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Calgary Real Estate Blog

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Calgary Housing Market Shows Signs of Balance, not Bubble

Monday, March 1st, 2010 at 3:49pm. 130 Views, 0 Comments.

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 time a year ago, while condominium sales saw an increase of 56 per cent from the same time a year ago.

February 2010 saw 1,035 single family homes sold in the city of Calgary. This is an increase of 36 per cent from 762 sales in January 2010. In February 2009, single family home sales totaled 825. The number of condominium sales for the month of February 2010 was 536. This was an increase of 43 per cent from the 376 condominium…

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Market Watch - February 2010 Sales Start Off Strong in 2010

Friday, February 19th, 2010 at 7:24pm. 194 Views, 0 Comments.

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The Canadian housing market has rebounded well from the lows in sales experienced at the beginning of 2009. Sales climbed back to healthy levels across the country because the cost of home ownership remained affordable in most areas.

Compared to last January, the market has returned to balance. Increasingly confident consumers moved to take advantage of the affordability created by lower interest rates.

“Expect strong annual growth rates for existing home sales and average price through the first quarter as we continue to make comparisons to the weak market conditions at the beginning of 2009,” said Jason Mercer, Toronto Real Estate Board’s (TREB) Senior Manager of Market Analysis. “The rate of sales and price growth240, 240);

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Tuscany - NW Calgary- Real Estate Market update for January 2010

Friday, February 12th, 2010 at 12:16am. 160 Views, 0 Comments.

January 2010 Tuscany Market Update

  • The average Tuscany home for sale was a 3 bedroom, 2 bathroom, 1,852 square foot house
  • The average List price for Tuscany Homes: $562,423
  • The Average Size of a Tuscany Single Family Home Sold: 1,571 square feet
  • The Number of Tuscany Homes Sold in January, 2010: 14
  • The average sold price for a Tuscany Home in January: $443,192
  • The median Sold price of Tuscany Homes: $414,000
  • Most homes for sale in Tuscany spent just 36 days on the market
  • Average Sale Price per Square Foot of a Tuscany Home was $289.99
  • Average Sale Price to List Price Ratio of a Tuscany Single Family Home in December was 98%

If you are thinking of Selling your Tuscany Home or Moving to Tuscany, a NW Calgary Community, feel free to contact…

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Real Estate Marketing - What Type of Marketing Works?

Thursday, February 11th, 2010 at 12:45am. 152 Views, 0 Comments.

Over the past few years we have seen a huge shift in the way small businesses and multi-billion dollar companies market their products. There has been a big shift in where these companies have allocated their marketing budget and there is a reason why. The Internet & Social Media is changing the way we market products.

Print Marketing in Real Estate

In the past print marketing was a very effective way for Realtors to market homes to buyers. People used to pick up the weekly real estate news paper, magazines and property books to view all the new homes that were for sale. There is still a large portion of Realtors that advertise their clients listings in print media, but DOES IT REALLY WORK?

Agents normally use print marketing to make the sellers happy…

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How to Help Your Child Cope with Moving Anxiety

Thursday, February 4th, 2010 at 4:17pm. 191 Views, 0 Comments.

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Moving can be stressful for every member of the family—children included. Depending on the age of children, their fears about a move vary from child to child, but most children approach the idea of moving with some hesitation.

One out of five Canadian families move into a new home each year. Some families experience a stressful time two weeks before and two weeks after a move. For many families, the actual move is a time when everyone pitches in and works together. Reality starts to sink in about a month later. People then begin to realize how much they miss friends and places they left behind. Confusion, frustration, and anger are common emotions at this time. Even if you are upgrading to a bigger house in a nicer240, 240);

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Prospects for the 2010 Canadian Housing Market

Thursday, February 4th, 2010 at 4:16pm. 229 Views, 0 Comments.

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The rebound that occurred in the Canadian housing market in 2009 was nothing short of incredible. Having started the year a dismal 47% off 2008 levels, sales steadily clawed back. Purchasers who held off in the final quarter of 2008 and the first quarter of 2009 quickly acclimatized to new market realities and moved to take advantage of favourable lending rates. Yet, inventory levels proved a significant impediment, as supply struggled to meet demand—down considerably for much of the year.

Consumer confidence started to return in the second quarter and the real estate market was the first place in the country to show signs of the recovery.

Housing proved to be a safe harbour for much of the year. Rock bottom rates fueled much of the activity, but…

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15 Tips for Hiring a Calgary Remodeling Contractor

Thursday, February 4th, 2010 at 4:14pm. 173 Views, 0 Comments.

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Finding a qualified contractor for your home remodeling project can be daunting and confusing but it's not a difficult task. You can easily search the web or look in the yellow pages and find many home remodeling contractors listed in your area. But the questions are: Which one do you hire for your home remodeling project? Which one will perform quality work, charge a fair price, and get the job done on time?

By following these tips you will make the selection process easier and be better prepared to make an informed decision that best suites your needs.

1. To reduce the risk of hiring the wrong home contractor you should first do a little preparation yourself for the home remodeling project. Sketch out and write down what you want to get done.…

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Market Watch – January 2010 Housing Recovery Continues With Active December Market

Wednesday, January 20th, 2010 at 11:07am. 168 Views, 0 Comments.

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Strong year-end sales put a crown on a year that started slow but ended big. We entered 2009 with a global recession at our backs and a real estate meltdown to the south. However consumer confidence started to return in the second quarter and the real estate market was the first place in the country to show signs of the recovery.

"After a slow start to the year, existing home sales rebounded during the second half of 2009,” said Tom Lebour, President of Toronto Real Estate Board (TREB). “As consumer confidence improved, many households moved to take advantage of affordable home ownership opportunities. The strong residential real estate sector was a key contributor to overall economic recovery in Canada.”

“In 12240, 240);

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Condo Living - Important Things to Consider When Buying a Condo

Monday, January 11th, 2010 at 4:42pm. 613 Views, 0 Comments.

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Condominium units have become a wise alternative to owning a home. This is not surprising, as living in a condo is more convenient that living in a house. A condo is ideal for individuals living alone, small families and older people. And because condos are smaller, they are less expensive to maintain.

Condominium sales are booming in many urban areas in Canada especially in large cites such as Toronto and Vancouver, with several buildings being set-up. Today, condominiums continue to appreciate in market value at a rate that is almost as fast as that of single-family residences which make them a good investment.

Buying a condo with features that are in high demand will maximize the profit on your real estate240, 240);

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10 Ways to Green Up Your Home

Monday, January 11th, 2010 at 4:39pm. 137 Views, 0 Comments.

10 Ways to Green Up Your Home
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Being earth-friendly doesn't require going solar or growing all your own food. Making your home a little greener is easy but will have a great impact on the environment. A few simple changes in your house can go a long way to combat both high energy bills and global warming

There are plenty of easy ways to make a big difference, consider these 10 tips and save money. 

1. Use CFLs 
Replace your incandescent light bulbs with ENERGY STAR® qualified compact fluorescent light bulbs (CFLs). By replacing even your five most frequently used light bulbs, you'll save $100 per year because they use 66% less energy than a standard incandescent bulb and last up to 10 times longer.

2. Program Your240, 240);

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