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Thanks Kaden! Make sure to stay tuned for our new weekly drops. 🔥

Thank you for tuning in!!! 🔥🔥🔥

Not everyone knows the story and is as educated as yourself on the condo market 😉

Thanks for tuning in and the feedback! We will play around with some different audios.

@@brixrealestategroup keep grinding with the Calgary RE content!

Thanks! We are in good hands :) Appreciate you tuning in.

Although correlated; the stock market and interest rates are not in direct alignment. Rates will come down in 2024. We can see how this comment ages. Circle back with us in 3-9 months!

The Carbon Tax is definitely going to hurt the average Canadian. That being said; we will continue to provide the highest level of service and value and do just fine :) Nothing against Uber - but we make much better real estate professionals.

Can you share?

Agreed that our "senior" population is the actual demographic that is continuing to rise. You would be surprised however; at how many young families are looking for well kept original homes that they have the opportunity to renovate to their taste and liking. Many buyers would prefer to start from scratch Vs dealing with sub-par renovations and paying a premium as a result of this.

Completely agree! These Lake Communities are extremely popular in Calgary. 🌊🏡

Little background noise for entertainment!

⁠It is SUPER annoying!!!

Thank you Crystal! We appreciate your feedback and tuning in :) Any questions hit us up at info@brixrealestategroup.com

Depends on the price of oil which directly depends on whether we go into a full blown recession (oil prices sub 50 dollars a barrel) or another inflation cycle spurred on by reckless government spending and lowering of interest rates (oil over 100 dollars a barrel). You can clearly see that speculators and investors have shifted their focus away from Toronto and Vancouver and have moved into Calgary for greater returns. If a recession hits with low oil prices, it's very difficult to imagine a home selling for 700k in Calgary. You'd likely see the same result of the last boom bust cycle in Alberta.

Thank you! We appreciate you tuning into our video! Let us know how you make out at the dog park. 🐶

All of your points are valid and you have definitely studied the history of condos in Calgary. It will be interesting to see if the conversions create more saturation or get snapped up...definitely will depend on oil, net migration etc...which could stall in the coming years. The townhouse product will continue to perform extremely well as its the most in-between product type for more buyers. Appreciate your comment and if you need anything don't hesitate to reach out. info@brixrealestategroup.com

Do you have a specific question?

It truly is! One of the most popular lake communities in Calgary.

This was definitely a thought of mine back in 2013/2014 and was 100% the case up until a few years ago. Your timing was great... like you mentioned, Victoria has seen some incredible upside as well in the last decade. There is certainly a window of opportunity in Calgary for the next 2-3 years while our market finally catches up to some of the other major metropolitan cities (GTA/Lower Mainland) and subsidiary cities like Nanaimo, Victoria etc. Appreciate you tuning in and if you ever have any questions feel free to shoot us an email at info@brixrealestategroup.com.

In my personal opinion pre-construction has never had the same upside or appeal in Calgary and the surrounding areas. Pre-Con was (and is) extremely popular in the GTA and Vancouver due to the nature of assignment sales. Assignments are uncommon in Calgary so it is typically not as lucrative. (Most builders also have clauses in their contracts that prohibit assignment). If you're looking to invest in Calgary I would suggest several other options that are less risky and still have good upside. Feel free to email me at info@brixrealestategroup.com. Thank you for tuning in!

Several of those ones in the video were in that 400K range, and were sitting on the market for several days before selling. This is generally due to being priced above market value. The lower priced units in that 300K-375K range are extremely competitive. (A Sellers market; with overall low inventory).

Thank you! We appreciate you tuning into our channel. If there's any videos you would like to see in the future let us know.

Thanks for tuning in James!!

Thank you for tuning in Kice! Please email us at info@brixrealestategroup.com if you have any other questions about the communities in this video!

Agreed! Yes we have done quite a bit of work in Wolf Willow this year and there is a range of homes/townhouses/condos available in the community. If you'd like to send us an email at info@brixrealestategroup.com we will send you a personalized loom video of Wolf Willow so you have all the info you need. :)

It’s truly a beautiful property!!

Alberta is definitely realizing we need to continue to diversify our economy outside of oil and gas production; and remain malleable with the changing world and economic landscape. If we can continue to be innovative and embrace technology along with our base of oil and gas; our employment opportunities will continue to increase. As far as house prices continuing to rise...real estate ebbs and flows and there are boom and bust cycles. That being said...prices have always steadily increased for the last 100 years and is a safer investment compared to the stock market. Thanks for tuning in and your feedback!

@@brixrealestategroupit would be safer than the stock market if there was no leverage. It’s much easier to borrow for real estate than for stocks as it’s illiquid, allowing it to be secured. Historically real estate stocks have failed at high rates for that reason, high leverage = high risk. It’s the same personally. I like real estate because of the forced savings via equity as debt comes down versus renting, but Calgary in particular just hasn’t yielded capital appreciation for a decade. Next oil price crash and it slumps again. We will never be a diverse economy - oil and gas pays too well in the good times scooping up talent, nothing else can compete.

Thanks for the comment! Could you share what you mean by “working together to pump the market?”.

Thanks for your comment Dave! By empty, are you referring to vacant condos? Many investors with leases that have now completed are cashing in on equity and selling their units now that prices have recovered. (This would be a reason you see empty units). We are finally getting close to 2013/2014 levels in the condominium sector.

We are good thanks! Appreciate you tuning in.