Homes For Sale In Calgary Alberta
Searching for houses for sale in Calgary usually starts here, on the web or with the help of a Realtor.
Calgary is a great real estate market to be in, be it as a buyer or seller. Unlike the our western neighbors in British Columbia sellers in Calgary if they price their homes correctly can expect a sale within a couple months. Homes on the coast priced well can sit for six or seven months with no action and finally the seller simply takes the property off the market hoping for conditions to improve. If you’re feeling the hint of the winter maybe it’s time to go check out the warm weather and warm water and visit www.hawaiirealestate.org/maui-real-estate.php
There is usually a fairly decent inventory of Calgary houses for sale but currently our Monthly Inventory is below average, sitting around 4.5 months as of Dec. 2012. For buyers you want to see a surplus of Calgary homes to chose from. This helps slow the market down and give buyers lots of options and lots of time to act. As housing inventory drops, selection decreases and so does the average DOM, days on market. Buyers have to be ready to strike when the right property is listed or have the unfortunate experience of seeing home after home get snapped up before they get a chance to put in an offer.
This is a very nice time to be a Calgary home owner as prices are beginning to rise above the 2007 highs set which should, from a technical perspective, should signal the beginning of a new upward leg of growth with the old highs now acting as support. Nationally real estate is still sluggish and Calgary is, as often is the case, is setting a faster pace given the strong underlying economics of the head office rich city.
If you are moving to Calgary you will likely sense that things are on the move within the Calgary real estate market and that there is a sense of urgency to buy sooner than later as prices keep climbing if inventory numbers stay low. Likely if prices to see more strength in the late winter early spring we should see home owners decide it is time to take advantage of the strong market and list their homes. This will in turn increase the available inventory and should, should, naturally put a damper on the seller’s market.
When searching for a new homes in Calgary there are different buying issues unique to new home sales that should be considered. Obviously the builder’s reputation and quality of previous projects stands as one of the most important factors. Different new home builders have different design aesthetics which may or may not appeal you regardless of reputation. No point in buying a new home if you don’t love it! But try to remain as dispassionate as possible when determining which builder buy from. Using a Realtor to aid in the purchase of a new home, like myself, can help you with the due diligence that is required when vetting new builders and help you from getting caught up emotionally in the new home your considering.
Using a Realtor to help guide you through the new home purchase process is advisable as the sales center sellers clearly have the builder’s best interests in mind, not yours and for a great site to keep up to date on current listings check out www.albertarealestategroup.com. There are always contractual considerations to be made in any real estate transaction and using a Realtor to help you is no cost to you. The builder pays the Realtor a commission, not the buyer.
When buying new homes in Calgary, before you approach a new builder, please contact me and let me help you find the best home and get the best deal.
If you’ve decided to look for houses for sale in Calgary SW you’ve decided to search in Calgary’s most sought after quadrants. Southwest Calgary has many new communities growing along the SW slope between Cougar Ridge and Springbank Hill.
Older communities like Glendale and Wildwood provide homes in well established neighborhoods with smaller homes but generally larger lots. Having lived in South West Calgary most of my life I’m biased towards this area but property values agree with me, SW is a great place to live and raise a family. Closer proximity to Canmore and Banff are pluses for the outdoor enthusiasts.
South West Calgary is my focus and my specialty. Whether you’re searching for houses for sale in Calgary SW or Condos I would love to help assist you find you next home.
For more Calgary housing statistics visit: http://www.creb.com/Seller_Resources/Housing_Statistics/