08/07/2026
š” Friday Files: What's a Green S**g Rug Got to Do With Real Estate?
Remember when green s**g carpet, almond-coloured appliances, and wood panelling were all the rage? Times change... and so do real estate markets.
When I started in real estate 24 years ago, having 24 to 27 homes on the market in Vulcan and the surrounding communities was considered normal. Buyers had choices, homes took longer to sell, and everyone understood that patience was part of the process.
Then came 2020.
Inventory dropped below 10 homesāsomething I had heard about but had never experienced firsthand. Buyers from Calgary, Lethbridge, and other larger centres discovered the value our small towns offered, and homes sold quickly as demand outpaced supply.
By August 2025, the market began to shift. Rising prices and higher borrowing costs meant some buyers could no longer keep up. The fast-paced seller's market gradually gave way to a more balanced one.
Today, inventory is building back toward those pre-2020 levels.
Is that bad news? Not at all.
For buyers, it means more homes to compare, more time to make decisions, and the opportunity to complete inspections and due diligence without feeling rushed.
For sellers, it means adapting to today's market. Buyers have more choices, so proper pricing, strong presentation, and a solid marketing strategy are more important than ever. We're also seeing more price adjustments than we have over the past few years.
The market isn't brokenāit's simply changing.
Just like green s**g carpet eventually gave way to hardwood floors, every real estate market evolves. The key isn't fighting the market; it's understanding it and adjusting your strategy accordingly.
Until next Friday... stay informed, stay patient, and remember that every market brings new opportunities.