People who flip houses for a living often map out a more realistic timeline for buying, owning and selling their property.

Whether looking to purchase an income property as another revenue stream or to add to an investment and retirement portfolio, people who’ve taken this route have enjoyed economic security and financial stability.

City of Calgary property assessment do not reflect economic reality of the real estate market. Contact a Realtor for more accurate home value.

Amid predictions that Gross Domestic Product will slowly crawl up to roughly two per cent, there’s no incentive to jack mortgage rates up.

Opting for rent-to-own allows buyers to fix their credit history and grow their savings which help them qualify for a mortgage in the future.

Despite the fact that reputable contractors in Calgary are by far in the majority, stories surrounding shoddy workmanship could not be ignored.

Before you purchase a house, condominium suite or townhouse, evaluate all costs and figure out which type of housing fits your lifestyle the most

A Realtor can advise you on ways to increase the value of your home and ensure a shorter listing period on Calgary real estate market.

Like the real estate sales market, availability of rental units is also scarce in Calgary, largely due to the influx of workers into our city.

Available housing in Calgary is very limited and choosing between a newly-built or resale home almost always comes down to personal preference.

Could low housing inventory spark another real estate boom in Alberta? Is the real estate market in Calgary moving in the right direction?

Calgary’s bragging rights of having western Canada’s tallest skyscraper will remain intact for at least a few more years.

Growing economy, low unemployment rate, low interest rates, and positive migration have kept the real estate market in Calgary very stable.

As usual, Calgary is becoming the cowboy capital of the world in July. For ten days and nights, the Stampede will take you back in history.

If you’re considering buying a former grow-op, you can make a good deal.If you don’t feel secure, it’s better to hire professionals to check it.

Europe seems to be sinking deeper into crisis and those who were pretty optimistic at the beginning have already started to lose hope.

Leading North American financial institution CIBC published a new Debt Poll which revealed that 72 per cent of Canadians are in debt.

Calgary is one of the seats of Canada’s largest consulting firm exclusively dedicated to creating green buildings – Enermodal Engineering.

Homeowners Associations (HOA) are legal entities maintaining quality and value of the properties, ensuring compliance with rules and obligations.

Hawaii has a reputation as a stalwart long-term equity market that is in favor among those with a comparatively patient investment strategy.

Bloomberg Markets Magazine has released its annual list of the world’s strongest banks- four Canadian banks are in the top 10 and two in top 25!

You have finally decided to buy your dream cottage — a place with a relaxing environment. What are the thinks to consider?

Calgary continues to have strong economic growth with the second lowest unemployment rate in Canada and low downtown office vacancies.

The Calgary real estate market offers one of the best conditions for investments, but was unable to retain any major spike in resales last year.

In the last week, there were no changes to the mortgage qualifying rate of the Bank of Canada (BoC).

Renting your property raises several important issues that you should definitely consider before making such an important decision.

Canadian business people also appear in the list of billionaires published annually by Forbes. They control a part of the world’s wealth.

Last week, the mortgage qualifying rate of the Bank of Canada (BoC) reached 5.44 per cent with a prime rate at 3.00 per cent.

Canadians who face this difficult task should be aware of the pros & cons of buying and renting and check their affordability.

As far as income inequality is concerned, development in Canada is fundamentally similar to other countries.

Existing home sales have been strong from a historic perspective through the first four months of 2012.

Here’s a list of several interesting books that provide fascinating and valuable information for real estate investors.

Although the household debt fell in the 4th quarter of 2011, the reason wasn’t decreasing debt but income for farms and unincorporated businesses.

The Bank of Canada called for help to deal with the situation with the indebted aging population.

Real estate prices in Canada follow the very opposite pattern as the rest of the world and continue to reach new records.

Economists agree that the real estate market is vulnerable and that Canada’s housing bubble has become a topic of hot debate.

Don’t worry: whatever you want to do, you always have a lot of options. You have your freedom of choice. But is this a good thing?

Financial experts call for additional regulation to help ensure that homebuyers are prepared to pay off their loans.

