January Real Estate Update 2020

2020 has begun and we have big plans for what is ahead.  

I’m happy that 2019 is in the past as it was difficult in many areas. With that said, if I can help you in any way, please reach out and I’ll do my best.

I am grateful for many elements of 2019. I am thankful that I had the opportunity to open a brokerage and I couldn’t have done it without you; my team, clients, business partners, friends and supporters. TODAY, January 11th, we are celebrating our first anniversary as Plintz Real Estate (we’re having a party, keep watch for details).

Our Brokerage was built over two decades of experience, learning, failing, adjusting, hustle, getting knocked down, getting back up, hard work, and always doing our best to stay ahead of the competition. Like everyone, we’re far from perfect but more important, we are far from finished. In fact, we’re just getting started.

A few important data points when it comes to the market.

The stats show that the market was reasonably flat for 2019. A stronger second half in 2019 was enough to push annual sales up by one percent. Total inventory is currently at its lowest in the past 2 years. This is significant if you’re a seller as this means there is less competition.

This is likely because some agents have pulled back and some sellers have given up and are choosing to wait it out.  Not us though, we are increasing our marketing, strengthening our team, refining our strategy, increasing our creativity, and working harder.

In a changing market, the expectations of buyers and sellers significantly changed.

These are all signs of a stabilizing market. It’s impossible to predict if we’re at the bottom and the market varies greatly bases on property type, prices, and location. But in every situation, there is always an upside, we just have to find it.

Hard work is what will get us there and hard work is what we are doing. This is the foundation of which we built Plintz Real Estate. We believed things had to change and we are working with the change instead of fighting against it.

Change is inevitable. Our industry, the economy, technology, resources, and people. Everything changes. We’re working towards a stronger community and a better future. That’s the change we’re after.

Let’s work together to get there.

 

For the detailed market statistics from the Calgary Real Estate Board for December 2019 click HERE.

Contact us directly for the stats on Airdrie, Cochrane, Rockyview, Bighorn or other areas in the Calgary region.

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