Just sold this listing: "Over 2300 sq ft of living space backing onto a green belt with gorgeous mountain views from all levels. This beautifully maintained 4 bedroom home is equipped with maple hardwood floors, ceramic tile, maple kitchen, sleek black appliances, large bonus room with corner fireplace and much more! Enjoy the central air conditioning and sunny west facing backyard with large deck that is pre-wired for your future hot tub! Located on a quiet cul-de-sac and fully developed on al ...
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Just added this listing: "IMMACULATELY RENOVATED BUNGALOW IN DESIRABLE HAYSBORO! This gorgeous bungalow is basically brand new and boasts over 1900 sq ft of total living space. Modern european style kitchen with trendy white cabinets, granite countertops, stainless appliances, subway tile backsplash and upgraded lighting. Follow the espresso stained oak hardwood through the main floor to an unbelievable 5-piece bathroom, jack & jill style, complete with granite, extra cabinetry and a fully tile ...
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The housing market pointing towards price stability
Calgary, February 1, 2012 – Home sales in the City of Calgary are off to a slow start as buyers show continuing caution, according to figures released today by CREB®. “Overall, the market is behaving as expected for the winter season,” says Bob Jablonski, president of CREB®. The year-over-year volume of residential sales in the City of Calgary dropped, but the inventory of available homes declined even faster in January 2 ...
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posted in General
at Wed, 01 Feb 2012 12:25:31 -0700
Just added this listing: "WITHOUT A DOUBT THE BEST DEAL IN NEW BRIGHTON!!! This bank foreclosure is in amazing condition and ready for you to call home! The Jasper series by Beattie homes provides almost 2100 sq ft of living space that includes a vaulted living room with open beams, pine package throughout, spacious kitchen with walk-through pantry, den, laundry and mud room on the main. Upstairs you'll find a spacious bonus room, three good sized bedrooms with a beautiful master ensuite includ ...
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BY CONOR HUMPHRIES, REUTERS JANUARY 26, 2012
DUBLIN - An unemployed Irish artist has built a home from the shredded remains of 1.4 billion euros ($1.82 billion), a monument to the "madness" he says has been wrought on Ireland by the single currency, from a spectacular construction boom to a wrenching bust.
Frank Buckley built the apartment in the lobby of a Dublin office building that has lain vacant since its completion four years ago at the peak of an ill-fated construction boom, using bricks ...
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posted in General
at Thu, 26 Jan 2012 11:23:58 -0700
The River development also has two sales over $5 million BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 25, 2012
CALGARY — Calgary condo sales have reached new heights after a luxury unit fetched a record $8.3 million, before construction has begun.
The 5,260-square-foot condo will cover the entire 12th floor of the 15-storey development called The River, located along the Elbow River, which flows through the southern portion of the city.
Already, more than $30 million in real estate has be ...
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posted in General
at Wed, 25 Jan 2012 11:29:25 -0700
Vancouver second least affordable in world BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 23, 2012
Calgary’s housing market was rated as one of the most affordable in Canada by an international survey.
CALGARY — Calgary’s housing market was rated as ‘moderately unaffordable’ by an international survey released Monday which also shows Vancouver as the second least affordable in the world.
The Eighth Annual Demographia International Housing Affordability Survey, which ...
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posted in General
at Mon, 23 Jan 2012 22:13:25 -0700
Increasing consumer confidence cited for growth BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 19, 2012
Increasing consumer confidence in the second half of the year will boost the city's resale housing market pushing MLS sales and average prices higher for the year, says the Calgary Real Estate Board.
At its annual forecast breakfast on Wednesday, CREB predicted single-family home sales would jump 12.2 per cent in 2012 to 14,800 transactions while the average sale price would increase by 2.1 per ...
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posted in General
at Thu, 19 Jan 2012 11:38:51 -0700
Just added this listing: "Fantastic location on a QUIET CIRCLE, backing onto a GREEN SPACE with gorgeous MOUNTAIN VIEWS. Lovingly maintained & in mint condition, this beautiful fully developed family home boasts central air conditioning & features 4 bedrooms & 4 bathrooms. Hardwood & ceramic tile adorn the open main floor which includes an open great room adjacent to the beautiful kitchen with center island, corner pantry, black appliances & spacious nook area with door leading to the custom pe ...
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Just sold this listing: "From the moment you step into this condo, you will feel at home. The stunning, eye-catching, kitchen is complete with stainless steel appliances, granite countertops and built-in wine fridge. Your living room is a perfect retreat with vaulted ceilings and beautiful city views. You will enjoy these luxuries in peace, as this is a very quiet building. To complete this wonderful living space are two bedrooms and two full bathrooms, including an en-suite off the master bedr ...
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Just sold this listing: "Beautifully maintained two storey split in Strathbury Estates. This gorgeous home has been extremely well kept and offers an abundance of natural light. Main floor features a bright and sunny living room with huge bay window, formal dining room, spacious kitchen with oak cabinets, dining nook, family room with oak built-ins and wood burning fireplace, additional bedroom/den and convenient main floor laundry. Upstairs you'll find three good sized bedrooms, master with en ...
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Developments could break ground by this summer BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 17, 2012
A rendering of a portion of the three-tower residential-retail development proposed by Bosa Embassy Inc. for East Village. CALGARY — A sales and marketing centre for residential development in the East Village will open April 1.
Michael Brown, president and chief executive for Calgary Municipal Land Corporation, confirmed Tuesday that the 8,000-square-foot centre will educate interested ...
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posted in General
at Tue, 17 Jan 2012 10:47:07 -0700
Up 7.0% from the previous year BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 16, 2012
CALGARY — Calgary MLS sales in 2011 bested the Canadian average for year-over-year growth, according to the Canadian Real Estate Association.
In releasing its year-end data on Monday, the association said sales of 22,466 units last year were up 7.0 per cent from the previous year while in Canada sales grew by 2.2 per cent to 456,749 transactions.
Sales across Alberta jumped by 6.9 per cent to 53,146 units ...
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posted in General
at Mon, 16 Jan 2012 11:39:03 -0700
CALGARY, Alberta (Reuters) - Finance Minister Jim Flaherty pointed on Wednesday to encouraging indications of growth in Canada, despite difficult economic times in Europe and elsewhere.
"There are good signs of moderate growth across the Canadian economy, including in manufacturing - for example, the auto sector in Ontario, which has shown considerable strength in 2011 and is expected to do so in 2012 again," he told reporters on a cross-country tour ahead of the annual budget.
Flaherty also sa ...
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posted in General
at Wed, 11 Jan 2012 13:22:59 -0700
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 4, 2012
CALGARY — Calgary’s residential real estate market is poised to turn the corner as 2012 will signal increasing demand for housing in the city, says the president of the Calgary Real Estate Board.
“I believe it’s imminent that we’ll start to see the result of all those economic indicators come to fruition and hit the ground, get traction this coming year. It’s got to happen,” said Sano Stante in a year-e ...
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posted in General
at Mon, 09 Jan 2012 16:59:31 -0700
Just added this listing: "This is your opportunity to own one of the most unique penthouse lofts in Calgary. This gorgeous 2 bedroom, 2.5 bath condo in Mission offers almost 1500 sq ft of living space. Bright and open main floor with soaring 20 ft ceilings, gourmet maple kitchen complete with granite countertops and stainless appliances, maple hardwood floors, granite surround fireplace and large windows that flood the unit with an abundance of natural light. The one of a kind upper loft has re ...
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Single-family and condo transactions both increase BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 2, 2012 CALGARY — Calgary single-family and condominium MLS sales in 2011 both topped levels recorded in the previous year, according to preliminary unofficial data.
On the website of Calgary realtor Mike Fotiou, of First Place Realty, it says year-end sales in the single-family market reached 13,186 in 2011, up from 12,091 in 2010. Condo sales rose to 5,382 units in 2011, up from 4,858 the p ...
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posted in General
at Tue, 03 Jan 2012 16:07:14 -0700
BY MARIO TONEGUZZI, CALGARY HERALD DECEMBER 20, 2011
CALGARY — Canada’s ongoing housing boom is in its 13th year but showing some signs of cooling, says a global real estate report released Tuesday.
The Global Real Estate Trends report, authored by Adrienne Warren, senior economist and real estate specialist with Scotia Economics, said Canada has been a “notable outperformer” in the housing market compared with nine other developed countries including France, Switzerland ...
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posted in General
at Thu, 29 Dec 2011 11:06:28 -0700
Just sold this listing: "***Open House Sat Nov 19th from 2-4pm***Gorgeously renovated two bed two bath unit in Pearce Gardens priced to sell! This beautiful 3rd floor unit has recently been updated with modern laminate and charcoal tile flooring, new paint and a freshly tiled travertine fireplace. Master bedroom is equipped with a California style walk-through closet and 4-piece ensuite. Ideal floor plan for roommates with separated bedrooms and a bathroom for each. Spacious open floor plan ide ...
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BY MARIO TONEGUZZI, CALGARY HERALD NOVEMBER 29, 2011
Sales of Calgary homes in October increased compared with a year ago.
Photograph by: Ted Rhodes, Calgary Herald CALGARY — Calgary’s resale housing market saw sales grow in October but the average price dip, according to the Conference Board of Canada.
In a report released Tuesday, the board said the seasonally-adjusted annualized rate of sales in Calgary was 22,572 during the month, up from 22,344 in September and an increase fro ...
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posted in General
at Wed, 30 Nov 2011 10:57:21 -0700
Job and net migration growth fuel housing demand BY MARIO TONEGUZZI, CALGARY HERALD NOVEMBER 22, 201
CALGARY — Alberta will be the only province next year to buck the national trend for housing starts across the country.
According to an October 2011 Housing Forecast report released Tuesday by Altus Group, only Alberta is expected to see an increase in housing starts in 2012.
Subdued economic growth will take the “sizzle” out of Canadian housing starts in 2012 and deteriorati ...
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posted in General
at Wed, 23 Nov 2011 11:49:40 -0700
Just added this listing: "Perhaps the best value in Evergreen! This gorgeous 1900 sq ft Trico home has been beautifully decorated throughout and is priced to sell! Main floor features maple hardwood, gas fireplace, mocha cabinets, stainless appliances and a great open layout for entertaining. Upstairs you'll find a huge bonus room, laundry, three bedrooms including a huge master with walk-in closet and a nicely appointed 5-piece ensuite. This amazing home also comes equipped with designer Hunte ...
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Just sold this listing: "Gorgeous two bedroom condo located in the heart of Marda Loop! This spacious unit comes complete with dark espresso kitchen, stainless steel appliances, breakfast bar, laminate flooring throughout, in-suite front loading washer and dryer, fully tiled bathroom with soaker tub and much more! Desirable main floor corner unit with West exposure, large windows, and lots of natural light. Sunny balcony elevated off ground level for increased security. Titled and secured under ...
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Just sold this listing: "This bank foreclosure is priced to sell! Lovely two storey home in Riverbend complete with 4 bedrooms and 3.5 baths with over 2100 sq ft of total living space. Fully developed on all levels with three bedrooms up including master ensuite & walk-in closet, fireplace on the main and a bedroom, rec room and full bathroom with jetted tub in the basement. As well, this home backs onto a beautiful green space, ideal for a young family. Truly a fantastic deal to live in a prim ...
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TORONTO (Reuters) - Canada released a new C$100 bill made of plastic on Monday, its first step in replacing an entire series of banknotes to thwart counterfeiters and persuade retailers it's safe to accept big bills.
The brown polymer note, identical in size and color to the existing paper C$100 note, is made with the same plastic used by some 32 other countries. But Canada is the first to add a metallic hologram that is especially difficult to fake.
The release of the plastic C$100 note comes ...
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posted in General
at Tue, 15 Nov 2011 10:51:32 -0700
Just added this listing: "This bank foreclosure is priced to sell! Lovely two storey home in Riverbend complete with 4 bedrooms and 3.5 baths with over 2100 sq ft of total loving space. Fully developed on all levels with three bedrooms up including master ensuite & walk-in closet, fireplace on the main and a bedroom, rec room and full bathroom with jetted tub in the basement. As well, this home backs onto a beautiful green space, ideal for a young family. Truly a fantastic deal to live in a pri ...
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Just sold this listing: "This is not your typical cookie cutter home in Discovery! This customized Rock Creek Home has the feeling of comfort with all of the modern touches you'll find in a million dollar home. Gourmet kitchen ideal for entertaining with high end stainless appliances, including a Dynasty gas range, caesarstone quartz countertops, endless storage in the ceiling height maple cabinets and much more. Dark espresso oak hardwood floors and a gorgeous wall of south facing windows in t ...
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But pipeline decision could impact development BY MARIO TONEGUZZI, CALGARY HERALD NOVEMBER 1, 2011
CALGARY — The big question for the future of Calgary’s commercial real estate market is whether the United States approves a new oilsands pipeline through Alberta and south of the border in the face of environmental challenges, says a report released Tuesday.
“A go signal could rev up the market to another level,” says the PricewaterhouseCoopers and Urban Land Institute&r ...
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posted in General
at Tue, 01 Nov 2011 20:36:38 -0600
Just added this listing: "Perhaps the best deal on an acreage in the greater Calgary area! This gorgeous 4.37 acre parcel in Prairie Royal Estates is a complete turn key sale. The house is completely wrapped in brick and natural stone with a new 50 yr roof, over 3000 sq ft of total living space including 4 bedrooms, 3.5 bathrooms, 9 foot ceilings, fully wired entertainment center and home gym included in the price, 2 furnaces, 2 hot water tanks, water softener, reverse osmosis filtered water, t ...
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Just added this listing: "Amazing opportunity to get into the inner city market! This gorgeous one bedroom condo is located steps from 17th Ave, restaurants, shopping and a host of other great amenities. Completely renovated a few years back, this beautiful suite includes granite countertops, sleek black appliances, maple cabinets, hardwood floors and an in-suite washer & dryer with extra storage. Very well kept with an outside parking stall and priced to sell! Low condo fees and a rock bottom ...
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Just added this listing: "From the moment you step into this condo, you will feel at home. The stunning, eye-catching, kitchen is complete with stainless steel appliances, granite countertops and built-in wine fridge. Your living room is a perfect retreat with vaulted ceilings and beautiful city views. You will enjoy these luxuries in peace, as this is a very quiet building. To complete this wonderful living space are two bedrooms and two full bathrooms, including an en-suite off the master bed ...
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Just added this listing: "Luxury meets affordability in the inner city. These gorgeous attached infills in West Hillhurst are scheduled for completion mid December. Over 2700 sq ft of developed space in these luxurious homes featuring natural stone flooring, double sided fireplaces on the main and master, open raiser wood stairs with glass railings, skylights and much more! Modern chef's kitchen is complete with two-tone cabinets, upgraded stainless appliances including gas range and atlantic w ...
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Just sold this listing: "Gorgeously renovated two bedroom townhouse in Bridgeland. This contemporary condo offers a modern espresso kitchen with upgraded laminate hardwood flooring on the main. Two large bedrooms upstairs with an upgraded 4-piece bathroom provide a ton of living space at an unbeatable price. This unit also has in-suite laundry, storage locker, assigned parking stall in the back and plenty of extra street parking in front for people with multiple vehicles. Great building with on ...
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Just added this listing: "This is not your typical cookie cutter home in Discovery! This customized Carriage Home has the feeling of comfort with all of the modern touches you'll find in a million dollar home. Gourmet kitchen ideal for entertaining with high end stainless appliances, including a Dynasty gas range, caesarstone quartz countertops, endless storage in the ceiling height maple cabinets and much more. Dark espresso oak hardwood floors and a gorgeous wall of south facing windows in th ...
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Just added this listing: "Quality constructed Jaymen building in Mackenzie Towne perfect for the first-time buyer. This gorgeous two bedroom unit is complete with a trendy maple kitchen, black appliances, modern colours and a gorgeous view of the park. Good sized master bedroom with his and hers closets, cheater ensuite including extra storage room and stacking washer/dryer. Unbeatable price with LOW CONDO FEES that include heat and electricity. As well, underground heated parking and an additi ...
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Calgary Municipal Land Corporation cited for excellence in project development BY MARIO TONEGUZZI, CALGARY HERALD OCTOBER 5, 2011
CALGARY — Calgary Municipal Land Corporation has been named a recipient of a national ‘Brownie’ Award from the Canadian Urban Institute for Best Overall Project — Large Scale for its work on the East Village redevelopment project.
The CUI Brownie Awards recognize leadership and innovation in brownfield redevelopment, and place emphasis on pr ...
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posted in General
at Sat, 08 Oct 2011 10:10:47 -0600
Just added this listing: "Gorgeous two bedroom condo located in the heart of Marda Loop! This spacious unit comes complete with dark espresso kitchen, stainless steel appliances, breakfast bar, laminate flooring throughout, in-suite front loading washer and dryer, fully tiled bathroom with soaker tub and much more! Desirable main floor corner unit with West exposure, large windows, and lots of natural light. Sunny balcony elevated off ground level for increased security. Titled and secured unde ...
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BY KIM COVERT, FINANCIAL POST SEPTEMBER 29, 2011 OTTAWA — Housing sales and prices should remain fairly steady into next year, as a slowing economy is balanced by low mortgage rates and relatively low unemployment, a report to be issued Friday by BMO Capital Markets suggests.
"Low interest rates have fuelled Canada's housing market in the past decade, pushing prices to new highs in most regions," said senior economist Sal Guatieri. "However, a weaker economy and new mortgage rules have ...
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posted in General
at Sun, 02 Oct 2011 11:47:59 -0600
Increase of 2.3% in July from June BY MARIO TONEGUZZI, CALGARY HERALD SEPTEMBER 28, 20
CALGARY — A survey of repeat home sales shows Calgary prices increased in July by 2.3 per cent from the previous month.
But the Teranet-National Bank House Price Index, released Wednesday, also indicated Calgary prices are down 0.9 per cent from a year ago — the only centre in the survey to experience a year-over-year price decline.
The index is estimated by tracking observed or registered home ...
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posted in General
at Wed, 28 Sep 2011 16:50:11 -0600
Standing out in resilience and longevity BY MARIO TONEGUZZI SEPTEMBER 27, 2011 10:01 AM
CALGARY — The renewed slowdown in global economic activity is putting further downward pressure on already-weak residential property markets across much of the developed world, according to the latest Global Real Estate Trends report released Tuesday by Scotia Economics.
And while Canada’s hot housing market also has begun to cool, it remains a “notable outperformer,” says Adrienne ...
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posted in General
at Tue, 27 Sep 2011 13:04:18 -0600
Keynote Urban Village and University City to launch new towers BY MARIO TONEGUZZI, CALGARY HERALD SEPTEMBER 20, 2011
CALGARY — Are we looking at another residential condominium boom in the city?
This weekend two high-profile projects launch sales initiatives on the next phases of their developments to capture the renewed interest in the market.
Keynote Urban Village is opening its doors Saturday to a new show suite for its Residential Tower Two project in the east Beltline area while Un ...
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posted in General
at Tue, 20 Sep 2011 17:21:14 -0600
Just added this listing: "Gorgeously renovated two bed two bath unit in Pearce Gardens priced to sell! This beautiful 3rd floor unit has recently been updated with modern laminate and charcoal tile flooring, new paint and a freshly tiled travertine fireplace. Master bedroom is equipped with a California style walk-through closet and 4-piece ensuite. Ideal floor plan for roommates with separated bedrooms and a bathroom for each. Spacious open floor plan ideal for entertaining and a good sized pa ...
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BY MARIO TONEGUZZI SEPTEMBER 15, 2011 12:02 PM
CALGARY — MLS sales in Calgary rose by 22.1 per cent in August compared with a year ago — a greater year-over-year rate of growth than the rest of the country.
The Canadian Real Estate Association said Thursday that Calgary recorded 1,907 MLS sales for all residential properties during the month for an average price of $394,251, up 2.2 per cent from last year.
New listings in Calgary rose by 11.7 per cent in August to 3,819 and the sale ...
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posted in General
at Thu, 15 Sep 2011 14:46:15 -0600
Just added this listing: "Gorgeously renovated two bedroom townhouse in Bridgeland. This contemporary condo offers a modern espresso kitchen with upgraded laminate hardwood flooring on the main. Two large bedrooms upstairs with an upgraded 4-piece bathroom provide a ton of living space at an unbeatable price. This unit also has in-suite laundry, storage locker, assigned parking stall in the back and plenty of extra street parking in front for people with multiple vehicles. Great building with o ...
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BNN.ca staff 2:02 PM, E.T. | September 6, 2011 Canadian, Economy
Investors expecting that the Bank of Canada will maintain its hawkish tone when it announces its interest policy on Wednesday will be disappointed, according to an economist at Goldman Sachs. The interest rate decision comes after recent reports showed the Canadian economy contracted in the second quarter.
"In terms of policy, at a minimum, the BoC will decide to keep rates on hold this meeting and this 'warning' language will b ...
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posted in General
at Tue, 06 Sep 2011 13:46:25 -0600
2.2% annual hikes in 2011, 2012 BY MARIO TONEGUZZI, CALGARY HERALD AUGUST 24, 2011 Calgary region MLS average sale prices are expected to increase in the next two years.
CALGARY — House prices in the Calgary region are expected to rise in the next two years, according to Canada Mortgage and Housing Corp.
In a new forecast report released Wednesday, the CMHC said the annual growth rate for MLS average prices in the Calgary census metropolitan area will be 2.2 per cent in 2011 and the s ...
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posted in General
at Wed, 24 Aug 2011 16:14:59 -0600
Just added this listing: "Beautifully maintained two storey split in Strathbury Estates. This gorgeous home has been extremely well kept and offers an abundance of natural light. Main floor features a bright and sunny living room with huge bay window, formal dining room, spacious kitchen with oak cabinets, dining nook, family room with oak built-ins and wood burning fireplace, additional bedroom/den and convenient main floor laundry. Upstairs you'll find three good sized bedrooms, master with e ...
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Several projects in motion
BY KIM GUTTORMSON, CALGARY HERALD JULY 14, 2011
In a sign of rising optimism about Calgary's housing market, a number of condo towers in the city's centre are moving ahead - including two that stalled with the economy, with shovels already in the ground.
"It's all very positive," says David Watson, the city's general manager of planning, development and assessment.
"It says to me people are pretty optimistic about the future, any of these plans are probably a two-year ...
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posted in General
at Mon, 18 Jul 2011 10:34:46 -0600
Just sold this listing: "Gorgeous townhome in Country Hills with over 1300 sq ft of developed living space. This beautiful two bedroom, 2.5 bathroom home features a bright white kitchen, laminate flooring throughout the main, gas fireplace, designer paint colors and much more! Upstairs, you'll find a huge master bedroom with ensuite and walk-in closet, spacious second bedroom and full second bath. Basement has been partially developed with a den/exercise room and laundry. Great unit at an unbel ...
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Just sold this listing: "Unbeatable deal on this bank foreclosure in Queensland. This home is vacant and ready for immediate possession. Fully developed townhouse with bright white kitchen, laminate floors on the main, three large bedrooms up and an additional family room in the basement. Ideal for a first-time buyer or young family. Fenced back yard and assigned parking stall. Sold "as-is where-is" with no warranties or representations. Schedule "A" must accompany all offers. Call today for yo ...
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Buyers use Net to research mortgages
BY MARIO TONEGUZZI JUNE 22, 2011
CALGARY — The Internet has become a valuable resource for homebuyers, according to the 2011 Mortgage Consumer Survey by Canada Mortgage and Housing Corp., released Wednesday.
Among recent buyers using an online search engine, the most popular search terms included interest rates (86 per cent), mortgage options (76 per cent) and mortgage calculators (69 per cent). Of those who noted using the Internet during their resear ...
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posted in General
at Wed, 22 Jun 2011 08:44:35 -0600
By MARIO TONEGUZZI THU, JUN 9 2011 After some encouraging signs of revival last year, residential real estate markets in much of the developed world are losing momentum — or in some cases, even reversing course, according to the latest Global Real Estate Trends report released today by Scotia Economics.
"Increasing nervousness over global economic prospects alongside rising food and gas prices and persistently high unemployment are keeping potential buyers on the sidelines despite highl ...
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posted in General
at Tue, 14 Jun 2011 17:09:58 -0600
Calgary region among highest in Canada
BY MARIO TONEGUZZI JUNE 9, 2011
CALGARY — Alberta has the highest average monthly rental rate in the country and the Calgary region is among the highest in Canada of major centres, according to a survey released Thursday by Canada Mortgage and Housing Corp.
The agency in its Rental Market Survey said provincially the highest average monthly rent for a two-bedroom unit in new and existing structures in April was Alberta’s $1,029 followed by Brit ...
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posted in General
at Thu, 09 Jun 2011 13:33:35 -0600
Just sold this listing: "Beautiful two storey home with over 1500 sq ft of living space plus a partially developed suite in the basement. This gorgeous Shane home comes complete with maple kitchen, black appliances, vaulted living room, spacious front sitting room, 3 bedrooms up, master with ensuite, and convenient upstairs laundry. As well, the basement is waiting for your final touch to complete the two bedroom illegal suite. Separate laundry and entrance for the basement suite make this a gr ...
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Condo market sees decreases BY MARIO TONEGUZZI, CALGARY HERALD JUNE 1, 2011
CALGARY — Single-family MLS sales and the average sale price rose in May compared with a year ago, according to the Calgary Real Estate Board.
In releasing its monthly data Wednesday, CREB said there were 1,313 single-family transactions for an average price of $489,482 during the month. Sales were up 4.04 per cent from the 1,262 sales in May 2010 and the average price increased by 1.29 per cent from the $483,240 ...
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posted in General
at Sat, 04 Jun 2011 15:04:43 -0600
Just sold this listing: "Ultra modern top floor one bedroom condo located steps from downtown in Luxe Developments Vu. The contemporary interior comes complete with hardwood floors, in-floor heating, two-tone lacquer cabinetry, Caesar stone quartz counter tops, stainless steel Kitchen Aid appliances, and a stacking washer/dryer. Beautiful views of Bridgeland and Crescent Heights from the balcony, close to downtown, Starbucks, restaurants and a host of other great amenities. Heated underground p ...
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Just added this listing: "Gorgeous townhome in Country Hills with over 1300 sq ft of developed living space. This beautiful two bedroom, 2.5 bathroom home features a bright white kitchen, laminate flooring throughout the main, gas fireplace, designer paint colors and much more! Upstairs, you'll find a huge master bedroom with ensuite and walk-in closet, spacious second bedroom and full second bath. Basement has been partially developed with a den/exercise room and laundry. Great unit at an unbe ...
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Contraction expected this year BY MARIO TONEGUZZI MAY 24, 2011
CALGARY — After contracting this year, housing starts are forecast to bounce back in Calgary in 2012, says an Altus Group Housing Report.
The report by the economic consulting firm says total starts in Calgary for 2011 are expected to be 8,200 in 2011, falling from the 9,300 experienced in 2010. The forecast for 2012 is 9,700 housing starts.
A key factor is job growth. The report says job recovery bypassed Calgary last year & ...
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posted in General
at Tue, 24 May 2011 13:52:42 -0600
Up 51% this year BY MARIO TONEGUZZI MAY 18, 2011
CALGARY — Luxury home sales in Calgary have soared this year compared with a year ago, according to a report released Wednesday by RE/MAX.
The real estate firm noted that 145 homes have sold from more than $1 million year-to-date until the end of April, a 51 per cent hike from the 96 sold for the same period in 2010.
Tamara Pilipchuk, a realtor with RE/MAX House of Real Estate in Calgary, said some key factors contributing to the rise in t ...
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posted in General
at Sat, 21 May 2011 09:47:24 -0600
BY MARIO TONEGUZZI, CALGARY HERALD MAY 20, 2011
CALGARY — Short-term year-over-year price growth for Calgary’s housing market is expected to be in the five to seven per cent range, says the Conference Board of Canada.
The board’s Metro Resale Index indicates the average price in the city for a residential property in April was $407,900, up from $393,427 in March and from $395,468 in April 2010.
The board also classified Calgary’s housing market as being in balanced condi ...
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posted in General
at Fri, 20 May 2011 09:46:21 -0600
Just sold this listing: "If you're looking for a contemporary infill without having to share a wall with your neighbours, this is the house for you! Get an abundance of natural light in this gorgeous DETACHED home in Tuxedo. This 3 bedroom, 3.5 bath home offers top of the line finishing, A/C and a great location without the huge price tag. Main floor has site-finished angled hardwood, glass burning fireplace, large kitchen with granite, professional s/s appliances, and eating area looking out t ...
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Just sold this listing: "Gorgeous two storey home in Copperfield with over 1800 sq ft of living space. This beautiful home features mocha hardwood floors on the main, large kitchen with espresso maple cabinets, black appliances, breakfast bar, corner pantry, spacious dining area, gas fireplace and much more. Upstairs is complete with laundry room, three large bedrooms, master with walk-in closet and ensuite with a cozy soaker tub. Enjoy the sun all summer on the spacious deck in the west facing ...
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Just sold this listing: "Over 1700 sq ft of developed living space in this gorgeously updated home in McKenzie Lake. Main floor features new espresso laminate flooring, ceramic tile entrance and half bath, antique white kitchen with upgraded appliances, laundry room with extra storage and much more. Upstairs you'll find brand new carpeting, three spacious bedrooms and convenient master ensuite. Fully developed basement with large entertainment room and plenty of extra storage. Freshly painted t ...
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Just added this listing: "Gorgeous two storey home in Copperfield with over 1800 sq ft of living space. This beautiful home features mocha hardwood floors on the main, large kitchen with espresso maple cabinets, black appliances, breakfast bar, corner pantry, spacious dining area, gas fireplace and much more. Upstairs is complete with laundry room, three large bedrooms, master with walk-in closet and ensuite with a cozy soaker tub. Enjoy the sun all summer on the spacious deck in the west facin ...
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Just added this listing: "Unbeatable deal on this bank foreclosure in Queensland. This home is vacant and ready for immediate possession. Fully developed townhouse with bright white kitchen, laminate floors on the main, three large bedrooms up and an additional family room in the basement. Ideal for a first-time buyer or young family. Fenced back yard and assigned parking stall. Sold "as-is where-is" with no warranties or representations. Schedule "A" must accompany all offers. Call today for y ...
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Just added this listing: "Ultra modern top floor one bedroom condo located steps from downtown in Luxe Developments Vu. The contemporary interior comes complete with hardwood floors, in-floor heating, two-tone lacquer cabinetry, Caesar stone quartz counter tops, stainless steel Kitchen Aid appliances, and a stacking washer/dryer. Beautiful views of Bridgeland and Crescent Heights from the balcony, close to downtown, Starbucks, restaurants and a host of other great amenities. Heated underground ...
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Sales to rise at modest level this year: Economist
BY MARIO TONEGUZZI, CALGARY HERALD MAY 4, 2011
CALGARY — Improving economic conditions and employment growth will lead to Alberta’s recovery in the residential real estate market, says a national economist.
Warren Jestin, senior vice-president and chief economist with Scotiabank, who was in Calgary Wednesday, said housing demand in the province is underpinned by rising employment and incomes, low borrowing costs and population inflo ...
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posted in General
at Thu, 05 May 2011 10:18:07 -0600
Just added this listing: "***Open House Sun May 8th 1pm - 4pm*** If you're looking for a contemporary infill without having to share a wall with your neighbours, this is the house for you! Get an abundance of natural light in this gorgeous DETACHED home in Mt Pleasant. This 3 bedroom, 3.5 bath home offers top of the line finishing, A/C and a great location without the huge price tag. Main floor has site-finished angled hardwood, glass burning fireplace, large kitchen with granite, professional ...
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BY KATHY MCCORMICK, CALGARY HERALD APRIL 21, 2011
Everyone loves water, so living in a community that has its own private lake as a focal point is a bonus.
But for one particular community, it’s not just the lake — it’s everything else that has put it in the spotlight.
Brookfield Residential Properties (formerly Carma Developers) won two developer awards for its Auburn Bay community in southeast Calgary.
The honour was announced at the recent Calgary region SAM (Sales and Mark ...
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posted in General
at Wed, 27 Apr 2011 10:46:58 -0600
Just added this listing: "Beautiful two storey home with over 1500 sq ft of living space plus a partially developed suite in the basement. This gorgeous Shane home comes complete with maple kitchen, black appliances, vaulted living room, spacious front sitting room, 3 bedrooms up, master with ensuite, and convenient upstairs laundry. As well, the basement is waiting for your final touch to complete the two bedroom suite. Separate laundry and entrance for the basement suite make this a great hom ...
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By Kathy McCormick, Calgary Herald
Affordability of housing is evident in the number of single-family sales in the first quarter of this year, according to the latest statistics from the Calgary Real Estate Board.
And you'll want to look to the board's Zone B for those homes.
A full nine communities in the area -which represents most of northeast Calgary -sold for an average price under $300,000. That represents 368 resale homes out of 403 in total in that category.
The most affordable communit ...
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posted in General
at Thu, 21 Apr 2011 10:10:06 -0600
Wed Apr 20, 2011 1:02pm
By Kelvin Soh
HONG KONG (Reuters) - Apple's next-generation iPhone will have a faster processor and will begin shipping in September, three people with direct knowledge of the company's supply chain said.
The production of the new iPhone will start in July/August and the smartphone will look largely similar to the iPhone 4, one of the people said on Wednesday.
The iPhone -- introduced in 2007 with the touchscreen, on-demand application template now adopted by its rivals ...
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posted in General
at Wed, 20 Apr 2011 11:34:35 -0600
BY JASON MARKUSOFF, CALGARY HERALD APRIL 15, 2011
The cost of new homes in Calgary could rise by about $8,000 under a proposed agreement between the city and developers that would see developers carry more of the cost of building new suburbs. The deal needs city council’s seal of approval.Photograph by: Colleen De Neve, Calgary Herald Calgary’s development industry is urging council to accept a new suburban levy deal that adds about $8,000 per new home, but also demands the city c ...
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posted in General
at Sun, 17 Apr 2011 11:33:52 -0600
BY MARIO TONEGUZZI, CALGARY HERALD APRIL 15, 2011
Calgary residential MLS sales have fallen in the first quarter of this year compared with a year ago.
CALGARY — The average MLS sale price of a residential property in Calgary has increased slightly so far this year compared with 2010.
The Canadian Real Estate Association reported Friday that year-to-date, for the first quarter of 2011, the average residential price was $398,558, up one per cent compared with the first quarter of 2010.
At ...
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posted in General
at Fri, 15 Apr 2011 14:06:22 -0600
Just sold this listing: "OPEN HOUSE SAT. MAR. 19 & SUN. MAR. 20. 2-4PM. This beautiful condo absolutely has it all! Walk in off the street to your own private foyer and up a wide staircase to a gourmet kitchen complete with granite counter tops, stainless steel appliances and an island. The living space is well laid out with a corner gas fireplace and large windows leading to a fabulous west facing balcony. Both bathrooms feature heated tile floors and the bedrooms are a great size. Fresh paint ...
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Most likely age group to purchase a new home in the next two years
BY MARIO TONEGUZZI, CALGARY HERALD APRIL 7, 2011
CALGARY — Once Joseph Silot and Amy Cruz were pre-approved for a mortgage, it took them about a month or so to find a home to purchase.
The young Calgary couple viewed about 30 houses and condos before making their decision to buy a condo in the northwest neighbourhood of Sunnyside.
“Numerous factors contributed to our choice to purchase a home,” said the 27-year ...
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posted in General
at Mon, 11 Apr 2011 22:21:03 -0600
Provincial commodity boom to boost real estate
BY MARIO TONEGUZZI, CALGARY HERALD APRIL 7, 2011
Real estate expert Don Campbell says Calgary house prices will rise in the next few years because of a strong Alberta economy.
CALGARY — Average house prices in Calgary could flirt with record levels within the next two years due to a commodity boom in the province, says a real estate industry analyst.
Don Campbell, president of the Real Estate Investment Network, said house prices could increa ...
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posted in General
at Mon, 11 Apr 2011 10:26:52 -0600
Nearly one-third of sales under $300,000 level
BY MARIO TONEGUZZI, CALGARY HERALD APRIL 5, 2011
CALGARY — First-time buyers have re-entered the Calgary resale housing market with “a renewed sense of confidence,” says a report released Tuesday by real estate firm Re/Max.
In the first two months of this year, 32 per cent of all sales occurred under $300,000 in Calgary, said the report.
Average price in the metro area was about $410,000, it said.
“The strength of the entry- ...
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posted in General
at Wed, 06 Apr 2011 09:49:29 -0600
Just sold this listing: "THEIR LOSS IS YOUR GAIN!!! SELLING OVER $100,000 BELOW WHAT THE OWNER PAID IN 2007! Urban Flats is a low-rise condo surrounded by trees and a private hedge. Upscale in design and with beautiful hardwood floors, this top-floor, two bedroom unit features the perfect balance of urban style, retro cool, and chic elegance. Slate floors in the kitchen and bathroom are complimented by beautiful maple style cabinets, black appliances and a new ensuite washer/dryer combo. The sp ...
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By: Elizabeth Weintraub
Source: www.daverutherford.com
Almost everybody loves pets except the home buyer who is buying your house. Don't ask me why, but that's often how it works out. Home sellers who adore their pets -- and I count myself as a huge pet lover -- have a hard time imagining the negative attitudes others harbor against pets. So, while this might be a bitter pill to swallow, if you want to get top dollar for your house, pay attention to how much you might lose with a dog or cat in ...
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posted in General
at Mon, 04 Apr 2011 11:15:43 -0600
Just sold this listing: "Steal of a deal on this beautiful one bedroom renovated condo in Renfrew. Over 600 sq ft of space in this large one bedroom unit featuring stainless appliances, trendy maple cabinets, tiled entry way and bathroom, gas fireplace, in-suite laundry and much more! Prime location, close to all amenities, and includes a covered parking stall. Great opportunity for the firsttime buyer! Call today to set up your private showing because this beauty won't be around for long!"
Full Article...
Just sold this listing: "Amazing opportunity to own this stunning attached infill in Highland Park. This gorgeous home has been finished with the highest standards of quality throughout. Located within walking distance of the Highland Golf Course and a quick drive to downtown. Main floor features walnut hardwood, baseboards and casings, beautiful winding staircase that flows elegantly into the open concept living & dining area with 2-sided fireplace for your enjoyment. Gourmet kitchen with gran ...
