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It is never easy to watch loved ones grow old – especially when it is your own parents. The aging process invariably calls for one or more lifestyle changes and moves along the way. These moves are often fraught with a tremendous amount of emotion and anxiety. Not everyone is fortunate enough to age in place. When the time comes to make some tough decisions and real estate moves, it helps to have a trusted Realtor who understands the range of options available and can guide you and your parents toward the best possible living arrangement to accommodate your parent’s needs.

We often work with clients whose primary goal is to relocate their aging parents closer to their loved ones. In addition to selling the parental home, we try to focus on educating the entire family on the choices available to today’s seniors in the Calgary area. These choices involve everything from downtown apartments to secondary suites, to 55+ communities, assisted living and long-term care facilities.

Since Canadians can boast of one of the world’s longest life expectancies, the challenge of meeting the needs of a growing elder population is a major hot topic in today’s housing industry. It is difficult to navigate the multitude of choices available, but as professional Realtors, we are here to help. Many of us have already or will soon face the same difficult choices to be made with our own parents. When your parents start to slow down and need more help with everyday tasks, it may be time to sit down and talk as a family before the situation worsens. A professional Realtor can bring objectivity and clarity to a confusing and deeply emotional situation.

Although we all face common problems and tough choices, we start with the premise that every family is unique. While many elderly people remain fully-independent and simply want to downsize and simplify their lifestyle, others will require a higher level of monitoring and hands-on care. Transitioning to a new living arrangement requires respect and sensitivity as well as knowledge of the housing options and resources available. When your family decides that it may be time for Mom and Dad to make a move, take some of the stress out of a difficult situation. Resolve to work with a Realtor who you can trust to take care of the details involved in a major move while you take care of Mom and Dad.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

Successful Realtors are skilled at wearing multiple hats.  The “best of the best” are not only knowledgeable and experienced in the nuances of their market, but they also have good business sense, fine-tuned instincts and the ability to lead a team of professionals working on behalf of the buyer or seller.   They have the ability to utilize their knowledge and experience to solve problems.  When there is a hiccup in your pending transaction or a delay in financing, you need to know that the Realtor quarterbacking the deal will have the right set of skills and know-how to get everything back on track.

A good business person utilizes a proven system based on “best practices” and ensures that all professionals and staff under their wing do the same.  At the same time, they need to stay flexible and adapt to changes when needed. The real estate industry is always evolving, especially in a fast-paced market such as Calgary.  The digital age has revolutionized the way we do business. In order to best serve our clients, all Realtors need to stay on top of the latest tools and trends.

Successful business people invariably understand the value of teamwork and they surround themselves with talented, hard-working team players.    When choosing a Realtor to represent your interests, look for someone who can lead a team and is confident enough to surround themselves with proven winners.  Look for signs of a cooperative work environment where individual strengths and skills are nurtured and utilized – where everyone is working together toward a common goal.

Finally, in deciding if a Realtor has the leadership qualities and good business sense to get the job done, do not forget the importance of good instincts and the ability to read and handle all kinds of people.  No matter how many deals a Realtor has closed, there are always new twists, turns and unforeseen circumstances.  The ability to anticipate the unknown and adjust accordingly is another mark of a good leader.

When choosing a Realtor, look for the “best of the best” – proven winners with in-depth knowledge of the local market and digital marketing, as well as the ability to motivate people, lead a team of professionals and anticipate problems before they arise.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

For many Calgary home buyers and sellers, the prospect of packing up to move is the least enjoyable part of the process. While it certainly does involve a good deal of hard work, moving does not have to be so painful. Follow these simple tips to ensure a smooth, stress-free moving experience.

Get an early start. – It is never too early to start planning for the big move. Whether you are a seller preparing to list your property or a buyer looking to upsize, downsize or relocate, the time to start packing is when you first decide to make a move. Seize the opportunity and begin by decluttering and disposing of items you have not used in years. Consider yard sales and charitable donations as ways to lighten your load as you move forward to the next exciting chapter in your life. Next, focus on packing non-essential items that you do not need every day such as books, photo albums, seasonal decorations, fine china and collectibles. Aim to have the bulk of your belongings wrapped, boxed and ready to go well in advance of moving day.