No matter how well built your home is, it is always vulnerable to thefts, fire, natural disasters, and other threats.

New mortgage regulations are needed. Canada’s real estate market and consumer debt levels have risen to unsustainable levels.

If Calgary and Toronto met in a housing battle, who do you think would end up as the winner?

The Bank of Canada has once again decided to maintain its target for the overnight rate at 1 per cent.

According to HSBC’s chief economist, the wars in the Canadian mortgage market that have surged over the past month have subsided.

Mark Carney admitted that low interest rates over a prolonged period can encourage borrowers to borrow too much and for too long.

On January 20th, 2009, the Bank of Canada announced that it was decreasing its target for the overnight rate from 1.5 per cent to 1 per cent.

In January 2012, Calgary Realtors reported 1080 sales through the Calgary MLS® system. Sales are down by 1% year-on-year.

The extremely low rates at the beginning of this year increased somewhat, and they have now stabilized. They remain low.

Joseph Stiglitz made the phrase, “Privatize profits; socialize losses,” popular. However, he isn’t the one who invented it.

Ron Liepert warned that the province should be prepared for billions in revenue from the province’s oil sands that will lead to tensions.

According to a new report by UBS AG, household debt-to-income ratios are still at record high levels in Canada, but the risk remains moderate.

After the BMO offered a five-year fixed rate of 2.99 per cent, the lowest five-year rate in modern Canadian history, this week’s rate grew.

2011 started with a few signals of improvement in real estate market. However, the market still followed its weak trend.

The Bank of Canada left its overnight rate target of 1 per cent unchanged for the 16th consecutive month.

Buying own home – who doesn’t dream about that? However, after financial crisis more and more people reconsider their dreams.

For the month of December, new listings for single family homes fell 41% for the month, and are down 1% for the year.

Looking at the Phoenix example, Steven Jon Kaplan says that real estate will drop by 50 per cent everywhere.

Only one change occurred in the table: the one-year lowest closed fixed mortgage rate decreased.

The hot growth mecca, as Calgary was described by a forecast in Emerging Trends in Real Estate 2012, attracts investments and new work migrants.

Home prices will probably drop by 5 per cent in the first half of 2012 as a result of a weakening economy, said economists at Bank of America.

The lowest fixed mortgage rate for one year has slightly increased. Other rates remained stable.

Increasing income inequality isn’t unique for Canada, as 71 per cent of the world’s population live in countries where this trend is common.

Continued low interest rates will offset weakening global economic growth in 2012 and will help Canada’s economy to avoid recession.

Robert Avery and Kenneth Brevoort investigated the role of Community Reinvestment Act and Government-Sponsored Enterprise in subprime crisis.

How serious is the debt situation in Canada? Do national central bank and economists really have reason to be worried?

Average price for Calgary homes remained unchanged and Calgary condos dropped compared to the previous month and November 2010.

Calgary was called a “hot growth mecca” by a PwC real estate report and it has seen strong expansion in recent years. Is it just a beginning?

The idea that the world is controlled by a small group of powerful corporations isn’t new.

Canada, as a net exporter of energy and the world’s sixth largest energy producer, plays an important role in the global market.

Experts believe the number of foreclosures has increased as a result of worsening economic performance after the crisis.

Although mining has been conducted in Canada since the 17th century, the remarkably rapid development of the industry started at the end of WWI.

PwC and the Urban Land Institute surveyed over 950 industry experts from North America providing an outlook on real estate trends.

Canada’s forests play an important role in its economy and its international image, amounting to 1.8 per cent of the GDP in 2009.

In October 2011, Calgary Realtors reported 1,357 sales, up 14% from October ’10. Y-to-date sales, at 16,191, were up 8% compared to the first ten months of 2010.

Chinese investments from 2005 to 2010 in Canada amounted to $10,800 million, according to Heritage’s research.

Professors of Wharton School generated important findings that aren’t in perfect accordance with current assumptions about housing boom causes.

Why are European leaders so fond of saving indebted countries at any cost, and how does it influence ordinary people?

If you would like to boast the most expensive house in the whole of Alberta, you need to head north from Calgary — to Edmonton.