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Local market classified as balanced
BY MARIO TONEGUZZI, CALGARY HERALD MARCH 23, 2011
CALGARY — Short-term year-over-year price growth is expected to be in the five to seven per cent range for Calgary, according to the Conference Board of Canada.
In releasing its monthly Metro Resale Index on Wednesday, the board said Calgary’s real estate market is currently classified as being under balanced conditions.
In February, the average residential resale price rose to $406,216, up from $4 ...
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posted in General
at Wed, 23 Mar 2011 09:26:25 -0600
Just added this listing: "THEIR LOSS IS YOUR GAIN!!! SELLING OVER $100,000 BELOW WHAT THE OWNER PAID IN 2007! Urban Flats is a low-rise condo surrounded by trees and a private hedge. Upscale in design and with beautiful hardwood floors, this top-floor, two bedroom unit features the perfect balance of urban style, retro cool, and chic elegance. Slate floors in the kitchen and bathroom are complimented by beautiful maple style cabinets, black appliances and a new ensuite washer/dryer combo. The s ...
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BY MARIO TONEGUZZI, CALGARY HERALD MARCH 15, 2011
CALGARY - Overall residential MLS sales and average prices rose in Calgary in February, according to the Canadian Real Estate Association.
In data released Tuesday, CREA said Calgary sales, which included all residential properties, were 1,917 for the month, up by 0.2 per cent from a year ago.
The average MLS sale price was $400,879, an increase of three per cent from February 2010.
Sano Stante, president of the Calgary Real Estate Board, said ...
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posted in General
at Sat, 19 Mar 2011 15:12:41 -0600
Just sold this listing: "Over 1750 sq ft of total living space in this fully developed 2-storey home in Coventry Hills. Beautiful open floor plan on the main includes a nice size oak kitchen with tile backsplash, breakfast bar, dining area and spacious living room. Main floor is perfect for entertaining with sunny west exposure leading you out onto the new maintenance free deck in the back yard. Upstairs is complete with three bedrooms including a master ensuite and walk-in closet. Basement is ...
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ROB CARRICK Globe and Mail Published Wednesday, Mar. 16, 2011
How would you like to be a disinterested bystander during the coming run-up in borrowing costs?
Toronto-Dominion Bank’s (TD-T82.30-0.42-0.51%) new special offer of a seven-year mortgage at 4.79 per cent will do that for you. Or, you can buy yourself a decade’s worth of protection against interest fluctuations with a 10-year mortgage at 4.99 per cent.
I’ve been doing this job long enough to remember when those rates ...
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posted in General
at Thu, 17 Mar 2011 10:46:18 -0600
Just added this listing: "OPEN HOUSE SAT MARCH 19TH FROM 1PM - 4PM --- Over 1700 sq ft of developed living space in this gorgeously updated home in McKenzie Lake. Main floor features new espresso laminate flooring, ceramic tile entrance and half bath, antique white kitchen with upgraded appliances, laundry room with extra storage and much more. Upstairs you'll find brand new carpeting, three spacious bedrooms and convenient master ensuite. Fully developed basement with large entertainment room ...
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Just added this listing: "OPEN HOUSE SAT. MAR. 12 & SUN. MAR. 13. 1-4PM. This beautiful condo absolutely has it all! Walk in off the street to your own private foyer and up a wide staircase to a gourmet kitchen complete with granite counter tops, stainless steel appliances and an island. The living space is well laid out with a corner gas fireplace and large windows leading to a fabulous west facing balcony. Both bathrooms feature heated tile floors and the bedrooms are a great size. Fresh pain ...
Full Article...
TORONTO (Reuters) - Canadian housing starts rose 6.6 percent in February, largely on a rise in starts of multi-unit buildings, Canada Mortgage and Housing Corp said on Tuesday.
Housing starts climbed to a seasonally adjusted annualized rate of 181,900 units in February from a revised 170,600 units in January. January starts were revised up slightly from 170,400.
Analysts, on average, had forecast 173,000 starts in February.
Urban starts rose by 9.4 percent to 161,000 units, driven by a 14.5 per ...
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posted in General
at Tue, 08 Mar 2011 11:11:27 -0700
Just sold this listing: "PRICE REDUCED FOR QUICK SALE!!! Almost 3000 sq ft of developed living space in this fully finished, AIR CONDITIONED, Cardel Custom Home in Cranston! Perfect for a large family featuring a plethora of unbelievable upgrades! Kitchen is complete with stainless appliances, gas stove, mocha maple cabinets with a ton of cupboard space, walk-through pantry, granite countertops, breakfast bar, stylish tile backsplash and much more! Large open floor plan is ideal for entertainin ...
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Just added this listing: "Steal of a deal on this beautiful one bedroom renovated condo in Renfrew. Over 600 sq ft of space in this large one bedroom unit featuring stainless appliances, trendy maple cabinets, tiled entry way and bathroom, gas fireplace, in-suite laundry and much more! Prime location, close to all amenities, and includes a covered parking stall. Great opportunity for the firsttime buyer! Call today to set up your private showing because this beauty won't be around for long!"
...
Full Article...
Condo sales down for 10 straight months
BY MARIO TONEGUZZI, CALGARY HERALD MARCH 1, 2011
Single-family home sales increased in February for the second consecutive month.
CALGARY - Single-family home sales and average prices were up in February compared with a year ago.
According to the Calgary Real Estate Board, sales in the single-family market hit 1,169 transactions last month for an average sale price of $461,786. In February 2010, there were 1,035 sales for an average price of $458,254.
It ...
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posted in General
at Wed, 02 Mar 2011 14:30:30 -0700
University City sparks interest with buyers
By Mario Toneguzzi, Calgary Herald February 18, 2011
CALGARY - A year ago, the new condo market in Calgary was "mired in a slump" but today it's "starting to show more life," says a residential real estate report by the Altus Group.
The economic consulting firm said the success of the planned University City project at the Brentwood Village shopping centre shows that LRT stations offer potential opportunities for condominium apartment developers.
Last ...
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posted in General
at Tue, 22 Feb 2011 16:42:03 -0700
TORONTO (Reuters) - Sales of existing homes in Canada climbed to the highest level since April 2010 in January, led by strong markets in Vancouver and Toronto, the Canadian Real Estate Association (CREA) said on Tuesday.
More than half of the local markets surveyed by CREA posted gains from the month before with a total of 39,481 homes sold in January, up 4.5 percent from 37,773 in December. Sales were down 6.6 percent from January 2010, however.
Sales may have risen because of the federal gove ...
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posted in General
at Tue, 15 Feb 2011 10:04:17 -0700
9.5% hike in transactions
BY MARIO TONEGUZZI, CALGARY HERALD FEBRUARY 10, 2011
CALGARY - Resale housing market activity has picked up in Alberta since last summer but "it still has some way to go before we can confidently declare it out of its lethargy," says a report released Thursday by RBC Economics.
It predicts resales in the province to grow by a nation-leading 9.5 per cent this year. Also, the average sale price of a detached bungalow is forecast to grow by a nation-leading 4.2 per cent i ...
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posted in General
at Sat, 12 Feb 2011 10:04:29 -0700
Average annual compounded rate of return 7.7%
BY MARIO TONEGUZZI, CALGARY HERALD FEBRUARY 8, 2011
CALGARY - Calgary homeowners earned among the highest compounded rate of return for real estate between 2000 and 2010, according to a report released Tuesday by Re/Max.
The report said the average residential price in the city grew from $176,305 in 2000 to $398,764 last year - an annual compounded rate of return of 7.7 per cent.
That bested the national average of 6.82 per cent. Across Canada, Re/M ...
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posted in General
at Tue, 08 Feb 2011 10:02:19 -0700
Just added this listing: "Over 1750 sq ft of total living space in this fully developed 2-storey home in Coventry Hills. Beautiful open floor plan on the main includes a nice size oak kitchen with tile backsplash, breakfast bar, dining area and spacious living room. Main floor is perfect for entertaining with sunny west exposure leading you out onto the new maintenance free deck in the back yard. Upstairs is complete with three bedrooms including a master ensuite and walk-in closet. Basement is ...
Full Article...
Check out what's been going on in the Calgary Market in January. I have a feeling we're in for a great year!
http://www.creb.com/public/documents/statistics/2011/package/res-stats-2011%20January.pdf
posted in General
at Wed, 02 Feb 2011 11:27:58 -0700
BY MARIO TONEGUZZI, CALGARY HERALD FEBRUARY 1, 2011
CALGARY - After eight consecutive months of year-over-year declines, MLS sales for single-family homes in Calgary showed a positive move forward in January to begin the new year.
According to preliminary and unofficial statistics on the website of realtor Mike Fotiou, of First Place Realty, there were 791 single-family sales last month, up from 762 in January 2010. Condominium sales however continued to struggle during the month posting the n ...
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posted in General
at Tue, 01 Feb 2011 11:35:44 -0700
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 24, 2011
A luxury penthouse condo in the Princeton Grand tower in Eau Claire sold for $4.1 million on the weekend, beating the previous record price of $3.7 million.Photograph by: Leah Hennel, Calgary Herald A luxury penthouse condominium in Eau Claire sold for $4.1 million on the weekend - the highest MLS sale price for a condo in Calgary.
The condo was listed at $4.497 million.
The listing by realtor Heather Waddell, of Royal LePage Foothills, descr ...
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posted in General
at Tue, 25 Jan 2011 18:31:00 -0700
Just added this listing: "Amazing opportunity to own this stunning attached infill in Highland Park. This gorgeous home has been finished with the highest standards of quality throughout. Located within walking distance of the Highland Golf Course and a quick drive to downtown. Main floor features walnut hardwood, baseboards and casings, beautiful winding staircase that flows elegantly into the open concept living & dining area with 2-sided fireplace for your enjoyment. Gourmet kitchen with gra ...
Full Article...
Resale market sees increase in seasonally-adjusted sales
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 21, 2011
Calgary's resale housing market saw annual seasonally-adjusted sales increase in December.Photograph by: Dean Bicknell
CALGARY - Short-term year-over-year price growth expectations for Calgary’s resale housing market is in the five to seven per cent range, according to the Conference Board of Canada.
The board’s Metro Resale Index, released Friday, said Calgary joins Victori ...
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posted in General
at Sat, 22 Jan 2011 11:12:31 -0700
Lenders and borrowers 'highly prudent'
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 19, 2011
CALGARY - Residential mortgage credit has expanded very rapidly in Canada during the past decade, at an average of about 10 per cent per year, raising fears about the level of risk in the mortgage market and possible consequences for the broader economy, says a new report.
The report - Revisiting the Canadian Mortgage Market-The Risk is Minimal - says the United States experience has provided a "sobering ...
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posted in General
at Wed, 19 Jan 2011 13:37:26 -0700
BY ANDREW MAYEDA, POSTMEDIA NEWS
OTTAWA -- Finance Minister Jim Flaherty is cracking down on Canadians' ability to qualify for a mortgage, in the government's latest attempt to rein in consumer debt.
Flaherty announced Monday the government is reducing the maximum amortization period for government-backed mortgages to 30 years from 35 years. The change will affect mortgages with loan-to-value ratios over 80 per cent.
Canadians will only be able to borrow up to 85 per cent of the value of their ...
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posted in General
at Mon, 17 Jan 2011 10:47:57 -0700
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 13, 2011
CALGARY - The road out of the recession has been an uphill but by no means steady climb for Calgary's economy.
And "depressed natural gas prices and the laggard economy in the United States" will continue to be a drag on the city's recovery, says Calgary Economic Development's State of the Economy semi-annual review, released in partnership with the Herald.
But oil prices recovering to pre-recessionary levels, strong recent indicators of forei ...
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posted in General
at Sat, 15 Jan 2011 10:35:59 -0700
Most building began in early part of year
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 12, 2011
Housing starts in the Calgary census metropolitan area rose in 2010 compared with a year ago.Photograph by: Grant Black, Calgary Herald
CALGARY - Housing starts in the Calgary census metropolitan area were up a whopping 47 per cent in 2010 from the previous year despite a recent slowdown in the homebuilding industry.
Canada Mortgage and Housing Corp. reported Tuesday that total starts finished the yea ...
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posted in General
at Wed, 12 Jan 2011 21:24:39 -0700
Check out my January newsletter. It has a lot of great information on the Calgary market, as well as a list of many great things happening in and around the Calgary area.
/siteFiles/File/Jan-2011-Newsletter - Josh Hamilton.pdf
posted in General
at Mon, 10 Jan 2011 18:27:03 -0700
Jan 10, 2011 // by Chad Moore
Calgary Real Estate Board (CREB) released December’s statistics last week . I have chosen to highlight several statistics that I believe my community will be interested in. Before we dig into the numbers, lets review what these statistics mean.
