Nikki Harrison Real Estate Blog 
The Buyers are out in Calgary
Wednesday, February 10th, 2010 at 9:24am. 7 Views, 0 Comments.
Looking to Sell your Calgary Home?
NOW is the time. We are seeing that the inventory in some specific neighborhoods is very slim pickings. I have recently been in multiple offer situations in many of them. If you are considering selling in any of these Calgary neighborhoods, please call me soon!
- West Springs
- Discovery Ridge
- Midnapore
- Sundance
Give me a call or drop me an email any time to arrange for a sellers consultation.
Affordability Drives Calgary’s Housing Market
Monday, February 1st, 2010 at 7:49pm. 8 Views, 0 Comments.
With rising interest rates on the horizon buyers will
see 2010 as the year to take advantage of low mortgage rates
Calgary, February 1, 2010 – Affordability continues to drive a recovery in Calgary’s housing market according to figures released today by the Calgary Real Estate Board (CREB®).
The number of single family homes sold in January 2010 in the city of Calgary was up 39 per cent from the same time a year ago, while condominiums sales saw an increase of 67 per cent from the same time a year ago.
“Low mortgage rates and earlier price reductions have improved the affordability of home ownership for Calgarians,” says Diane Scott, newly elected president of CREB®. “For the time being average home prices are more in line with…
Canada's Economy has Turned the Corner
Monday, January 25th, 2010 at 7:01am. 7 Views, 0 Comments.
Courtesy RBC Econoscope - January 2010
Canada's economy showed signs of picking up pace in the final-quarter 2009. Anincrease in employment in the quarter spurred a rise in retail spending and helped the strong rally in the housing market. This increase in household activity reverberated throughout the economy with manufacturing and wholesale activity rising as well. We expect real GDP growth of 3.4% for the final-quarter 2009 and boosted our forecast for growth in the first half of 2010. We look for Canada's economy to grow at a trend-like 2.8% this year, accelerating further in 2011 with growth forecasted to average 3.9%. ...AND IS ENTERING 2010 ON FIRM FOOTING.
The sharp rebound in Canada's housing market and improved labour market conditions…
2010 Calgary Real Estate Market Ramping Up
Thursday, January 21st, 2010 at 7:42am. 9 Views, 0 Comments.
2009 was a pretty good year for real estate in Calgary, especially compared with 2008.
2010 however, is proving to be a great year. Interest rates are still low, but they will go up, and soon. Buyers are very interested in taking advantage of the last few weeks of these lower fixed rates and my pre-approvals are stacking up.
Locking into a 3.99% rate right now, and holding it for 4 months while you take the time out to look for the right property is crucial. When the bond markets start to see increases, the fixed rate market follows shortly there after.
The Bank of Canada has conditionally promised to keep the Key Overnight rate low until the end of the second quarter, but realistically they can change their mind at any time. Once the Prime rate…
Calgary Housing Market Turns for Better
Monday, January 11th, 2010 at 8:36am. 21 Views, 0 Comments.
November sales, prices dwarf year-ago levels
Mario Toneguzzi, Calgary Herald
But just two weeks into November, preliminary housing sale numbers indicate how dramatically the market has turned since then.
Sales in November of this year will eclipse those for November 2008. And at this pace, average sale prices will also be up from a year ago.
“It has a lot to do with the low mortgage rates,” said Nikki Harrison, a Realtor© with CIR Realty, adding that has stimulated buyers to purchase homes.
Last year at this time, the bad and uncertain economic news contributed to people sitting back and not moving, but now the overall outlook for consumers is more positive.
“We’re definitely optimistic that things are starting to change,” she said Friday at a home…
Selling Property in Calgary
Monday, January 11th, 2010 at 8:26am. 8 Views, 0 Comments.
Selling your Calgary Home – Welcome to the Future
What does this mean? It means that there is MUCH MORE to marketing your home than throwing it on MLS, doing up some fancy brochures and waiting for the buyers to come pouring in.
Things to consider:
Your home is a personal possession. In order to appeal to the masses, you have to DE-personalize your property. When you are marketing your home to potential buyers, you have a niche group of people that will be interested in the style, direction, amenities, neighborhood, etc. Let’s face it, not everyone will want your home. Chances are, the type of buyer you need to attract to obtain a sale, is going to want to see your home without clutter, personal items and staged in a way they can…