A Bumpy Road to Recovery March 2018

Posted by Nancy Ball on Tuesday, March 6th, 2018 at 8:43am.

Hi Everyone,

Are we done with winter yet? 

Calgary real estate can be affected even by weather as sales are down 18% from last year giving buyers the advantage. The good news is with the right marketing plan any home can sell. Want a free home evaluation? No obligation; providing value is what matters to me. Click here to find out what your home is worth.

Need help with organization or designing a room? I can help. Click here to get started.

If you know of someone buying or selling, let me know if I can help. 

P.S. Don't forget to enter the latest CIR contest to win a full cleaning of your home!
Enter now!

Hope to talk to you soon!

-Nancy

A Bumpy Road to Recovery

City of Calgary, March 1, 2018 – Residential home sales declined in February, but a decline in new listings helped keep prices steady this month. Sales totaled 1,094 units in February, 18 per cent below last year's activity. Easing sales occurred across all property types this month, which outpaced the sales growth that occurred in January. After the first two months of the year, sales activity remains well below longerterm averages.

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The Latest in Mortgage News – After the Stress Test

The fallout from OSFI's new mortgage stress test continues to play out across the mortgage industry.
Some mortgage brokers are reporting an increase in their clients' applications being rejected by the big banks and monoline lenders as a result of the new qualification rules. In some cases, the rejection rate has jumped 20%.

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 15 Things in Your Home That Can Cause Cancer

Your favorite sofa could be killing you, and not just because it lures you away from activity: Many sofas, mattresses, and other cushioned furniture are treated with TDCIPP, a flame retardant known to cause cancer (i.e., a carcinogen). TDCIPP was used so frequently prior to 2013 that a study out of Duke University found it in the blood of everyone they tested. It's also one of ten chemicals most frequently found in household dust, according to this study.

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20 Things You Should Deep Clean This Spring

When the weather starts to warm up, it's a sign to bust open your windows - and your cleaning supplies cabinet. Yes, it's already that time of year again. Don't know where to start? use this list, which includes all the spots you've likely neglected for the past year and how to tackle them like a pro.

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2018 Home Trends to Guide Your Staging

Before you're able to successfully stage a home for sale, you need to understand your target audience, and the kinds of things they're looking for in a home. Home buyers today are much more savvy than previous generations; they know what they want, and they're willing to wait to get it.

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How to Protect Your Home from Melting Snow

Water damage is a top concern for homeowners. In fact, it's public enemy #1 when it comes to the health of your house. Data shows that, in one recent year, water damage accounted for 51% of all property claims in Canada. We've also seen an 84% increase in the cost of water damage in BC in just ten years. In Canada, the late winter marks an especially troubling time. Snowmelt is coming.

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27 Signs You're A Bit Of A Hoarder

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ASK NANCY

Send me your questions about home décor, staging, mortgage or real estate and I will post the answer on my next newsletter

When buying a home, what costs should I expect?

Condominium Document Review Company - If you are purchasing a condo, I highly recommend a condo document review company to advise you on the pros and cons of the condo complex. Cost is around $300 – $500 depending who you hire. I have a list of condo document review companies if needed.

Home inspection – Highly recommended when purchasing a home to have a professional home inspection. Cost is around $400 – $800 depending on the size of the home. I have a list of qualified and certified inspectors if needed.

Lawyer costs – These costs vary based on your purchase amount but expect to pay between $800 – $1500 which includes title transfer taxes. I have a list of lawyers who specialize in real estate law if needed.

Moving costs – hiring a moving company to help on moving day is a great way to help alleviate some of the stress. I've seen quotes closer to $125/hour, minimum 4 hours. I have a list of movers if needed.

Cleaning costs – Sometimes everyone's definition of clean is different . The best way to get a fresh start prior to moving in is hiring a professional cleaner. I've seen $25-30 per hour and I have a list of cleaners if needed.

Downloads

CIR Real Estate Review March 2018
Full March 2018 newsletter

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