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Residential Real Estate in Calgary, Alberta
22 Nov 2006

Don't Miss The Boat

I spoke with an acquaintance today about the resale real estate market and he, like so many others, is nervous because "the bubble is about to burst" here in Alberta. In other words, residential real estate in Calgary, Alberta especially, is about to tank. This is a common view held by people who know just enough about the Alberta real estate market to be dangerous. Thankfully that danger is only to themselves as they sit by in fear watching the rest of us buy and sell property in the second best place to buy homes in the world.

Sure Calgary's homes market has taken a dip of late, but it is a predictable one and we know it will bounce back shortly, better than ever. Property listings are on the rise and the prices of homes are softening. It is one of the best times to buy real estate to hold for a few years and then sell again before the homes market really does start it's downward turn. This again, is predictable and if you do your homework you can take advantage of the Alberta real estate market and buy now to sell later.Property prices are taking a bit of a breather right now so buy homes if you can. It will swing up again in a few months and is predicted to keep going for another few years. The economic indicators show a strong Alberta real estate market with prices to match for some time, and now is the time to take the opportunity to buy property if you can. Don't watch - do!

Rhonda Hoffman


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