Calgary is prime for the picking

By
Real Estate Agent with RE/MAX Real Estate (Central)

As we are all aware the future of the world economy is uncertain , however if you look back to the 80's you will find the same trend with a new twist ( OIL). if you are in the oil business you understand that demand will not slow for long and that prices will go up ! if were at $150  it will happen again and much higher. This is the prime time to be looking at upgrading or possibly adding property to your investment portfolio real estate will only go higher. looking downtown its not to work the numbers on people vrs condos and realize that with the sudden stops of projects are going to cause the exact same effect that it had 2 years ago ( no product ). The office buildings are moving fast and will fill the downtown core enabling employees to seek for close affordable condos. The same is true for homes however do not purchase a home expecting the same rate of return that has happened 2 -3 years ago , expect normal growth rates of 6-10% and enjoy. 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Alberta

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the printer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the airplane to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
382,859
Associate Broker Falmouth MA Cape Cod Heath Coker
http://www.CapeGroup.com & http://www.REindex.com - Falmouth, MA
Heath Coker Robert Paul Properties

If it is cold on Cape Cod, it must be colder in Calgary!  I think this is as cold as I can get.

January 13, 2009 12:55 PM #1
Rainer
6,865
Todd Terry
RE/MAX Real Estate (Central) - Calgary, AB

LOL Calgary is an oil town and what goes up up must come down Fact is Fact. The 80's did the same thing cranes went up and the market fell off the map..... "the best predictor of the future is the past" looking forward to the future is all we can do. A house will sell in any market as long as people are aware of the market. That is how we stay in business ( people need homes ) 

 

Great comment , made me laugh 

 

Cheers

 

January 13, 2009 05:47 PM #2
Rainer
75,888
Jason Ellis
Coastal REO Solutions - Myrtle Beach Short Sales & REO's - Myrtle Beach, SC

Great Start to AR -- Best of Luck through 2009 and beyond -- JE

January 13, 2009 06:03 PM #3
Rainer
6,865
Todd Terry
RE/MAX Real Estate (Central) - Calgary, AB

Thank you , best of luck to you as well TT

 

January 13, 2009 06:10 PM #4
Rainer
338,459
Yvette & Dennis Gardner
Keller Williams Realty, Spartanburg, SC - Spartanburg, SC

Welcome to the Active Rain community. This is a great site with lots of information.  Have fun with it and hope to see more of your blogs soon!  We have a team of three outstanding full time agents to assist your buyers and sellers in Spartanburg/Greenville, SC.  Let us know if we can ever help. Again, welcome to AR!!

January 14, 2009 07:45 AM #5
Rainmaker
557,635
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Todd,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to you!

-Keith

January 14, 2009 07:49 PM #6
Anonymous
Anonymous
Anonymous

Thanks for the warm welcome 

January 14, 2009 08:21 PM #7
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the sunglasses to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
6,865

Todd Terry

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tree to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: