It' a Monday in SUNDRE and REAL ESTATE is what we at the SUNDRE HOME TEAM do best so we invite anyone who's in the market, both BUYERS and SELLERS, to stop in to our CIR REALTY office on CENTRE STREET N in Sundre and have a coffee and discuss your REAL ESTATE needs with one of the Professional REALTORS here at the SUNDRE HOME TEAM.

Check out our web site @ www.sundrehometeam.com!

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Christmas is coming but there's still time, if you hurry, to get that new HOME bought before the mortgage rules change in the new year.

we, at the SUNDRE HOME TEAM can make that new HOME a reality for you.

Stop in and see how the REAL ESTATE team at CIR REALTY in SUNDRE can make things happen for your new HOME in time for Christmas!

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Well, November's half gone and Sundre looks like winter. Bring on the Chinooks! The REAL ESTATE market has cooled somewhat and some prices on HOMES and ACREAGES have leveleled off or even decreased slightly in the SUNDRE and area REAL ESTATE world.

The old REAL ESTATE MARKETING slogan "IF IT'S PRICED RIGHT, IT WIL SELL' still rings true in the SUNDRE REAL ESTATE market as we are seeing HOMES and ACREAGES moving depending on how they're priced. We at THE SUNDRE HOME TEAM have even seen 1 ACREAGE recently sell for $25,000 over list price!

This is an exception to what the rest of the real estate MARKET in SUNDRE and area is doing at the moment but, hey, who knows, it CAN still happen!

The REALTORS at the SUNDRE HOME TEAM are optimistic when it comes to SUNDRE REAL ESTATE activity for the balance of 2017 and the furure of REAL ESTATE in SUNDRE and area in the coming 2018 REAL ESTATE season!

Stop in for coffee @ our CENTRE STREET N location and have a chat with one of the professional REALTORS from the SUNDRE HOME TEAM.

We at CIR REALTY in SUNDRE strive to be the best at what we do! That's helping you market your HOME, or, WE can  help you find that 'PERFECT' new HOME, ACREAGE or FARM. We at the SUNDRE HOME TEAM can also facilitate you COMMERCIAL transactions.
CIR REALTY- "BECAUSE A GREAT EXPERIENCE BEGINS WITH A GREAT AGENT!"

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IF YOU'RE IN THE MARKET FOR REAL ESTATE AND SUNDRE IS YOUR DESTINATION OF CHOICE, BE PREPARED! THE MARKET MAY BE HOT FOR REAL ESTATE BUT JACK FROST HAS SET IN..........HARD!!

DON'T LET THE TEMPERATURE DETER YOU IN YOUR QUEST FOR THE PERFECT HOME OR PIECE OF LAND 'CAUSE THE REAL ESTATE ASSOCIATES AT THE 'SUNDRE HOME TEAM' ARE READY TO ANSWER ALL YOUR REAL ESTATE QUESTIONS, THE OFFICE AT CIR CENTRE STREET IS ALWAYS WARM AND THE COFFEE'S ALWAYS FRESH!

STOP IN AND VISIT THE 'SUNDRE HOME TEAM' TODAY!

YOUR NEW HOME MAY BE CLOSER THAN YOU THINK!

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CIR REALTY Real Estate Review for Calgary and Surrounding Area - November, 2017
 


Market Summary

As Albertans we tend to have higher expectations as to what a good market looks like compared to a bad one. We are so used to full steam ahead, that when we see a slow down, it feels like a snails pace. Our market in October continues to slow coming into the Winter months which feels like the brakes have been hit hard. With a climbing inventory due to more listings coming onto the market, and sales declining, the average days on market has climbed to 50 days. Even with the market slowing, prices remain stable in most sectors and the market is just slightly weighted towards a buyers market.

Our CREB Chief Economist Anne-Marie Lurie was quoted,  “While economic activity has improved in 2017, it will take some time for this to translate into housing market growth. There have been employment gains, but most of this has occurred in areas with traditionally lower income. We also continue to face weak migration, higher lending rates and changes to lending policy. The combination of these factors is impacting housing demand, which is prolonging the pace of recovery."

What is interesting about Ann-Maries comments, and Octobers market, is that the inventory between $600,000 and $1,250,000 continues to see an uptick in sales compared to October of 2016. The slow down month over month continues to be in the lower price points. This could be due to existing homes owners taking advantage of a great market to upgrade, and first time buyers being more reluctant.

With everything going on in our economy, and the world today, consumer confidence continues to be what is fuelling our markets. There is no such thing as the perfect market to make a move in, timing is all about when it makes sense for an individual or family and their situation. All we can ever do is make an educated decision relevant to personal circumstances. It is important to evaluate every micro market with in our macro market across the Calgary Real Estate Board to determine if the timing is right for personal circumstances.
 
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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.