Chamberlain Real Estate Group
Chamberlain Real Estate Group
Would you like to know how we have helped thousands of clients SAVE TENS OF THOUSANDS of dollars in unneeded expenses when they BOUGHT or SOLD their homes? Would you like the inside scoop on what is happening in our city? Can you use some incredible advice from someone you trust? SUBSCRIBE to our channel if you answered YES to any of these questions and remember to hit the bell to be notified about the latest videos.
We focus on helping Calgary families make the transition of selling the home they’ve outgrown and Moving Up to the next... Let us show you how.
Пікірлер
Thanks for sharing.
FJT
This shd be crimes per 100k people
Kindly pointing out its lagging indicator not legging indicator. What in the legs are you talking about 😂
This is a fantastic video. I'll say this: If you can avoid a place with condo fees, do it because there is zero return on that fee. It's crazy some of the prices for these, but when I went to Kelowna, I almost pissed my pants laughing. An apartment in downtown Kelowna, I think it was 400 square feet, and the price was 1.1 million plus condo fees. There's no way I would pay that price for a hole in the wall.
Ne=dump stay away
Do a story on noth east.... or south east around 17ave se ....
Edmonton 30% cheaper
Over prices cardboard houses
Edmonton doesn’t hate Calgary. Most of us love Calgary, cause we lived there at some point. 💙 They’re both awesome cities.
Edmonton is a great city! Both Calgary and Edmonton along with so many other towns/cities make Alberta so great! 🙌🙌
Pembeeena... LoL.
Great Video! Thanks
You’re welcome 🙌
And in Calgary, at around $1.2M, you will probably not get a front yard! 😆🙄
Nah. You get a front and a backyard 😂
@@ChamberlainGroup , I'll meet you halfway and at least you get a driveway. 😄
Thanks for the video, very interesting. However, how is the number of showings a leading indicator, it is literally a lagging indicator. The number of showing already happened, it is past information, this is a lagging indicator. New home starts would be a leading indicator for the potential number of home that will hit the market in the future.
New homes don’t turn into resale market for a long time. Their impact isn’t the same as showings. Truthfully both showings and housing starts are indicators, they just tell different stories.
@@ChamberlainGroup My argument was that showings are a lagging indicator, not a forward indicator. Of course new homes don't enter the resale marker for a while, however the number of new homes greatly effects the supply of housing on the market. If the market is flooded with new homes, this will decrease the showings for resale, as many new buyers would purchase new homes. My point was that new home starts is a leading indicator, it represents a portion of the future increase of supply in the housing market. If new home starts skyrocket, we would expect to see the housing market level off in the future due to the increased supply.
Great video, I like to be the "poorest" guy in a rich neighborhood 😂
Best place to be!
With house prices skyrocketing over the last 10 years, why do real estate fees remain at 5%? Even tax on gas is lowered when gas prices go too high... and that's the government.
There is no set fee in commissions. We also don’t do flat % in Calgary.
Long weekend, kids now out of school and a lot of people on vacation.
For some people show off is like drug addiction. And forget that house 1.3 million, but also in front of the house has to be 130k Denali huge truck and at least 100k shiny boat too. Never forget that 😂😂😂
🛻 🛥️ 🏍️ 😂
It is very difficult now to buy a front garage detached home with a legal suite in calgary for under $1 million.
There are some out there. One of the agents on our team found one for themselves to live in for around 900k or so.
Do you have a video for warehouse and if is good investment for small business
I don’t have any videos for that. If you’d like to discuss with our partners to help you find something then please let us know www.chamberlaingroup.ca/contact/
My place has been on market for 12 days . 6 viewings no offers and very reasonable price in this market . Other units in the complex have sold for what I’m listed for with 1 less bathroom and most within a week .Feels like the week I listed everything went quiet. Hopefully get some action soon
Depends on the complex, floor level and much more. Hope you get it sorted and sold.
Edmonton has better outcome for future climate change more water and less drought in future Calgary is going to have worse drought and water shortages and very little rentals. The glaciers supplying galgaries water are drying up We chose Edmonton
Seasonal trend? People choosing new builds over used?
Could be seasonal, isn’t new over resale.
Don’t worry it will go fast again, not going up but down
>evergreen >it has yellowish grass and shrubs >tuscany >in Canada canadians do anything to convince themselves they dont live in a place that’s cold 9 months of the year
As of May/July 2024, 3889 residences are for sale in Calgary as the average price is $587,100 now. I''m just hoping it goes back down to $500k.
Not likely. In Canada you have to compete with rich people from all around the world, or those who are not rich but sold their assets so have bags of cash. Previously it was in Vancouver since 2000, then Toronto since 2015, now Calgary, like a plague.
Lethbridge? How you gonna earn in Lethbridge? I aint pooping gold
I will be a new agent soon as I am taking the course now. This info that you provide especially the new trends that are developing … if they are discussed with clients will build a ton of value as they decide to work with such an agent … you can bust your a$$ and get listings but if you are not armed with the accurate information you will just create frustrated sellers. You can post on Instagram who many listing you can get in a year and be a star in the agents eyes you lead or you can be the star in the sellers eyes and create value and long lasting referrals… for the brokerage you work with.
Enjoy the capital gains tax.
