November 2024 Newsletter

WHY NOVEMBER MIGHT BE THE BEST MONTH TO SELL YOUR HOUSE

Some owners hesitate to market their homes between Halloween and New Year's Day, believing
the holiday season to be an off-peak time to sell. But the idea that houses don't sell in November
and December comes from outdated historical trends.
In fact, several studies show that, on average, homes listed during this time are more likely to
sell, sell more quickly, and sell closer to the asking price. November, in particular, has some
unique advantages that make it an ideal time to sell. Here are two reasons why Thanksgiving
month might be the best time to sell your home.


MORE MOTIVATION


If buyers are looking for a home in November, they've either waited through the busy season in
hopes of a better deal, or they're facing their own time constraints due to work changes or
other reasons. For these highly motivated buyers, the traditional barriers to winter house-
hunting — bad weather, short days, holiday preparations — don't apply. If your house is available
for them to view in November, these buyers are more likely to make an offer close to the listing
price.


LESS COMPETITION


Because of the misconceptions about selling during winter, it's true that many sellers don't think
it's worth their time to try and sell their homes toward the end of the year, so they take their
homes off the market. Their loss of a potential buyer is your gain!
Serious buyers have fewer homes to choose from over the holidays. That means less
competition for you — and more buyers checking out your even more desirable home, either
online or in person.


MARKET UPDATE


CALGARY MARKET UPDATE FOR NOVEMBER 2024:


NOVEMBER MAINTENANCE TIPS


DO YOU KNOW YOUR HOME' S VALUE?

  1. Our market has seen a steady appreciation of home values over the last 2 years. This year has
    been interesting to watch because of the extreme lack of inventory, resulting in a seller's
    market. We want to ensure you are armed with the best and most accurate information
    regarding your home value, so we have compiled a list of our top 3 reasons why you should check
    it now.
  2. See if you can ditch that private mortgage insurance, the first thing that comes to mind:
    Is it is time to knock off PMI from your monthly mortgage payments. in many cases, your
    lender requires you to purchase private mortgage insurance (PMI) if you put less than
    20% down on your house. PMI typically amounts to between 0.5%-1% of the purchase
    price. For a $200,000 mortgage, your PMI could be $1,000 to $2,000 per year.
  3. Update your home’s value on online listing sites to reflect renovations and
    improvements. Even if you’re in the earliest stages of putting your house on the market,
    you’ll want to start owning your home’s history and value online. Claiming your property on
    sites like Zillow or Realtor.ca and updating your home’s online value, can change the
    perception of the property to better align with its current value.
  4. Find out how much equity you’ve built up, understanding equity, or the current market
    value of your home minus your outstanding mortgage balance, puts you in a better
    place to understand your finances overall. You may be beginning to think about a move
    and knowing the value of your property could lead to an accelerated sale timeline, as long
    as you factor in the difference between home equity and your home sale proceeds.

The real estate market is very active in Active in November.
EMAIL US FOR YOUR FREE HOME VALUE!
www.findyournookyyc.com
info@findyournookyyc.com

October 2024 Newsletter


PUMPKIN PIE ICE CREAM WITH SALTED CARAMEL SAUCE


INGREDIENTS


3 large egg yolks
3/4 cup packed brown sugar
2 cups heavy whipping cream
1-1/2 cups half-and-half cream
1 cup canned pumpkin
2 teaspoons pumpkin pie spice
1 teaspoon vanilla extract
1/2 teaspoon salt


SALTED CARAMEL SAUCE:
1 cup sugar
1 cup heavy whipping cream
3 tablespoons butter, cubed
1-1/2 teaspoons salt
1 teaspoon almond extract


DIRECTIONS


In a large heavy saucepan, whisk egg yolks and brown sugar until blended; stir in heavy
cream. Cook over low heat until the mixture is just thick enough to coat a metal spoon
and a thermometer reads at least 160°, stirring constantly. Do not allow it to boil. Remove
from heat immediately.

Quickly transfer to a large bowl; place the bowl in a pan of ice water. Stir gently and
occasionally for 2 minutes. Stir in half-and-half, pumpkin, pie spice, vanilla, and salt.
Press plastic wrap onto the surface of the custard. Refrigerate for several hours or overnight.

Fill the cylinder of the ice cream maker no more than two-thirds full; freeze according to
the manufacturer’s directions. (Refrigerate any remaining mixture until ready to freeze.)
Transfer ice cream to freezer containers, allowing headspace for expansion. Freeze
until firm, 2-4 hours.

For the caramel sauce, in a large heavy saucepan, spread sugar; cook, without stirring,
over medium-low heat until it begins to melt. Gently drag melted sugar to the center of
the pan so sugar melts evenly. Cook, without stirring, until melted sugar turns a
medium - dark amber, 5-10 minutes. Immediately remove from heat, then slowly stir in cream,
butter, salt, and almond extract. Serve with ice cream. Refrigerate leftover sauce; keep leftover
ice cream frozen.

MARKET UPDATE


CALGARY MARKET UPDATE FOR OCTOBER 2024:


Benchmark Price: $596,900, increase 5.5% vs. 09/2023
Sales: 2,003, 17.6% decrease vs. 09/2023
New Listings: 3,687, increase of 15.5% vs. 09/2023
Inventory: 5,064, 49.7% increase vs. 09/2023
Months of supply: 2.53, 81.6% increase vs. 09/2023
Days on market: 28, increase of 9.5% vs. 09/2023


OCTOBER MAINTENANCE TIPS


PLACE FOAM COVERS OVER EXTERIOR FAUCETS
INSPECT CAULKING AROUND WINDOWS AND DOORS
HAVE AIR CONDITIONER WINTERIZED
HAVE FURNACE SERVICED
CLEAN WASHING MACHINE


The real estate market is very active in Active in OCTOBER.
EMAIL US FOR YOUR FREE HOME VALUE!
www.findyournookyyc.com
info@findyournookyyc.com

Spring To Do List

If the sight of the mercury creeping upward fills you with spring fever, we're with you. We, too, are restless for the toastier and longer days that are just around the corner.

Clean the gutters

Remove leaves, pine needles, and other debris that have accumulated over the winter so your gutter system is ready to handle spring showers. Overflowing gutters and blocked downspouts can damage siding and foundations.

Clean the AC condenser

Remove dust and debris that have accumulated on the AC condenser (the big metal box outside your house) so that the AC works efficiently.

Clean the siding

Get rid of dirt and grime that can cause mildew and shorten the life of your siding. As a bonus, the exterior of your home will look fresh and clean for spring.

Caulk around windows and doors

Inspect the caulking and repair any that was battered during the winter. Check around your windows, doors, and corner trim to prevent water infiltration and avoid costly repairs.

Inspect the roofing

Take a close look at your roofing to check for loose and missing shingles, worn and rusted flashing, and cracked boots around vent pipes.

Lawn Care in March

March really kicks off the beginning of the lawn care season! Not sure where to start on your lawn? Here are a few things you can do this month:

March Maintenance Tips