TERRI STEPHENS

Mulitple offers are happening in communities across Calgary.  I've been in recent mulitple offer situations - lined up and ready to go.  Brentwood, Mount Pleasant, and Coventry Hills in Calgary have seen this occur.

IS it the market (THE BUYER) driving this frenzy again or the (REAL ESTATE AGENTS).  "If it's priced right, the home will get mulitple offers" said one local realtor I spoke to today.  She had 5 offers coming in on one of her listings.

I had just this afternoon a Realtor call me up to advise that after I showed the property they had 2 offers coming in, they wanted to know if my buyer would be making one too?

 Interest Rates are way better than 19% in the 80's - Hello 4% or better???  Prices are really good out there for a home that may have been $40,000 higher a few months...a year ago. 

First time buyers are making their move. GOOD ON YA. 

I recently visited a few NEW HOME SALES CENTRES - they are selling homes too.  THE BUILDERS,  DARE I SAY IT....are RAISING THEIR HOME PRICES......

 Considering a MOVE - IT JUST MAY BE THE TIME TO DO IT.

Alberta is trying to pick a Provincial sport that will become symbolic like the "Wild Rose".

I like the idea, but the debate has come down to two...curling or bull riding-rodeo (Calgary Stampede).

They are both good - which one is hard to choose.  You've seen how big our curling bonspiel has become a huge hit with so many.  The Stampede an all its glory - goes hand in hand with being know as cattle country. 

In time we will see how the decision goes down.   Hardworking folks of Alberta will make valid points for both.

Just my two cents worth...interesting

Well I believe we are at the end of the price reductions for this year.  I know many sellers are waiting for an upswing in prices.  Our inventory is still high, so perhaps the rise in prices won't be as high as one would think.

Its still a great time for buyers to scoop up some real estate.  Prices and Incentives are high and many need to sell their current home NOW. 

 New Home Sales have been good, with a bit of a slow down for the upcoming holiday season, a normal trend.  Many New Home Builders are offering incentives and reduced prices to sell some inventory they current have on the market.  NEW HOME - WHY NOT.   Put your own twist and stamp on a new home, the feeling is pretty great - being the FIRST family to live in a home. 

 Cheers and Have a Great Remainder of 2007.