Calgary Real Estate News and Information

As the headline states - "First Time Buyer's Retreat - Luxury Buyers Advance" - so very true! The entry level market has definitely slowed over the past couple of months - normally, I would see a decline in first time buyers as a sign of a over-all slowing market - however, for the past 18 months - first time buyers have really been ...

Another example of a recent transaction utilizing a Home Equity Line of Credit was for a client wanting to purchase a revenue property. They knew they wanted a revenue property but were very nervous of applying for a mortgage - not wanting to be tied down for many years. Essentially, they decided they would not move forward and purchase a ...

In the past month, two clients of mine were in need of downsizing into adult living style homes - offering amenities geared toward their mature lifestyle. In both cases, they were very stressed on how to make this transition seamless with lining up possession dates as their equity was tied up in their current homes. Feeling as though they had to ...

This is still a very common topic of interest for my clients - what should I do?  Fixed of Variable? Well - my answer is always going to be Variable - here is the data to support why.  (need .PDF reader) Aside from a few short periods in time, the variable is always the better choice.  Lenders offer options to lock in if you ...

Calgary showed a slight decline in the month of May with a total of 1262 Single Family Home Sales compared to 1352 in April - however the median price range actually went up to $420,000 from $417,000 last month. The number of new listings was aslo down slightly from April, meaning that our inventory levels did not shoot up.  This, along with ...

Osoyoos is becoming more and more of a vacation hot spot for Albertans - especially those living in and around Calgary and Edmonton. Las Ventanas - Window to Paradise may be that perfect lake front property you have been waiting for! Affordable, high end luxury condos featuring open floor plans, all facing and on the lake with mountain views, ...

Surprisingly, April was somewhat slower of a month than one would have expected.  Certainly nothing to be alarmed about, as the statistics continue to show stability. A little chatter out there in the media about another housing bubble - Calgary does not fit this catagory as the prices over the past year have stabilized - unlike ...

The lastest statistics released from the Calgary Real Estate Board show a consistant trend of stability in our market.  The number of homes selling versus being listed is at 74% - this almost borderline on the high side - however, statistically - March and April are very busy months.  I expect this figure to come back down into the high ...

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 and of course followed by un-needed concern from the public that the Governments mortgage ...

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 or simply a Vacation Getaway! Private beach - Granite Counters, Hardwood Flooring, Incredible ...