Blog by Doc Watson

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Monthly Newsletter

WE’RE NEAR THE END OF ANOTHER YEAR....

this one sure went by fast!  

The market is doing very well.  I think that Buyers are worried about three things: interest rates going up, prices going up and selection has been low which all creates a nervous market. 

 

Most of my listings have only been on the market a short time before an acceptable offer has come in......much to the pleasure of my Sellers!   The Buyers I have worked with have reacted quickly, but with well thought out purchases.  We have done our homework for several months before we have put on Offer in on a home. 

 

The statistics have come out for another month and it shows that sales have increased by +18.99% from 2012-2013.  Our inventory for Calgary is still lower from a year earlier at -16.05%.  The average price has risen by +5.76^ compared to November 2012.  It is important to note that new listings have risen also by 12% from last year but remain below long term trends. 

 

Please find enclosed November sales (info supplied by CREB).  I also hope you have all received the 2014 Calendars I sent out last month. 

 

If you know of anyone who is thinking of buying or selling, I would appreciate you passing my name onto them. Thank you for all the referrals!

 

Sincerely, 

 

 

 

“Doc” Watson

Realtor

Sutton Group Canwest 

Text: (403) 804-8007

Office: (403) 208-7788

 

Celebrating 25 years of Real Estate Service in the Calgary area