Sales to new listings ratio
Yes this is a ratio which means it is a simple calculation. Take the number of sales divided by the number of new listings for that given month and voila, you have a ratio. If the sales to n ...
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posted in General
at Mon, 10 Jan 2011 13:51:49 -0700
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 5, 2011
CALGARY - The estimated value of building permits in Calgary fell by 20 per cent in 2010 to just under $3 billion compared with the previous year.
The City of Calgary reported Wednesday that the construction value reached $2.92 billion last year, down from $3.65 billion in 2009.
The total in 2010 was also off 30 per cent compared with the five-year average of $4.16 billion and off by 12 per cent compared with the 10-year average of $3.33 billi ...
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posted in General
at Fri, 07 Jan 2011 12:02:12 -0700
Just sold this listing: "Rock bottom price on this lovely foreclosure in Shawnessy! This beautiful 4-level split is located on a quiet street and boasts over 2150 sq ft of total living space complete with four bedrooms, renovated kitchen, central air conditioning, private master ensuite and a well appointed den and fireplace on the lower level. Great family home in a safe community at an amazing price! This home will go fast so call today to book your private showing! Please note: house is sold ...
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BY DEREK ABMA, FINANCIAL POST JANUARY 6, 2011
OTTAWA — Home prices will continue a "moderate and steady climb" this year, helped along by an improving economy and low interest rates, according to a report released Thursday.
Real estate services firm Royal LePage said the average price of a home in Canada will rise three per cent to $348,600, even as the number of transactions falls two per cent.
It said that after a "lacklustre" third quarter in 2010, home prices were up between 3.9 and 4 ...
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posted in General
at Thu, 06 Jan 2011 11:39:28 -0700
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 4, 2011
Single-family MLS sales in Calgary plunged to their lowest level in more than a decade in 2010.Photograph by: Leah Hennel, Calgary Herald CALGARY - It will be remembered as one of the worst years for Calgary's residential real estate market in recent years.
Data released Tuesday by the Calgary Real Estate Board showed single-family MLS sales in the city were the lowest in 2010 in more than a decade and condominium transactions were the lowest ...
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posted in General
at Tue, 04 Jan 2011 21:54:38 -0700
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 4, 2011 Gary Bugeaud, managing partner of Burnet, Duckworth & Palmer LLP, says the law firm will be moving into the new Eighth Avenue Place in August. Photograph by: Ted Jacob, Calgary Herald CALGARY - It wasn't long ago that some industry experts were predicting challenging times for Calgary's downtown commercial real estate market.
With two mega projects -- The Bow tower and Eighth Avenue Place -- still under construction, but set to deliver near ...
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posted in General
at Tue, 04 Jan 2011 13:20:52 -0700
BY MARIO TONEGUZZI, CALGARY HERALD JANUARY 3, 2011 The first part of the year was active. The second part flat. And it's left many people wondering what's in store for the housing market in 2011.Photograph by: Ted Rhodes, Calgary Herald CALGARY - This past year will be remembered as a tale of two different residential real estate markets in Calgary.
The first part of the year was active. The second part flat. And it's left many people wondering what's in store for the housing market in 2011.
...
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posted in General
at Mon, 03 Jan 2011 10:14:00 -0700
BY MARIO TONEGUZZI, CALGARY HERALD DECEMBER 20, 2010
CALGARY - Short-term year-over-year house price growth in Calgary is expected to be in the range of five to seven per cent, says the Conference Board of Canada.
In its Metro Resale Index released Monday, the board said the average MLS sale price in the city in November was $397,239, up one per cent from October.
Also, on a seasonally-adjusted basis MLS sales in November increased by 8.6 per cent from October to 21,017.
Realtor Christina Hager ...
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posted in General
at Thu, 30 Dec 2010 16:48:20 -0700
BY GARRY MARR, FINANCIAL POST DECEMBER 21, 2010
When it comes to selling a house at Christmas, don't get rid of the tree all together, but don't overdo it with decorations either.Photograph by: Photos.com, Postmedia News
Don’t over do it this Christmas, if you want to sell your house, that is.
Royal LePage Real Estate Services says it’s time to start thinking about a smaller tree this year if you plan to list your home for sale over the holiday season. Those large, decorated trees c ...
Full Article...
posted in General
at Tue, 28 Dec 2010 15:08:18 -0700
Just added this listing: "Rock bottom price on this lovely foreclosure in Shawnessy! This beautiful 4-level split is located on a quiet street and boasts over 2150 sq ft of total living space complete with four bedrooms, renovated kitchen, central air conditioning, private master ensuite and a well appointed den and fireplace on the lower level. Great family home in a safe community at an amazing price! This home will go fast so call today to book your private showing! Please note: house is sol ...
Full Article...
Easing of sales this year defused threat of overheating, crash: TD report
BY JOHN MORRISSY, FINANCIAL POST; POSTMEDIA NEWS DECEMBER 10, 2010 There was no bubble and there will be no bust in Canada's housing market, TDEconomics said in a report Thursday.
The market has instead "landed safely," said economist Pascal Gauthier.
He said 2010 "was not what bubbles are made of. Similarly, under our forecast interest-rate profile, the next two years will not be what crashes are made of."
The market's ...
Full Article...
posted in General
at Tue, 14 Dec 2010 23:24:04 -0700
By Ka Yan Ng
TORONTO (Reuters) - The Canadian residential housing sector is landing safely after a wild ride over the past three years, Toronto-Dominion Bank said in a report on Thursday.
Looking ahead, the economics unit of Canada's No. 2 bank said it expects improved home sales and a higher average price next year, largely because housing affordability will likely be extended as uncertainty lingers about the global economy.
"The most important development since our September forecast is that ...
Full Article...
posted in General
at Fri, 10 Dec 2010 15:19:50 -0700
BY DEREK ABMA, FINANCIAL POST DECEMBER 3, 2010
Lower home prices and mortgage rates helped push down the costs of home ownership, says RBC.
OTTAWA — Owning a home in Canada became more affordable in recent months, according to the Royal Bank of Canada.
RBC Economics Research released a report Monday saying the proportion of pre-tax household income it takes to own a home declined in the third quarter of 2010 after a full year of deteriorating home-ownership affordability. Lower home pric ...
Full Article...
posted in General
at Mon, 06 Dec 2010 11:54:18 -0700
The Buyer Protection Plan (BPP) is a new and creative marketing tool designed to bring some certainty to an uncertain market. Potential home-buyers have been bombarded by negative news about the Calgary real estate market and have a real issue where home prices will be in 6-12 months.
During uncertain times, buyers will gravitate towards certainty. During this economic cycle buyers are fueled by fear and find certainty with doing nothing or maintaining the status quo. The Buyer Protection Plan ...
Full Article...
posted in General
at Fri, 19 Nov 2010 10:32:42 -0700
TORONTO (Reuters) - Home resales in Canada will decline more than previously thought this year due to weaker than expected activity in the third quarter, the Canadian Real Estate Association said on Friday.
The industry group, representing more than 99,000 real estate agents across the country, said it now expects 442,200 sales in 2010, a year-on-year decline of 4.9 percent.
In July it forecast sales would drop 1.2 percent this year.
The association also lowered its forecast slightly for the av ...
Full Article...
posted in General
at Fri, 05 Nov 2010 15:43:20 -0600
Just sold this listing: "Built by Award Winning MORRISON HOMES. Hudson II. This 1182 square ft home shows like new. With fresh new paint on outside trim and doors, and newly stained 20 x 10 pressured treated deck. This home boasts plenty of upgrades like designer neutral paint, rounded corners, black appliances, tile in kitchen, bathrooms, and front foyer, full height kitchen backsplash, walk-in corner pantry, BBQ gasline, central vacuum with attachments included, AIR CONDITIONING, lawn irrigat ...
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Listen to the experts
BY HELEN MORRIS, NATIONAL POST
Pricing a house for sale can be a touchy issue: The agent suggests a price based on a study of area sales, but the seller may want to list for more.Photograph by: Brett Gundlock, National Post
Putting a price on what is likely your most valuable asset can be tricky, especially if you have lived in your home for a number of years and done it up just the way you want it. In your eyes, it may be the best home on your street. When it comes time t ...
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posted in General
at Wed, 27 Oct 2010 15:58:24 -0600
BY HELEN MORRIS, NATIONAL POST
A good credit rating is essential when applying for a mortgage.Photograph by: Getty Images, National Post
Securing a great mortgage deal can take a bit of work and planning, but if you are a salaried employee then you will be taking a well-trodden path. Experts and friends and family alike will all be there to offer advice and tell you about their experiences.
However, if you are self-employed, the process can be more complex.
The most straightforward way to quali ...
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posted in General
at Mon, 25 Oct 2010 22:52:06 -0600
Just added this listing: "OPEN HOUSE SAT OCT 23 FROM 1-4PM --- Almost 3000 sq ft of developed living space in this fully finished, AIR CONDITIONED, Cardel Custom Home in Cranston! Perfect for a large family featuring a plethora of unbelievable upgrades! Kitchen is complete with stainless appliances, gas stove, mocha maple cabinets with a ton of cupboard space, walk-through pantry, granite countertops, breakfast bar, stylish tile backsplash and much more! Large open floor plan is ideal for enter ...
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BY JOANNE LATIMER, THE OTTAWA CITIZEN
Divorce may be a personal tragedy, but it was the best thing that happened to real estate.
"In the 1970s and 1980s, it created a new demographic of middle-aged people who were on the move," noted seasoned Montreal realtor Pamela Cyr, my agent and trusted confidant. "Women entered the workforce, which changed everything. They had their own income and they didn't stay in bad marriages.
It's rare to find couples who stay in the original marital home for 30 yea ...
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posted in General
at Mon, 18 Oct 2010 12:04:03 -0600
Just sold this listing: "Located in the heart of Calgary's Design District, this gorgeous one bedroom, one bathroom condo has it all! Floor to ceiling windows, central air conditioning, stainless steel appliances, stylish ceramic tile, in-suite front-loading washer & dryer with additional storage, high end window coverings, built-in computer desk, titled parking stall and a spacious storage locker! To top it all off, there is a huge over sized balcony with spectacular views of downtown so you c ...
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By John McCrank
OTTAWA (Reuters) - Prime Minister Stephen Harper on Friday said he is confident the global economy, while fragile, is headed in the right direction and he sees no need for further fiscal stimulus to bolster domestic growth.
Harper's comments followed data showing Canada shed 6,600 jobs in September. Economists had expected a gain of 10,000. The unemployment rate dipped to 8.0 percent from 8.1 percent as less people were looking for work.
South of the border, U.S. non-farm payrol ...
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posted in General
at Mon, 11 Oct 2010 22:41:45 -0600
Just added this listing: "Built by Award Winning MORRISON HOMES. Hudson II. This 1182 square ft home shows like new. With fresh new paint on outside trim and doors, and newly stained 20 x 10 pressured treated deck. This home boasts plenty of upgrades like designer neutral paint, rounded corners, black appliances, tile in kitchen, bathrooms, and front foyer, full height kitchen backsplash, walk-in corner pantry, BBQ gasline, central vacuum with attachments included, AIR CONDITIONING, lawn irriga ...
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BY LINDA STERN, REUTERS
If you want to buy a home and can afford the payments, don't worry so much about the macro-economic forecast for housing.Photograph by: Steve Bosch, Vancouver Sun Buying or selling a home might be the biggest single financial transaction of your life. You want to get it right, but how do you do that at a time when even the professionals don't fully understand what's going on in the housing market?
Is it a good time to buy a home or sell a home? Here are some thoughts ab ...
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posted in General
at Wed, 29 Sep 2010 15:04:37 -0600
Alia McMullen
Sep 25th 2010 at 11:00AM
There are some great money-making opportunities in Canadian real estate at the moment, particularly with low interest rates and affordable house prices. However, you have to know what you're looking for. Serious property investors always do their homework before buying a property, and there are a number of signs they look for in order to maximize their profits through property appreciation and rental income. Right now, those signs point to Calgary as being ...
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posted in General
at Mon, 27 Sep 2010 14:47:10 -0600
BY DAN WEBER, THE PROVINCE
Whether you like a wild ride or calm cruising, there's a mortgage type for you.Photograph by: Photos.com, Postmedia News Now that real-estate prices in this part of the world have fallen to the point where a family of modest means can buy a modest home in the suburbs for a modest $1.5 million, those of you who haven't yet known the bliss of home ownership may be thinking, "now's the time." Many industry professionals will tell you that's true.
The trouble is, those ...
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posted in General
at Fri, 24 Sep 2010 12:47:33 -0600
You could be eligible for a holiday from your payments
BY HELEN MORRIS, NATIONAL POST
Depending on the level of equity in your home and your own credit record, some lenders may allow you to take a holiday from mortgage payments.Photograph by: Photos.com, Postmedia News
As the summer draws to a close and our vacation away from the office feels like a distant memory, thoughts may turn to taking a longer sabbatical. Perhaps you have always had a burning desire to write a novel. In order to determi ...
