Excitement is Building

So I gotta say that I love my career! I love real estate, I love the Calgary Real Estate Market and I love it that things are really starting to heat up here! This is a great time to be helping people sell and buy houses here, the affordability gap is starting to close up a little bit and as long as the federal government doesn't mess with CMHC lending requirements I think we are going to be ok. Some Realtors® are talking about a bubble forming, that will only happen if we have a shortage of supply and an abundance of buyers like we did in 2006/2007. Keep in mind we had over 35,000 new people that moved to Calgary in 2006 and a lot of those people needed homes. Our population is still climbing but not at the same rates. We are in a very balanced market with an average of about 120 single family and condos coming on the market everyday. In my opinion the market here is strong and will continue to be one of the stronger markets in the country. If I were a betting man and betting on bubbles forming there are two markets that I would be worried about and they are Toronto and Vancouver. Vancouver mostly because of the huge amount of hype surrounding the Olympics, lets just wait and see how bad the "Olympic Hangover" is.

Ok that is it for now, keeping it short and simple! Don't forget to check me out on Facebook, Twitter and of course the new website that is almost ready for launch www.kelleyskar.com