Welcome to our Blog
Latest News in the Calgary Rental
and Real Estate Markets
Increasing Supply and Demand
September 1, 2024 - Jamie Palmer, President & Broker of Power Properties, offers a detailed look at the current state of Calgary's real estate and rental market in this latest update. As rental rates begin to slow due to affordability concerns and rising demand from inter-provincial migration, the balance between supply and demand is becoming increasingly intricate.
Why Should I Hire Power Properties?
Managing a rental property can be daunting, and many property owners wonder if hiring a property management company is worth it. At Power Properties, we offer comprehensive services designed to make property management easier and more efficient.
New Opportunties in Southern Alberta
August 1, 2024 - Calgary’s prices continue to see year-over-year and month-over-month increases. As Calgary's market becomes increasingly competitive, Southern Alberta offers attractive alternatives for investors and homebuyers.
Full-Service Property Management & Real Estate in Lethbridge
Power Properties is thrilled to announce that August 2024, we are expanding our property management and real estate services to Lethbridge!
Power Properties is expanding to Medicine Hat
Power Properties is thrilled to announce that this July 2024, we are expanding our property management and real estate services to Medicine Hat
Thank you for joining our Pancake Breakfast!
Thank you for joining our third annual Pancake Breakfast! With your support, we were able to donate 230 pounds of food to the Calgary Food Bank.
Navigating Calgary's Rising Rental Market: What $2,000 Can Get You
As the rental market across Canada experiences significant shifts, Calgary stands out with one of the highest year-over-year rent increases. According to the latest data from Statistics Canada, rent prices in Alberta soared by 16.2% in April 2024 compared to the previous year. What does this mean for renters?
Renting vs. Owning in Calgary: What’s the Best Choice for You?
Deciding whether to rent or own a home is a significant decision that depends on various personal, financial, and lifestyle factors. To help you make an informed choice, we've outlined the key pros and cons of both renting and owning a property in Calgary.
2024 CRRA Community Service Award
Power Properties has been honoured with the 2024 Calgary Residential Rental Association (CRRA) Community Service Award.
Join Us for Power Properties' 3rd Annual Pancake Breakfast!
Join the team at Power Properties for our Annual Calgary Stampede Breakfast! Wednesday, July 10th from 8:30 AM to 11:00 AM.
How to Screen a Tenant in 3 Steps
One of the key functions you hire Power Properties for is tenant screening, but how do we do this? All of our tenants go through a rigorous three-stage, review, before being approved as a tenant. AI, the Property Manager’s Assistant and the Property Manager all play a role in evaluating the suitability of our tenants.
Calgary Real Estate: Challenges vs. Opportunities
May 1, 2024 - Calgary's real estate market is defying nationwide trends with an 11% year-over-year price surge and high demand fueled by inter-provincial migration and anticipated interest rate cuts. Despite challenges like bidding wars and cash flow concerns, there's still ample opportunity for savvy investors to capitalize on the market's growth, supported by rising rents and a promising ROI potential.
Why be a Green Landlord?
Attract responsible tenants & save money by making your rental property eco-friendly.
Breaking News for First-Time Homebuyers!
Exciting news for anyone looking to buy their first home, especially those considering a new build! The federal government recently announced changes that will make homeownership more attainable for many Canadians.
Effective Tenant Screening: 4 Red Flags Every Landlord Should Watch For
Finding a great tenant is crucial for any landlord. Identify red flags during the screening process to significantly increase your chances of finding a fantastic tenant.
Don’t be fooled: 5 Tips to Avoid Rental Scams
If a deal seems too good to be true, it probably is! Avoid rental scams in Calgary with these 5 tips.
Women in Real Estate
This International Women's Day, meet some of the Inspiring Women at Power Properties that help shape the real estate industry.
WTH is Leverage?
March 1, 2024 - When people talk about investing in real estate inevitably you will hear the word “leverage”, to which many of you might say “What the heck is leverage?”. Learn how to make the most of your investment by leveraging properties and maximizing profits.
Property Management Myths vs. Facts
As a property owner, navigating the realm of property management can sometimes feel like wading through a sea of misinformation. Let's debunk some common property management myths and shed light on the realities behind them.
5 Reasons to Love Your Property Management Company
In the world of property ownership, having a reliable property management company by your side can make all the difference. Here are five reasons why landlords and real estate investors love their property management companies.