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kealrealestate.com

March 2020 Issue
(403) 875-3000
Keal Real Estate
March newsletter

Hello Friend

Welcome to my newsletter. Here you will find the latest real estate news and stats for your area. If you would like more information about market conditions in your community, or have any other real estate related questions, please contact me. I would be happy to meet with you to see how I can help you out.

Keal Real Estate
Don Keal
Century 21 Bamber
(403) 875-3000
kealrealestate.com

A Positive Note in a Tough Economy

Amidst dropping oil prices, the steady decline in the stock market, environmental issues and travel plans disrupted due to the Coronavirus, things may feel a little bleak (unless you have shares in the toilet paper industry – I kid, it’s important to keep our sense of humor in the face of the negative headlines). The result to our economy is widespread – in the mortgage and real estate world it means declining lending rates.

What if you could use this moment in time to offset the rising cost of living (higher property taxes, increasing cost of utilities and groceries, to name a few) by enjoying even lower mortgage rates than you currently have? What if you could pay down your mortgage faster, save on interest or lower your payment?

These lower rates may not last long. Now is the time to take advantage. I’d love to show you how.

If you currently have an interest rate of around 3.10% or higher, you owe it to yourself to have your mortgage reviewed. Let’s see if it makes sense for you to renew early and take advantage of these savings. This is one of the many benefits of working with a mortgage broker. I am in your corner. I am here to watch the market and help you save money when the opportunity arises.

If you want a distraction and to find something for you to feel good about, let’s schedule a time to discuss your mortgage. Let’s see where you can save.

There is no cost or obligation for this, just part of my service!

3 Tips for Quicker Spring Cleaning

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With the first day of Spring just over the horizon, it’s time for—you guessed it—spring cleaning! Whether you love or hate this annual chore, here are the top tips for getting it done in record time.

Make a Plan
A surefire way to speed things up is to start with a proper plan. Create a checklist so that you a) know when each thing is done, b) can plan the work around your schedule, and c) get the satisfaction of checking things off.

Declutter First
Some people like to declutter as they go, but it’s best to get this done first. If there’s less in your home, there’s less to clean.

Set Yourself Up for Success
Use spring cleaning as a time to set cleaning habits for the year ahead. Use your spring cleaning plan or checklist to define quick tasks you can complete regularly throughout the year and lessen the workload for next year’s spring clean.

Local Events

Masters of Illusion
Calgary, AB
March 23, 2020
Easter Egg Hunt & Spring Carnival
Calgary, AB
April 11, 2020
Calgary Acroyoga Festival 2020
Calgary, AB
April 10, 2020 - April 12, 2020

Latest Featured Listings

An image of MLS ID: C4225773

Prime location in one of Calgary’s best lake communities Midnapore / C4225773

$519,900
3+2 Bedrooms 3 Bathrooms 1,842 Sq Ft
View more listings

Calgary Real Estate Board

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This month saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late ’90s. With the extra day this February, monthly sales totaled 1,197 units. A combination of these two factors resulted in a 23 per cent improvement over last year, but sales remain well below longer-term trends and consistent with the lower levels reported over the past five years. “However, this should not diminish the fact that conditions are still improving,” said CREB® chief economist Ann-Marie Lurie.

“Calgary is continuing to see slow reductions in the amount of oversupply in the market, from modest changes in demand and reductions in supply. This needs to occur before we can see more stability in prices.”

Click here for the full report

Calgary

There are 4565 homes for sale right now, with an average list price of $541,119.
An image of MLS ID: C4291367

# 394 7030 Coach Hill Road SW, Calgary, AB Coach Hill / C4291367

$465,000
3 Bedrooms 2 Bathrooms 1527 Sq Ft
An image of MLS ID: C4291382

97 Cranbrook Heights SE, Calgary, AB Cranston / C4291382

$1,440,000
4 Bedrooms 4 Bathrooms 2646 Sq Ft
An image of MLS ID: C4291384

359 Carrington Way NW, Calgary, AB Carrington / C4291384

$615,000
4 Bedrooms 4 Bathrooms 1955 Sq Ft
View more listings

This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage. All information was current on Mar 16, 2020.


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