Blog by Doc Watson

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April 2018 Newsletter

April 9th, 2018

 Where Oh Where is Spring??  

Have you noticed Spring coming yet?  The last few weeks, all I have seen is snow and more snow.  Then we have the weather forecasters telling us there is more snow coming and lower temperatures?  Normally at this time of year we should be enjoying 8°C when we are actually at -11°C most mornings.  

Weather and real estate have a lot in common - they are bo ...

April 2016 Newsletter

April 5th, 2016

LOOKING BACK ON ALL OF THIS!

I can’t help but wonder what things will look like 24 months from  now?  Some people will still be searching for ways to improve the economy and others will still be fighting the race to the bottom.  We really should be looking at what we have and not what we don’t have......our assets.  Albertans have amazing assets.  A huge educated population that can and ...

March 2016 Newsletter

March 7th, 2016

IT’S TIME FOR NAPOLEON HILL!

I have had the opportunity to read some of Napoleon Hill who is one of the earliest recognized personal success experts. He had a basic message for his students: Anyone can become rich and you ought to stop thinking of wealth as tied purely to money or reputation.   One of the things that he points out is about learning from adversity.  He said “One of the best ...

February Newl

February 8th, 2016

FUNNY THINGS CAN HAPPEN IN THESE REAL ESTATE TIMES?

The real estate market in Calgary remains slow but resilient.  Buyers and Sellers are a bit stubborn when it comes to negotiations.  Sellers are starting to realize that if a reasonable offer is presented to them, they should consider it very seriously as the next time an offer comes along could be a long time. 

Surprisingly, prices ...

November 2015 newsletter

November 2nd, 2015

GO LONG!

All the leaves are gone by now.  This is the beginning of fall and the real estate market plows along.  Sales are down around 33% since a year ago so Realtors are having to pull out their “magic bag” with new marketing tricks. Then we have to work on getting our seller’s homes SOLD!   The most important thing is to put customers in the REAL WORLD and not the HOPE WORLD. 

Go lon ...

October newsletter

September 25th, 2015

OIL UP....SUPPLY DOWN?  SIGN OF THE TIMES?

A report from the U.S.A. Energy Information Administration showed crude inventories fell by 2.1 million barrels in the last week.  Oil output from shale producers is down at a $40 a barrel   price and has slowed the shale producers to a standstill.  So the stockpiles are moderating, but the oil market remains oversupplied.  

The Real Estate mar ...

September Newsletter

August 19th, 2015

CALGARY RISK IN REAL ESTATE FADES!

It has now been a year since oil has dropped so dramatically in the market. 

The effect on the local market has been adjusted for in most peoples lives.  They are making real estate decisions as before, but taking more time for that step.  In the oil producing world there are many players.  Some need $75.00 a barrel to be profitable and others need $20 ...

August Newsletter

August 18th, 2015

STRONG AND FREE!

The real estate market is very different from previous booms and recessions.  The media proclaims the end of the world in real estate, but the facts on the ground don’t prove that.  Buyers are still streaming through public open houses, realtors with the M.L.S. are still writing offers.  

I spoke with a realtor friend who told me he had written 3 offers in one day....ir ...

July Newsletter

June 29th, 2015

WOW! SUMMER IS HERE!

The June real estate market has arrived. I have found the amount of work required to get a sale with a buyer or seller is taking a lot longer than a year or so ago. The buyers are investigating the market and they are coming to the public open houses to check out homes. I had close to 50 people through one house this month. Buyers are taking their time. Sellers ...

April Newsletter

March 26th, 2015

This is NOT 2008?

I remember in 2008 when the price of oil dropped dramatically, not unlike the changes we are finding as we approach the end of March 2015.  Home prices have declined around 5%-15% in a short time.  

In 2008, I had just purchased a property in Beddington. and I have now owned it for about 7 years. It has appreciated since 2008 to a market price of $340,000.  That is an ...

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