All Blog Entries by Jessica Chan

Found 8 blog entries published by Jessica Chan.

 

Calgary Real Estate Market 2022 Forecast

2021 was an exceptional year for Calgary Real Estate.  

Total sales in 2021 were 27,686, over 11,500 more sales compared to 2020.

For single-family homes, total sales were 17,038, over 7000 more sales compared to 2020, bringing the Benchmark price to $547,300, 11.9% increase from 2020.


The Forecast for 2022 is promising. Despite the pandemic and our economy still suffering, positive news like Amazon will open a cloud computing hub near Calgary and that will offer 950 job opportunities that are exciting news for Calgarians.

We are expecting positive migration from other provinces to Calgary. The new trend of working from home also brings lots of people from B.C. and Ontario who…

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"Should I Buy First or Sell First in this Market?"

This is the question I am being asked every day by homeowners. These days, many people are working from home and finding that their current home is not big enough to accommodate an efficient working space, plus having their children around engaged in online learning. It can all become a bit overwhelming!

Then they start to question whether they should buy a home that will fit their needs, or should they sell their current home first before buying. This is the question I am being asked every day by homeowners.

My answer is SELL FIRST!  Below, I have identified a process that will help homeowners come to the right decision:

1.  The first step is to get an "Updated Market Evaluation"…

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Are housing prices going up or down in Calgary? Is 2021 a good time to buy or sell? Should you be investing in Condo or Single - Family Home? Here is my forecast for the 2021 Calgary Real Estate Market. 

Despite the Pandemic, Calgary Real Estate market was doing good in the second half of 2020.  


In the month of June, the sales activities already back to 1763 transactions with the benchmark price bounced to $487,300 in July for single family homes.


There were a total of 16,152 transactions in 2020, just a touch lower than 2019. 


December sales is much higher compared to the year before, with the benchmark price for single family homes bounced to $490,500. 

This gives us a good indication of the demand in…

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Creator: KPOT C.B. ©Smole

I met with a couple today who was thinking of selling their home. They were first-time buyers 3 years ago. They told me their experience was "so bad" that I felt that I should write up a “First Time Buyer Must know” tips as soon as I got home.

With the technology and internet available to us, most buyers believe that they do not need a realtor, and can browse on their own. True, you can get all the listing information online, but you should work with a Realtor for many reasons to ensure you're making an informed decision on one of the biggest and important investments of your life.

  1. First of all, you should meet with a professional Real Estate Agent who will discuss the whole buying procedure with you. A good professional…
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In this slow market that we are experiencing in Calgary Alberta, I was asked with this question all the time.

Here would like to give you few tips:

  1. Consult the experienced Real Estate Agent in your area.
  2. Prepare your home for sale including minor repairs, touch up but most important is to tidy up and declutter all your personal items, stage the house with simple furniture.
  3. A good clean home always leave a good impression.
  4. Don't forget to get rid of pet smell, smoke smell, and cooking smell.
  5. Have the house price right according to the current market condition. Experienced area specialist will be able to pin down a right pricing for your home.
  6. Consult the Real Estate Agent asking what kind of marketing he/she will do for you.
    7. …
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