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4,617 Homes For Sale in Calgary Today: What Does This Mean for Buyers and Sellers?

As of September 28, 2024, there are 4,617 homes actively listed for sale in Calgary. Whether you're buying or selling, understanding which market you are in is crucial. Real estate can shift between a buyer’s market and a seller’s market, often depending on the number of active listings rather than properties that have already been sold.

Why Active Listings Matter More Than Sold Listings

The real competition in the real estate market comes from the active listings, not the homes that have already sold. Here's why:

1. Active Listings Define Market Conditions: When there are more homes for sale than buyers, it creates a buyer’s market. Conversely, when listings are scarce and demand is high, it becomes a seller’s market. Whether you’re a buyer or seller, knowing how many homes are actively competing with you at any given time is essential.

2. Constantly Changing Numbers: Active listings fluctuate daily. The property that’s available today might be under contract tomorrow. This is why it's crucial to stay updated on the latest numbers and trends in the market.

3. Tailored Strategies for Buyers and Sellers: If you’re a buyer, you want to know how many homes are available in your price range, so you can avoid overpaying. As a seller, understanding your competition allows you to price your home strategically to attract more offers.

Which Market Are You In? Buyer’s or Seller’s?

Calgary’s housing market is incredibly dynamic. Depending on your price range and neighborhood, you might be in a buyer’s market in one part of the city and a seller’s market in another. Here’s a breakdown of the current active listings by price range to help you understand the competition:

- Under $300K: 431 homes – ideal for budget-conscious buyers.

- $300K - $600K: 1,823 homes – a highly competitive mid-range market.

- $600K - $900K: 1,502 homes – options for more established buyers.

- $900K - $1.5M: 609 homes – for those seeking luxury living.

- Over $1.5M: 252 homes – an exclusive market with high-end properties.

Stay Ahead with Real-Time Data

In a market that changes as rapidly as Calgary’s, staying ahead of the curve means having access to the most current information. That’s where working with a professional Realtor like Jerry Charlton can make all the difference. Jerry stays on top of the latest active listings, giving you an edge over other buyers and sellers who may be working with outdated data.

Why Choose Jerry Charlton?

- Expert Market Knowledge: With years of experience in Calgary real estate, Jerry knows the ins and outs of the market, whether you're looking to buy or sell.

- Daily Updates on Active Listings: Jerry ensures that his clients have the latest information on homes available for sale, so you’re always informed and can act quickly.

- Strategic Guidance for Buyers and Sellers: Knowing whether you’re in a buyer’s or seller’s market helps shape your strategy. Jerry helps his clients price competitively and bid smartly, depending on the current conditions.

The Key to Success: Active Listings

Remember, it's the active listings that shape the market, not the homes that have already sold. By understanding and staying on top of these numbers, you can make smarter, more informed decisions when buying or selling a home.

Get the Edge in Calgary’s Real Estate Market!

If you're looking to stay ahead of the competition, contact Jerry Charlton today. Whether you're buying or selling, Jerry provides real-time data and expert insights to ensure you make the best move in Calgary’s ever-changing real estate market.

In real estate, timing is everything. Knowing whether you’re in a buyer’s or seller’s market can give you a significant advantage. With 4,617 active listings in Calgary today, the competition is real, and having the latest information could be the key to getting the home of your dreams or selling at the best price.

Ready to get started? Reach out to Jerry Charlton now for the latest updates and expert advice

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Why Everyone Should Own At Least Two Homes: One To Live In, and One As an Investment

Owning property is a dream for many, but have you ever considered the benefits of owning not just one, but two homes? The idea behind the tagline "Everyone should own at least two homes, one to live in and one as an investment" is not just a bold statement but a smart financial strategy that can open doors to greater financial freedom, stability, and opportunity.

A Home to Call Your Own

Your primary residence is more than just bricks and mortar—it's a sanctuary, a place where you create memories, raise families, and build a lifestyle. The peace of mind that comes with owning your home means you're free from the ever-changing rental market. No more rent increases, unpredictable landlords, or the risk of being asked to move out. You’re investing in your own future every time you make a mortgage payment, and over time, your home appreciates in value. This appreciation is essentially your nest egg growing over the years, setting you up for a financially secure future.

Why a Second Home?

