The "Easy Money" Era is Officially Dead. If you own a condo or townhome in Calgary, I’m not going to sugarcoat this: the market is stinging right now. We are seeing a massive surge in inventory—up 28% compared to last year. That means we have a clear split in the market: Detached Homes: There doing alright...let's say, treading water. Prices are down slightly (2%), but really that's even in our world. If you have a good house in a good community, you’re fine. Condos & Townhomes: Blood in the wat
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The "Easy Money" Era is Officially Dead. If you own a condo or town…
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FacebookKen Rigel
The Calgary inventory surge is subsiding… New listings pulled back October, bringing the months of supply in the Calgary market back under 4 months.. This is good news, as the market has been ballooning for 18 months. It’s still not a perfect market by any stretch. Here’s the lowdown on what’s happening… * Detached Semi-Detached → Balanced territory. Still strong demand. * Row Apartment → Lots of supply, slower buyers. More competitive for sellers. So far this year we’ve hit 20,082 sales — that’
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Bev here ... feeling a bit nostalgic on this TBT. For all you RO fans who did not know that he played guitar and sang backup with the first touring band he worked for, here is an old clip from an Austin City Limits taping with B.W. Stevenson from back in 1976 ... | Riley Osbourn
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