Although Canada can be proud of its healthy banking system and development, it is still a country with close ties to the international markets.

The housing market in Spain is devastated. At the beginning of the 2000s, Spaniards enjoyed a great improvement in the housing market…

Yes, it’s true: our favourite Calgary Broker, REALTOR® is now on OurFaves.ca, one of the fastest-growing business review sites in the country

Canada received great ratings in various economic studies, including the last Forbes list of the best countries for business.

Talking about Greece means talking about the first country to bail out in the Eurozone and the one with the highest government debt in Europe.

The property bubble boomed and the Irish banks found themselves in deep crisis. Ireland’s progress was as overwhelming as its fall.

Modern money has become an inseparable part of our world, but the way we create and destroy it nowadays is much different than in the past.

It is predicted that Portugal won’t recover until 2012 due to its high deficit and several ineffective and unpopular measures.

Canada fell from tenth to twelfth place in the list of most competitive economies in the world, according to the Global Competitiveness Report.

Report released by StatCan showed that the median market income fell in 2009, resulting in the first significant drop since the early 1990s.

Italian real estate stock is still weak, but it doesn’t suffer as much as the other sectors of Italian economy touched by the tough measures.

According to RBC’s latest report, Alberta is the most affordable province in Canada when it comes to real estate.

Canadians are the largest non-American buyers of US real estate today. Low prices make US property very attractive.

Calgary’s latest housing statistics aren’t much cause for joy. Is it only a short-term phenomenon caused by economic turmoil in the world?

What is the secret behind Canada’s success? And what could threaten Canada’s economy in the future?

In the September 2011 edition, our David Tsegai was asked to provide an expert’s overview of the current state of the housing market in Calgary.

Americans are more careful, and they don’t rush into buying their own house. Now, renting is cheaper and gives them time to wait.

For the third consecutive months, the year over year monthly sales has increased by double digits.

Reverse mortgage are different than traditional mortgages in several ways, and as everything new and different, they arouse suspicion.

Would you like to fulfill your dream about the ultimate home? No problem; the most expensive home in Calgary is for sale and can be yours.

The financial crisis in Europe has put the Euro in serious danger. Greece, Spain, and Italy are now the most threatened countries.

Almost 50 per cent of Canada’s Baby Boomers are still paying their mortgage, says a poll from the Canadian Imperial Bank of Commerce.

Europe has to face problems as serious as the US and phrase “return of the recession” is more and more frequently heard.

Why is the decision of one firm, a rating agency, so important? Do we need such agencies? And how do they determine their ratings?

Almost no one predicted the US recession before it came, but now, this won’t happen again. Specialists predict every (im)possible disaster.

Although analysts are skeptical about Canada’s housing market, most agree that Calgary’s prospects aren’t unfavourable.

The condominium boom is a part of the Canadian real estate sector that has supported the recovery of the national economy.

The single family market recorded 1,153 sales in the month of July 2011. This is an increase of 26 per cent when compared to July 2010.

Despite economist’s warnings about far-reaching consequences, US legislators still haven’t reached an agreement about how to proceed.

Has Canada really prevented the negative effects of its housing bubble, or has the day of reckoning only been postponed?

There is the option of so-called extended amortization with which you can spread your mortgage out across as many as 40 years in Canada.

1,174,697 visitors, including Prince William and his new bride, Kate, left the Stampede believing that it deserves its reputation.

I am introducing a new neighbourhood in the Calgary Neighbourhoods Guide. Western style Hanson Ranch Neighbourhood offers mainly single-family detached homes.

What does the term really mean? What could happen when it really bursts? And why don’t we prevent it? Let’s go over some housing bubble basics.

Consumer prices increase was well above all 24 forecasts in a Bloomberg survey of economists and far above the Bank of Canada’s target.

Since the World Wide Web was created, the Internet has been changing our lives and the whole of society. What can the Internet offer homebuyers?

Which province has the strongest economy? Which of them has the highest prices? And what about their housing markets?

You won’t wow anybody with a house that merely functions. Instead, the house or condo that you’re selling has to have the looks, too!

