When property values rise too fast compared to local incomes and economic basics, markets get risky. This situation is called a real estate bubble. It's when prices go up but don't follow a steady growth path. Calgary's housing market is a great example, with prices jumping 42% in five years before leveling off. The city's benchmark price is now $591,100, a 1.4% drop from last year, says Mark Verzyl...
In Calgary's competitive rental market, landlords face the challenge of selecting reliable tenants who will pay on time and maintain the property. Did you know that a thorough tenant screening process can significantly minimize financial risks and property damage for landlords? Mark Verzyl Real Estate, with over two decades of experience in Calgary property management, emphasizes the importance of...
Calgary’s dynamic economy and growing urban landscape make it a hotspot for strategic acquisitions. Whether you’re new to property ventures or expanding your portfolio, understanding local dynamics is critical. Partnering with seasoned professionals like Mark Verzyl Real Estate ensures access to actionable insights tailored to Alberta’s unique market conditions. With over a decade of experience,...
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