Views from some of Calgary’s finest downtown condos
Here are a few of the views from some of the condos I showed today in Eau Claire, Victoria Park, and the West Downtown. Enjoy!!
June 2011 Statistics
CONDO AND HOME SALES FIND THEIR FOOTING First year-over-year increase in monthly condominium sales since April 2010 Calgary, July 4, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), residential sales surged in the month of June 2011 to 1,979 units. While this indicates a third more sales than June 2010,…
Union Square Condo Tower Water Issues
I was showing condos to a client of mine the other day in the Union Square tower in Victoria Park. Union Square is a beautiful tower in the heart of Victoria Park close to the downtown, 17th Ave and various shops and pubs. Units in Union Square range from 1 bedrooms to 2 bedroom and…
Calgary Homes Flooding
This spring has been extremely wet in Calgary with all the rain we have been getting. Here is a video of a home I found in NW Calgary while out on my morning bike ride. From what I can tell the whole walkout level has been completely flooded by the pond in the environmental reserve…
Vancouver vs Boston
Hey Vancouver!!! This is how they do it in Uganda!
Sellers Please Remove Your Organs
I was out showing penthouse condos in the East Village tonight and entered a unit that literally took my breath away. As I opened the unit I turned to my clients only to see them make a face as if they saw a ghost. As I stepped further into the unit I soon realized what…
Calgary Real Estate Statistics May 2011
Inner City Housing Market Leads in Sales As Buyers find value in inner city communities Calgary Real Estate Statistics for June 1, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), year-to-date residential sales in the inner city grew nearly 4 per cent, outperforming the city wide average. City of Calgary residential…
Bankruptcy – How to Obtain Mortgage Financing On a Calgary Home After Going Bankrupt
What is bankruptcy? Bankruptcy allows a person to wipe out most of all existing debt and start fresh. It can be a very long and complicated process that should only be used as a last resort. Even though it might bring peace of mind, it comes with challenges to anyone who wants to purchase a…
CALGARY HOUSING MARKET SET FOR GRADUAL SPRING THAW
Higher priced homes selling faster as listings trend down This just released today from the Calgary Real Estate Board. Calgary, May 2, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), City of Calgary year-to-date sales declined by 4 per cent compared to the first four months of 2010. The decline was offset by…
Calgary Real Estate Market Week In Review April 18, 2011
This past week listing inventory increased again over last while sales dropped marginally on the 30 day average. To see see a visual feel free to use the charts below. With the spring market just around the corner it is difficult to determine where the market will go. The past couple weeks have really been…
CALGARY HOUSING MARKET RECOVERY DRIVEN BY SINGLE FAMILY HOME SALES
Calgary’s NW sector boasted the largest gains in single family homes sales in the first quarter Calgary, April 1, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), Calgary Metro sales remained at levels similar to the first quarter of 2010. Improved sales in the single family market have largely been…
Calgary Real Estate Market Week In Review March 28, 2011
This past week listing inventory increased slightly over last while sales dropped marginally on the 30 day average. To see see a visual feel free to use the charts below. With the spring market quickly approaching in Calgary it is difficult to determine where the market will go. If you have thoughts or opinions please…
CREB encouraged by city council’s decision on secondary suites
CREB (Calgary Real Estate Board) is encouraged by City Council’s decision Monday to expedite the process for approving secondary suites in R2 areas of the city (single-detached, semi-detached and duplex dwellings) as well as engage in further study. Instead of passing motion which would have allowed secondary suites in all neighbourhoods that currently allow only…
February 2011 Calgary Real Estate Statistics
CALGARY’S HOUSING MARKET RECOVERY CONTINUES AT A GRADUAL PACE Calgary single family home sales increase over the previous month and year-over-year Calgary, March 1, 2011 –According to figures released today by CREB® (Calgary Real Estate Board), for the second month in a row, single family home sales in the city of Calgary increased over previous…
Calgary Real Estate Market Week In Review For February 21, 2011
The real estate market in Calgary this week is still keeping pace evenly, with new listings for the week slightly down from last week and sales marginally up in the 30 day average. For the time being the market seems to be fairly balanced. Feel free to check out our new Market Trends page to…
CALGARY HOME SALES RISE YEAR-OVER-YEAR
Single Family Homes In The Inner City Drive Recovery Calgary, February 1, 2011 – Single family home sales in the City of Calgary edged upwards month-over-month and showed the first year-over-year increase since April 2010, according to figures released today by CREB® (Calgary Real Estate Board). The number of single family home sales in the…