Calgary’s housing market continues at a healthy and balanced pace. The number of single family homes and condos sold in June 2011 were both up 30%.

“The Greatest Outdoor Show on Earth” traditionally attracts more than a million guests, but this year two of them will be special.

A financial system can’t work without banks. We use bank services every day, and probably we can’t imagine life without them.

How are we doing? We would like to hear from you, dear client, and learn what you think about our real estate practice.

Alberta is a dynamic province with wonderful potential. The city of Calgary is booming and it is fulfilling its role as an economic hub.

We pay taxes everyday — when we’re eating in restaurants, when we’re shopping, and even when we’re travelling.

After Harvard University released its State of the Nation’s Housing Report, economists sparked hot discussions about the future of the US economy.

Harvard University released its annual State of the Nation’s Housing Report showing that the housing market hasn’t played its role.

Exportation is one of the most important macroeconomic factors in Canada. In 2009, exportation accounted for approximately 30% of Canada’s GDP.

The most popular indicators of labour market conditions are rates measuring unemployment and employment; used in every type of economic media.

May is over and we bring an overview of the most important events that happened over the last thirty one days.

An interest rate is the rate that is charged or paid for the use of money. Interest rates are usually expressed as a percentage of the principal.

At the beginning of this month, Statistics Canada announced an unexpected unemployment decline. Economists’ comments were optimistic.

Fires around Slave Lake threaten not only Alberta’s environment but also its economy. Oil companies cut their operations Monday, and on Tuesday.

Sales activity decreased by 14.7% from April 2010, and the national average home price was $372,544 in April 2011 — a year-to-year growth of 8%.

RBC expects Alberta’s GDP to grow by 3.8% in 2012, following Saskatchewan’s growth of 4.3% after Statistics Canada revised its estimates.

According to the forecast released by Canadian Real Estate Association (CREB), Alberta’s MLS sales will grow the most in the country next year.

GasBuddy.com predicted that gas prices will reach $1.40 per litre this summer. How will it affect our living?

Alberta’s employment statistics indicate a weakening of the labour market, but in Calgary the unemployment rate shows favourable numbers.

Housing starts in Canada have declined in April 2011. The seasonally adjusted annual rate of housing starts calculated by CMHC was 179,000 units.

Canada’s gain of 58,000 new jobs in April surpassed all expectations. The unemployment rate dropped by 0.1% to 7.6%.

The Alberta government advises potential condo buyers to read early planning agreements thoroughly before signing and handing over non-refundable deposits.

Industrial products and the raw materials used to manufacture these products grew more than expected in March.

According to a BMO Tax Season Study, the majority of Canadians are looking for a more simplified tax system that reduces capital gains.

According to a report released by RealNet Canada Inc., Calgary commercial real estate investment remains down from its last peak and shows only modest growth.

Calgary has benefitted from international energy investment from its early days. Today, the energy sector plays the most important role in Calgary.

The first three months of 2011 have been exceptionally strong with record high sales, but a balancing period followed, with lower level of sales.

Calgary office occupancy was high; all ‘AA’ through ‘C’ class office space categories showed positive momentum in the first quarter of 2011.

Canadian families paid more on taxes than on food, clothing, and shelter combined in 2010, reports a new study released by the Fraser Institute.

Let’s look at how Canada’s economy is developing in its main components. The latest data about the Canadian GDP is from January 2011.

Strong currency affects exporters, causing losses in competitiveness on international markets. The Canadian dollar hit a 3.5-year high recently.

New home prices in Calgary may grow by about $8,000 because of an agreement that would make developers carry more of the cost of building new suburbs.

The predecessor of the Canadian dollar was the Canadian pound, equal to 4 US dollars and 92.88 grains gold.

According to a report released by the Conference Board of Canada on April 19th, the economy created over 80,000 jobs in the first quarter of this year.

The housing release for March by the Canadian Real Estate Association indicates that the Canadian housing market is transitioning into a more stable state.

As the planet runs out of oil, Canada could be trapped in a violent spiral of decline in the economy and the environment, according to the Calgary Herald.

