3 Reasons Why NOW is the Time to Expand Your Real Estate Portfolio
Calgary Real Estate and Rental Market Update
November 1, 2024 - Written by Jamie Palmer, President & Broker of Power Properties
The market is shifting, and that means opportunity is knocking. Savvy investors like you know that recognizing these trends is key to maximizing your real estate investments. Here are 3 reasons why you should act now:
1. Unlock Your Equity and Seize the Moment
With property values at a seasonal peak, refinancing your existing properties allows you to tap into your equity. This provides you with the capital you need to take advantage of emerging opportunities, like motivated sellers and builder promotions.
2. Negotiate from a Position of Strength
The market is finding a balance, giving buyers like you more negotiating power. Plus, builders are offering incentives to move inventory. This means you can secure the best possible deals on your next investment property.
3. Position Yourself for Future Market Growth
Anticipated interest rate cuts in December and March 2025 are expected to stimulate demand, leading to a strong market in 2025. By acting now, you can secure properties at today's prices and position yourself ahead of the curve.
Your Property Manager is Your Partner
Want to navigate the shifting market and capitalize on this unique opportunity? Power Properties is here to guide you. Our team of expert Property Managers are also Realtors, providing you with the insights and support you need to achieve your investment goals.
Don't miss out on this chance to grow your portfolio. Contact Power Properties today!
Written by Jamie Palmer, President/Broker of Power Properties Ltd.
Jamie Palmer is the President and Broker of Power Properties. He holds a Certified Property Manager (CPM®) designation, the highest designation in Property Management in North America. He earned an Honors degree from the University of Toronto, and he has over two decades of experience in property management.
About Power Properties Ltd.
Founded in 1980, Power Properties has been providing hassle-free property management services to property owners, property investors and non-residents with homes in Calgary, Alberta for over 40 years. Our full-service property management includes everything from move in to move out, so you don’t have to worry about the day-to-day operations of your rental property. With a team of licensed professionals, years of experience, and award-winning service, you can rest assured that your property is in good hands.
