Airdrie August Stats for 2022
Posted by Billy Peshke on
Wondering how the real estate market is doing lately? Here are the August 2022 Monthly Statistics.
Give us a call or message if would like more info. 403-681-0319
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Wondering how the real estate market is doing lately? Here are the August 2022 Monthly Statistics.
Give us a call or message if would like more info. 403-681-0319
129 Views, 0 Comments
City of Calgary, September 1, 2022 – August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month.
While sales have remained relatively strong, there continues to be a shift towards more affordable options as the year-over-year pullback in detached sales was nearly matched by gains for multi-family product types.
“While higher lending rates have slowed activity in the detached market, we are still seeing homebuyers shift to more affordable options which is keeping sales activity relatively strong,” said CREB® Chief Economist Ann-Marie Lurie. “This makes Calgary different than some of the larger cities in the country which have recorded significant pullbacks in sales.”
At the same time, new…
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Moving to a new home and new school can be upsetting for some children. Helping them to prepare for the move will make the adjustment less stressful.
· Get them excited about moving. Show them pictures of their new room, and give them ideas of where things can go. If you are painting, let them help choose the colour, and give them some freedom to decorate.
· Be prepared that the first night sleeping in a new place might end up becoming a sleepless night. Reassure your child that it takes time to get used to a new home.
· Take a tour of the school. Helping them to become familiar with what the school looks like and how to get to their classroom, the lunch room, etc., will ease any stress they might have the first day they attend.
· Encourage…
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Imagine you’re shopping for a used iPhone 11 that’s in good condition. You visit a resale website and discover that most are selling for approximately $350. Would you be willing to pay $400? Probably not. The market value is obviously well-established. There would be no reason to pay more.
Pricing your home for sale is similar. Your home has a market value and, if you were to list it, buyers would expect to pay close to that amount. If you price it too high, many buyers won’t even bother to see it. If you price it too low, you’ll leave money on the table.
Many factors come into play when calculating that market value – neighbourhood, street characteristics, special features, upgrades, condition, etc. However, the most important factor is…
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Imagine you’re shopping for a car. You find one that’s a suitable model, a recent year, and hasn’t been driven a lot. The price is right, too. But, there’s a caveat. The paint is worn off in several places. The driver’s seat upholstery is torn and requires repair. And, the tires needed to be replaced… a long time ago. Would you still buy it?
You might. However, unless you enjoy fixing up cars, you’d probably hesitate to make the purchase. After all, in addition to seeing the car itself, you’re noticing the work that needs to be done to fix it. The same holds true when selling your home.
The more “move-in” ready you make the property the more likely buyers are to become interested in buying it. Like when viewing a car, you want buyers to focus on…
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