The Consumer Price Index (CPI) is usually considered a measure of the cost of living. It is one of major economic indicators and a tool to calculate inflation.

According to the Canada Mortgage and Housing Corporation (CMHC), the annual rate of Canadian housing starts was 188,800 units in March.

Positive momentum in the Calgary industrial real estate market continued into the first quarter of this year following a strong finish in 2010.

Housing starts will moderate in all areas of Canada except British Columbia and Alberta, according to the Canada Mortgage and Housing Corporation (CMHC).

On March 29, The Economist posted a list of OECD countries by taxes on property as a proportion of GDP. It shows that Canada’s taxes are the second highest.

Positive economic predictions are proving to be true. Canada’s manufacturing sector has led the economy toward continued strength.

According to a report released by the Calgary Real Estate Board (CREB), Calgary’s home sales, prices, and listings have decreased since last year.

GDP (gross domestic product) is usually considered an indicator of a country’s standard of living. Let’s see how the GDP is developing in Canada.

Japan’s earthquake and the war in the Middle East have recently overshadowed problems in Europe. Warnings about the European financial problems have come true.

We are continuing to see a marked increase in buyers in Calgary real estate market. Sales are up 14.1% for single family homes and 20.9% for condos

Mayors, finance ministers, and executives from Canada to Chile met to talk about urban sustainability in the growing towns and cities of the Americas.

Calgary took third place in the overall ranking of the Toronto Board of Trade’s third annual Scorecard on Prosperity.Toronto dropped to eighth place.

An election campaign won’t be negative for the economy, although the Conservatives are warning that the opposition is putting the economy at risk.

The three opposition groups – the Liberals, the Bloc Québécois, and the NDP, joined forces to bring down Harper’s minority conservative government.

A survey conducted by Leger Marketing reveals that Canadians are interested in buying homes south of the border.

On March 22th, The Honourable Jim Flaherty, Minister of Finance, launched the next phase of Canada’s Economic Action Plan by tabling a new budget plan.

Calgary single family homes are forecast to increase by 4 per cent over the next 12 months. Home prices across Canada are expected to increase by 1 per cent.

Air Canada is cutting six of its flights because of soaring fuel prices and half of them are from Calgary. WestJet has raised its fares.

Since industrial real estate demand in Calgary is increasing, let’s have a closer look at its development according to the Avison Young survey.

Larger longer-term deals, recently-completed space, and an overall increase in demand have been witnessed, says a new report by Avison Young.

According to Business Review Canada, energy is the second most prosperous industry in Canada, with a market capitalization of 435.8 billion dollars.

The Royal Bank of Canada has changed its residential mortgage special rate offers. The new rates came into effect March 16, 2011.

Turmoils in North Africa and high oil prices help Canadian oilsands companies to grow faster.

Calgary region building permits took a surprise fall in January as both residential and non-residential activity weakened, according to Statistics Canada.

In its effort to stop tailgaters (people paid cash on the spot avoiding taxes), the government is trying to interfere with the underground economy

Tourism Calgary lowers 2011 expectations on the number of out-of-town visitors due to climbing gasoline prices and a strong dollar.

he recently launched Attainable Home Ownership Program is designed to help people who are struggling to buy a house in the city. Now with an affordable option.

The single-family home sales hit 1,169 transactions last month, with an average sale price of $461,786, according to the Calgary Real Estate Board

Investment in non-residential real estate contracted by more than 10 per cent in 2010, reports Statistics Canada.

Calgary, with 3.7 per cent, is among the top five cities for growth in gross domestic product in 2011 along with Windsor, Oshawa, Regina and Saskatoon.

Canada and Australia are leading the “Most Livable Cities” chart composed annually by the Economist Intelligence Unit.

According to the Altus Group report on residential housing, Calgary’s condo market started to revive in January 2011.

According to the Calgary Regional Housing Market Statistics issued by the Calgary Real Estate Board (CREB), Alberta has a positive housing market outlook.

Mayor Naheed Nenshi has recently spoken out in favour of the legalization of secondary suites across all residential neighbourhoods in Calgary.