Keep moving supplies handy. – There are websites that can help you estimate the number of boxes you will need along with rolls of masking tape, bubble wrap and markers for labeling contents. Order your supplies in bulk and remember to label boxes by room and contents. Don’t make the mistake of thinking you will remember what is in each box. You will not!

Stay away from oversized boxes. – Unless you a professional weight lifter, steer away from oversized boxes that are cumbersome to lift and often end up breaking under the weight of their contents. Stick to small and medium-sized boxes and reserve a few large ones for lightweight pillows and comforters. Your back will thank you for this wise decision.

Invite friends and family to help. – Who says moving can’t be fun? Chances are you have helped someone move over the years. Give your friends and family an opportunity to return the favour. Crank up some music, supply food and drinks, and enjoy the company of your favourite people as you pack your belongings.

Buying and selling property and uprooting your life to a new home can be a complicated affair. Regardless of you are in the Calgary area moving to another city, there will be countless dates and tasks to monitor and coordinate. On the business front, let a trusted Calgary Realtor guide you through the process and keep the stress meter as low as possible. On the home front, stay organized and follow these tips to stay on track for a smooth move.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

Forget what you think you may have learned from watching HGTV.  There is nothing simple or routine about most real estate transactions.  Almost every home sale or purchase is accompanied by some complication that requires the knowledge, guidance and oversight of a trained, experienced professional.  So, before you consider going the FSBO route, consider these five top reasons for hiring a Realtor.

Realtors have access to all sectors of the local MLS data. – The general public can only access a small portion of the MLS information that is available to licensed Realtors who subscribe to the local MLS service.  Realtors, on the other hand, can view current and historical sales information and comparable sales data to measure market trends. This information is critical when it comes to pricing your home to sell for top dollar and finding the best home for you in the right neighbourhood.

It takes time to sell a house – lots of time. – Be honest.  Do you really have the time it takes to conduct open houses and arrange for showings on short notice?  Interested buyers will be put off if they cannot visit a home when it is convenient for them.  Today’s homes are marketed across multiple media platforms.  In order to compete with other buyers and sellers, you will need to utilize all available forums.  A professional Realtor is familiar with the process and prepared to market your home in the most efficient and effective manner.

Selling real property requires the services of a trained real estate professional. – Calgary is a volatile, fast-moving market.   Sometimes it seems that the rules and regulations governing our industry change as quickly as the market sometimes swings.  The paperwork alone is enough to drown a layman without proper training.  Think twice before treating the sale and purchase of your home – your most valuable asset – as a DIY project.  You would not try to take apart the engine on your new sports car without any mechanical training, would you?  Treat your home as the valuable asset it is and hire a professional to run the show.

It is very difficult to represent yourself. – The best negotiators are able to maintain complete objectivity at the bargaining table.  It is almost impossible to remain objective when emotion is involved and buying and selling homes triggers all kinds of emotions in buyers and sellers.  That is why you need a Realtor to represent you and defend your interests.

Successful Realtors work with a dependable network of professionals. – When you buy or sell a home, you will also be working with a small army of other real estate professionals – lawyers, mortgage loan representatives, home inspectors, appraisers and contractors – to name a few.  An experienced Realtor will have relationships with a network of proven professionals you can rely upon.  Even more importantly, your Realtor will serve as the team leader – pushing, prodding and cajoling when necessary to make sure your transaction receives the full attention it deserves from everyone involved.

In the final analysis, you are unlikely to save any money by foregoing the services of a Realtor.  Savvy buyers who do stumble upon your listing often feel entitled to deduct the cost of a commission from their offer.  Even worse, properties that languish on the market for too long become stale and subject to speculation about hidden defects.  In the end, sellers are forced to drop their price and accept less than the home is really worth.  Save yourself time, stress, and money and work with an experienced Realtor to achieve your real estate goals.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

As an increasingly influential centre in world social and economic markets, Calgary can boast of a strong and growing multicultural base.  Thousands of immigrants continue to relocate to Calgary each year and by 2020, the immigrant population is expected to exceed half a million people, or roughly 30% of the city’s population.

Calgary looks and sounds different than it did years ago.  In 1959, the ratio of Caucasians to visible minorities in the city was 350:1.  Today that ratio is 5:1.  Strolling through the city centre, you can hear conversations in English, Punjabi, Chinese and Spanish – just a few of the dozens of languages and hundreds of dialects found here.  According to census figures, a full 30% of the city’s residents report that English is not the primary language spoken in their homes.  The language, culture and rich ethnic foods that the immigrant population brings to Calgary all contribute to the city’s emergence as a vital and vibrant global city in every sense of the word.

