Calgary Real Estate News and Information

BANK OF CANADA MAINTAINS LOW LENDING RATE

Marianne LePan — Tue, 02 Mar 2010 17:27:00 GMT

Good morning: GO TEAM CANADA GO. Best hockey game I've ever seen! The Olympics were fabulous, we are blessed in Canada. On to business -- Bank of Canada has acknowledged positive economy recovery results, however has maintained the low lending rate...(read more)

Calgary Real Estate Board Statistics for February 2010

Dan Welyk — Tue, 02 Mar 2010 16:58:00 GMT

As the headline says - "Calgary Housing Market Shows Signs of Balance, Not Bubble" - Unable to agree with that statement more! That is exactly what we have been seeing for the past few months now. There was some immediate hype from the media...(read more)

OTTAWA MAKES CHANGES TO INSURED MORTGAGES

Marianne LePan — Tue, 16 Feb 2010 18:29:00 GMT

We have just received notice from CAAMP of changes to the rules for insured mortgages. Changes were made to qualifying rate, refinancing values and downpayment for rental/investment property. No changes to downpayment on owner-occupied and no changes...(read more)

2 Story For Sale in Coventry Hills

Dan Welyk — Tue, 09 Feb 2010 19:52:00 GMT

• 1,427 sq. ft., 2 bath, 3 bdrm 2 story - $419,900

Coventry Hills, Calgary - Welcome home. This extensively upgraded 3 bedroom plus bonus room home has everything you need. 13x13 Italian ceramic tile (heated floor in main bath) and red oak engineered hardwood provide an upscale look while the upgraded short-shag carpet in the bedrooms gives comfort and style. This home sits on a huge fully fenced pie-lot with access to greenspace (future school site) from the backyard – perfect for pets and kids. A touchscreen programmable thermostat controls your climate control system – furnace, electric heat pump (activates instead of furnace above a pre-set temperature) and air conditioning – which will keep you (and your wallet) comfortable year round. Nice size master with walk-in closet plus two bedrooms on upper floor. Open concept main floor includes gas fireplace in the great room and kitchen with access to large deck off the back door. The basement is usable living space (would be great for a theatre) with drywall, paint, single-plank laminate flooring (with Delta-FL underlayment) and electrical work completed, and the bathroom is roughed in for whenever you’re ready. Come look today – you will not be disappointed.

Property information

HARDER TO GET A MORTGAGE??

Marianne LePan — Tue, 02 Feb 2010 18:46:00 GMT

Ottaw may be changing the guidelines for mortgages - you may want to act today! Buying now means taking advantage of ...... get more details and check out the latest rates at http://www.findnewdigs.com/Mortgage_Rates/page_2054071.html Have a great week!...(read more)

January 2010 Calgary Real Estate Board Statistics

Dan Welyk — Mon, 01 Feb 2010 23:23:00 GMT

Calgary saw the expected increase of new listings in January - we ended the month with approximately 500 more single family homes compared to December. Expect to see this increase of inventory to continue through February. We are creeping up to our statistically...(read more)

Save Thousands of $ before BC's HST Kicks in July 1, 2010

Dan Welyk — Tue, 26 Jan 2010 21:10:00 GMT

Destination... Osoyoos, BC . Picture yourself in a luxurious waterfront condo with Unobstructed Views of the Lake and Mountains ! Full ownership in a small 11 unit development with no restrictions forcing you to rent - use it as a permanent residence...(read more)

Bank of Canada Maintains Low Interest Rate

Marianne LePan — Tue, 19 Jan 2010 16:35:00 GMT

Good morning: following the Bank of Canada's meeting yesterday the Bank said that while the eonomic growth in Canada resumed int he 3rd quarter of 2009 and there has been a slightly higher than expect rate of inflation in recent month, it reitereatd...(read more)

Bank of Canada takes stance on housing bubble

Marianne LePan — Fri, 15 Jan 2010 17:00:00 GMT

A Bank of Canada official takes stance on housing bubble . "If the Bank were to raise interest rates to cool the housing market now - when inflation is expectd to remain below target for the next 1 1/2 yrs. - we would, in essence, be dousing the...(read more)

Home Renovation Tax Credit (HRTC) Still Available - Mortgage Renewal Notice

Marianne LePan — Mon, 11 Jan 2010 18:12:00 GMT

Hi Everyone: I'm extremely excited to be contributing to Dan Welyk's website as Mortgage Specialist. I thoroughly enjoy workng with Dan Welyk, an exceptional realtor, and together we establish excellent relationships with our current and future...(read more)

Introducing Marianne LePan as Contributor

Dan Welyk — Thu, 07 Jan 2010 17:14:00 GMT

I would like to introduce and welcome Marianne LePan as a contributor to our news blog. Marianne and I have been working together for some time, many of you know who she is already through direct dealings as well as our in house Mortgage Specialist at...(read more)

December 2009 Calgary Real Estate Board Statistics - Ending the year strong...

Dan Welyk — Wed, 06 Jan 2010 17:55:00 GMT

SnapShot of Calgary's December 2009 Market Single Family Home (Calgary Metro) Month End Inventory 2054 New Listings Added 806 Sales 799 Average Days on Market (sold) 47 Average Days on Market (active) 64 Average Selling Price (Median) $401,000 Listings...(read more)

2 Story Walk-Out For Sale in Royal Oak

Dan Welyk — Thu, 03 Dec 2009 02:34:00 GMT

Child Friendly Quiet Cul-de-Sac

• 2,070 sq. ft., 4 bath, 4 bdrm 2 story "Fully Finished Walk-Out" - MLS® $549,900 - Incredible Value!

Royal Oak, Calgary - Custom Built Fully Finished 2 Storey Walk-out on Quiet Cul-de-Sac!

Open concept plan with main floor flex den/dining room with two sided fireplace into living room. Offering a super functional kitchen with island and breakfast bar, large pantry, black appliances with gas stove! Spacious nook with vaulted ceiling and large windows to allow loads of natural light!

Upstairs offers an over-sized bonus room, large master with walk-in organized closet, 5 piece ensuite with soaker tub! Second and third bedrooms are joined by a 5 piece Jack and Jill bath. Basement is fully finished with a maple laminate, luxurious 3 piece bathroom with steam shower, large bedroom with fireplace and rec/family room - still offering plenty of storage space!

All main and upper windows finished with Hunter Douglas blinds, south windows offer Solar Blocking Screens for energy saving! Porcelain tile and maple hardwood floors, maple cabinets, central vac, honeywell steam humidifier, enviro-friendly toilets...and more! Mature landscaping with loads of trees, dog run, underground sprinklers - all on a child friendly street and walk to parks and new K-9 school (fall 2010) and future approved Junior High!

Property information

Overland Drainage Right of Ways and Real Property Reports

Dan Welyk — Wed, 25 Nov 2009 21:34:00 GMT

Do you have an Overland Drainage Canal on your property and are considering selling your home? Are you planning on purchasing a home that has one? If so, this article is for you! When you sell a home, you will be requested to provide a copy of your Real...(read more)

Community Market Reports Emailed

Dan Welyk — Tue, 03 Nov 2009 23:30:00 GMT

Starting today, you can request to have detailed community real estate market reports emailed on a monthly basis to keep you up to date with trends in any area in and surrounding Calgary! This is a great new service offered for those who want to be fully...(read more)