Imagine a kid running a lemonade stand. He’s selling his product for 25 cents a cup. He’s doing okay. Sales are good. Then someone comes up to his stand and says, “I’ll give you 50 cents for a cup. But, I don’t have the money right now. Give me the lemonade and I’ll pay you later.”

Should he take the deal?

Chances are, you’d advise against it. After all, just because the price is high — in this case, double — doesn’t mean the offer is a good one. There’s a chance the customer won’t come back with the promised 50 cents!

That’s a simple example but applicable when considering multiple offers for your home. Yes, the offer with the highest price is often the one to accept, but there are situations when that’s not the case.

For example, you…

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JUST LISTED! OPEN HOUSE SUNDAY, OCT 24th, 2-4 PM 261213 Valley View Road, Rocky View County View the video here: https://www.youtube.com/watch?v=n333Lw216gw Visit here for full listing details: https://www.peshketeam.com/.../a1154177-261213-valley.../ $850,000 MLS A1154177 3 bedrooms 2 full, 1 half baths 2 car garage Call/text Yasin @ 403-681-0319 for more info or to book your showing 9.29 acres within just a few short mins to NW Calgary! This is the ideal location to enjoy all of Calgary's amenities while enjoying country living with stunning views overlooking Symons Valley Road! Fully finished 1288 sq ft walkout bungalow with another 1203 sq ft down plus a double 24x24 detached, heated garage and a…

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City of Calgary, Oct. 19, 2021 –

For the full report, please download CREB®'s Q3 2021 Calgary & Region Quarterly Update Report here.

The pace of growth and level of sales have eased from the record highs seen in the second quarter, but with 6,628 sales, this was the best third quarter since 2014.

Much of the strength in demand was likely driven by the low-lending-rate environment and increased savings among those whose incomes were not impacted by COVID-19 shutdowns.

"Sales have slowed from the record pace seen earlier this year, but some of this slowdown was likely related to limited improvements on the supply side of the market," said CREB® Chief Economist Ann-Marie Lurie.

"Supply-demand balances improved for buyers compared to what we…

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City of Calgary, Oct. 1, 2021 – Residential sales totalled 2,162 in September, nearing the record high for the month recorded in 2005. Further gains in new listings likely supported some of the sales growth that occurred this month.

“While sales activity in the fall tends to be slower than in the spring months, the continued strong sales are likely being driven by consumers who were unable to transact earlier in the year when supply levels had not yet adjusted to demand,” said CREB® chief economist Ann-Marie Lurie. “The market continues to favour the seller, but conditions are not as tight as they were earlier this year.”

Inventory levels in September eased to 5,607 units, keeping the months of supply below three…

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AMAZING LOT JUST LISTED! 305 Cottageclub Green at Ghost Lake, Rocky View County Visit here for full listing details: https://www.peshketeam.com/.../a1145128-305-cottageclub.../ $259,900 MLS A1145128 Call/text Yasin @ 403-681-0319 for more info or to book your showing! Wonderful opportunity you do not want to miss out on! This 48x105 lot is ready for you and your family to build your cottage on. This is a great location close to the boat launch and beach with a pathway behind as well. Escape from the busy city life by owning a piece of paradise at Ghost Lake. Build at your convenience and be part of a wonderful community. Amenities include boating on Ghost Lake, fishing, swimming section at the…

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City of Calgary, Sept. 1, 2021 

Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date basis, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years.

“Sales have far exceeded expectations throughout most of the pandemic, driven mostly by demand for detached homes. At the same time, supply could not keep pace and conditions shifted to favour the seller, something that has not happened in over six years,” said CREB® Chief Economist Ann-Marie Lurie.

“With more buyers than sellers, prices rose, providing opportunity for many of the…

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