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posted in General
at Thu, 16 Sep 2010 09:42:20 -0600
BY JAY BRYAN, POSTMEDIA NEWS SEPTEMBER 9, 2010
At today’s low mortgage interest rates, housing affordability is pretty good in most Canadian markets, Lefebvre said, and he’s not too worried about a rise in interest rates, since rates are rising only gradually.Photograph by: Photos.com, Postmedia News
One of the country's leading economics think-tanks, the Conference Board of Canada, has become the latest entrant in the long-running debate over Canadian housing prices. Its take: no b ...
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posted in General
at Sat, 11 Sep 2010 10:41:08 -0600
Just sold this listing: "Look at the value in this immaculately clean, gorgeous 2 storey home with over 1400 sq ft of living space. Main floor features a trendy white kitchen, breakfast nook, front flex room, and a vaulted great room complete with gas fireplace and plenty of big windows. Upstairs you'll find three spacious bedrooms, master with ensuite including a jetted tub and separate shower. Basement is undeveloped and waiting for your final touch. Close to public transportation and a host ...
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Just sold this listing: "This home is a must see! Rare opportunity to own a professionally renovated property in Glamorgan with a fully finished basement suite, including a brand new kitchen. This home was renovated by Stonebridge Crafted Homes. The upstairs has 3 bedrooms, a slate tiled floor and shower in the bathroom, new stainless steel appliances and gorgeous espresso hardwood. Downstairs has slate flooring as well as an oversized slate shower with an amazing spa showerhead. This basement ...
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Jesse Kinos-Goodin, Financial Post · Sunday, Aug. 8, 2010
When investing in real estate, sometimes it’s necessary to look beyond your own backyard. The Real Estate Investment Network (REIN), a national organization of investors, has compiled what it says are the top 10 Canadian cities in which to invest. Few are major cities and some are surprising. Don Campbell, president of REIN, as well as one of the researchers on the study, says the results are based on factors such as planned transp ...
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posted in General
at Thu, 12 Aug 2010 13:05:15 -0600
Just added this listing: "Look at the value in this immaculately clean, gorgeous 2 storey home with over 1400 sq ft of living space. Main floor features a trendy white kitchen, breakfast nook, front flex room, and a vaulted great room complete with gas fireplace and plenty of big windows. Upstairs you'll find three spacious bedrooms, master with ensuite including a jetted tub and separate shower. Basement is undeveloped and waiting for your final touch. Close to public transportation and a host ...
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CREA predicts fewer total MLS sales, but higher prices
BY MARIO TONEGUZZI, CALGARY HERALD JULY 30, 2010
In Alberta, CREA is predicting total MLS sales of 51,300 this year, down 10.8 per cent from the previous year and a further 3.2 per cent annual decline in 2011 to 49,650 sales.Photograph by: Archive, Calgary Herald CALGARY - The Canadian Real Estate Association has revised its forecast downward for MLS residential sales activity but elevated its average price forecast at the national level ...
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posted in General
at Sun, 08 Aug 2010 15:28:07 -0600
Just added this listing: "Located in the heart of Calgary's Design District, this gorgeous one bedroom, one bathroom condo has it all! Floor to ceiling windows, central air conditioning, stainless steel appliances, stylish ceramic tile, in-suite front-loading washer & dryer with additional storage, high end window coverings, built-in computer desk, titled parking stall and a spacious storage locker! To top it all off, there is a huge over sized balcony with spectacular views of downtown so you ...
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by Sharon EssingtonMortgage Matters | Vol. 28 No. 29 | July 15, 2010
Calgary Real Estate News
Continuing on with our discussion around key terms and things to know when considering buying, let’s have a look at some of the specifics involved in purchasing a condominium this week.In Calgary, for the month of June, the average sale price for single family homes and condos were $481,964 and $292,238 respectively, ccording to the Calgary Real Estate Board (CREB®).
With condos costing an averag ...
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posted in General
at Wed, 21 Jul 2010 15:41:42 -0600
Just added this listing: "This home is a must see! Rare opportunity to own a professionally renovated property in Glamorgan with a fully finished basement suite, including a brand new kitchen. This home was renovated by Stonebridge Crafted Homes. The upstairs has 3 bedrooms, a slate tiled floor and shower in the bathroom, new stainless steel appliances and gorgeous espresso hardwood. Downstairs has slate flooring as well as an oversized slate shower with an amazing spa showerhead. This basement ...
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The long and short of it is, combination mortgages work in uncertain times
BY HELEN MORRIS - NATIONAL POST JUNE 29, 2010
In recent years, a number of lenders have begun offering mortgages that feature a fixed and variable combination.Photograph by: Photos.com There is a lot to consider when deciding whether to go for a fixed or variable rate mortgage -- not least, your tolerance of risk and your ability to sleep at night. Generally, fixed rate mortgages charge a higher rate and cost more, bu ...
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posted in General
at Sat, 03 Jul 2010 17:58:27 -0600
Plenty of confusion over government rules
BY BILL MCFARLANE, CALGARY HERALD
Tortoises carry their homes on their backs -- but people should avoid that idea.Photograph by: Photos.com Unless you're a turtle, you don't want your home to be a big weight on your back.
But for many people, the thought of buying a home is just that, a weight.
Where to look? What to look for? How much to pay?
What is the impact of the new the government rules for qualifying for a mortgage? The considerations go on a ...
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posted in General
at Sat, 26 Jun 2010 15:35:27 -0600
BY MARIE-JUDITH JEAN-LOUIS, CANWEST NEWS SERVICE JUNE 17, 2010
Have you ever found yourself in a situation where you fell in love with a home, bought it, moved in and then realized that it just wasn't right?
If so, chances are you bought a Fast House. According to John Brown, founder of Slow Home (theslowhome.com), almost 20 per cent of homeowners move within the first three years of their purchase and buy another home because they are unsatisfied with the way their house functions.
That's bec ...
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posted in General
at Mon, 21 Jun 2010 09:58:40 -0600
Homes are a long-term investment By Garry Marr, Financial Post June 10, 2010
Predicting the ups and downs of the housing market is near-impossible, so the best time to buy is when you can afford it.Photograph by: Tyler Anderson, National Post'You know, you're making the biggest mistake of your life. The housing market is going to fall."
I got this great piece of advice from another journalist at the Financial Post, who has since left the newspaper, after buying my first home. Not exactly the ...
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posted in General
at Sun, 13 Jun 2010 11:45:29 -0600
Analyst expects hot trend in Calgary won't last through 2010
BY MARIO TONEGUZZI, CALGARY HERALD JUNE 8, 2010 10:02 AM
According to preliminary figures released today by Canada Mortgage and Housing Corp., total housing starts in the reached 862 units, up 79.6 per cent from 480 units in the previous year. Photograph by: Archive, Calgary Herald CALGARY - Housing starts in May ballooned in the Calgary census metropolitan area compared with year-ago levels.
According to preliminary figures release ...
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posted in General
at Tue, 08 Jun 2010 10:24:27 -0600
TORONTO (Reuters) - The Canadian Real Estate Association cut its 2010 forecast for resale house prices and sales on Wednesday, saying sales in British Columbia were not as strong as expected at the start of the year.
The industry group said it now expects the average price to climb 1.6 percent to C$325,400 ($309,905) nationally in 2010, a big drop from its previous forecast of a 5.4 percent gain.
Sales are seen rising 5.5 percent to 490,600 units in 2010. In February, CREA forecast sales of 527 ...
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posted in General
at Wed, 02 Jun 2010 14:54:33 -0600
Focus on refitting your flexspace BY CLAUDIA KWAN, VANCOUVER SUN
It’s the space that’s supposed to be a bonus in condominiums: the one marked "flex" or "storage" or even "multi-purpose" on the floor plans. The problem is, the space is often so small, it hardly serves any purpose at all.
Designer Erik Lauzon of Konstruk Design has seen how much of a disaster these rooms can be. "The flex room becomes a dump. People throw in stuff that they don’t know where else to put, or mayb ...
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posted in General
at Tue, 25 May 2010 22:38:21 -0600
A garden can change the resale value of a home, for good or ill
BY HELEN MORRIS, NATIONAL POST
Long before a buyer signs on the line to purchase your home, you need to get them to come in the front door. The last thing you want is for them to take one look at the front of your home and drive straight on by.
"When they pull up in front of it, you want them to go 'Hey, wow, this looks good,' and want to go inside," says Laurin Jeffrey, an agent with Century 21 Regal Realty. "I've pulled up in f ...
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posted in General
at Wed, 19 May 2010 11:41:36 -0600
Just sold this listing: "OPEN HOUSE SAT. APR 17 2-4 AND SUN. APR 18 1-4. Perfect home for the first time buyer. This beautiful 4-level split has over 1600 sq feet of living space with all four levels fully developed. New roof, new hardwood floors, new shag carpet, new stainless appliances, new high efficiency windows, renovated bathrooms and much more. This house is truly a steal at this price! Two bedrooms up, living room on the main floor, large family room on the third level and an office an ...
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BY ANNA VOZZA, THE WINDSOR STAR For a complete list and advice on prepping your home for an open house, talk to your realtor.
Before throwing your doors open to potential buyers, use this checklist:
- De-clutter. This can't be overemphasized. A cluttered home is a turnoff to most buyers. It's also potentially dangerous: you don't want people injured as they navigate through the clutter. And don't stuff everything into cabinets and closets -- people will be looking there to assess storage capa ...
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posted in General
at Sun, 09 May 2010 20:07:46 -0600
One of the fastest growing towns in Canada, Okotoks deals with 'surge' BY KATHY MCCORMICK, CALGARY HERALD
It's all about compromise and trying to maintain the quality of life of one of the fastest-growing communities in the country.
Okotoks, the town 18 kilometres south of Calgary, was one of the first communities in Canada to recognize its environmental limits to growth were restricted by the carrying capacity of its local water supply.
In 1998, it capped its population at 30,000 people -- a ...
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posted in General
at Mon, 26 Apr 2010 17:47:58 -0600
The bank expects the private sector to become the sole driver of domestic demand in Canada by 2011, making this year a "turning point" as monetary and fiscal stimulus, which kick-started the recovery, are withdrawn.
Finance Minister Jim Flaherty, already in Washington for the Group of 20 talks, said he was "relatively comfortable" with the Bank of Canada's projections, saying they show Canada is emerging from the recession stronger than any other G7 country.
The central bank said the housing se ...
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posted in General
at Thu, 22 Apr 2010 22:22:59 -0600
Just sold this listing: "UNBEATABLE VALUE in this gorgeous second floor unit in Gateway Garrison Green. This spacious one bedroom plus den features modern and trendy dark cabinets, stainless appliances, granite countertops, 9 ft ceilings and much more. An immaculate condo larger than most one bedrooms in the complex and listed at an UNBELIEVABLE PRICE! Quiet CONCRETE BUILDING in an upscale neighborhood close to parks, Mount Royal College, transit and a host of other amenities. Building offers u ...
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Sales growth slows as pent-up demand peaks BY GARRY MARR, FINANCIAL POST
APRIL 19, 2010 1:13 PM
The spring homebuying season has reached a fever pitch with a record number of "for sale" signs being placed on Canadian lawns for the month of March.
But there are indications the market has reached the peak with nowhere to go but down.
The Canadian Real Estate Association said yesterday that 97,663 properties were put on the market last month, a 25% increase from the number of new listings in Mar ...
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posted in General
at Mon, 19 Apr 2010 15:10:48 -0600
April 15, 2010 – Reuters.com
TORONTO (Reuters) - Sales of existing homes in Canada climbed 1.4 percent in March from the month before, while a rise in new listings pointed to a more balanced housing market, the Canadian Real Estate Association said on Thursday.
The industry group said a total of 43,621 homes changed hands on a seasonally adjusted basis in March, boosted by strong activity in the Toronto and Ottawa markets, which more than offset a decline in activity in Vancouver that was ...
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posted in General
at Thu, 15 Apr 2010 23:07:04 -0600
Tue Apr 13, 5:48 PMThe Canadian Press
TORONTO - Royal Bank is boosting its mortgage rates by a quarter of a point effective Wednesday, marking the second time rates on home loans have risen in the last month.
Canada's largest bank (TSX: RY.TO) said Tuesday all of its fixed-rate closed mortgages will move higher, from a six-month convertible to 10 years. The new rates are effective Wednesday.
The announcement marks the second mortgage rate increase from the banking industry in recent weeks, as t ...
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posted in General
at Wed, 14 Apr 2010 11:54:21 -0600
Financial Post
Published: Monday, April 12, 2010
OTTAWA - Canadian home construction fell unexpectedly in March after revised figures showed more housing starts in February than previously reported.
The seasonally adjusted annual rate of housing starts decreased to 197,300 units during the month from an upwardly revised annual rate of 200,400 units in February, Canadian Mortgage and Housing Corporation said Monday. February starts were previously reported as an annual rate of 196,700 units.
