Entries Tagged as 'Calgary Real Estate News' for 2012


The most up-to-date real estate news from Calgary, Alberta and Canada can be only be found on the best place for housing market updates: CalgaryRealEstate.ca!

Skyscraper to Add to Calgary’s Lofty Status

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

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Investment Tip of the week – Downtown Calgary Condo

This 19th floor, Tarjan pointe condo might be a great investment for some one that works downtown Calgary or for investment property.

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Five Signs the Real Estate Market is Improving in Calgary

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

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Positive Outlook for Calgary Real Estate Market

Despite strong sales activity this year, Calgary housing market remains affordable.

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Investment Tip of the Week – 221 Coverdale Road NE

This detached single family property located in Coventry Hills, close to schools, parks, and shopping is surely great investment opportunity.

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Investment Tip Of The Week – 13 SUNHAVEN LI SE

This spacious bungalow in a family neighbourhood is priced to sell! For $432,900 you get four bedrooms, living room, dining room and recreational room

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Calgary Stampede Celebrates 100th Anniversary

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.

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The Opportunities and Risks That Come With Buying Former Grow-Ops

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.

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How Does the European Bailout Affect the Canadian Real Estate?

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

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Three quarters of Albertans are in debt!

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

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Sustainable Buildings in Calgary

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

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The Battle With Homeowners Associations

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

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Canadians Must Be Diligent When Purchasing Hawaii Real Estate

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

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Canadian Banks Are Among World’s 10 Strongest

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!

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Buying a Cottage in Alberta

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

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Investment Tip of the Week – 28 Pensacola CL SE

This detached single family property located in Penbrooke Meadows is surely great investment opportunity.

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Optimism Continues to Fuel Calgary’s Economic Growth

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

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Home Price Gains in Calgary Slower Than in Other Cities

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.

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Mortgage Rates – 20th Week of 2012

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

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Should You Rent or Sell Your Home?

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

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Investment Tip of the Week – 130 New Brighton Close SE

What a fantastic little two storey on a great location! Needs only modest painting and is in great condition.

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Meet Some of the Canadian Billionaires

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

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Mortgage Rates – 19th Week of 2012

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.

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To Rent or To Buy, That is the Question

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

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Investment Tip of the Week – 759 Panorama Hills Drive NW

If you are still looking for a single family house in the popular neighbourhood of Panorama Hills, here’s another tip for you.

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Meanwhile, Inequality Is Rising

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

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Calgary Housing Market Stats for April 2012

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

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Investment Tip of the Week – 827 McKenzie Drive SE

If you are still waiting for the one-time offer, here it comes. Three bedroom bungalow on McKenzie Drive SE is offered for only $269,900.

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Top Seven Books for Real Estate Investors

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

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Who Will Take Steps to Control Household Debt?

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

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Investment Tip of the Week – 4305 60 Panatella ST NW

Opportunity knocks! 900 square feet, two bedrooms, 4-piece bathroom with in-suite laundry in the desirable community of Panorama Hills.

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Investment Tip of the Week – 170 PANAMOUNT RI NW

This 2100 square feet remediated grow op is priced at $370,900 and could be a great investment for the right buyer.

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Mortgage Rates – 15th Week of 2012

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

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To Buy or Not to Buy?

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

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Investment Tip of the Week – 1727 54 Street SE

Here is your chance to live in one of the newest, most luxurious and affordable condominiums in Penbrooke!

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The US Subprime Crisis: Why History will Not Repeat Itself in Canada

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

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Does an Abundance of Choices Make Us Happy?

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?

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Investment Tip of the Week – 211 Panamount Hill NW

Fully remediated, shows clean, open and bright. With some TLC, this could be your dream home. Hurry up before it’s gone!

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Mortgage Rates – 12th Week of 2012

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

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Property Insurance: Think Twice!

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

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Mortgage Rates – 11th Week of 2012

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

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Calgary vs. Toronto: Who Wins in the Housing Field?

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

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Investment Tip of the Week – Rental Property for Sale

Immaculate, deluxe, duplex with two self contained walk-out illegal suites!!! Originaly built as a 4-plex, 4 furnaces and 4 newer hot water tanks

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Mortgage Rates – 10th Week of 2012

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

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Mortgage Rates – 9th Week of 2012

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

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Investment Tip Of The Week – 345 Mckenzie Towne Drive SE

This two storey detached single family house was built in 2007. As a former grow up it is priced only $345,900.

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Mortgage Rates – 8th Week of 2012

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

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Low Interest Rates as a Trap

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.

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Calgary Housing Market Stats for January 2012

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

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Mortgage Rates – 7th Week of 2012

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

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Investment Tip Of The Week – 260 Taralake Terrace NE

If you are into real investment opportunities, take a look at this residential two storey detached family house.

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The First Rule of the Game: Privatizing Profits, Socializing Losses

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

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Should Albertans Brace For the Wrath of the Have-Nots?

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

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Investment tip Of The Week – 149 Copperstone Circle SE

Incredible opportunity to get into you first family home or purchase an investment property in an excellent family neighbourhood!

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Mortgage Rates – 6th Week of 2012

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.

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Mortgage Rates – 5th Week of 2012

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.

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Calgary and Alberta Real Estate Market in 2011

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

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Mortgage Rates – 3rd Week of 2012

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

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Investment Tip of the Week – 106 – 635 57 Avenue SW

This is the deal of the year so far and the best price in Windsor Park. This 1 bedroom apartment is a steal at this price!

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Renting vs. Buying: What to Choose?

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

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Calgary Housing Market Stable in December

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

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Investment Tip Of The Week – 304 Douglas Glen BV SE

Come and view this diamond in the rough. Just a little bit of polishing to make this gem shine once again.

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Phoenix Phenomenon: Will It Occur Everywhere?

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

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Investment Tip Of The Week – 1029 KINCORA Drive NW

It is hard to find this kind of homes in Kincora for less than $500,000.

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Mortgage Rates – 1st Week, 2012

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

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Calgary’s Prospects Support Housing Market

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

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Investment Tip Of The Week – 1800 14A Street SW

Spacious 2001-built loft with 1000 SqFt. opens up to a private rooftop patio that features downtown views and loads of room for entertainment.

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