Saturday, May 31, 2008

Internet Homebuyers

Internet Buyers vs. Traditional Buyers
I just read a newsletter that stated 78% of buyers are using the internet. That figure is phenomenal! According to the article 87% of buyers use the internet to find an agent; 74% to find the homes they want to see; 64% for financing information; 44% to find a real estate firm.

Also, most buyers seem to want a response immediately. And the preferred response by most is email rather than the telephone. What does this tell me? As a Realtor, I must continue to utilize the internet to my maximum ability to grow my business. As a Realtor, I must be responsive to you the buyer or seller.

If you are considering buying or selling a home in the Crowsnest Pass area of southwestern Alberta, please give me a call (or email me) if I can assist you in any way.


John Prince, Alberta licensed real estate agent, MaxWell City Central – Crowsnest Pass. Serving the Crowsnest Pass and area. Call me directly at 403-564-4518 or by email at: johnprince@shaw.ca.

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Wednesday, May 28, 2008

Buying Your New Home in Crowsnest Pass, Alberta

There are many homes for sale in the Crowsnest, according to the Lethbridge Real Estate Board. The Crowsnest promotes itself as the “Jewel of the Rockies”. It is a great place to live, raise a family, play golf, fish – enjoy the Alberta Rocky Mountain life. Come and become part of the ‘freedom loving’ mountain people of the Crowsnest!

There are still lots of choices. There is new construction, re-sales, and developments with lots ready-to-build. Sort of like the story of The Three Bears - three choices. Some are overpriced (my opinion), some priced right, and some priced where a negotiated agreement will bring a good price. The choices are many!

As a buyer choose a real estate agent who knows your specific target area. Remember, sellers pay the buyer agent's professional fee - not the buyer!

If you like a home and it is over priced you may have problems closing the deal. Why?
Because, if you are getting a mortgage the property will have to be appraised at the sales price. A lender is simply not going to "give" a loan for an inflated price.

If you are a first time home buyer and have questions about the process, let me know. I will provide the answers to all your questions or refer you to the one who can provide the answer.

This is a great time to buy in any one of our small towns (Bellevue/Hillcrest, Frank, Blairmore or Coleman), which make up the Municipality of Crowsnest Pass. The choices are many. Choose carefully!

If you are in the market for a home in the Crowsnest, give me a call. I would welcome a chance to be your Realtor of Choice!


John Prince, Alberta licensed real estate agent, MaxWell City Central – Crowsnest Pass. Serving the Crowsnest Pass and area. Call me directly at 403-564-4518 or by email at: johnprince@shaw.ca.

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Saturday, May 24, 2008

… a different kind of realtor

The facts are the world is going to hell in a hand basket. Everything is pointing in the direction of hard times ahead. Now, if you take that as your premise, then reason dictates that you must act in your own self interest, and do what you can to ensure your survival... and propagation. After all, the world needs more people like you, right!? :-) RIGHT! :-}

So, get out your cheque book and be prepared to write one, after we find you that house in the Rocky Mountains of the Crowsnest, which will serve as your safe haven from the ills and insanity of a world gone mad! Now, there’s a sales pitch! :-)

But seriously, when economies falter and fall apart a strategy for protecting your assets and investments is needed. “My home is my castle” is one strategy. In fact, your home could really become a castle, a safe and solid haven against social unrest and crime, which soar during economic crises. If you own a home, provided it is affordable, you will always have a roof over your head at a time when thousands will be homeless.

Downsizing, economizing, whatever you want to call it, is what many people are doing these days. That is why the Crowsnest is so attractive. We are still affordable, safe, and in many ways protected... by the mountains... and by the 'freedom loving' people of this 'beautiful' valley who stick together, and collectively call this place home.

The forgotten ‘Jewel of the Rockies’ is a good place to be! Call me for your real estate needs! Let me be your Realtor of Choice.


John Prince, Alberta licensed real estate agent, MaxWell City Central – Crowsnest Pass. Serving the Crowsnest Pass and area. Call me directly at 403-564-4518 or by email at: johnprince@shaw.ca.

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Wednesday, May 21, 2008

Business Profile - JOHN PRINCE

The following Business Profile on me appeared in this week's Crowsnest Pass Herald:

Maxwell & John Prince - a new type of realtor

NATHEN GALLAGHER
Pass Herald Reporter


There’s a new realtor in town, and he’s bringing a new angle to the business.

John Prince is opening a satellite real estate office for Maxwell in the Crowsnest Pass. With access to information and resources from both Calgary and Lethbridge, he is looking to give his clients more bang for their buck.



But Prince aims to be more than just another realtor. He won’t be pushing his clients to buy ever bigger and more expensive houses. He wants to provide people with a reality check about where both the local and global real estate market is going, and about the new realities of consumerism. Instead of trying to convince you to keep buying and take on ever-increasing debt loads, Prince believes people should be careful and potentially look at downsizing in today’s world.

“I hope to bring honesty and integrity to my new profession,” says Prince. He hopes to be someone you can trust to look after your interests, and to be a realtor who makes the experience fun and joyful at the same time. He knows that it can be an intimidating process for many people.

His business website is up and running at www.johnprince.ca, and you can also read his thoughts on the real estate market on his web log, located at http://realestate.johnprince.ca.

Contact John Prince at (403) 564-4518 for more information or to get started with Maxwell City Central - CROWSNEST PASS.


John Prince, Alberta licensed real estate agent, MaxWell City Central – Crowsnest Pass. Serving the Crowsnest Pass and area. Call me directly at 403-564-4518 or by email at: johnprince@shaw.ca.

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Thursday, May 15, 2008

Ramifications of 'Whiskey Jack Golf Resort' on the Crowsnest...