While the oil and energy industries were booming in the early part of this century, highly-educated and highly-skilled young people poured into Calgary in search of economic opportunity.  They came, they worked hard and they stayed in a city that understands how to welcome immigrants and weave a multicultural thread through the city’s own unique fabric.

Life in a city as diverse and vibrant as Calgary infuses its resident with a sophisticated worldview, cultural appreciation and sense of tolerance that is second to none.   Calgary is a youthful city that embraces and celebrates its diversity.  In addition to the annual Stampede and arts & music festivals, anyone looking to sample a bit of ethnic food and culture on the weekend can do so at the city’s Serbian, Greek and Turkish Festivals, Fiestaval Latino, Carifest, Brazilfest, or any of the dozens of other events celebrating rich cultural heritages throughout the year.  For this and other reasons, many residents believe that Calgary is a perfect city for raising a family.

Canadians have a long history of appreciating multiculturalism and promoting inclusion – both in government policy and legislation and, in the legendary hospitality extended to newcomers in our day to day lives.  Appreciation for multiculturalism is just one of the many components that work together to make Calgary a great place to live and work.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

Spend some time in Calgary this holiday season and you may find yourself wishing you lived here year-round.  Christmas time in Calgary is an experience to cherish – a magical feast to delight the senses.  When it comes to holiday decorating and Christmas light extravaganzas, Calgary knows how to put on a show.

Here is a guide to a few of our favourite Calgary Christmas light shows – sure to dazzle your eyes and warm your heart.

Kick it Off Downtown – Start with a walking tour of Calgary’s vibrant downtown.  Sign up for a chaperoned walk or map your own route.  In either case, you won’t want to miss the skating rink at Olympic Plaza, pedestrian-only Stephen Ave., and Devonian Gardens.  The CORE Shopping Centre will feature over 100 decorated Christmas trees this year.

Zoolights – Unless you are ready to count the lights, you will have to trust the creative minds behind the annual Zoolights show at the Calgary Zoo.  They claim that there are more than 1.5 million twinkling lights and 200 exhibits winding through the zoo’s paths, but we suspect that there may actually be more.   This event, now in its 19^th year, is the largest seasonal light show in western Canada and a beloved annual tradition enjoyed by Calgary residents and visitors.  Dress warm, grab a cup of hot cocoa and enjoy the spectacular imagery with friends and family.

Lions Festival of Lights– This year marks the 30^th anniversary of the Festival of Lights, organized and produced by Lions Club members and volunteers.  The brilliant drive-by display along 14^th Street NW boasts of more than 300,000 LED lights for the roughly 56,000 visitors who visit the display each day.  Best of all – it is absolutely FREE.  Come out with your family and enjoy the drive.

Airdrie Festival of Lights – Situated only about 20 minutes outside of Calgary, this annual light show organized by a not-for-profit foundation, has worked hard this year to update its light display to comply with new electrical code requirements.  Why not come out and show appreciation for so much hard work?  The light show incorporates train rides, fire pits, skating and hot beverages in a beautiful winter setting.

We hope that Calgary’s dazzling Christmas light shows brighten your and provide you with some Christmas memories to treasure forever.  Get your glow on this holiday season and don’t forget to pay it forward.  Wishing you a very merry Christmas – from our family to yours!

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

Marathon in Bordeaux, Sept 2017

All in the support of The Vintage Fund 2016 (Mental Health is This Years Charity), we are auctioning off a Marathon week in Bordeaux. On Saturday, Nov 5, 2016 at Willow Park Wines & Spirits 23rd annual Wine Charity, James Sichel (Chateau Angludet), Peggy Perry (Willow Park Wines & Spirits) and Bryon Howard (RE/MAX House of Real Estate)  are offering a Marathon Event of a Life Time!

Please considering purchasing a ticket for Willow Park Wines & Spirits Charity Wine Auction on Nov 5, 2016 – and bidding on this amazing auction item!

Marathon in Bordeaux, September 8th – 16th, 2017

Perhaps this should be described as two marathons.  You start with the Medoc Marathon on September 9th, 2017. Running on the Sichel Family Marathon Team, owners of Chateau Angludet and Chateau Palmer comprised of the Sichel family and your coach Bryon Howard, an Ironman competitor, extreme sport enthusiast and multi-marathon runner.

