Jerry Charlton

  • Sellers Market – Jan 2023

    Sellers Market – Jan 2023

    Low resale inventory in all Calgary home types combined with steady property sales has created a home seller’s market as of January 25, 2023. Calgary Home Sellers are in control when the resale inventory of homes drops below a few months’ supply. The Supply & Demand chart below has a lot of information on the […]

  • Happy New Year 2023

    Happy New Year 2023

    2023 has begun like all past New Year’s, with fireworks lighting up the skies worldwide. Great expectations for life improvements are everywhere. And like every other year, the excitement will dissipate as quickly as the fireworks display fades from sight. We wouldn’t even know it was a new year if we didn’t have a calendar […]

  • Make Money Selling

    Make Money Selling

    How To Make Money Selling A Home In Calgary The first step is, to be honest with yourself about what your home is worth. Get the stats for the most recent sales and look at it from a buyer’s point of view. Without a buyer, there will be no sale.  So who are these buyers? […]

  • Mortgage Renewal Tip

    Mortgage Renewal Tip

    Mortgage Renewal Tip to Lower Monthly Payments The Bank of Canada has raised interest rates a few times this year. The knee-jerk reaction of the major mortgage lenders has been to raise mortgage rates. As mortgage rates go up, money that was increasing your home equity every month is now redirected to the bank’s vaults. […]

  • Break Even Rentals

    Break Even Rentals

    Break Even Rental Properties Worksheet Successful real estate investors calculate the break-even point of rental properties.  There are only three possible outcomes to investing in Calgary Real Estate. This chart starts with the assumption that you collect enough rent to offset the operating costs. All you can change in this excel worksheet are highlighted in […]

  • Home Buyers Regret

    Home Buyers Regret

    Home Buyers Regret For many Canadian first-time home buyers in 2022, some will be suffering from home buyers’ regret. Watching prices fall on a home you just bought makes people question their luck and intelligence, amongst other things. The media stokes the gaslighting with clickbait headlines on stories that are just plain nonsense. If you […]

  • Selling A Home In Winter

    Selling A Home In Winter

    Selling A Home in the Winter – Pros & Cons Selling a home in the winter is a bit more of a hassle because of the weather. But there are advantages. The total number of listings on the market gets less and less as winter sets in. Other listings are your competition. In this case, […]

  • Real Estate Investing 123

    Real Estate Investing 123

    Single Family Detached Home Pricesin Calgary Since 1968 In 1968 Calgary, there were no condos and very few townhomes. Single-family detached homes were the benchmark then, so we have excluded condos and townhomes in this story. The chart below tells quite a few interesting stories about the Calgary Real Estate Market. Like, what would the […]

  • Home Prices Heading South in Calgary

    Home Prices Heading South in Calgary

    Mortgage Interest Rates are the Number One Cause of Price Changes in the Calgary Real Estate Market. Interest Rates cause home price changes that cause monthly payment changes. The money market controls the home market. The money market is subject to world events, government reactions, and overreactions. One thing is for sure; almost everyone needs […]

  • Real Estate Lawyers

    Real Estate Lawyers

    Real Estate Lawyers in Calgary Most real estate transactions in Calgary have two law firms involved. One law firm for the buyer and another for the seller. When two law firms are involved, each is looking out for the best interests of their respective clients. Neither the buyer nor seller is well represented when only […]

  • Home Inspections

    Home Inspections

    Calgary Home Inspections Subject To Review and Approval of a Home Inspection. A smart buyer’s condition to add to an Offer to purchase of any home. A home inspection is an opportunity to complete more in-depth due diligence. Before waiving conditions to make it a firm deal. Are there any major problems with the home? […]

  • 2022 Oct Market Stats

    2022 Oct Market Stats

    October 2022 ended with 4,017 homes left on the Calgary Real Estate Market. Sales and listings are both down from October 2021. The daily average units sold was down vs last year. However, the percentage of total listings was up from 42% to 46%.