Money Saving Tips on Paying Off Your Mortgage Faster – Part 1
For many homeowners, paying off their mortgage as quickly as possible is a top priority. Paying down extra principal in the early years by whatever means possible can shorten the life of your mortgage – and dramatically lower the interest you’ll pay over the long haul. Here are a few tips on how to make…
Will New Mortgage Rules Effect The Calgary Real Estate Market
Finance Minister Jim Flaherty today announced some changes to mortgage rules that will come into force on March 18, 2011. The maximum amortization period is now 30 years(down from 35 years) for government-backed insured mortgages, when the downpayment is less than 20 percent. The maximum amount that can be borrowed when refinancing a mortgage is…
CALGARY HOUSE PRICES DECLINE MODESTLY YEAR-OVER-YEAR
House prices and unit sales expected to increase in 2011 CALGARY, January 6, 2011 – The Royal LePage House Price Survey and Market Survey Forecast released today showed year-over-year price decreases for most housing types surveyed in Calgary. Standard two-storey homes witnessed the largest year-over-year price decreases falling 5.3 per cent to $404,622. Prices for…
December 2010 Calgary Real Estate Board Statistics
EMPLOYMENT AND MIGRATION NEEDED TO SHAKE OFF WINTER CHILL Low Interest Rates and Affordability to Support Housing Recovery in 2011 Calgary, January 4, 2011 – Home and condo sales in Calgary and area remained relatively unchanged in December 2010, indicating that a full-fledged recovery in the housing market has yet to take hold, according to…
Calgary Home Buyer’s Remain Cautious
Calgary, November 1, 2010 – Home sales in the city of Calgary were down month-over-month in October 2010, showing signs that buyers still remain cautious, despite signs of economic recovery. Year-over-year sales continued to trend lower in the month of October, according to figures released today by the Calgary Real Estate Board (CREB®). The number…
Buyers’ Market Continues in Calgary
Home sales in the city of Calgary increase month-over-month in September 2010 Calgary, October 1, 2010 – Home sales in the city of Calgary were up month-over-month in September 2010, the first uptick in sales since April 2010. Year-over-year sales continued to trend lower in the month of September, but at a pace slower than…
Protect Your Calgary Home Against Mortgage Fraud & Identity Theft
Just some things Calgary homeowners with strong home equity can do to protect themselves from identity theft and mortgage fraud. OneRealtor out of our office had two clients where criminals went in on low LTVmortgages or free and clear and registered financing without them knowing, then took off with the money. Below are some suggestions…
Walk Throughs are not a “Right”
Thought I would post this for my fellow Calgary Realtors Many of our Calgary Members seem to be under the impression that their Buyer Client is entitled to a final “walk through” of the property that they purchased prior to or at the time of possession prior to releasing funds to the Seller. For many…
Calgary Housing Market in a Period of Correction
City of Calgary sales wane as town and country sales hold steady Calgary, September 1, 2010 – Home sales in the city of Calgary continued to trend lower in the month of August, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in August 2010…
Summer Cool Down Continues in Calgary Housing Market
Calgary, August 3, 2010 – The summer cool down in Calgary’s housing market continued in the month of July, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in July 2010 in the city of Calgary was down 42 per cent from the same time…
First-time Homebuyers Retreat As Luxury Buyers Advance
Mortgage trends cool Calgary home sales Calgary, July 2, 2010 – Calgary home sales continued to show a marked year-over-year decline in the month of June, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in June 2010 in the city of Calgary was down 42…
May 2010 Calgary Real Estate Board Statistics
May Brings MarkedDecline in Home Sales Average price risesas move-up buyers enter market Calgary, June 1,2010 – Calgary home sales showed a marked decline in the month of May, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in May 2010 in the city of Calgary…
Calgary Real Estate Market Week in Review for April 26- May 2, 2010
Here are this weeks Calgary real estate statistics for April 26 – May 2, 2010. To view market details on individual Calgary neighbourhoods please check out my Calgary Neighbourhood profiles page of the Calgary Real Estate Resource Centre. You can also look at past Calgary Week In Reviews to gauge how the real estate market is changing in Calgary. If you…
April 2010 Housing Statistics… Housing Market to Simmer, not Sizzle
Economic optimism,improved choice and price stability contribute to a balanced housing market Calgary, May 3,2010 – Calgary’s housing market continues at a healthy and balanced pace, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in April 2010 in the city of Calgary was up 5…