The second part of the equation is an investment property. Why should you consider owning another home solely as an investment? Here's why:

1. Wealth Generation

Real estate has historically proven to be one of the most reliable ways to build wealth. While the stock market can be volatile, and other investments might require extensive knowledge or hands-on involvement, real estate can offer a more stable and passive income source. Your second home could generate rental income that not only covers its mortgage but also provides you with an additional revenue stream.

2. Diversification of Income

Diversifying your financial portfolio is a key strategy for building and preserving wealth. Real estate is an excellent way to diversify outside of traditional investments like stocks or bonds. It offers a tangible asset that tends to appreciate over time, making it a safer bet in periods of economic downturns.

3. Passive Income Stream

Owning an investment property means you can create passive income, which is money you earn without having to be involved on a day-to-day basis. Whether it's renting out a home in Calgary's hot market or tapping into the growing demand for short-term rentals like Airbnb, having an investment property can provide you with consistent income.

4. Tax Advantages

In many countries, real estate investors enjoy significant tax breaks. From deductions for mortgage interest to depreciation and maintenance costs, owning a second home can reduce your taxable income. This makes it a highly attractive option for those looking to maximize their wealth-building potential while keeping more of their hard-earned money.

5. Leverage for Future Investments

Over time, your investment property will build equity, just like your primary residence. You can use that equity to invest in additional properties, expand your portfolio, or fund other ventures. Essentially, one smart investment in a second home could be the stepping stone toward even greater financial success.

Calgary's Market: A Prime Opportunity

Calgary, Alberta, offers a real estate market that is ripe for both first-time homeowners and savvy investors. With growing communities, strong demand, and economic development, there's ample opportunity to buy a home as an investment that appreciates steadily over time. As a real estate expert in Calgary, I can help you navigate the local market and identify properties that are poised for growth, whether you're looking for your first or second home.

Security for Your Future

Real estate is not just about buying properties; it's about securing your future. Owning two homes provides a safety net. Your primary residence protects you and your family, while your investment property works as an insurance policy for financial stability. If times get tough, having a second property can serve as a valuable asset, whether you sell it, refinance, or use the rental income to weather difficult periods.

Investing in a second home isn’t just a luxury reserved for the ultra-wealthy. It’s a practical and achievable goal for anyone who wants to create a more financially secure future. By owning at least two homes—one to live in and one as an investment—you’re building wealth, generating income, and securing your financial independence. Ready to take the next step? Let’s explore the opportunities in Calgary’s real estate market today.

Owning two homes might be easier than you think—and it’s certainly one of the smartest decisions you can make for your future.

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Top 5 Reasons to Invest in Airbnb Properties in Calgary

Top 5 Reasons to Invest in Airbnb Properties in Calgary

As the popularity of short-term rentals continues to rise, Calgary has emerged as a prime location for Airbnb investments. With its vibrant culture, economic opportunities, and thriving tourism industry, Calgary offers a unique blend of benefits that make it an attractive choice for real estate investors looking to tap into the short-term rental market. If you're considering investing in an Airbnb property, here are the top five reasons why Calgary should be on your radar.

1. Growing Tourism Industry

Calgary attracts millions of visitors each year, thanks to its rich cultural heritage, numerous festivals, and proximity to the stunning Rocky Mountains. Events like the Calgary Stampede draw tourists from around the globe, ensuring a steady demand for short-term rental accommodations. Investing in an Airbnb property in Calgary allows you to capitalize on this influx of visitors, providing them with a comfortable and unique lodging option that often outshines traditional hotels.

2. High Return on Investment (ROI)

Calgary's Airbnb market offers a competitive return on investment compared to traditional long-term rentals. Properties located in popular neighborhoods and near key attractions can generate higher nightly rates and consistent occupancy. With the right property management strategy, you can maximize your income and achieve a solid ROI. Additionally, Airbnb properties often allow for flexibility in pricing, enabling you to adjust rates according to demand and market conditions.

3. Diverse Neighborhoods with Airbnb Potential

Calgary boasts a variety of neighborhoods that cater to different types of visitors, from business travelers to tourists. Areas like the Downtown Core, Beltline, Kensington, and Inglewood are known for their vibrant nightlife, dining options, and proximity to attractions, making them ideal locations for Airbnb properties. This diversity allows investors to choose a neighborhood that aligns with their investment goals and target audience.

4. Favorable Regulatory Environment

Unlike some other cities, Calgary has adopted a balanced approach to regulating short-term rentals. While there are bylaws in place to ensure the safety and security of guests, the city's regulations are generally favorable towards Airbnb hosts. This supportive regulatory environment makes it easier for property owners to operate short-term rentals legally and profitably. Staying compliant with local regulations helps protect your investment and contributes to a positive experience for both hosts and guests.

