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14May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | 5 Points to Safeguard Your Rental Property During a Correction

Focus on cash flow: Invest based on today's rental income, not future appreciation of the property value. Mitigate risk of missed rent: Consider rent default…

14May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Key Insights on BoC Mortgage Policy

BoC seeks further proof of sustained inflation reduction towards 2% before considering rate cuts.Transition from excess demand to supply evident, underpinning disinflation needed for rate…

13May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Don’t Wait for the Future: Reasons to Buy a House Now!

Real Estate is a stable investment, offering rental income and potential long-term appreciation. Many are waiting for a housing market crash or lower interest rates,…

12May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Prioritize Sale or Purchase?

Selling prior to buying ensures funds but involves rental and double moving expenses. In low inventory markets, many opt to buy first to secure desirable…

12May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Canada’s Housing Crisis: Federal Efforts

Federal budget's measures for first-time home buyers may not ease housing affordability crisis in expensive markets. High-priced markets may not see significant benefits from the…

12May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Happy Mother’s Day

Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in…

11May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Property Tax up 4% in Penhold for 2024

Penhold Council passed Bylaw 823/2024, establishing Penhold's 2024 Municipal Tax Rates. The Mayor praised efforts to maintain services with a minimal tax increase, below national…

11May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Trudeau’s Ambitious Housing Promise: Feasibility and Challenges

Prime Minister Trudeau aims to build ~4M new homes by 2031 to address housing affordability concerns in Canada. Critics question the feasibility of Trudeau's promise,…

11May
  • By: Jerry Moras
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Calgary rezoning debate: What does higher density do to housing value?

The northwest Calgary community of Capitol Hill is part of a self-guided walking tour showcasing changes in housing density. Concerns exist about the impact on…

11May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Considers Blanket Rezoning for Increased Housing Density

Calgary is proposing a large-scale rezoning plan to allow for higher density housing across most residential areas.This would permit duplexes, townhouses, and rowhouses in currently…

10May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Bank of Canada Divided on Timing of Interest Rate Cuts

The Bank of Canada's governing council is split on when to start lowering interest rates. While some members advocate waiting given robust economic performance and…

9May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Housing Market: Potential Shift Towards Normalcy

Calgary's housing market could normalize this month after years of being a seller's market. The market surge can be attributed to an influx of out-of-province…

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