borrowing, elevated interest rates continue to impact activity in markets across the country, keeping…
04/10/2023
Reduced inventory, increasing sales and higher prices are becoming the norm. Row townhouses have become the category most in demand. PM me for more details.
31/08/2023
Congratulations to my client. Legacy Estates is a great building with many amenities with reasonable condo fees.
09/08/2023
Congrats to my client on the sale of their revenue property. On to another listing!
04/08/2023
Second floor retail location for lease on 17th Ave SW in Killarney. Great location for medical, dental use, dance, martial arts, yoga or more. 4,000 SF, can be demised.
04/08/2023
Hot days in July! The Benchmark price for homes has reached an all-time high despite rising interest rates. The biggest challenge for the Calgary real estate market remains a lack of supply.
30/06/2023
When residential tenants are experiencing double digit increases, it makes sense to control your own living space by becoming a home owner. You may have to move out of your current community and accept a smaller space, but it will protect you from rent inflation. These properties sell very quickly, so get a REALTOR on your side.
Comment: Prairie cities offer thousands of homes priced under $200,000 Affordable housing is not an illusion in Saskatchewan, Manitoba or Alberta
06/06/2023
Calgary's robust economic opportunities have become a magnet for individuals from around the globe and other provinces, drawn to the city in pursuit of their aspirations.
Consequently, Calgary anticipates a population growth to over 1.4 million within the next five years. Discover the impact of this expansion on your housing aspirations and learn more by delving into the insights!
https://www.cbc.ca/news/canada/calgary/calgary-newcomers-programs-demand-population-projection-1.6816845
04/06/2023
Inflation has a significant impact on the real estate industry.
When interest rates are low, buying homes can be more affordable and increase the demand for homes. If the supply of homes remains constant and the demand increases, then the prices of homes will increase. In large cities where land availability is often limited, you can see a more pronounced effect of inflation.
As inflation fluctuates, homebuyers need to establish a suitable financial plan to achieve their real estate goals, as well as working with a good realtor who could help them find the home suitable for their budget. If you are ready to find your dream home, reach out to me for my personal assistance!
01/06/2023
Ready to create your dream home? I'm here here to help you make it happen!
Contact me now to discover how my expertise can help you find the ideal home that perfectly aligns with your vision of happiness.
Tim Walsh
[email protected]
bestalbertarealestate.com
403-479-8863
Royal LePage Benchmark
30/05/2023
Calgary is known to be Western Canada's distribution hub, thanks to its growing population, competitive tax structure and strong energy sector.
The distribution industry in Calgary makes significant impacts on the city's industrial sector. As the need for warehousing and distribution increases, the real estate market is seeing new investment opportunities, and hence raise the property values.
In order to satisfy the demands of businesses, developers and investors are profiting on this trend by building cutting-edge distribution facilities. Additionally, the expansion of the distribution sector is boosting employment and stimulating the local economy.
28/05/2023
With the rapid expansion of charging infrastructure, industrial real estate has the potential to become a major player. Discover in the report below how real estate investors and landlords can leverage this trend to enhance the sustainability of their portfolios.
https://www.jll.ca/en/trends-and-insights/investor/how-real-estate-is-preparing-for-electric-cars
25/05/2023
Brace yourselves for potential changes in the housing market as the Bank of Canada gears up to increase interest rates. Stay tuned to find out how this decision might impact homebuyers, sellers, and the overall real estate landscape!
https://financialpost.com/news/economy/bank-of-canada-hike-rates-inflation-stuck-2
23/05/2023
Whether it is a cozy home or a spacious condo, I am here to guide you on your journey to finding the perfect home that fulfills your family's needs and aspirations.
Let's make your dream of a happy and fulfilling family life a reality.
21/05/2023
In 2022, Calgary, the province's largest city, had a population of 1.4 million, showing its vibrant metropolitan environment.
The city's growing trend is promising for its employment prospects, as seen by a spectacular 3.08% gain in population last year and a 9.38% increase over the previous five years. The vibrant work market in Calgary is full with exciting options.
https://regionaldashboard.alberta.ca/region/calgary/population/ #/?from=2018&to=2022
18/05/2023
The purchasing power of Calgarians has been hurt by the recent increase in interest rates, leading some to look into renting possibilities.
This motive, along with lack of supply for rental properties, have increased Calgary's average rent to $1,862 by May 2023.
Is Calgary following Ontario's footsteps in increasing rent and house prices?
https://www.bnnbloomberg.ca/how-are-you-going-to-compete-canadians-grapple-with-tight-housing-market-1.1895876
16/05/2023
Insights on commercial real estate loans in Canada! According to Bay Street analyst, office real estate exposure could make Canadian banks re-evaluate their investment in such industry.
What do you think the banks should decide?
https://calgaryherald.com/fp-finance/banking/canadian-bank-earnings-risk-office-real-estate-exposure/wcm/7d0a6d3a-ca60-46d6-9325-43fdf53a08cf
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