Calgary Real Estate News and Information

February 2009 - Posts

• Calgarian’s narrowly avoid Home Buyer’s Tax.

  The city of Calgary voted on February 23 rd , 2009 to introduce a Land Transfer Tax that would force potential home buyers to pay 1% of the purchase price of the property being sold. This would cost the average home buyer over $4000. Thankfully, this Read More... Posted Wednesday, February 25, 2009 5:39 PM by Dan Welyk | 0 Comments Filed under: Announcements, Buyer Information, Calgary, Community News, Rants

• Top Floor Apartment Condo For Sale in McKenzie Towne

  Caledonia on the WaterFront • 740 sq. ft., 1 bath, 2 bdrm single story "Top Floor!" - MLS® $229,900 - Former ShowSuite McKenzie Towne, Calgary - Former Showsuite! Bright and Cozy Two Bedroom Top Floor Condo Loaded with Maple Cabinets, Read More... Posted Monday, February 23, 2009 11:24 AM by Dan Welyk | 0 Comments Filed under: Real Estate, For Sale

• Condo Market Correction - CTV Story

  For those of you who watched the CTV news story on Friday February 13, 2009 - you saw a story about buyer's trying to pull out of pre-purchase contracts as now that they are taking possession of their units, the values have gone down significantly. Read More... Posted Saturday, February 14, 2009 12:36 PM by Dan Welyk | 0 Comments Filed under: Real Estate, Market Conditions, Buyer Information, Seller Information

• Luxstone Link Price Reduction to $459,900 & 50" LCD TV now Included

  Great Family Neighbourhood • 1,938 sq. ft., 3 bath, 3 bdrm 2 story "Bonus Room Plan" - MLS® $459,900 Luxstone, Airdrie - Spectacular 1938 sq.ft. 2 storey on a quiet, family orientated street! Refreshing design and tasteful upgrades Read More... Posted Thursday, February 12, 2009 9:28 PM by Dan Welyk | 0 Comments Filed under: For Sale, Announcements

• Mortgage Rate Update for February 9th, 2009

  Rates dropped again slightly :) Looks like we are going to be seeing these incredible rates for a while! http://www.findnewdigs.com/Mortgage_Rates/page_2054071.html Since when has a first time home buyer had these incentives to back up the decision to Read More... Posted Monday, February 09, 2009 7:36 PM by Dan Welyk | 2 Comments Filed under: Real Estate, Finances, Buyer Information, Mortgage Rates, Mortgage News

• Help Your Children Take Advantage of a Buyer’s Market!

  I am going to give you an example - perhaps you can relate! A mature couple has a grown child in his early 20's, he is working full time and is unable to save up a down payment for a home as he is renting. Home buying was not on his radar whatsoever Read More... Posted Saturday, February 07, 2009 1:53 PM by Dan Welyk | 0 Comments Filed under: Real Estate, Buyer Information

• Lender Allowances, Home Renovation Tax Credits, First Time Home Buyer Credits....

  ***article updated February 9, 2009*** Renovation Allowances - this is an great tool for the home buyer who does not have the extra cash to fix up their new home!!! Here is how it works - depending on the lender, you can get up to $25,000 allowance for Read More... Posted Thursday, February 05, 2009 11:16 AM by Dan Welyk | 1 Comments Filed under: Real Estate, Buyer Information, Mortgage News

• Snapshot of January 2009 Calgary Real Estat Board Statistics

  SnapShot of Calgary's January Market Single Family Home (Calgary Metro) Month End Inventory 4040 New Listings Added 2068 Sales 550 Average Days on Market (sold) 62 Average Days on Market (active) 60 Average Selling Price (Median) $374,700 List to Read More... Posted Tuesday, February 03, 2009 12:20 PM by Dan Welyk | 0 Comments Filed under: Real Estate, Market Conditions, Statistics