CONTACT

Did you hear the news? The BoC increased the overnight lending rate by 0.75%, which is another increase for the 5th time in a row. The Prime rate is expected to increase by 0.75% to 5.45% and Variable rate mortgages will increase by 0.75%.⁠

The Bank’s committed to price stability and will continue to do what is required to achieve a 2% inflation target. As the effects of monetary tightening work their way through the economy, the BoC will assess how much higher interest rates need to go to return inflation to its target. The current inflation rate is measured at 7.6% decreasing from 8.1% in the previous month.⁠

The next announcement is scheduled for October 26th and there's certainly hope that October will be more positive.⁠

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠

Read full post

#MidweekMotivation

Just embrace the journey you're on and always hold onto that inner child full of enthusiasm. You learn something new every day, you just have to start!⁠

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠
Read full post

Calgary housing sales totalled 18,694 units in the first half of 2022, with sales in the second quarter nearly matching the record high pace set in the first quarter of the year. 

This is NO surprise with eager consumers wanting to get into the market with low pre-approval rates. New listings struggled to keep pace leaving inventories relatively low and the months of supply relatively tight. This caused prices to trend up in the second quarter relative to both the previous quarter and year.

July saw a 1% increase from the Bank Of Canada. After 4 consecutive rate increases, the overnight lending rate has jumped to 2.5% and pushed mortgage rates up to their highest levels in over a decade. The lending rate increases have impacted home sales and are expected to weigh on sales over the second half of the year, offsetting some of the strong gains reported over the first half of the year. 

Supply adjustments in the market have been slow however, the pullback in demand is expected to help support more balanced conditions. With market conditions easing and a higher cost of borrowing, prices are expected to trend down in the second half of the year, offsetting some of the stronger than expected gains in the first half of the year. 

Despite the pullbacks, we anticipate that the annual benchmark price will remain higher than levels reported last year.

Click here to read more! Contact me with your questions!

Jason Streich⁠ 
Greater Calgary Real Estate⁠ 
403 807 2204⁠ 
jstriech@shaw.ca⁠
Read full post

Having to evacuate your house suddenly for an emergency can be terrifying. The information here provides tips to help you to prepare ahead of time so you will be able to grab what you need and go.⁠

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠
Read full post

This one has it all! Choose a quiet Cul De Sac Street in Panorama Hills! An incredible 6,522 sq/ft pie lot with a massive deck off the back! 

226 Panamount Grove NW, Calgary, AB
MLS#: A1251401

1,878 sq/ft
3 BEDROOMS
3 BATHROOMS
BUILT-IN: 2002

Features a spacious main floor, large kitchen, bonus room, maple cabinetry, walkthrough pantry, breakfast bar, dining room, gas fireplace, den, and unspoiled basement!

**VIEW FULL LISTING**

Two blocks around the corner from Panorama Hills school, close to shopping, transit and more! Contact me with your questions and book a private showing.

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca

Read full post

Wondering what's happening in the city this weekend? Here's a list of a few activity and events that might be of interest to you.

1. Marda Gras Street Festival

When: August 14th, 2022
Where: Marda Loop, 33rd Ave SW, Calgary
Cost: FREE

Marda Gras Street Festival is a pedestrian-friendly event and enjoys discovering new sounds, tastes and wares during this New Orleans themed festival. Come and enjoy live music, dance and cultural performances, a fun kids area, unique shopping and lots of great food! There is something for each member of the family and best of all it’s no charge to attend!

2. Calgary Korean Day Festival

When: August 13th, 2022
Where: Saint Patrick's Island Park, 1300 Zoo Rd NE, Calgary
Cost: FREE

Korean Day Festival is open for anyone to broaden their understanding of the unique Korean culture, while promoting a joyful sense of multiculturalism and diverse community in Calgary. In this Korean festival, where various sights and foods are prepared, various sports events including Taekwondo demonstration, various folk games such as raised kick, throw throw, group rope jumping, airplay, and face painting and play areas. Gilnori, Samulnori and various colorful and colorful multi-ethnic performances including various traditional Korean folk performances.

3. Franco Festival Calgary

When: August 13th, 2022
Where: Olympic Plaza, Calgary
Cost: FREE

The Calgary Franco Festival promotes, and shares the cultural richness of Calgary’s large Francophone community in all its diversity with the general public. The Festival will offer performances of music and dance with artists representing the diversity of the Francophonie, a cultural village where you could discover multiple products from different cultures, a children’s village and a bistro and a tasting corner, all offered in a family atmosphere and safe.

FFC is a celebration of many diverse Francophone cultures (Africa, North- America, South-America, and Europe) through dance, music, food, arts & crafts. This is a family event with activities for all ages and all nations!

Click here for more information.
Read full post

"Having more and more won't solve the problem, and happiness does not lie in possessions, or even relationships. The answer lies within ourselves. If we can't find peace and happiness there, it's not going to come from the outside." - Tenzin Palmo

What do you do to acknowledge and appreciate what you do have?

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠
Read full post

I'll work for you every step of the way! My combination of skill, experience, and technology ensures that I can sell your home for the highest possible price and in the shortest period of time.

I have the tools to meet the demands of a highly competitive, modern market. I know the market extremely well like when it moves up or down which can happen quickly.I know the issues surrounding RPR’s, whether there are issues to be dealt with and whether you need a new RPR.

I'm equipped to market properties, stage and pre inspect for future issues when you get an offer. I have access to MLS and a huge amount of other sites including most other realtors who have websites. I know how to negotiate terms and conditions in your favour and understand what terms and conditions are needed for you so your deal aligns in a positive way.

Find out what your home is worth today!