"Th ...
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posted in General
at Mon, 12 Apr 2010 12:58:00 -0600
Julie Fortier , Financial PostPublished: Thursday, April 08, 2010
OTTAWA - With the Canadian economy doing surprisingly well over the past six months, many see higher interest rates from the Bank of Canada in the not so distant future, but according to a report released Thursday from CIBC's chief economist Avery Shenfeld, rates are likely to remain at a very low 2.5 per cent through to 2011 - not the seven to eight per cent forecast by some.
With the Canadian economy doing surprisingly well ove ...
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posted in General
at Sun, 11 Apr 2010 13:52:50 -0600
By Louise Egan – Reuters.com
OTTAWA (Reuters) - The Canadian economic recovery remains on track as purchasing activity jumped more than expected in March and building intentions were near a 2007 peak despite cooling slightly in February, according to reports on Wednesday.
Statistics Canada said the overall value of building permits slid 0.5 percent in February versus market expectations of a 2 percent gain, due to a sharp decline in construction plans for apartment buildings.
But analysts ...
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posted in General
at Thu, 08 Apr 2010 11:31:51 -0600
High values make homes key targetMarty Hope, Calgary Herald
Home ownership remains the dream of the vast majority of Canadians, but there are those out there hovering like vultures, waiting to swoop down and turn that dream into a financial nightmare.
Toronto real estate lawyer Ray Leclair says, because of the high value attached to homes, they are also a key target for fraud -- and Canadians have the potential to lose "big time" if they don't know how to protect themselves.
For most of us, hom ...
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posted in General
at Mon, 05 Apr 2010 18:49:37 -0600
Rising mortgage rates announced Monday signal the end of historically low home borrowing costs and present Canadian consumers with a dilemma: either stay flexible, hope for the best and ride out the next several months or lock in to long-term loans. Three big banks raised their mortgage rates by more than half a point, effective Tuesday, and most industry watchers expect that's just the beginning of future small jumps that will hike the the cost of home ownership the rest of this year. For co ...
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posted in General
at Wed, 31 Mar 2010 16:00:00 -0600
Spring cleaning will help when house goes on the market
Jean Patteson, McClatchy News Service
Want to sell your home? Get out the bucket, mop and Mr. Clean.
If your house isn't clean, it instantly sends up negative thoughts that the home is not well maintained. If your house is spotless, you're ahead of the game.
"Get it clean, clean, clean," said Rinomato.
"If your house isn't clean, it instantly sends up negative thoughts that the home is not well maintained. If your house is spotless, you're ...
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posted in General
at Tue, 30 Mar 2010 16:46:45 -0600
Tara PerkinsFrom Tuesday's Globe and Mail Published on Monday, Mar. 29, 2010 9:16PM EDT
Canadian banks delivered the first clear sign that the era of rock-bottom interest rates is over by suddenly hiking mortgage rates, a move that will cost Canadians more to finance home purchases and likely hasten an expected slowdown of the red-hot housing sector.
Surging home sales and prices were already expected to cool in the second half of this year as more listings hit the market and the Harmonized ...
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posted in General
at Mon, 29 Mar 2010 22:00:29 -0600
Published by Cody Stuart – CREN MagazineMarch 25, 2010
When it comes to the world of designer home fashion, saving money isn’t likely the first thought that enters most people’s minds. With the cost of a simple kitchen chair running into the thousands at some of the city’s furniture boutiques, having a set of furnishings that is as pleasing to the eye as it is to the wallet might appear like an unrealistic expectation.Lucky then for the discerning homeowner that DIY chic ...
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posted in General
at Thu, 25 Mar 2010 16:27:21 -0600
David Parker, Calgary HeraldPublished: Saturday, March 20, 2010
Vacations are supposed to be a getaway from work. But like many others, I find it hard to stop comparing Calgary to other cities I visit.
I'm just back from a weeklong trip to Maui -- a great escape from the snow that still covered my lawn the day we left.
There are some wonderful homes on Maui -- including several owned by Calgarians -- but the uniqueness of The Rainbow House at Ka'anapali Coffee Farms is the 3,600-square-foot liv ...
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posted in General
at Tue, 23 Mar 2010 23:28:37 -0600
Canadian Mortgage Trends.com
March 10, 2010
On April 19 our government will lay down three major rule changes to “prevent” a housing-price bubble and keep homeowners from getting “overextended.”
Here is the official announcement from today: Finance Department release
These new rules apply to government-backed insured mortgages only.
The Good: 5-Year Fixed Qualification Rates
The New Rule: Borrowers will need to qualify using a 5-year fixed rate regardless of what term ...
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posted in General
at Wed, 10 Mar 2010 14:33:14 -0700
By Ka Yan Ng Reuters – March 8, 2010 Canadian housing starts rose a better than expected 6.1 percent in February, reinforcing views that the residential housing sector is a key lever pulling the economy out of recession. Starts on new homes rose to a seasonally adjusted annualized rate of 196,700 units in February from a downwardly revised 185,400 units in January, Canada Mortgage and Housing Corp. said on Monday. The number of starts in February surpassed the consensus expectation ...
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posted in General
at Mon, 08 Mar 2010 09:02:41 -0700
Tue Mar 2, 2010 Reuters By Louise Egan OTTAWA (Reuters) - The Bank of Canada held its key interest rate at a record low on Tuesday, but signaled it is getting closer to raising rates, though promising again not to do so before the third quarter. The central bank reiterated the commitment it made in April 2008 to keep its target overnight rate at a record low 0.25 percent until the end of the second quarter, conditional on inflation staying on track. In its policy statement, however, it ...
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posted in General
at Thu, 04 Mar 2010 17:54:13 -0700
Canada Mortgage and Housing Corp. is forecasting increases in both the new home and resale housing markets this year and next year in Calgary and in Alberta.
In releasings its updated market forecast today, CMHC said the Calgary census metropolitan area will see total housing starts rise by 20.3 per cent this year to 7,600 units followed by a 21.1 per cent hike in 2011 to 9,200 units.
BY MARIO TONEGUZZI, CALGARY HERALD MLS sales in the Calgary area are expected to climb by 10.9 per cent to 27 ...
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posted in General
at Wed, 03 Mar 2010 16:45:53 -0700
Michael Babad Globe and Mail Update Published on Wednesday, Feb. 17, 2010 3:18PM EST Last updated on Wednesday, Feb. 17, 2010 8:05PM EST Today's top stories from Report on Business :
Home buying rush expected in spring
Canada's housing market remained vibrant in January, though showed signs of cooling from December. Year over year, resales rose 58 per cent in January, though from a depressed state a year earlier, the Canadian Real Estate Association said today, and prices rose almost 20 per ...
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posted in General
at Sat, 20 Feb 2010 18:25:39 -0700
This won't hurt a bit, homebuyers.
Rob Carrick Ottawa — Globe and Mail Update Published on Tuesday, Feb. 16, 2010 12:42PM EST Last updated on Wednesday, Feb. 17, 2010 2:24PM EST
The mortgage rule changes announced Tuesday by Financial Minister Jim Flaherty will weigh a bit on real estate speculators and heavily indebted people who want to fold their high-rate credit card debt into a lower-rate mortgage. But for rank and file homebuyers, the changes will barely be perceptible when they ...
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posted in General
at Thu, 18 Feb 2010 10:50:19 -0700
Flaherty moves to toughen mortgage rules By CBC News Finance Minister Jim Flaherty has announced new rules aimed at preventing homebuyers from getting into financial difficulty when mortgage rates rise. Finance Minister Jim Flaherty announced new rules Tuesday aimed at preventing homebuyers from getting into financial difficulty when mortgage rates rise. After consulting with major Canadian lenders, Flaherty outlined the latest weapons at Ottawa's disposal aimed at removing some of the spec ...
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posted in General
at Wed, 17 Feb 2010 00:21:56 -0700
Just sold this listing: "Modern and contemporary, this 2050 sq ft two storey walkout is priced to sell! Inside you'll find an upgraded espresso kitchen complete with granite c..."
Just added this listing: "UNBEATABLE VALUE in this gorgeous second floor unit in Gateway Garrison Green. This spacious one bedroom plus den features modern and trendy dark cabi..."
Some big-box home renovation stores stayed open later than usual Sunday night to accommodate Canadians hoping to take advantage of the federal Home Renovation Tax Credit.
Consumers had until midnight to buy eligible supplies to claim the tax break before the program ended.
The Canada Revenue Agency said building materials that arrived at homes before the deadline would qualify for the credit. Those materials don't have to be installed before the deadline — just purchased.
Homeowners were ...
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posted in General
at Mon, 01 Feb 2010 10:52:04 -0700
Just sold this listing: "Unbelievable price on this fabulous end unit in Chaparral Estates! This bright and spacious unit has recently been renovated and features a huge bay w..."
Just added this listing: "OPEN HOUSE SATURDAY 1:30 - 3:30 PM. Modern and contemporary, this 2050 sq ft two storey walkout is priced to sell! Inside you'll find an upgraded espr..."
By CBC News, cbc.ca, Updated: January 11, 2010 3:31 PM The Bank of Canada backed away Monday from its recent warnings about a real estate bubble in Canada. In a speech in Edmonton, bank official David Wolf ruled out increasing interest rates to discourage mortgage lending. Wolf, an adviser to bank governor Mark Carney, said that in the central bank's view it is premature to be talking about a housing bubble in Canada. "We see the housing market requiring vigilance, not alarm," he said. He ...
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posted in General
at Mon, 11 Jan 2010 17:33:09 -0700
Jennifer Kwan, Reuters Published: Monday, January 04, 2010 Reuters Canada’s dollar advanced against most of its 16 major counterparts as oil, the nation’s biggest export, traded above US$81 a barrel for the first time since November. TORONTO -- The Canadian dollar rose nearly one U.S. cent against the greenback on Monday as the price of crude oil rallied and global equity markets kicked off 2010 on an upbeat note, increasing demand for riskier assets. The unit rose to its highest ...
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posted in General
at Mon, 04 Jan 2010 17:36:22 -0700
Garry Marr, Financial Post Published: Tuesday, December 29, 2009 It is the dominant form of housing under construction in urban centres across the country. But smart design and effective use of space cannot compensate for the fact that the condominium is simply too small for families. The typical unit is a one-bedroom and averages about 600 square feet. According to Canada Mortgage and Housing Corp., multi-family units made up half of the 117,500 units constructed in the first 11 months of 20 ...
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posted in General
at Wed, 30 Dec 2009 15:18:37 -0700
Marty Hope, Calgary Herald Published: Saturday, December 26, 2009 Now that the jolly old guy is back at home sleeping off his around-the-world-in-one-night gig -- and the turkey leftovers are being readied for sandwiches while the newest toy is being played with -- there is time for homebuilders and consumers to reflect on 2009. Frustrating? Got that right. Baffling? To say the least. At the start of the year, there seemed to be a whole ton of doom and gloom -- a hangover from 2008 when wor ...
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posted in General
at Wed, 30 Dec 2009 11:29:07 -0700
Desire to buy remains, priorities differ BY MARTY HOPE, CALGARY HERALD I can still clearly remember, as a high schooler, the day my dad came home from work and dropped a large brown envelope on the kitchen table. There was no big celebration, just satisfied smiles. My mother opened the envelope, looked inside and put it in her cedar chest. The letter marked the day when the home they had purchased in 1943 for something like $7,000 was theirs. The mortgage had finally been paid off. Every ...
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at Wed, 16 Dec 2009 11:33:53 -0700
Just sold this listing: "Right in the heart of Bankview, this two year old condo conversion is a must see! Perfect for an investor, a young professional or a first time buyer;..."
The world needs Canada's so-called dirty oil, the International Energy Agency said Tuesday even as it called on leaders to make decisive moves to slash greenhouse gas emissions at a United Nations-sponsored negotiating session next month. "World leaders gathering in Copenhagen next month for the UN Climate Summit have a historic opportunity to avert the worst effects of climate change," IEA executive director Nobuo Tanaka said in a statement after releasing the agency's annual World Energy Out ...
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at Mon, 16 Nov 2009 16:14:20 -0700
Lifestyle a prime motivator as market perks up By Marty Hope Edmonton Journal November 7, 2009 Condo living is a lifestyle choice--it reflects how the owners use their time, or how they want to use it. They don't want to shovel snow, cut grass or tend gardens. They want to be able to get up and go, enjoy leisure time, or pack up and go on vacation without the security worries that go with a house. Baby boomers, empty nesters and young people make up the bulk of the condo demographic. For Ka ...
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at Mon, 16 Nov 2009 16:09:08 -0700
Just added this listing: "***Open House Saturday Nov 14th from 1pm - 4pm*** Unbelievable price on this fabulous end unit in Chaparral Estates! This bright and spacious unit has..."
Just sold this listing: "This beautiful 2440 sq ft walkout is perfect for you! Backing onto the pond in Cranston with a sunny south-facing backyard, this home is tastefully de..."