Attended the Chamber luncheon Wednesday, and listened to Frank Hughes who was the guest speaker for the new Whiskey Jack Golf Resort Development in Sparwood, B.C. that will soon see hundreds of condo's, townhouses, etc., and a world class signature Golf Course designed by Fred Couples. Property values have already risen by 40% in the last year or two, fuelled on in large part because of this development.

The Crowsnest being only 25 minutes from Sparwood will benefit tremendously from this development. As we will when our own two major developments ($1.2b), having done some ground breaking already, get into the building phase, both at the lakes and at the old slack pile locations.

With the above in mind, land and housing prices in the Crowsnest are ‘surprisingly’ cheap, or still a bargain. When you consider what things go for in Canmore, Banff and Jasper, along with the fact that we are the last and only ‘undeveloped’ Rocky Mountain pass community remaining, I’m sure ‘astute’ buyers/sellers/investors can expect and will find property values will definitely increase here, as time goes on.

The forgotten ‘Jewel of the Rockies’ is a good place to be! Call me for your real estate needs! Let me be your Realtor of Choice.


John Prince, Alberta licensed real estate agent, MaxWell City Central – Crowsnest Pass. Serving the Crowsnest Pass and area. Call me directly at 403-564-4518 or by email at: johnprince@shaw.ca.

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Friday, May 9, 2008

Why buy Real Estate in Calgary

Despite lumming times, the province of Alberta is uniquely placed to weather almost any storm. Because I do not want to give some people the wrong impression with my initial post to this blog, please do yourself a favour and read the following:

....................

Why buy Real Estate in Calgary

• The market has made a correction. Why would the market make a correction? In 2006we had the highest number of people decide to build a new home. All of those new homes began being ready in late 2007. Now those same people had to put their home on the market in order to take possession of their new one. This allowed the inventory to go from 3500 to 15,000 homes over night. This created a large supply, but if you noticed the amount of homes buyers purchased did not change much from 2006, we simply just had more for buyers to choose from. As a result the highly motivated people who run the risk of owning 2 homes have been willing to reduce their price to get their existing home sold. We’ve seen the same thing with condos.

• Will the market go down any further? Not likely, for that to happen we would need to start seeing large amounts of people sell for less then they paid for them. The only way the masses will start selling their homes for less than they paid for them is if they can’t make the mortgage payments. If they can’t make the payments, then the masses are now getting laid off. To see the masses getting laid off would mean that we have a problem in the Oil sector of our economy.

• Let’s discuss Oil. I have numerous articles that talk about Peak Oil. The days are gone where we can buy cheap oil. Why, because the countries that used to be able to provide it no longer have it. This makes Oil in the sand very attractive. Alberta has the infrastructure to take the oil out of the sand for a reasonable cost of about 22.00 per barrel. As we all know this has brought tremendous amounts of money into our Province and will continue to do so.

• Why is Oil so high and will it go higher. It’s high because the demand for oil is at the highest level its every been. China and India have increased its consumption by 23% in the past year. China has 1.3 billion people, India almost a billion; they want oil more than ever before. The outlook is that oil will hit 200.00per barrel before long.

• All the big oil companies are aware of this which is why they continue to invest in our Oil sands. They are now going to build a pipeline to the US from Fort Mac to increase production by 3 times the amount.

• Interest rates will remain low. With the dollar high we can’t afford to raise rates and send Ontario into a recession. This will allow more Albertans to afford housing.

Bottom line for Real Estate in Alberta/ Calgary. As long as people are making money and have a job then the demand for Real Estate will stay high. The outlook is good, which makes right now a very good time to buy.

Rob Vanovermeire/Broker
Maxwell - City Central


John Prince, Alberta licensed real estate agent, MaxWell City Central – Crowsnest Pass. Serving the Crowsnest Pass and area. Call me directly at 403-564-4518 or by email at: johnprince@shaw.ca.

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Tuesday, May 6, 2008

Greater Fool: The Troubled Future of Real Estate

The above title is from a book I have started to read by Garth Turner.

As a people, we've bought into a myth of ever-rising home prices, which is reinforced daily by a self-serving industry and a pliant media.
Since deciding to become a realtor, I have struggled morally and philosophically with the question of dualism. (In real estate, they actually have a term called dual agent. In which an agent acts on behalf of both seller and buyer at the same time. (Sounds like an oxymoron doesn’t it?)) Anyhow, I digress. My dilemma was not with the technical or ethical, but with the personal i.e. how could I make an honest living, while at the same time speaking out and warning people with a ‘heads up’, about the troubled future of real estate, not only here in the ‘Pass but globally.

We’ve all heard about sub-prime, foreclosures, tight money supply, credit crunch and so forth. We’ve all heard and many have experienced lost hope, with respect to the future. I think people need to wake up to the fact; we have to start dealing with a future of having less. And that could be a good thing... for us and our planet.

CONSUME LESS / SHARE MORE / LIVE SIMPLY
Obviously, from what I have said so far, my focus with this blog will not be to tell you to buy more and bigger houses, but to start preparing for your future, by downsizing. Finding that safe home and community, which will bring you comfort, and be your sanctuary and shelter from things to come. This is what I think real estate in the Crowsnest Pass has to offer.

With the above in mind, I hope to provide you with valuable information, tips, and general insight into the real estate market in the Crowsnest Pass, so that you can make an informed decision when it comes time for you to buy or sell your next home. In doing so, I hope to earn your trust.


John Prince, Alberta licensed real estate agent, MaxWell City Central – Crowsnest Pass. Serving the Crowsnest Pass and area. Call me directly at 403-564-4518 or by email at: johnprince@shaw.ca.

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