Home Evaluation Form

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠
Read full post

Wondering what's happening in the city this weekend? Here's a list of a few activity and events that might be of interest to you.⁠ ⁠

1. Floating Lantern  Peace Ceremony⁠ ⁠

Come and enjoy the breathtaking beauty of lanterns on the Olympic Plaza pool. This is an annual peace event that shares a resolution to build a peaceful society and a world free from violence, especially the Summer family event filled with music performance, inspirational speeches, and beauty of lanterns on the pool.⁠ ⁠

When: Saturday August 6th, 2022⁠
Where: Olympic Plaza, 228 8 Ave SE, Calgary⁠ Cost:
FREE⁠ ⁠

2. Movie Night at Trico Centre⁠ ⁠

Trico Centre and Green Door Preschool invite you to our second annual movie night, “Jumanji: Welcome to the Jungle”! ⁠ ⁠ The Mckenzie 210 Scouts will be on-site selling concession food as a fundraiser for their group, so please bring change to fill up on tasty treats!⁠ ⁠

When: Saturday August 6th, 2022⁠
Where: Trico Centre, 11150 Bonaventure Drive SE, Calgary⁠
Cost: $5⁠ ⁠

3. Superhero Day at the Library⁠ ⁠

Visit your local Library on August 6 between 1:00 – 4:00 pm for free, family fun! Kids can put their superhero skills to the test with games, crafts and more. ⁠Enjoy free treats, giveaways, a special Superhero Storytime at all locations and guest appearances from your favourite superheroes at select locations!⁠ ⁠

When: Saturday August 6th, 2022⁠
Where: All Calgary Public Library Locations, Calgary⁠
Cost: FREE⁠ ⁠

Click here for more information.⁠
Read full post

A rare find in Point McKay - A real 2 STOREY floor plan with a full basement!

270 Point Mckay Terrace NW, Calgary, AB
MLS#: A1240890

1,355 SQ/FT
2 BEDROOMS
4 BATHROOMS
BUILT-IN: 1979
CONDO FEE: $405.00

Imagine living on a quiet street in this inner city neighbourhood walking distance to the Bow River and it's many pathways, a short stroll to Edworthy Park and an easy commute to downtown, Children's and Foothills Hospital as well as the U of C.

Enjoy a sunny south deck that offers great privacy and lots of space to BBQ and relax.

This home has a modern kitchen with white cabinets, stone back splash cozy breakfast nook and Eco friendly bamboo flooring. A bright open floor plan with dining area connected to the living room is a great spot to entertain guests and stretch out indoors and outdoors to your maintenance free south facing deck.

**VIEW FULL LISTING**

Upstairs you will find a cheerful skylight in the staircase leading to 2 generous sized bedrooms, each with its own full bath. The master has a walk in closet and private deck of its own.

Beat the summer heat in the full basement compete with a 2pc bath and 6 person hot tub in a cedar lined room, as well as family room with wet bar.

Enjoy tons of storage so that you have all the room you need in your oversize single garage.

Walk to Lic's Ice Cream- the Riverside Spa- Riverside Gym- Tennis - Swimming Pool- Nove 9 Diner- Point McKay Dental this is the innercity lifestyle you deserve.

Contact me with your questions and book a private showing.

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠

Read full post

You can think... and think.... and think some more, but sometimes you have to act immediately when you see exactly what you want. In today's market, homes are going quickly and frequently not without multiple offers.

Start finding your next home today by contacting me to set up a customized home search.

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠

Read full post

What book would you be reading on a Tuesday morning? Click here to reply.

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠
www.jasonstreich.com⁠

Read full post

The easiest way to bring a smile to the face of a Realtor... so if you know of someone who is interested in selling their Calgary home, connect the two of us!

The market doesn't seem to be slowing down and with the summer weather here, it's a great time for photos and videos to really help showcase everything your home has to offer.

Jason Streich⁠
Greater Calgary
Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠
Read full post

The world is your oyster and no matter where life takes you, always remember where you came from and where you got started. ⁠There will always be a piece of home with you wherever life takes you. ⁠

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠
www.jasonstreich.com⁠

Read full post

Do you have animals? Are you concerned about how they may react to moving? ⁠Here are 4 ways to make your animal more comfortable when moving. Have anything to add?

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠

Read full post

It's the what if's and the maybe's that keep us from taking a step forward. ⁠It's easy to stay stuck in the cycle of planning our dreams but not acting on them out of fear and doubt. ⁠

It's good to remember that no matter the action there's a consequence (good or bad) and you'll always figure it out.⁠

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠

Read full post

Sales activity slowed down in May with 3,071 sales but levels are still slightly higher than last year’s record high + are far stronger than typical levels of activity recorded in May.

There was a decline in new listings but a strong pullback in sales was enough to cause inventories to trend up relative to levels seen over the past few months. The monthly gains did take off some of the pressure in the market but with just under two months of supply, the market continues to favour the seller.

The tight market condition contribute to further price gains in the market, but the pace of growth has eased relative to what occurred over the previous four months. Overall, the benchmark price reached $546,000 in May, over 14% higher than last year’s levels.

Are you in the market to sell your home? Contact me to discuss how this impacts your decision!

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠

Click here to read the full Market Stats Package.

Read full post

It's all about perception! Readjust... find the positives and allow yourself to soar!

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠

Read full post

As mortgage rates continue to rise, Canadian home sales dropped by 12.6% in April, following a 6% decline between February and March. While prices remain historically high, they slowed noticeably on a month-over-month basis.

Contact me to discuss how this impacts your buying or selling decision!

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠
 
Read full post

Do I need to hire an agent? Do I need to market my home online? Will I be guaranteed a buyer? There are copious amounts of questions one could be asking when they're considering listing their home in Calgary.

Have you considered these items while on your home selling journey?

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠

Read full post
Blogs
Posts By Date
Categories
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.