March 2016 Newsletter
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 things that can happen to you is to meet with problems, circumstances and incidents that force you to think, because without a motive, you might not do much thinking anyway”. This is a great philosophy as we all face a bit of a tougher time in Alberta due to the downturn of the oil prices. One of the other things that he mentions is on the importance of budgeting time and money. He said, “Set aside a definite amount for investment, even if it’s only as small as a few dollars a week. It’s not the amount that’s important, it’s the habit of being resourceful and frugal”. This applies to real estate as well; real estate can still be a good, long term investment.
Real estate in Calgary remains at a steady level with some growth in sales noted. Despite the gloomy outlook for the City’s economy, some segments of Calgary’s housing market showed signs of turning the corner in February. Sales of attached properties such as townhouses and semi-detached homes were up nearly 7% from a year earlier.
Homeowners are beginning to adjust to the new reality that buyers are in the driver’s seat in Calgary real estate and sellers can no longer expect to hold out until prices rebound. The higher volume of inventory has pushed sellers to be more realistic about their pricing expectations and the amount of time their property may be on the market.
If you know of anyone who is thinking of buying or selling, I would appreciate you passing my name onto them. Also my webpage at www.docwatson.ca has daily updates on house prices in the Calgary market. There is also a directory of services and professionals to help you in all your home needs.
“Doc” Watson, Realtor
Sutton Group Canwest
Text: (403) 804-8007
Office: (403) 208-7788
Celebrating over 29 years of Real Estate Service in the Calgary area