Simply Calgary Real Estate

🚨 New Opportunity for Buyers & Investors! 🚨

Are you looking for great deals on properties? 💰 Check out our Foreclosure Property List! 🏡 These homes are available at attractive prices, and this is your chance to find a fantastic investment opportunity or a new place to call home.

Sherwood Heights NW
https://simplycalgaryrealestate.com/recip.html/listing.a2170360-86-sherview-heights-nw-calgary-t3r-0y8.103015176

Riverfront Ave SW
https://simplycalgaryrealestate.com/recip.html/listing.a2169219-812-205-riverfront-avenue-sw-calgary-t2p-5k4.103032880

Bridgeland - Inner City
https://simplycalgaryrealestate.com/recip.html/listing.a2171077-2-834-mcpherson-road-ne-calgary-t2e-4z5.103046376

✨ Why Consider Foreclosed Properties?

💸 Potential for lower prices compared to market value.
🔄 Great for renovation projects or rental income.
🔑 Fast-tracked sales process.
Don't wait—these properties move quickly! Send me a message 📲 or comment below 👇 if you'd like to receive the full list or have any questions about buying a foreclosed home.

Let’s turn these opportunities into your next big win! 🏠💼

2 834 McPherson Road NE in Calgary: Bridgeland/Riverside Row/Townhouse for sale : MLS®# A2171077 Bridgeland/Riverside Row/Townhouse for sale: OUTSTANDING inner city townhouse located in the HEART of BRIDGELAND. Just 5 minutes from downtown + walking distance to shopping, restaurants, parks & transit. Featuring 2 bedrooms + 2/2 baths, 9 foot c...

State of the Calgary Market Oct 1st, 2024

New listing growth driven by higher-priced homes
Calgary, Alberta, October 1, 2024 – Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 percent below last year's record high. Despite the decline, sales this month were still over 16 percent higher than levels traditionally achieved in September.

“We are starting to see a rise in new listings in our market. However, most of the listing growth is occurring in the higher price ranges,” said Ann-Marie Lurie, Chief Economist at CREB®. “While demand has stayed strong across all price ranges, the limited choice for lower-priced homes has likely prevented stronger sales in our market. While the challenges in the lower price ranges are not expected to change, improved supply combined with lower lending rates should keep demand strong throughout the fall, but without the extreme seller market conditions that contributed to the rapid price growth earlier this year.”

New listings in September rose to 3,687 units, the highest September total since 2008. This rise in new listings compared to sales did support some inventory growth. September inventory levels pushed up to 5,064 units, nearly double the exceptionally low levels reported in the spring, but remain below the 6,000 units we typically see in September.

https://www.creb.com/News/Media_Releases/2024/October/New_listing_growth_driven_by_higher-priced_homes/
Improving inventory levels compared to sales is continuing to shift our market toward more balanced conditions. In September, the months of supply reached 2.5 months. While this is a gain over last year’s record low, conditions are still tilted in favour of the seller.

Additional supply in the market has taken some of the pressure off home prices over the past few months, following stronger-than-expected gains throughout the spring. In September, the unadjusted benchmark price was $596,900, slightly lower than last month but over five per cent higher than last year’s levels. Year-over-year gains ranged from nearly nine per cent growth for detached homes to nearly 14 per cent gains in the apartment condominium market. The gains for each property type outpaced the growth in total residential prices, mostly due to the shifting composition of sales.

CREB® | New listing growth driven by higher-priced homes Calgary, Alberta, October 1, 2024 – Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent high...

Southwood-Buyers Repped

🎉 Congratulations to my amazing clients! 🎉

Navigating the Calgary real estate market can be challenging, but you did everything right and found a property that checks all the boxes. I'm honoured to have been a part of your journey. Watching you make this property your home is exciting. I can't wait to see it when it's done! Cheers to new beginnings and many happy memories ahead! 🏡✨