The Medoc Marathon is described as being the longest marathon in the world. You run through the vineyards of 42 Chateaus in the Medoc, by the estates in St. Julian, Paulliac, St Estephe and other appellations of this very famous region. This is a fun run with outrageous costumes and the opportunity to taste at 42 of Bordeaux’s most famous estates.  Bryon Howard will begin your tailored training program 18 weeks prior to Marathon Day on May 8, 2017 based on your existing fitness and goals. He will train and educate you for maximum race day performance & maximum fun!

Prior to the marathon, you will spend the night at Chateau Lagrange with Bryon Howard and that evening you will enjoy dinner with the Lagrange marathon team. After the marathon, a celebratory dinner will take place at Chateau Angludet. Then the
second marathon begins! A week of visiting more than 10 French Chateaus, tasting first growth wines, visiting top estates, taking meals with the winemakers all the while staying at Chateau Lagrange.
As you overindulge, you are safe in the knowledge that you burned a few extra calories at the beginning of the week!

Donated by Chateau Angludet’s James Sichel, Willow Park Wines & Spirits – Peggy Perry, & Bryon Howard

About Bryon Howard

Bryon Howard is a RE/MAX Realtor in Calgary, dad, husband & lover of self propelled sport. He and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

International publications such as The New York Times and The Economist are increasingly aware of what the residents of Calgary have known for a very long time – Calgary is a great place to call home!  For the past several years, London’s The Economist has consistently ranked Calgary in the Top 5 among the world’s “Most Livable Cities.”   In 2014, The New York Times awarded Calgary the No. 17 spot on its annual list of “52 Places to Go.”  We all have friends and acquaintances that took the advice of travel editors and planned a trip to Calgary only to end up moving here on a permanent basis.  They fell in love with Calgary for many of the same reasons we all love it.  Here are just a few of the reasons we all believe Calgary is such a great place to live.

The Best of All Worlds

Visitors and newcomers quickly discover that life in Calgary eliminates the sometimes-agonizing quandary of city vs. country.  Calgary has it all – clean, mountain living with a cosmopolitan vibe.  There are not many major cities in the world where you can enjoy a majestic mountain view from a downtown office or apartment loft.  It is a well-planned city that is simple to navigate. Designed on a grid and broken down into directional quadrants – North East (NE) North West (NW) South East (SE) and South West (SW).  Numbered streets and avenues make it easy to get around. Streets always run north-south and avenues always run east-west. At the axis, where the numbering originates, are Centre Street and Centre Avenue – navigational ground zero. The city has kept pace with its population growth with new infrastructure being introduced on a regular basis to quell any issues

Housing Choices In-Line with Modern Trends

The multitude of housing options available to residents of Calgary is perfectly in synch with the wants, needs and demands of today’s homebuyers and renters who are migrating back to city centres in droves.  While these people appreciate the lifestyle and amenities available to them in downtown living, they also yearn for the small-town feel that is alive and thriving in Calgary’s many diverse neighbourhoods.

A City Built for the Active Lifestyle

Most Calgarians are 100% vested in an active, outdoor lifestyle and the city’s beautiful landscape never ceases to impress.  The scenic Bow River wanders right through the city and some of Canada’s most epic landscapes surround Calgary.  Calgary’s world-class system of parks and trails keeps nature accessible to all who live, work and play here.  There are over 8,000 hectares of parklands and 800 km of multi-use pathways connecting them.  Some of the world’s finest winter resorts are only a little more than an hour’s drive.  Whether it’s camping at Mount Kidd, ski weekends at Sunshine or a simple stroll along the Bow, there are outdoor options for all ages and tastes. No matter what time of the year, there are always well-maintained parks and pathways to enjoy.  It is almost impossible to stay indoors with so many year-round options.

Calgary has earned its burgeoning reputation as a “must see” destination.  During a period of rapid growth and migration, the city has retained its small town charm and sense of wonder.  Many of the people who chose Calgary as their home over the past decade came here for the jobs and ended up staying for the lifestyle.  We are fortunate to enjoy an exceptional quality of life here in Calgary and are both proud and grateful to call this youthful, vibrant city our home.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

Too many novice homebuyers and investors still make the rookie mistake of buying the right house in the wrong neighbourhood.  While most people are familiar with the real estate mantra – LOCATION, LOCATION, LOCATION – some buyers fall in love with the look, feel and features of a particular home and, as we all know, love is blind.  Location ends up getting trumped by the hard-to-resist lure of a pretty façade.  In truth, buyers are better off buying a home in the right neighbourhood that has only half the amenities on their wish list than buying their perfect dream home in the wrong neighbourhood.

