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Misconception Regarding Bank Foreclosures

By: Joaquin Benitez

Misconception Regarding Bank Foreclosures

Tags: Homes in Calgary, Foreclosure rate, Foreclosures, Mortgage help, Calgary Foreclosures

If you have missed a few mortgage payments and are now receiving phone calls and threatening letters from your friendly collection agent representing the lending institution, you may be shocked by the information that I am about to share with you in this article.  There is a huge misconception among the general public, and especially with homeowners in financial distress, when it comes to...Read More

Millennials and Real Estate

By: Joaquin Benitez

Millennials and Real Estate

Tags: Calgary Real Estate, Millennials, Home prices, Real Estate, Investing

In this article, I am going to talk about the recent increase of home sales in Calgary and the impact of this demographic group of people called “The Millennial” in the real estate market.    Since January of this year we have seen a dramatic increase in real estate sales in Calgary. Many new home buyers are beginning to take advantage of the low home prices as a result o...Read More

The Foreclosure Rate in Alberta is up 25% With no end in sight

By: Joaquin Benitez

The Foreclosure Rate in Alberta is up 25% With no end in sight

Tags: Foreclosure

  There was an article published by Global News in May 2017 that reported that over the last 2 years, Alberta’s foreclosure rate had increased by 25%. http://globalnews.ca/news/3455634/foreclosures-in-alberta-up-about-25-annually-for-past-2-years/  Although, the job market in Alberta seems to be more stable, there are a number of people still searching for employment, mainly in...Read More

WHY WORK WITH A REALTOR®?

By: Joaquin Benitez

WHY WORK WITH A REALTOR®?

Tags: WHY WORK WITH A REALTOR®?

  Why should you consider hiring a real estate agent to help you buy or sell your home? Finding the right real estate agent to work with requires you doing your homework, and it is a decision that could cost or save you thousands of dollars. Keep in mind that the individual you choose will be handling the biggest financial investment decision of your life. Needless to say, you must choose ...Read More

WORKING WITH A MORTGAGE PROFESSIONAL

By: Joaquin Benitez

WORKING WITH A MORTGAGE PROFESSIONAL

Tags: WORKING WITH A MORTGAGE PROFESSIONAL

      Are you thinking of buying a home? Great! It may be your first home, or perhaps your first home in a long time, but no matter how many times you’ve been through the process, one thing remains the same, it is a big job which requires a great deal of time and of course, money. Logically, the first step to finding the right home is to determine what typ...Read More

By: Joaquin Benitez

WHERE ARE OIL PRICES HEADED?

Tags: WHERE ARE OIL PRICES HEADED?

In this article, I am going to talk about oil prices and where oil prices are headed. There is much speculation as to the direction of oil prices and what the next move of the OPEC cartel will be. If you are a resident of the province of Alberta, there is an eager anticipation for the price of oil to go back up, or at least reach the level it was back in the early part of 2014, before the oil p...Read More

By: Joaquin Benitez

FOREIGN INVESTMENT AND REAL ESTATE IN CALGARY

Tags: FOREIGN INVESTMENT AND REAL ESTATE IN CALGARY

In this article, I am going to talk about Foreign Investment and Real Estate in Calgary.   Last year I read an article that stated that there are 19 million millionaires in China. I did a quick search and I could not find any evidence to confirm that statement. I suppose the number of millionaires in China is of little consequence, but one thing is for certain, many Chinese millionaires are t...Read More

By: Joaquin Benitez

THE OPPORTUNITY OF A LIFETIME

Tags: THE OPPORTUNITY OF A LIFETIME

In this article, I am going to talk about why investing in the Calgary real estate market is the opportunity of a lifetime. In one of my previous articles I wrote about the three compelling reasons to invest in the Calgary real estate market. In that article I listed price correction, the lowest interest rates in our lifetime, and plenty of inventory as the three powerful reasons to invest. Why...Read More

By: Joaquin Benitez

THE CURRENT CALGARY REAL ESTATE MARKET TREND

Tags: THE CURRENT CALGARY REAL ESTATE MARKET TREND

In this article, I am going to talk about the Current Calgary Real Estate Market Trend. Have you heard any good news lately about the real estate market in Calgary? Indeed, good news has begun to trickle in. We are finally seeing a ray of hope in the Calgary real estate market. After two and a half years of declining home prices we are now beginning to see the market turning around. There are ...Read More

THE IMPACT OF HIGH MORTGAGE RATES

By: Joaquin Benitez

THE IMPACT OF HIGH MORTGAGE RATES

Tags: THE IMPACT OF HIGH MORTGAGE RATES

In this article, I am going to talk about the impact of high mortgage rates and how it will affect your future home buying decision. In one of my previous articles, I wrote about the low interest rates we've been enjoying since the 2009 financial crisis and how there is strong evidence to suggest that interest rates will begin to increase over the next few months and years. Interest rates...Read More