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Stories Tagged - David P Brown

Cody Stuart / CREB®Now
News

May 01, 2019 | Geoff Geddes

For Calgary renters looking to make the leap to homeownership, there might be no time like the present

If you're a renter in Calgary thinking of testing the waters of homeownership, it might be time to take the plunge.

Left to right: John Hripko, Laura O'Connell, Sam Crick & David P. Brown
News

June 20, 2018 | CREBNow

REALTOR® Q&A

You asked, we answered

The people have spoken! We asked you for your most pressing real estate questions, then threw them to our expert panel of experienced REALTORS®: John Hripko (Royal LePage Benchmark), Laura O'Connell (RE/MAX House of Real Estate), Sam Crick (RE/MAX Realty Professionals) and David P. Brown (The Real Estate Company Ltd.).
CREB®Now Archive
News

Jan. 10, 2018 | CREBNow

Two sides of the story

December sales activity rises again, but so does supply

Sales activity for all product types improved in December and pushed monthly sales to long-term averages for the second month in a row.

However, new listings also rose, keeping inventory elevated compared to typical levels for December. With more supply remaining compared to sales, benchmark prices edged down for the fifth consecutive month.

Courtesy Getty Images
News

Dec. 22, 2017 | Marty Hope

What they said in 2017

CREB®Now connected with some of Calgary's housing industry experts and leaders for their opinions on 2018. Here's what they had to say. . .

CREB®Now Archive
News

Dec. 06, 2017 | CREBNow

Home improvement

November marks a rise in sales

The November housing market was spurred by a rise in sales, particularly in the lower price ranges.
Sales totaled 1,411 units in November, an increase of 15 per cent over last year. This is comparable to longer-term averages for the month of November. Improved sales activity occurred in each of the housing segments, with most of the gains occurring in homes priced under $500,000.

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News

Nov. 29, 2017 | Kathleen Renne

Foreclosure frenzy

Foreclosed properties can be a bargain for savvy investors that do their homework

CREB® president David P. Brown offers a phrase of caution for those interested in purchasing a foreclosed property: "It's not for everybody. You get a home as is, where is."

One of the primary risks Brown identifies when it comes to purchasing a foreclosed property is that a buyer doesn't receive the same guarantees (e.g., that all the appliances are in working order) as with a regular sale.

News

Nov. 08, 2017 | CREBNow

Status quo for Calgary's housing market

Prices remain similar to last year, but ease in October

October's housing market conditions closely echoed previous months' trends, with easing sales, rising inventories and downward price pressure. Like last month, the monthly activity was not enough to derail gains that occurred earlier in the year.

News

Oct. 05, 2017 | CREBNow

The big picture

Inventory increases and sales drop in September, but overall sales for the year remain higher than last year

Strong gains in the first half of 2017 have put Calgary year-to-date sales at seven per cent above last years' levels and 11 per cent below long-term averages, but challenges remain with easing sales and rising new listings.

Inventories rose across all property types to 6,861 units, while both apartment- and attached-style properties saw the highest inventory on record for the month of September.

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News

Sept. 06, 2017 | Gerald Vander Pyl

Moving on up

Planning is crucial to a smooth and successful move

You've found the home of your dreams, made an offer and, eventually, sealed the deal – now it's time for the big move.

While moving day can be a stressful time, some advance planning can make the process run as smoothly as possible, while limiting the likelihood of unpleasant surprises.

First of all, you should know how to deal with a situation where the previous owner has saddled you with a dirty house or left-behind furniture on possession day.

“Subject to a satisfactory home inspection” is a condition of sale that frequently appears in purchase contracts.
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News

Sept. 13, 2017 | Geoff Geddes

Read the fine print

Conditions of sale are a fact of life for homebuyers and sellers alike

During any real estate transaction, buyers and sellers need to understand what conditions of sale are all about and how they can impact both parties.

"It's important to note that conditions of sale are for the buyer's benefit," said CREB® president David P. Brown.

"Often a seller will try to influence the conditions by requiring financing in four days instead of 10 or something like that, but a well-educated REALTOR® shouldn't allow it."

While there are no standard conditions of sale, two of the most common are "subject to financing approval" and "subject to a satisfactory home inspection."

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