Narrowing a property search to the right neighbourhoods requires the guidance and assistance of a professional Realtor who has a clear understanding of your purpose in buying and your short and long-term real estate goals.  Your Realtor also needs to get to know you a little on a personal level to help in targeting the neighbourhoods that will offer the best fit for your personality and lifestyle.  The right neighbourhood for an investor will not necessarily be the right neighbourhood for a young couple with school age children or a single person seeking access to downtown amenities.

In order to maximize short-term cash flow and long-term equity growth, investors need to search for properties in up-and-coming communities that attract quality tenants.  If you are intending to be a landlord near a university, access to public transit is a critical element since many students and faculty members do not own their own vehicles.  Homebuyers with children need family-friendly neighbourhoods with proximity to good schools, parks and recreational facilities.

There are a myriad of factors to consider when buying a home.  Pinpointing the right location is a function of all of these considerations.  Do you work?  Where do you work?  Do you have children?  How do you feel about commuting?   How do you spend your leisure time?  Are you a condo or a house buyer?  If you are an investor, what are you hoping to achieve?  Is this your first investment or part of a larger portfolio?  These are only a few of the questions to consider before launching a property search.  The answers to these questions, in the hands of a knowledgeable Realtor, will help determine the locations to focus on in your search.

Even though all clients come to the table with wildly-differing goals and expectations, everyone is looking to achieve a positive return on investment (ROI) and location has a huge influence on ROI. At the same time, if you are going to be living in the home, you want to be in a neighbourhood that will accommodate your needs and complement your lifestyle.  The suburban home you fell in love with at first sight may start to wear on your nerves if it involves a long commute.  And the downtown condo that is close to work may leave you disenchanted if you have always harboured dreams of large backyard barbecues and an expansive garden.

Pinpointing the right location with strong potential for both long term ROI and short-term comfort and satisfaction involves a delicate analysis that is best conducted with the help of an experienced and objective Realtor.  You will need a pro to help you weigh all factors and choose the right property in the right neighbourhood for you and your family.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.

The stars are historically aligning in Calgary to create near-perfect conditions for certain sectors of the real estate investment market.  Anyone still hesitant about owning investment property should realize that conditions may never again be as favorable as they are right now. Several economic and social trends are combining to create optimum conditions for the perfect storm!

• Economic Uncertainty – The free fall in gas and oil prices has contributed to an atmosphere of economic uncertainty.  A good number of jobs were lost in Western Canada and throughout the nation.  As a result, many workers are reluctant to buy a home and plant roots right now.  They want to maintain the flexibility to relocate quickly if a job opportunity demands that.  Renting remains their best option.

• Low Interest Rates – What is there to not like about today’s historically low-interest rates?  2015 witnessed not one but two quarter-point Bank Rate drops by the Bank of Canada.  The cost of money is as low now as it has been at any point in history.  The forecast for 2016 is for minor increases if any.

• Lower Construction Costs – Purpose-built housing and secondary suites cost only a fraction of what it takes to build a single-family detached home.  Lower costs equal higher returns.

• Liberal Party Platform – Prime Minster-elect Justin Trudeau and his victorious Liberal party have proposed $125 million in tax incentives designed to add to Canada’s stock of rental housing and promote the renovation of existing housing stock. The incentives will come in the form of the elimination of all GST on investment in affordable rental housing.

• Everybody is Renting – The shift toward renting vs. owning is not confined only to those uncertain about employment prospects. Everybody is doing it, including retirees!  The millennial generation may be igniting the fuel, but the trend is visible across all demographic groups, including the wealthy.  For many people, renting is simply the more attractive option for a myriad of reasons. There should be no shortage of renters in the Calgary market for years to come.

Rarely, forces come together so forcefully in favor of investment in one sector of the market. Those who wish to share in the profits are well-advised to speak to a reputable Realtor with a solid background in representing investors.

Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.

About Bryon Howard

Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.