Calgary Real Estate Blog 
Home Sales Down, But Outlook Good
Tuesday, June 8th, 2010 at 11:56am. 196 Views, 0 Comments.
May saw a significant reduction in the number of homes sold in the Calgary area, according to figures just published by The Calgary Real Estate Board.
Compared to the same period last year, there was a 20% drop in sales of single family homes during the month, with condominium sales in the city experiencing a similar decline. This downturn represents a stark contrast to the particularly encouraging start to the spring, when there were strong sales in Calgary's residential property market.
CREB president Diane Scott, cites a number of potential reasons for the abatement in sales during May, "We believe there are a number of factors contributing to this marked slowdown including a declining number of first-time homebuyers in the market, a rise in monthly…
Before You Move, Improve
Thursday, May 27th, 2010 at 4:59pm. 302 Views, 0 Comments.
If, like many people, your plans to move home have been put on temporary hold as a result of the global economic crisis, then maybe it's time to look at giving your current home a new lease on life, with some affordable updates. More and more Calgarians are starting to appreciate that smaller can be better, and there's no reason why your existing home can't simply be made more homely!
Whether you live in an apartment or condo, a townhouse or detached family home, you can make the place feel like new with a few well chosen projects. Of course, one can't magic more rooms into existence, or pull a thousand extra square feet out of thin air, but some considerately planned alterations could make so much more, of what you already have.
Consider the things that…
Calgary Home Buyers - How to Protect Yourself Now From Increased Interest Rates In The Future
Tuesday, May 25th, 2010 at 3:15pm. 269 Views, 1 Comments.
No one has a crystal ball, but we do know that rates are on the rise. By how much and when is anyone’s guess, but these increases may have a significant impact on homeowners if they are not prepared. The affordable 5 year fixed mortgage that you have now, might turn into a slightly less affordable mortgage at renewal time.
Here are a few tips for people on how they might protect themselves now from increased rates in the future.
1. Don’t Max your self out – If you are buying a new home you might feel tempted to borrow as much as you can. When you have all your money in the game you have less options. If interest rates rise that home could become very unaffordable when it comes time to renew.
2. Use the extended amortization and pre-payment to your…
Retractable Awnings Protect and Extend Summer Fun.
Sunday, May 2nd, 2010 at 6:15pm. 269 Views, 0 Comments.
Everyone wants to enjoy the beautiful weather that summer brings. But the warm sun and damaging rays sometimes force us to retreat inside, where we crank the costly air conditioning to stay cool. Creating an outdoor room is a great way to expand your home's living space without the cost of an addition. Retractable Awnings expand homes by turning decks and patios into added living space, combining the comfort of the indoors with the enjoyment of the outdoors. In the hot summer days, an awning provides a simple solution that shields out these harmful rays while keeping you cool. It also helps homeowners conserve energy and therefore save money because awnings block the sun from entering the home through windows. Not only do your cooling costs go… |
Calgary Real Estate: Renting vs. Buying, Which option is better for you?
Sunday, May 2nd, 2010 at 6:14pm. 295 Views, 0 Comments.
Buying a house can be the most rewarding purchase you ever make. However depending on your current circumstance this may not be your best option. To help make an educated decision, try to answer the following questions first: 1. Do you really want to own your home? 2. How often do you expect to move in the future? |
Today's most desirable home features
Sunday, May 2nd, 2010 at 6:11pm. 239 Views, 0 Comments.
Housing trends and styles are changing constantly. Today, more than ever, buyers have a strong sense of what they want in a home. This article will focus on what is hot in the housing market today. Whether you are240, 240); |
Spring Home Maintenance Checklist
Sunday, May 2nd, 2010 at 6:10pm. 90 Views, 0 Comments.
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Many big home repairs start out small but, left unattended, become more costly problems. By taking care of little issues now, you can save yourself a lot of money and stress in the long run. Keeping a list of what needs to be done, and when, can help you to avoid and prevent the most common household problems. Many of the necessary tasks are probably easy enough for you to take care of yourself. However, if you don’t feel comfortable or don’t have the proper240, 240); |
Spring Home Maintenance Checklist
Alberta Approves Construction of 5 New Calgary Schools
Friday, April 23rd, 2010 at 10:51am. 180 Views, 0 Comments.
The Alberta government announced on April 22, 2010 that they have awarded the construction jobs of the 5 schools that are to be built in Calgary.
The Calgary Board of Education gets the following schools built:
- Coventry Hills Middle School (5-9) Capacity 900
- Taradale Middle School (5-9) Capacity 900
- Panorama Middle School (5-9) Capacity 900
- Tuscany Middle School (5-9) Capacity 900
The Calgary Catholic Board gets one school in Copperfield which will have grades K to 9 also with a capacity of 900.
These schools are expected to open in 2012 and are built under a private-public partnership and these schools are badly needed in their communities.
Justin Havre
CIR Realty
Bank of Canada upgrades forecasts; opens door to June rate hike by removing conditional commitment
Tuesday, April 20th, 2010 at 10:00am. 135 Views, 0 Comments.
Here is an update I just received from my RBC Mortgage professional and I thought I would share it with you guys.
"The Bank of Canada left the overnight rate at 0.25% this morning and opened the door to rate increase at the June meeting by removing its conditional commitment to keep the policy rate at its current level, "until the end of the second quarter of 2010." The Bank stated that with, "recent improvements in the economic outlook, the need for such extraordinary policy is now passing, and it is appropriate to begin to lessen the degree of monetary stimulus. The extent and timing will depend on the outlook for economic activity and inflation, and will be consistent with achieving the 2% inflation target." The change in the Bank's statement…Urban Condos in Downtown Calgary
Wednesday, April 14th, 2010 at 5:05pm. 322 Views, 0 Comments.
Living in downtown urban centers is commonplace in many North American cities. Cities like New York, San Francisco, Toronto, and Vancouver are frequently celebrated as having some of the most densely populated downtown urban centers in the world complete with the fast-paced urban lifestyles to match. As a matter of fact, did you know that parts of Vancouver’s downtown core remain the third most densely populated areas of North America behind New York and San Francisco? Until now Calgarians have not had a very extensive list of options when it comes to urban living. However with the construction of the new Waterfront Calgary condo development near the city’s China Town, this is about to change. The Waterfront Calgary is the newest and finest option for…
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