Great content mate full of information clear on point Thank you keep it up
Thank you! 🙏🏼
Mosy if these areas are the souless boring pits thatvpeople seem to like. Many great central neighborhoods are much better
This is one of the most underrated RE related channel I've seen. Thank you for such good quality content
Appreciate that 🙌
Nolan Hill 2300 sq foot house for sale here!! 3 bed, Stunning backyard and amazing primary closet ❤🎉
Interesting thoughts! Always appreciated! I enjoy staying in touch by watching your videos! May still end up in Calgary! Cheers!
Not with the amount of people flooding this country from india
There are many coming from all over!
Calgary Is very safe everywhere
💯
Are you on drugs
Properties in SE communities around Seton are selling crazy, except the ones who overpriced by 20%+.
Properties are still selling for sure. It’s the showings that are adjusting.
@@ChamberlainGroup showing number is a leading indication. I guess house price will climb at a much slower pace or even decrease from the highs. I wonder if you can share the price trends in the summer months in Calgary. People usually start vacations at this time of the year and that could explain the showing number decrease.
What about Langdon??
Great area, but average price is over $700 so it didn’t make this list.
What about the properties getting removed and all data wiped and listed at a new lower price and then it says it sold in 7 days like example 2039 5th ave was listed at 1.1 relisted at 999k after a month and it says it sold within days. Not all data is accurate
Great thought. You can see days on market and collective days(CDOM) on market on the backend. CDOM will show the total days on market when agents do this tactic removing and putting back on.
People who are buying 400k apartments will hurt the most !
What do you believe the reason is for that?
I hope people think twice with the water situation
20 years of pain coming
What makes you say 20 years vs 15?
@@ChamberlainGroup actually no clue on time line but bigger then anything we seen . Mostly I think rates will be higher more than lower until 2042 . Looking a cynical stuff. Money could become valuable .
Unemployment is at a whopping 8% and continuing to climb, more listings coming to the market, this will help ease the market
Unemployment doesn't really matter much unless it is out of control. Please remember, buyers will always buy because they can buy.
It’s true more listing are coming to the market but will it be enough?
Who cares about unemployment rate... Many detached home buyers I know ($800k to 1.2million) don't make much actually. They took lots of cash earned from Toronto/Vancouver housing market, or other countries like Hong Kong.
should limit chinese😂they are crazy
What's that means?
😬 not wanting to delete your comment however I thought about it a couple of times! Let’s not play these games in this thread. Thanks.
all the houses I see for sale right now are dumps or people who lip sticked it quickly and the prices are crazy high. Anything good seems to sell in a few days.
100%. People hear that the neighbour sold their nice livable house for $xxxk and they think they can sell their dump for the same price because they have the same "attributes". I laugh every time I see it.
@u2v22 it's mostly flippers throw some paint flooring and a cheap kitchen but the roofs toast the grass is 3 ft high and the garage door is falling off 1200sq ft split $629,000
Nolan Hill 2300 sq foot house for sale here!! 3 bed, Stunning backyard and amazing primary closet ❤🎉
Great insights. Thanks. I have noticed in Marda Loop some new listings have been owned only for 2-3 years. I was thinking maybe these are people who move from TO and VAN and now want to use their property appreciation and move back to buy something there. I could be wrong though
Could be… however our appreciation here may not be enough to justify going back. We’ve had a few clients move here and a couple of years later are relocated, there could be that but truthfully there are so many reasons why people move.
Calgary is still too cheap... I would say great value and great price (weak CAD)
Martindal community so many houses on listings so many months. House selling slow down
Calgary market will keep going strong probably at a slightly slower rate. Few facts below 1. Calgary suffered severe downturn since 2014 ( and commercial properties are still groggy). 2. Calgary real estate market just started recovering since 2021. And there is tons of room to go higher up considering inflation, land value in general, weak CAD, interprovincial migration and such. 3. Calgary is the only Canadian city which can offer the exact same lifestyle as Denver CO & Salt Lake City UT. 4. A 2nd oil boom has just started due to politics among U.S, Russia, Saudi and Euro. And Calgary & Edmonton are oil cities like Houston & Dallas in Texas.
Don't forget the inventory is historical low and the city of Calgary is already aware of that. This is why the city keeps pulling levers to generate more home (inventory).
Some good thoughts here
The federal government wants to axe oil and gas by 2035. What would be the economy of Alberta at that time.
Do you still believe that government agenda? Oil and gas has been the back bone of this country even during/after WWI the total global demand may not rise substantially yet still strongly backed up by India@@elvi7605 Canada can still milk their cash cows and now is the best time to do. Otherwise Canada cannot prepare for the future. Think about this there is already more than 40M people living in Canada competing for the social infrastructure adequately sized for only 30M people. Canada needs money to debottle and ease this congestion. So where does the money come from? Natural Resources, oil & gas, raw minerals, lumber, agriculture and such. Those will make this country great again. 👍 👍
@@elvi7605 CAPEX AND OPEX of oil&gas assets won't vaporize in the next 10 years. Those gigantic oil and gas corporates are not dumb. Alberta will continue putting effort to diversify their dependency on Oil&Gas so that they take less tolls on themselves in the next downturn. And please remember, building the economy diversity is not free yet Alberta has money to make it happen. Why? historically Alberta has been the richest province in Canada which means they have always had ample amount of ammunition to push forward.
Im getting a house built and the sales associate said houses in 600k to 1000k are slowing down
That’s like 80% of the market
What does that mean
You have to remember #1 - that’s a massive price range… too big to tell a story. #2 - homes on the upper range always slow down first before lower priced ones #3 - Does the builder lack inventory? If so, of course they won’t see the same traffic. If you don’t have hot dogs to sell, less people show up to your hot dogs stand.