The Bonus Room

Hello Steven,

My conveyance team recently notified me that when our CIR agent submitted the paperwork for the deal you two are working on, he took the time to comment on your professionalism and said "Ability to engage well with his clients and other Realtors, knowledgable about the real estate process, prompt responses". This is the 5th time we have received this kind of feedback from one of our Realtors!

Have a great day!

Kristen

CIR Realty

We are very impressed by Steven Hill and his professionalism. He walked us throught the contract and legal details, ensuring we, as first time home buyers bully understood what we were signing. He went above and beyond, working outside of office hours and meeting us at a convenient location.

Steven's negotiation skills amazed us well beyond the initial purchase price of the house. THe whole purchaseing process was very fun and lighthearted and we knew we could trust Steven with the largest purchase of our lives. We highly recommend you call Steven to handle your house purchase or sale. We know we will be repeat clients in the future, as Steven treated us as if we were close friends.

Renee and Marcel

Calgary Real Estate sales and average home prices continue to increase into 2014. Since last year, prices have risen by 9.6% year over year and 1.1% month over month. Factors driving our seller's market are affordability, net migration, a tight rental market, and employment growth. Long term interest rates remain low and stable, encouranging buyers to enter the market. Also, our affordability is one of the best in the country compared to other major centres. Employment tends to be the greatest factor in our Calgary real estate market. As the Statistics Canada report issued recently showed, Alberta is responsable for almost all the new jobs generated in the past year - 82,300 of the 94,700 countrywide, or 87% - as the province saw employment rise an impressive 3.8%. Our rental vacancy rate hovers around 1.0% which is also pushing more buyers into the real estate market.

According to Canada Mortgage and Housing Corp., the Calgary CMA rental vacancy rate is forecast to rise to 1.2% this year. The CMHC said the average rento for a two-bedroom place in the Calgary region was $1224 in 2013 and that is forcast to rise to $1280 this year.

Currently, we are sitting at about a 2 months supply of Calgary Home properties available for Calgary Home purchasers. We are anticipating this will increase with ore homes coming on the Calgary market in March-May. We also anticipate that there will be more Calgary new home construction in 2014-2015. Housing starts in January increased well above what was recorded in January 2013. According to Canada Mortgage and Housing Corp., there were 1328 housing starts in the Calgary census metropolitan area during the month, up 84.7% from January 2013's 719 units. That should take the burder off the lack of supply in the resale market. The forecasted sales growth in 2014 is anticipated to be anywhere from 3.5-5% - this makes investing in real estate a good decision with hope of fairly quick equity growth.

Condo sales have increased in the $2-300,000 price range as some buyers look to more affordable options. Since the beginning of the year, condo sales have increased by 15% since last year, and new condo sales have increased by 11%. This trend is expected to continue.

In summary, figuring out the what, when and how to buy in the Calgary Real Estate Market can pose a lot of questions. Feel free to contact me Steven Hill, Calgary Realtor directly anytime with anyCalgary Realty market questions you may have.

(This just came to me from great people who had another great client purchasing experience)............

Hi Steven, I wanted to reach out to let you know that we are settling in very well into our new home and are so very happy. It was important to Kent and I to send you a follow-up note to say thank you for all your support through this process.

As you know, up until now we have been in a long distance relationship and decided to purchase a home together last summer. We were fereffed to you through a program that is offered through our organization; upon meeting you we both felt very at ease and comfortable with you and appreciated how attentive you were to finding out what we needed. I appreciate how you coordinated showings for us based on me being in Calgary - we had some whirlwind afternoons/evenings. You also were able to provide us with a realistic perspective of what we could find in the marketplace and how it is rapidly evolving; you professionally and graciously pointed out considerations for us to be aware of in every property we looked at - yes we did get a bit over excited about a couple properties that never would have worked for us - thanks for grounding us LOL!! When we found a place that we were excited to put an offer in, your support and advice enabled us to move forward in confidence. We were disappointed and disheartened when the deal fell through, as we really thought we had found our home, but with your encouragement we got back on the "house searching horse". When you asked us about if we had considered building a home, which we neither thought we could afford or find a builder to meet our time lines, you were quick to point out a new community in West Springs that was in our price range.

I'm happy to say that we are so grateful that our original offer fell through, as we are not in our brand new home and it's more that we could have ever expected - it is truly "Home".

Please accept our sincere appreciation for your support in this process and assisting us in getting to this place. We both appreciated and enjoyed working with you and look forward to continuing our relationship and friendship for many years to come.

All the best, and look forward to having you over soon!

Cheers, Kent & Kiran

Rentals Now Avaliable on MLS

(Taken from CREB.com)

No one knows Calgary market conditions better than a Calgary real estate professional. Your Calgary real estate professional has the specialized expertise that is necessary to realize a successful Calgary real estate transaction. This is the kind of transferable knowledge and value that you can expect when using rentals on the MLS System.

With this new service, you are able to use the trusted and professional services of your Realtor to help you find a Calgary property to rent using the MLS System, or for Calgary property owners, to leverage the system to find a Calgary tenant for your Calgary rental property. Calgary REALTORS have a long history of serving buyers and sellers. This same high quality service delivery is now available to the renting public through rentals on the MLS System.

It's no secret that Calgary is facing a limited rental market. It's more challenging and competitive than ever before to find the right Calgary Home property, in the right Calgary location, for the right price. How helpful would it be to have a Calgary market expert on your side? Someone who can share their Calgary industry knowledge to find you the right Calgary property?

The same questions are equally applicable for Calgary property owners who are looking to find the right tenant. Unlike other self-administered rental services, which often require a significant effort by the property owner to list, your Calgary REALTOR does this for you when using rentals on the MLS System. This includes advertising and promoting the Calgary rental listing, presenting the tenant aplication to rent, showing rental properties, and supplying the tenancy agreement and walk through documentation.

Participating Calgary REALTORS understand the relevant rules and regulations related to rentals on the MLS System and most importantly, they are your resource to help you list or find a property.

Hello again Everyone!

Thank you for stopping by for a quick read. This image is a prize draw that I will enter any of my clients who we complete a transaction together this year, until the final draws are made on Canada Day! Have a look!

Thanks for visiting,

Steven