The Calgary REALTORS® at Renzo Real Estate are here to guide you through the Calgary real estate market, news, and trends. This month, the REALTORs® are looking at the real estate trends from May 2019 and it has been an interesting few months to say the least. The spring real estate market is producing positive signs in Calgary and area and there has been two months of relatively positive news. Last month sales increased and new listings decreased. This has lead to a 12% decrease in inventory compared to this time last year, but is this affecting real estate prices in Calgary?
In real estate, several factors can impact the value of a Calgary property. Some of these factors are visible (patent), and some are not visible, but equally important (latent). Radon gas is a colourless, odorless, tasteless gas that is the product of uranium decay. Uranium occurs naturally in the soil and rock formations. Radon seeps up through the ground and finds its way into many Calgary and area homes. Alberta has some of the highest levels of radon in the country.
The Calgary real estate market has sustained and lengthy setback over the past 4 years. Although Calgary is no stranger to real estate cycles, the most recent downturn is not responding like previous downturns in Calgary. If you look at previous downturns in Calgary, prices and sales have fallen quickly and rebounded quickly. For example, in 2008 prices fell quickly but by mid 2009, prices were pack on the upswing. Calgary’s current real estate market downturn has been a gradual blow over the course of 4 years with further drops anticipated for 2019.
Quickly explore Calgary communities and MLS Map of the areas and neighbourhoods. Learn from a Calgary REALTOR® about the average home prices in the communities and download a PDF map.
The REALTORS® at Renzo Real Estate, a Calgary real estate brokerage and team brings you the real estate market info, news, trends and predictions for December 2018.
In November 2018, new listings slowed across most sectors, however, the decrease in the home sales was more pronounced. This lead to continued rising inventory in the detached and attached sector. For condos, inventory came down slightly when comparing to this time last year, but prices have continued to fall.
Learn more about the Calgary real estate market and about selling in the winter months.
The Calgary REALTORS® at Renzo Real Estate would like to thank everyone who attended Photos with Santa. The photos have been returned and they look stunning. Everyone had a great time and we wish you happy holidays! Download your photos today.
Finding a Top Calgary REALTOR® is a time consuming task. Going through a REALTOR® directory and searching the most recent reviews are great ways to get started. In this how-to guide, you will learn a step-by-step way find the best agent and real estate company to help you through the buying or selling process. Learn a number of questions you should ask your REALTOR® and learn more about commissions and fees.
Calgary real estate has a new player in town. Homes for sale in Calgary will now be posted on Zillow. You will be able to search homes and condo listings by those cooperating real estate brokerages. Learn more about Zillow in Calgary Today
Calgary real estate and housing market for November 2018. Brought to you by REALTORS® at Renzo Real Estate (Brokerage) in Calgary, Alberta.
Moving into November is always an interesting month in Calgary real estate as we are beginning to move out of the fall months and into the winter months. It is a transition month where we can see some natural shifts in buying patterns. From a market standpoint, it is common to see persistent sales in the fall as buyers work to lock down a property before the snowy season. Once we move into the winter months, sales usually drop off, as do listings.
Calgary real estate and housing market for October 2018. Brought to you by REALTORS® at Renzo Real Estate (Brokerage) in Calgary, Alberta.
The Calgary housing market continues to see a decrease in sales and an increase in inventory levels with some notable changes in the detached market, apartment sector, and semi detached market. Learn more about setting yourself up for success with buying or selling real estate in Calgary.
RENZO Real Estate Team
Calgary and area top realtors® and Brokerage
Renzo Real Estate is a team of Calgary's best real estate agents. They meet you at the intersection of innovation and real estate with revolutionary solutions for those who believe in elevating the real estate experience.
Renzo Real Estate is a forward thinking team and full brokerage based in Calgary, Alberta. We are here to guide you through the buying and selling process with bold sales acumen, intelligent technology, and fresh marketing.