Here are this weeks Calgary real estate statistics for April 19 – April 25, 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…
Here are this weeks Calgary real estate statistics for March 29 – April 4, 2010. To view market details on individual Calgary neighbourhoods that you may be interested in 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…
Improved economic outlook and job prospects to be a bigger factor in the long-term Calgary, April 1,2010 – Calgary’s housing market enjoyed a healthy boost in March as homebuyers anticipate an earlier than expected rise in interest rates, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in…
Here are this weeks Calgary real estate statistics for March 22 – March 28, 2010. To view market details on individual Calgary neighbourhoods that you may be interested in 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…
Calgary, March 1, 2010 – Calgary’s housing market continues to build stability and momentum in the second month of the year, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in February 2010 in the city of Calgary was up 25 per cent from the same…
On February 16, Finance Minister Jim Flaherty announced new mortgage rules intended to help ensure homebuyers can handle their debt load when interest rates rise, as well as to slow down real estate speculation. “There’s no clear evidence of a housing bubble, but we’re taking proactive, prudent and cautious steps today to help prevent one. …
In the Canadian Real Estate Association’s 2009 Report on the Consumer, respondents were asked what attributes they considered important in a REALTOR® whom they would hire to sell their home. Over half (58.6 per cent) of all respondents said “trustworthiness and honesty” was the primary attribute. “A solid, overall knowledge of the housing market” was…
With rising interest rates on the horizon buyers will see 2010 as the year to take advantage of low mortgage rates Calgary,February 1, 2010 –Affordability continues to drive a recovery in Calgary’s housing market according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in January…
–House prices forecast to further improve in 2010- Royal LePage Canada just released a market forcast for Calgary and other major Canadian Cities. Calgary, January 7, 2010 – Calgary’s house prices are seeing modest gains and are expected to further improve through 2010, according to the Royal LePage Market Survey Forecast and House Price Survey.…
Message from the Calgary Real Estate baord indicates a Year-over-year sales increase for seventh consecutive monthCalgary, January 5, 2010 – The Calgary housing market continues to show signs of a sustained recovery according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in December 2009 in…
Not all debt is created equal… the difference lies in how it helps – or hurts – your pursuit of your financial goals. Some debt can be seen as an investment in one’s future: • Borrowing money to maximize your RRSP contributions. • Loans with tax-deductible interest to earn investment income. • Borrowing to acquire an asset that…
Low borrowing costs continue to fuel market recovery : Calgary Real Estate Baord Calgary, December 1, 2009 – The Calgary housing market is showing signs of a sustained recovery according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in November 2009 in the city of Calgary…
After reading this article by the Toronto Star please let us know your thoughts. Are Calgary Realtors charging too much for commissions? My opinion is you get what you pay for!! What’s your opinion? Canadians in the housing market will pay less in realty commissions and fees if the federal Competition Bureau has its way. In a…
Calgary, November 2, 2009 – The Calgary housing market continued to rebound in October, according to figures released by the Calgary Real Estate Board (CREB®). “Calgary’s housing market has clearly turned a corner,” says Bonnie Wegerich, president of CREB®. “We expect there to be a few bumps on this road to recovery but we believe…
The Town of Cochrane has retained the services of Stantec Consulting Ltd. to determine the cause of ongoing Bow Ridge wall movement affecting the community of Bow Ridge Phase III, more specifically, those portions of Bow Ridge Drive, Bow Ridge Link and Bow Ridge Close, directly adjacent to the hill. The process was initiated in May…
An open mortgage typically allows the borrower to pre-pay all of the mortgage, renew or refinance at any time before maturity. This also means that you can switch lenders at any time. The catch is that this flexibility to pay back the mortgage whenever you like usually comes with a higher interest rate. An open…
Calgary, October 1, 2009 – Calgary home prices show signs of stability as recovery in the housing market begins to take hold. The average price of a single family Calgary metro home in September 2009 was $459,085, showing an increase of 1 per cent from August 2009, when the average price was $454,130, and showing…
Many homeowners in Calgary are unaware of the dangers posed by identity thieves when it comes to their real estate investment. Unfortunately, real estate title fraud is on the rise in Calgary. According to the Canadian Association of Accredited Mortgage Professionals (CAAMP), real estate industry insiders now peg the average case of real estate fraud…
Here are this weeks Calgary real estate statistics for August 31 – September 6, 2009. To view market details on individual Calgary neighbourhoods that you may be interested in 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…
Housing starts in Canada are expected to rebound in the second half of 2009 and will reach 141,900 for the year. Starts will increase to 150,300 for 2010, according to the Canada Mortgage and Housing Corporation (CMHC). “Economic uncertainty and lower levels of employment tempered new housing construction in the first half of this year”,…
Market rebounds on news that the worst of recession is over Here is an update from CREB (Calgary Real Estate Board) Calgary, September 1, 2009 – Calgary metro home prices made the first year-over-year increase on a monthly basis since February 2008 according to figures released by the Calgary Real Estate Board (CREB®). Prices received…
A Word From . . . Ted Zaharko Ted Zaharko is the broker/owner of Royal LePage Foothills. His brokerage, which comprises eight offices and more than 250 REALTORS® serving Calgary and surrounding area, will soon be one of two brokerages in Alberta to adopt the designated agency brokerage model. Designated agency is a brokerage model…
If you intend to buy a home that needs some immediate upgrades, a “purchase plus improvements” mortgage may be right for you. This type of mortgage covers the purchase price of the home, plus any renovations that would increase the value of the property, such as finishing a basement or redoing the kitchen. For current…
Effective September 1, 2009, Royal LePage Foothills is changing the relationship our Realtors have with their customers and clients from a common law relationship to a designated agency relationship. What this really means is that our Realtors will now sign a non-exclusive agency relationship with buyers which outlines their duties to their buyers. From the publics…
Another interesting week in the Calgary real estate market. Here are this weeks Calgary real estate statistics for August 3 – August 9, 2009. To view market details on individual Calgary neighbourhoods that you may be interested in please check out my Calgary Neighbourhood profiles page of the Calgary Real Estate Resource Centre. You can also look at past Calgary Week In…
This is an issue I see far to often in day to day business in Calgary. A few months ago I ran into an issue regarding the above situation. At that time I said to the other Realtor that was involved “that unless you have something outlined in writing by the seller or the seller’s…
It’s been an interesting week in the Calgary real estate market. Earlier last week the bank of Canada announced that the prime lending rate will remain untouched for the next few months. They also announced the end of the recession, which I am a little skeptical off. Since these announcements Calgary home buyers have seemed to ramp up…
Here are this weeks Calgary real estate statistics for July 13 – July 19, 2009. To view market details on individual Calgary neighbourhoods that you may be interested in 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…
The Bank of Canada announced this morning that it will leave its key interest rate unchanged. The Bank also reiterated its commitment to hold its key rate at the current level until the end of the second quarter of 2010, conditional on the outlook for inflation. In its statement the Bank noted that in Canada,…
Sales are slightly down this week, but inventory is still dwindling. Here are this weeks Calgary real estate statistics for July 6 – July 12, 2009. To view market details on individual Calgary neighbourhoods that you may be interested in please check out my Calgary Neighbourhood profiles page of the Calgary Real Estate Resource Centre. You can also look at past…