Blog by Doc Watson

<< back to article list

August 2014 Newsletter

THE CALGARY REAL ESTATE MARKET IS BECOMING “NORMAL” 

Finally the Spring/Summer market is now bringing forward more homes for sale in the Calgary area.  From July 2013 - July 2014 it has increased to 19.85%. 

Our prices are also changing.  July 2013 - July 2014 the median average prices have risen by 6.3%.  

I believe people are looking for homes to buy as interest rates remain low and the inventory is a lot better.  I recently competed with another Offer to Purchase on a property, but not 6 or 7 offers. 

The market is becoming reasonable with the in migration increasing by up to 5,000 people added to the greater Calgary population .  Prices should be stable and rising. 

Please find enclosed July sales (info supplied by CREB).  I would also like to remind you  about my web site.  In it you will find easy access numbers and web sites for all of your real estate buying, selling and home owner needs.  Please go to: www.docwatson.ca

If you know of anyone who is thinking of buying or selling, I would appreciate you passing my name onto them. Enclosed is my new business card. Thank you for all the referrals!  Have a great month! 

Sincerely, 

“Doc” Watson, Realtor

Sutton Group Canwest 

Text: (403) 804-8007

Office: (403) 208-7788

Celebrating over 25 years of Real Estate Service in the Calgary area