If you want to move to Canmore in the future and you want to make sure that the quickly appreciating Canmore market will not run away from you, I have a plan for you. I found for my clients a house that will allow them to sleep well knowing that they can in the future either move into this property or exchange it for something suitable when their time comes to move in. Using this example as a template, I would be delighted to repeat this scenario with you.
Let’s do some math:
They...
Great Reset fans are not happy where your investment $ is going
Kevin Carmichael from Financial Post posted an article criticizing Canadians wager on real estate while the tech revolution advances.
He is concerned about how much money Canadians are pumping into the real estate market, how detrimental it is to the health of our economy and the productivity of our nation.
He writes how “embarrassing” it is that they are not betting on the digital and carbon-neutral economy...
My all-time guru Ray Dalio dropped that bomb at the annual meeting of business and political stars of the world at Davos. And he also made a plea to the world on Twitter: “I believe we are on the brink of a terrible civil war ... where we are at an inflection point between entering a type of hell of fighting or pulling back to work together for peace and prosperity.”
He also criticized the current stock market, where everybody wants in, not understanding principles of margin and ...
I have read a very good, logical, and very short article written by Vuk Vukovic published in Seeking Alpha. I picked up a few excerpts from it and then added my own comment in italics at the very end. The article talks mainly about Bitcoin, but I do not believe...
Good news: Prices are going up. Bad news: There is a very low inventory. We at RE/MAX Alpine Realty did some number crunching and situational analysis. At first, let’s have a quick look at some year over year trend comparisons (DOM=Days On Market, PSF= price per square foot):
Year over Year averages show a 5% increase in price:
2019 519 Sales, 69 DOM, Price $713,000
2020 663 Sales, 72 DOM, Price $748,000
Comparison of 4th quarter averages show a dramatic, 12%, increase in PSF:
2019...
While it is definitely not an exodus, the re-location trend across the Canadian housing market is real. Based on anecdotal evidence in Canmore, about 28% of clients buying in Canmore are now “work from home and move away from big-city crowds".
With all this action in the market, RE/MAX Canada expects average residential prices to rise 4% to 6% in 2021. In my opinion, Calgary will likely be on the lower side of the scale but for Canmore, I believe, will be the upper side.
“Despite...
This article was written by Robert & Sam Kovacs (specialists in dividend investing) brings some hope to the devastated #realestate of Alberta big cities. #Canmore is doing just fine, "thanks" Covid-19 and desire of investors to park some money into hard assets of Real Estate when all western societies are in turmoil.
It's not as easy as that. No arguing that Renewables are on the secular rise. But Oil and Gas is in...
I am pretty sure many of you, no matter on which side of political spectrum you reside, are puzzled why we became so polarized. I found a very interesting interview on Farid Zacharia's GPS. Vox Editor-at-large Ezra Klein joins Fareed to discuss his new book, "Why We're Polarized", & just how hardwired humans are to divide between "us" & "them". Very interesting, I definitely have to buy this book! See for yourself and enjoy!
Thank you for your support of the ForeAbility 2020 event at Silvertip
It was my pleasure to host everyone at the 8th hole tent on what turned out to be a beautiful day in the Bow Valley...despite a rainy start. It’s great to meet other professionals who share a passion for golf and our community. Thank you again for supporting the Rocky Mountain Adaptive Initiative, who provide individuals with any disability the chance to access all sport and recreational activities in the Canadian Rockies....
