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Kevin O'Leary's Commentary on the Calgary Real Estate Market.

January 29th, 2015
Kevin O'Leary, Best known from TV's Dragon's Den, Sharktank, Lang & O'Leary Exchange, and The O'Leary Fund.  etc...Kevin's Overall net worth is pegged around $400 Million.  Kevin recently was in Calgary as the keynote speaker to Calgary's Realtors at the CREB Forecast Breakfast.


Amongst a few other topics including Interest Rates, projections, and What is his take on the Calgary Real Estate Ma ...

Good Learnin' this morning with Repree

March 13th, 2014
This morning the very Tech Savvy Brent Lauinger, from RE/MAX First gave a number of Hi-Powered Realtors in our office some Great Insight in becoming paperless, and streamlining the paperwork process. with help from their on-line system REPREE, the best $20/mo. That any realtor will ever spend. it allows you to create an online signature/email based experience, for your buyer or seller, that q ...

The world of technology. Imagine a world where...

March 5th, 2014
Remember a few years back in real estate when everyone was running around getting documents signed at 1 am, and midnight to finalize a contract on the hood of a car in Riverbend, I do. The good news is that technology is here with a few options, with iPads, docusign and the like to be able to send a contract to Victoria BC or anywhere in the world, and have it back in your hands within minute ...

Calgary's population saw 55,000 people move here in the last 12

February 27th, 2014
So apparently Calgarians started to share our city with 55,000 more peoplein the last year.  Crazy.  At more than 1000 people moving here every week it starts to explain why the deerfoot has felt busier. Total popluation now 1.36M people. go figure, it certainly explains our crazy rental market, and short supply in the real estate sector...job creation numbers outperform everyone else signifi ...

Is this the right garage?

February 26th, 2014
Ran into an interesting scenario recently, where the selling realtor, even asking a series of questions about the actual location of the garage, was simply 'too busy' to really spend the time leaving a trail of breadcrumbs ,or a piece of tape or some form of markation of which garage belonged to the unit my buyer was potentially purchasing.  Simple enough, but in this situation the garages, i ...

how do i compete in a competitive msrket

February 24th, 2014
A question I get from buyers lately is about whether we should buy in an active market, or is it better to wait? And the answer is quite simple. There are a few factors when buying a home, Firstly our mortgage rates are the lowest they've been in 50 yesrs, so theres that.  It's clear, rates will go up in Canada in the next year or two, for sure. Secondly, if you can find a house or condo that ...

What is a Sellers market in Calgary

February 22nd, 2014
A few things thrown around in the media is the term 'sellers market'.  What does this really entail. Back in 2006/2007 this meant that yes, we were seeing properties get 15 and 20 offers under 400k and properties were selling for 20 and 30k above list price.  Usually because sellers were intentionally listing the property sub market value.  A sellers market means a few different things, yes t ...

Back to school for many people...does that mean back to normalcy?

September 3rd, 2013
In Calgary this summer many of our real estate patterns, post Flood, stampede, and summer vacation were affected for sure...buyers in certain segments were very active ( under 500k) while many premium buyers above 900k quite simply either Left the city for summer vacation, or tookearly vacation time. When you break down segments by price point and area what sellers were experiencing in one ne ...

Whats up with Calgarys Market?

August 12th, 2013
Always Changing...quite simplygoes like this...Under 400k, super active and tough for buyers to find anything! 400-600k usy, not crazy, and 900k-1.5M in Calgarys Luxury Market, it is Very slow in general...Many ofour Upper end buyers are simply either on vacation still for the next few weeks, or more selective. still only about 4200 listings on the market. With many of our buyers waiting for ...

Calgary Stampede has come and gone another year

July 15th, 2013
One of the Funny things about the Calgary Stampede, is that from a Business perspective, much of Day to Day operations in Downtown Business is always put aside for many of the Cowboy party type activities. This year was of course a bit different in many respects as We had 2 weeks of FLOOD activity in the Downtown core, followed by the massive undertaking of clean-up, which is still on going i ...
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