Just added this listing: "Right in the heart of Bankview, this two year old condo conversion is a must see! Perfect for an investor, a young professional or a first time buyer; it is close to downtown, trendy 17th Ave, and all kinds of amenities. Contemporary colors, functional design, engineered hardwood, insuite storage and LOW condo fees. The kitchen features stainless steel appliances, stylish cabinets,tile back splash, lots of cupboard space, and an breakfast bar for entertaining. The entr ...
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Make Sacrifices: Vacation plans shelved in favour of buying house Bradley Bouzane, Canwest News Service Most Canadians would give up their vacations if it meant owning a home sooner, according to a new report. According to the report, vacation budgets were high on the list of things to cut in order to buy a home. Sacrificing vacations also remained a common solution to adjust to lost income, such as layoffs or reductions in hours. The First-Time Homebuyer's Monitor, made public yesterday by ...
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at Mon, 26 Oct 2009 12:01:03 -0600
Just sold this listing: "Amazing price on this beautiful 2055 sq ft townhome in the Treo at Springhaven! This immaculate 3 bedroom 2.5 bathroom home offers a lot of bang for y..."
Just added this listing: "This beautiful 2440 sq ft walkout is perfect for you! Backing onto the pond in Cranston with a sunny south-facing backyard, this home is tastefully decorated in neutral tones. It features 9-foot ceilings with hardwood throughout the main floor. The kitchen is complete with modern and trendy espresso cabinets, black appliances, a gas range, extra large pantry and water and ice maker in the fridge. The upstairs features a large bonus room with vaulted ceilings with an ad ...
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Just sold this listing: "UNBEATABLE DEAL on this beautiful bi-level in Taradale. This gorgeous home is situated on a quiet cul-de-sac and features a bright and clean white kit..."
Just added this listing: "Amazing price on this beautiful 2055 sq ft townhome in the Treo at Springhaven! This immaculate 3 bedroom 2.5 bathroom home offers a lot of bang for your buck! Trendy maple kitchen with black appliances, dark maple hardwood floors on the main with gas fireplace and walk through pantry and a large bonus room upstairs leading to three good sized bedrooms. Master bedroom features a walk-in closet and spacious 4-piece ensuite complete with soaker tub. Outside you can enjoy ...
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By Bill Mah Edmonton Journal More Albertans believe now is the time to buy a home than in anytime since PricewaterhouseCoopers began tracking the indicator in early 2007, said the firm’s business and consumer confidence survey released Monday. Buying a house reached an index rating of 164 in July--the highest index since tracking started in February 2007. It was 157 in May and 146 in March. "Consumers continue to see advantage in purchasing a house in the current economy," said David B ...
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at Thu, 20 Aug 2009 17:19:17 -0600
Just sold this listing: "LOWEST PRICED HOME IN COPPERFIELD!!! Bright and spacious west facing bi-level with mountain views that is priced to sell. This two bedroom beauty is ..."
Just sold this listing: "BEAUTIFULLY RENOVATED townhouse waiting for you to call home! This modern and inviting condo boasts over 1300 sq ft up and a fully finished basement o..."
Just added this listing: "UNBEATABLE DEAL on this beautiful bi-level in Taradale. This gorgeous home is situated on a quiet cul-de-sac and features a bright and clean white kitchen with an open concept main floor. Upstairs you'll find two large bedrooms, master with walk-in closet and jack and jill ensuite, galley style kitchen and a spacious dining area. Downstairs boasts a huge family room, computer nook, another large bedroom, laundry and a second four piece bathroom. Outside is a beautifull ...
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Just added this listing: "BEAUTIFULLY RENOVATED townhouse waiting for you to call home! This modern and inviting condo boasts over 1300 sq ft up and a fully finished basement o..."
Just sold this listing: "First buyers could not qualify for financing so this STEAL is back on the market!!! Check out the amazing VALUE in one of the best kept properties in ..."
Just added this listing: "LOWEST PRICED HOME IN COPPERFIELD!!! Bright and spacious west facing bi-level with mountain views that is priced to sell. This two bedroom beauty is ..."
Marty Hope, Calgary Herald Published: Saturday, June 27, 2009 You blinked, didn't you? After months of patiently waiting for the market to hit bottom--and watching interest rates, house sales and prices slide--you blinked. And in that nanosecond, you might have missed it. Don't be upset. You're not the only one. I recall one real estate front-liner saying to me: "If you are waiting for the market to bottom and it does, then you've already missed it." The real estate and housing recovery, a ...
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posted in General
at Thu, 02 Jul 2009 17:54:45 -0600
Just sold this listing: "UNBEATABLE DEAL on this 2 bedroom condo with a quiet exclusive Royal Avenue address. Nestled in amongst mature trees is this beautiful CONCRETE buildi..."
Just sold this listing: "You'll have to move fast on this AMAZING DEAL in Evergreen. A gorgeous 1258 sq ft two storey home that is priced to sell! This Jayman Delta features b..."
Residential developers use Facebook, YouTube--and even Twitter -- to market projects Lisa Van de Ven, National Post Tridel, for one, is doing it. Follow the developer on Twitter and you'll find out about new prices and sales milestones, and be linked to suite floor plans. Or if you'd rather, join their group on Facebook, become a friend or just a fan and get your information that way. It may not be the most traditional method of marketing a condominium development, but Toronto developers ar ...
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posted in General
at Tue, 09 Jun 2009 16:55:00 -0600
Just added this listing: "UNBEATABLE DEAL on this 2 bedroom condo with a quiet exclusive Royal Avenue address. Nestled in amongst matures trees is this beautiful CONCRETE build..."
Just sold this listing: "Amazing opportunity to LIVE UP AND RENT DOWN in this gorgeously renovated raised bungalow in Bowness. This 50 x 120 R-2 lot features a south backyard with a new double garage and plenty of parking including a front driveway and two back stalls. Inside you'll find beautiful oak hardwood and tile floors, stainless appliances, trendy white shaker cabinets and modern colors. Enter through the rear into the fully developed basement suite including a full kitchen, two good-si ...
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First time buyers generate interest Marty Hope, Calgary Herald Published: Saturday, May 16, 2009 Calgary's resale housing market is chugging along. Once in a while, you hear of a home that has attracted more than one buyer, setting up a bidding war--but for the most part, the sales engine in this buyers' market is purring along nicely. In April, nearly 1,300 detached homes were sold through the Calgary Real Estate Board's MLS system, along with 579 condos. As I've said previously, affordabi ...
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at Tue, 19 May 2009 16:53:41 -0600
Just added this listing: "Looking for a STEAL in Copperfield? This 1512 sq ft four level split by Jayman Master Builder is elegant, modern and priced to sell! Upgraded hardwood floors throughout the main floor, large maple kitchen with island, huge family room beside the spare bedroom on the third level and much more. Two good-sized bedrooms up with the master bedroom offering a walk-in closet & spacious ensuite. Fourth level is fully framed and waiting for your final touch. Professionally land ...
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Just sold this listing: "WHAT A DEAL on this gorgeous third floor unit in Gateway Garrison Green. This spacious one bedroom plus den features modern and trendy dark cabinets, ..."
Canwest News Service; Financial Post OTTAWA - The Canadian housing market seems to be "emerging from its winter hibernation,'' says a report released by Scotia Economics on Tuesday. View LargeThe Bank of Nova Scotia's economic-research division said existing-home sales strengthened in February and March, and preliminary reports indicate this trend continued in April. The Bank of Nova Scotia's economic-research division said existing-home sales strengthened in February and March, and preliminary ...
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Just sold this listing: "What a STEAL!!! Centrally located in beautiful Glamorgan this bright and spacious two level townhouse has all the features of an executive home includ..."
Just sold this listing: "Great deal for a gorgeous lake view! This spacious 2 bedroom 2 bathroom condo is like new with a host of features including trendy maple cabinets, spa..."
Monday, May 4, 2009 - Calgary Herald CALGARY - Despite a continued economic malaise, job losses and economic uncertainty, Calgary’s resale housing market surprisingly rebounded in April with sales increasing from the previous month. “Spring is giving new life to the residential real estate market,” said Bonnie Wegerich, president of the Calgary Real Estate Board which on Friday released its MLS monthly data for April. “Affordable pricing and low interest rates are dra ...
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Every Thing From Deposits To Structural Problems Marty Hope, Calgary Herald Whether you know it or not, when you decide to build a new home, there's more to it than just picking a community, picking a floor plan you like and deciding on price. When you sign on the dotted line with a builder, it marks the start of a personal relationship that could last a decade. To get the most out of the relationship, make sure the builder is a member of a reputable warranty program and is also a member of th ...
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at Fri, 01 May 2009 13:32:00 -0600
Canwest News Service; Financial Post Published: Wednesday, April 15, 2009 The Canadian real estate market is still sinking, but the rate of decline is slowing, indicating that stability is at least returning, the country's real estate board said Wednesday. The number of transactions on existing homes on a seasonally adjusted basis rose seven per cent month-to-month in March. The number of transactions on existing homes on a seasonally adjusted basis rose seven per cent month-to-month in Ma ...
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posted in General
at Mon, 27 Apr 2009 10:05:30 -0600
Canadians have more equity in their houses than Americans, says survey. National PostThe study for the Canadian Association of Accredited Mortgage Professionals shows Canadian homeowners have, on average, 72% equity in their house, compared with 43% for Americans. Canadians continue to have more than two-thirds more equity in their home than Americans, according to a new survey. The study for the Canadian Association of Accredited Mortgage Professionals shows Canadian homeowners have, on avera ...
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posted in General
at Sun, 26 Apr 2009 12:16:50 -0600
Just added this listing: "WHAT A DEAL on this gorgeous third floor unit in Gateway Garrison Green. This spacious one bedroom plus den features modern and trendy dark cabinets, stainless appliances, granite countertops, 9 ft ceilings and much more. An immaculate condo larger than most one bedrooms in the complex and listed at an UNBEATABLE PRICE! Quiet CONCRETE BUILDING in an upscale neighborhood close to parks, Mount Royal College, transit and a host of other amenities. Building offers undergro ...
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The latest rate cut means consumers buying a house can borrow for as little as 3% interest on their loan if they are willing to buy into the Bank of Canada’s statement Tuesday that it won’t be changing rates until June, 2010. If you don’t believe the bank will hold steady on its promise, you can lock into five-year, fixed-rate mortgages for as low as 3.85% on a discounted basis -- the lowest rate in Canadian history. But all of that may amount to nothing when it comes to soo ...
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posted in General
at Sat, 25 Apr 2009 14:18:12 -0600
Just added this listing: "What a STEAL!!! Centrally located in beautiful Glamorgan this bright and spacious two level townhouse has all the features of an executive home including a heated garage, high ceilings, maple hardwood floors, granite counter tops and custom slate tile. This gorgeous home has a unique floor plan with two bedrooms, 4-piece bath and large west facing private deck on the lower level. Upstairs boasts an open concept kitchen and great room with a den, fireplace and half bath ...
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Today marks the first day of the new website. The new site offers a wealth of fresh industry information that's constantly being updated. Have a great time checking it out!
posted in General
at Tue, 14 Apr 2009 10:02:39 -0600
Just sold this listing: "The BEST PRICED 2 BEDROOM CONDO in the area. This amazing two bedroom two bath unit is waiting for you to call home. Features include a bright and clean white kitchen with new ceramic tile, large living room with door out to a very private patio, big master bedroom with 4 piece ensuite, and a good sized laundry room with lots of extra storage space. As well, there is a private storage room on the patio beside the natural gas BBQ hook-up. Underground heated parking and c ...
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Just added this listing: "Amazing opportunity to LIVE UP AND RENT DOWN in this gorgeously renovated raised bungalow in Bowness. This 50 x 120 R-2 lot features a south backyard with a new double garage and plenty of parking including a front driveway and two back stalls. Inside you'll find beautiful oak hardwood and tile floors, stainless appliances, trendy white shaker cabinets and modern colors. Enter through the rear into the fully developed basement suite including a full kitchen, two good-s ...
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Just added this listing: "Great deal for a gorgeous lake view! This spacious 2 bedroom 2 bathroom condo is like new with a host of features including trendy maple cabinets, sparkling white appliances, breakfast bar, in-suite laundry room with storage, built-in computer desk and much more. The tiled entry way leads you right into the open concept living room with bedrooms on opposite sides of the unit. Perfect for a roommate situation, which makes it really affordable for the first time buyer. U ...
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Just added this listing: "The BEST PRICED 2 BEDROOM CONDO in the area. This amazing two bedroom two bath unit is waiting for you to call home. Features include a bright and clean white kitchen with new ceramic tile, large living room with door out to a very private patio, big master bedroom with 4 piece ensuite, and a good sized laundry room with lots of extra storage space. As well, there is a private storage room on the patio beside the natural gas BBQ hook-up. Underground heated parking and ...
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