Calgary Real Estate Market Update ~ July 27, 2010

Jared Chamberlain a Calgary Realtor® video blogs about the current real estate market in Calgary Alberta. He talks about the numbers of July 2010 compared to last year and how the market is different. He suggests that if you are a Seller in the Calgary Real Estate market to make sure you focus on pricing and preparation. If you are a buyer in this market, then there are some good deals and potentially a few motivated sellers that are needing to sell their property. Please comment and share your thoughts below or email Jared at jared@tcgroup.ca.

Why I Was Hibernating PLUS New $1000 Contest

Jared Chamberlain video blogs about why he has been hibernating over the past two weeks. As well, he talks about a brand new facebook photo contest that The Chamberlain Group will be launching and giving away $1000! Check out The Chamberlain Group on Facebook for more info.

Signing & Creating Documents on iPad

Jared Chamberlain, a Realtor® in Calgary talks about how he uses the iPad from Apple to sign and create real estate listing and purchase contracts. This way of creating and using the iPad to sign documents can be used for any industry that needs this type of technology. If you don’t care for what Jared has to say or if you would like to leave a comment, please do so below or email him at Jared@tcgroup.ca

Are You A Stalker?

Jared Chamberlain Video Blogs about how you may be a stalker. A Home Stalker that is. Do you find yourself driving by and ’stalking’ your new home after you’ve purchased it? It’s OK to admit it! If you would like to leave your comments or thoughts, please do so below or email Jared at Jared@tcgroup.ca.

June 2010 Calgary Real Estate Market Update

Jared Chamberlain, a Calgary Realtor®, video blogs about the current market conditions in Calgary and his reasons why the values have increased slightly in single family homes and more in condos and why the number of sales have decreased from last month. If you don’t care for Jared’s thoughts or would like to leave a comment please do so below or email Jared at Jared@tcgroup.ca

Using a HELOC for Investments

Jared Chamberlain Video Blogs about using a HELOC (Home Equity Line of Credit) from your home to invest with.  You will want to ensure that you keep your Lines of Credit separate from each other as you may not be able to write off the interest payments if you mix the usage of the LOC’s.  As well, don’t use your HELOC for any investments.  This is not free money for you to put into crazy risky investments. It has happened to too many people where they bet it all (majority or all of their equity)… and then loose it ‘all’ from a supposed excellent investment that didn’t cash out.  Please consult an expert in the field of your investment or someone you trust that is a sophisticated investor. If you would like to leave a comment or don’t agree with what Jared is saying please leave a comment below or email Jared at jared@tcgroup.ca.

The Winnings of A Monkey Hunter

Jared Chamberlain brings you along as he calls the Monkey Hunter winner and hand delivers the goods… Thank you for all joining in the fun in the Monkey Hunt and stay tuned to see more of this Monkey in the future!

For any future comments or feedback on our new website please comment here…

May 2010 Calgary Real Estate Market Update – What Happened?

If you have been watching the real estate market in Calgary, you would have noticed that the market has changed very quickly…

What has caused this?

Well, back in March the listing count in Calgary was approx 4,400, now it’s at apx. 8100 an 84% increase in properties listed on the MLS.  This is a huge increase in a short amount of time… why?

As you have probably heard, the media has been talking about the ramifications of interest rates increasing, “if interest rates go up it will be more expensive to own a house, if buyers can’t afford to buy houses, houses won’t sell and as a result prices will drop.”  They have been talking about this ALOT!

Now if you were thinking of selling your home and you were hearing the same story, you probably are thinking to yourself “I better get my property on the market before prices start dropping”… hence the big increase in listings in such a short period.

So what happens from here? Perception becomes reality, the buyers see a high volume of properties coming on the market and now they see no sense of urgency and they’re waiting to see if prices will adjust down as they have heard they might.

Eventually the media will tire of this story and buyers who have to buy to get moved in before September will come back into the market, in the mean time buyers are taking their time and only moving on properties that show the best and are listed very close to the selling price, like 1% of the potential sale price.

What are prices going to do? Any increase has already happened at the tale end of last year, this year at best is balanced although I feel there has been at least 1% to 2.5% shaved off the prices in the last few weeks.

We will have to wait until 2011 to truly see what happens, any increase in price will depend on housing starts and builders inventory and the over all economy mixed with a whole lot of perception.

These are just our thoughts…

Are You MLS Obsessed?

Jared Chamberlain video blogs about ways you can tell if you are “MLS Obsessed”. If you have any of these ’symptoms’ there is a good chance that your “MLS Obsessed”. So you need to check out our new MLS Search Engine for yourself…

http://www.ChamberlainGroup.ca

http://www.TheCalgaryRealEstateBlog.com

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