Calgary Real Estate

Happy New Decade to all!! Yes, here we are 20 years after I distinctly recall being in a near panic regarding the entire Y2K end of civilization furor as we knew it, because all the computers were going to stop us from routine functioning! The past is behind us and we only have the future to work with. In that light, many of us will undergo a planning or goal setting routine at this time of...

After a harsh winter, the economy in Alberta may be thawing. Employment increased in March, and unemployment dropped to 7.1 percent from 7.9 percent in February. While that’s not as promising as the 5.6 percent rate from last year, it’s a step in the right direction. Calgary’s housing market in particular could be heating up. Real estate sales exceeded 2015 levels for the first time during the week...

Working in real estate, one comes to understand very quickly that a house is more than just the walls that surround us. Our home is our resting place, the place we choose to come back to again and again; and above all it is our shelter. When shopping for a home, most of us pay great care and attention to finding just the right space to call our own. Home represents our place of being, an extension of who...

The new rules for mortgages that were announced in December are finally coming to pass. If you are planning to make a home purchase you have only until February 15th to avoid the imposition of new down payment rules on your purchase. Industry leaders had known for some time that new rules were in the making, so the December announcement came as no surprise. In fact, many in the industry were relieved that...

University of Calgary 50th anniversary learning space A new space will be opening this year at the University of Calgary for the 50th anniversary. The former Nickle Arts Museum will re-open as a 4,000 square metre, 2 storey building known as the Taylor Institute for Teaching and Learning. The building is due to open in early 2016 for university students and the faculty. The Calgary Film Centre The Calgary...

Royal LePage Foothills, one of the best known real estate brokerages have closed down their services in all of their offices, according to an announcement on Monday. It has affected many clients and agents. Royal LePage’s Toronto head office has issued a statement regarding this sudden shut down and it has been said that the reason behind this is the poor performance by certain brokerage. They...

Real estate experts are suggesting that this is the best time for buying property in Calgary According to Diana Petramala an economist who works with TD Economics, the mortgage rates should start rising any time from now. After carrying out an analysis on the interest rates and how they affect the Canadian real estate market, they have noticed that the changes could result in a decrease in sales by between...

If you are looking to sell your home, you might be looking at the recent sales numbers in Calgary. However, compared to 2014 those numbers might look a little low. In 2014, there was over $10.9 billion in sales in just ten months. These numbers have since dropped, but the real estate market continues to remain on point. Many sellers have seen a quick turnaround when selling the home. When putting your...