Patrick Murray Logo

Patrick Murray

Page 1 of 1312345...10...Last »

February 2019 Calgary Real Estate Market Report

With little change in the city’s economic climate and a continued shaky level of consumer confidence, the real estate market continues to see weak sales activity and elevated levels of inventory for the month end February 2019. Benchmark prices, inclusive… Continue reading

Timing the Bottom

“Has the market hit the bottom yet, or should I wait to buy a home?” This is a question that I field from potential home buyers on a regular basis. I understand the question completely. Nobody wants to overpay for… Continue reading

Should You Consider Your Primary Residence an Investment?

Purchasing a home is a big decision and it is one of the largest purchases that people will ever make in their lives. With this in mind, one wants to be sure that they are getting the best bang for… Continue reading

December 2018 Calgary Real Estate Market Report

The end of the year for the Calgary Real Estate market followed the theme from the rest of the year as Calgary was dogged by higher than average unemployment, strict mortgage lending criteria, increasing interest rates and an oil challenged… Continue reading

7 – 38 – 55

A conversation that often goes un-discussed between real estate professionals and their clients is the negotiation. Everybody wants to know how the Realtor will market their home for sale in order to attract a sale and what the commissions will… Continue reading

November 2018 Calgary Real Estate Market Report

This report is becoming a broken record of sorts. Market conditions in Calgary continue to be challenged due to higher than normal unemployment rates, higher lending rates, and continued challenges in the oil patch which so greatly affects many facets… Continue reading

Why Hire a Realtor?

You want to list your home for sale. The market is challenging. Interest rates are rising, there is higher than normal unemployment in the city and the lending rules are very strict, reducing your pool of potential buyers. Let’s not… Continue reading

October 2018 Market Report

City wide selling prices of homes continue to ease with a continuation of elevated inventory levels. For the fifth consecutive month citywide benchmark prices trended downward and now total $426,300. This is a year over year decline of 2.9 per… Continue reading

September 2018 Calgary Real Estate Market Report

Calgary continues to be a buyer’s market with no end in sight for the foreseeable future. Unemployment levels were up again in September to over eight per cent. This is coupled with the challenges for buyers with the new lending… Continue reading

Calgary’s Global Liveability Index Rating and its Significance

You have likely heard the news that Calgary has ranked fourth on The Economist’s Intelligence Unit’s Global Liveability Index 2018. This is exciting news for Calgarians whom already know Calgary is a great place in which to live. In fact,… Continue reading
Page 1 of 1312345...10...Last »