
1. Interest rates are still low
5 year fixed mortgages 3.69 % Variable 2.3 %
Source: George MacDonald Mortgage Broker
2. Lots of selection in the market. There are lots of listings for houses and plenty of choices for condos.
3. Most listing prices fairly reflect the market price – fair priced listings.
At this time, we recommend to hold if you don’t have to sell.
If you do need to sell, try to buy in the same market: Selling low and buying low may create the same equity over time.
Advice: Adjust pricing to sell quickly.
One step at a time in real estate. Trust the process it will work.
If your house is not attracting any buyers, don’t be quick to blame the realtor. Be objective about all the factors that are part of the picture.
Just a reminder: Why use a Realtor? There are many benefits of using a licensed realtor, the first being all must adhere to the Code of Ethics and Standards of Business Practice of the Canadian Real Estate Association. Check the ‘why use a Realtor’ section CREB.com
Average House price - Calgary & district November 2010 399,000
And many more...Contact us today with topics you like to hear about. We are here to support you in any way we can with your real estates needs. Call 403 819 1399 for a no obligation consultation.
