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Glossary of Terms

Average days on market (DOM):Average number of days that a newly listed property was on the market before it sold. Average price:Total dollar sum of all sold prices divided by the total number of units sold. Benchmark price:The price of a typical home in an area. Benchmark home prices are calculated using a two-step process:Step […]

Property Types

Detached property: There are three different property types in the housing market. The largest and most influential segment is the detached market, which can be defined as a unit (home) that is not attached to any other unit. Attached property:  The attached segment of the housing market is extremely diverse. There are two different kinds […]

Questions?

Do you have a home-related question for a Calgary-based REALTOR®? You can ask literally anything, but if you’re looking for ideas, here are some examples of questions you could ask: How do I get the best mortgage? Why do condo fees exist? Which type of house should I choose?

May 2020

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Buying a Home

There are cracks in the foundation. Nothing structural. Nothing that’s going to threaten the stability of the home, but they’re there. Nooks, crannies and holes through which seeps an invisible threat. Colorless, odorless and undetectable by your average human, it is nonetheless the second leading cause of lung cancer in the United States. Radon gas […]