5. Economic Resilience and Growth

Calgary is one of Canada's fastest-growing cities, with a strong economy driven by industries such as oil and gas, technology, and finance. The city's economic resilience and growth attract both domestic and international travelers, including business professionals and families relocating for work. Investing in an Airbnb property in Calgary allows you to tap into this stable and expanding market, providing accommodation options for both tourists and business travelers.

Ready to Invest in Calgary's Airbnb Market?

If you're considering investing in an Airbnb-friendly property, Calgary offers a wealth of opportunities. With its growing tourism industry, high ROI potential, diverse neighborhoods, supportive regulations, and economic resilience, Calgary is a top choice for real estate investors looking to enter the short-term rental market.

Explore Airbnb-friendly properties for sale in Calgary and find the perfect investment to start or expand your short-term rental portfolio. Our curated listings feature homes, condos, and apartments in prime locations that allow short-term rentals, giving you access to properties with the best potential for success.

By investing in Calgary's Airbnb market, you can enjoy the benefits of a thriving tourism industry, high returns, and the flexibility to adjust your rental strategy as the market evolves. Start your journey today and discover the advantages of owning an Airbnb property in this dynamic and growing city.

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Time in the Market vs. Timing the Market: Why Long-Term Investment in Calgary Real Estate Pays Off

When it comes to real estate, especially in a dynamic market like Calgary, Alberta, there's an old adage that holds true: "Time in the market is more important than timing the market." Over the past several years, Calgary's real estate market has seen its share of fluctuations, but one trend remains constant—the long-term growth of property values. This article dives into how this principle benefits home buyers, sellers, and real estate investors.

For Home Buyers: Stability and Growth Over Time

Home buyers in Calgary should consider the value of holding onto their properties over the long term rather than trying to time their purchase perfectly. Historical data since 2019 reveals a consistent upward trajectory in the average prices of homes sold in Calgary. For instance, the average price in January 2019 was around $450,752. By August 2024, this had increased to approximately $609,873. This steady growth illustrates that, despite economic uncertainties or short-term market dips, real estate in Calgary tends to appreciate over time.

Key Takeaway for Buyers: Buying a home is not just about finding the perfect deal at the right moment; it's about securing a property that will grow in value. The market's natural appreciation means that the longer you own a home, the more likely you are to see a substantial return on your investment.

For Home Sellers: Leverage Market Timing for Maximum Gains

Home sellers benefit significantly from holding their properties for a longer period. As seen in Calgary's market trends, home values have increased year over year, making the potential gains from selling much higher after several years of ownership. Sellers who bought in 2019 and held onto their property until 2024 likely saw a substantial return on investment.

However, it's essential for sellers to recognize that waiting for the "perfect" market conditions to sell may not always be feasible. Instead, understanding that the market generally trends upwards can encourage sellers to list their homes when they are personally ready, knowing that long-term growth will have increased their property's value.

Key Takeaway for Sellers: While timing can enhance sales profit, the overall market growth means you don't have to wait for the perfect peak to sell. Your property will likely have appreciated enough over several years to make any timing a good time to sell.

For Real Estate Investors: The Long Game Pays Off

For investors, real estate offers a tangible and historically reliable avenue for wealth accumulation. Calgary's real estate market is no exception. Since 2019, the average prices have shown resilience and growth, even in the face of global economic shifts. Investors who prioritize long-term ownership over trying to predict market highs and lows often find themselves with significant equity gains.

Real estate investment is about patience. The steady increase in Calgary home prices—from $450,752 in January 2019 to $609,873 in August 2024 demonstrates that real estate is a long-term wealth-building strategy. By focusing on holding properties rather than flipping them quickly, investors can maximize their returns through both appreciation and rental income.

Key Takeaway for Investors: Successful real estate investment in Calgary is less about buying low and selling high at precise moments and more about holding properties to benefit from consistent market growth. The longer your property stays in the market, the higher the return potential.

The Power of Patience in Real Estate

Whether you are a home buyer, seller, or investor, the message is clear: Calgary's real estate market rewards patience. Over time, property values have consistently appreciated, making long-term ownership a more strategic choice than attempting to time market highs and lows. Remember, it's not about the exact moment you buy or sell but how long you hold onto your property that counts. In Calgary's real estate market, patience truly is a virtue.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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.