Calgary Real Estate Blog

Garage sales are always a sign that spring is here and people are removing their clutter from their homes and hoping someone else will find treasures in their no longer needed items. The general rule of thumb is if you have not used an item or worn an item in 6months or longer than you don’t need it or want it so it is time to get rid of it! This can be hard for some people but the benefit of getting rid of the possessions you no longer use or need is you can make some cash from the comfort of your own home! We are here to help you learn how to create and manage a successful garage sale in the coming weeks, clean the clutter from your home and make some extra spending cash!

First and foremost it is a great idea to get your neighbors involved.…

Statistics Canada has posted their most recent data and within this data it has been found that building permits in Calgary as of March of 2012 have risen significantly since March of 2011. Building permits were up by 2.9% from February of 2012 and a whopping 33% higher than that of March of last year with a total spending of $457.7 million in permits for the Calgary metropolitan area. In the total of Alberta, the amount spent in permits for the month of March totaled to $1.2 billion which resulted in a 5.6% monthly increase and a 37.5% yearly increase in permit sales.

In terms of the residential areas of Calgary and Alberta as a whole, the building permits rose to $698.3 million which is a 22.7% increase from last year at this time and a 6.8% increase…

Immaculate, clean and classy in Taradale Calgary, Alberta. This home, with central air conditioning has been kept in impeccable condition. Located across from a playground, close to all amenities such as shopping, public transportation, and schools. The main floor, which has all laminate flooring, offers a kitchen, dining room, living room and a half bathroom with main floor laundry. The upper floor has 3 good sized bedrooms and a full bathroom. The basement if fully finished with a family/rec room, full bathroom and extra storage space. The backyard is a fair size with a double detached garage and a spacious deck. And not to forget the front of the home which boasts a lovely porch which face east. Catch the sunrise in the morning and enjoy it…

The city has taken a new approach to transportation updates; they are asking the opinions of commuters to help make future updates as successful as possible. In terms of commuters this means drivers, pedestrians and cyclists as well. If you consistently use Macleod Tr. between 25 Ave. S and Anderson Rd there is an online survey you can complete to report your commuting experience to help the city see where the weak and strong points are of this vital traffic section. At this point in the process the city is completely wide open to suggestions they will use towards a decades old plan to update the Macleod Trail.

The 2009 Calgary Transportation Plan outlined the Macleod Trail as a high occupancy vehicle route and one of the primary travel zones of the…

This past Thursday BMO released the results of an online survey conducted with a sample group of 1,000 home and condo owners throughout Canada. Whether you are interested in buying or selling your current residence the results of this survey may surprise you. 22% of Canadians said that they are more than willing to enter a bidding war when it comes to placing an offer on the home they want to buy. This stat includes Alberta, the Prairies and Ontario as the most likely to enter a bidding war; leaving out Quebec, BC and Atlantic Canada.

Now, of the home and condo owners who stated that would definitely enter a bidding war without question, half of them stated they would pay up to 110% of the asking price. A quarter of this same group stated they would go…

Colliers International is the high end real estate broker dealing with the newly listed Highland Golf Course; on sale with hopes of redevelopment. This 9-hole golf course has been a major focal point and draw-in for the Highland Park neighborhood for years and this spring has been the first year it has not opened for the season. The asking price for this unique piece of green land so close to the downtown area of Calgary is $11.5 million. Although residents close to the golf course are not happy about the sale, many admit that it was only a matter of time for a space of this size, so close to the inner city to become a developer’s dream.

The community association of Highland Park is keeping a close eye on how this sale develops. They’re hoping to…

Hello Everyone,

Just a quick update for you on Scotia Bank's rate hike. I've just been notified by our Mortgage Specialist that the 5 year fixed rate will be going up to 3.39% from 3.29%. While the change is not too substantial we would like to encourage anyone who is thinking about making a move to at least get a rate hold on the lower rate. Please feel free to email us at info@calgaryrealestate.pro to be contacted by our Mortgage Broker.

Thanks for your time and hope to hear from you soon!

Best Regards, Carlos Montes

Calgary’s real estate market has taken a unique turn this year, one few real estate professionals saw coming. There has been a significant increase in resales this year compared to the same months last year but listings seem to be decreasing creating this unique problem of not enough inventory. The Calgary Real Estate Board  is becoming concerned as to what type of effect multiple offers will have on the market. Although this is becoming a common occurrence, multiple offers can happen in any market when a property is priced correctly and/or is so unique it attracts an abundance of attention.

The president of the Real Estate Board in Calgary has stated that although the new listings hitting the market are attracting a great deal of attention that are…

Increasing sales in the Calgary real estate market have begun conflicting with the decrease in new homes listed on the market. The first quarter of this year has provided a lot of new information regarding the real estate market within Calgary, information that will help home owners like yourself decide whether it is the right time to buy or to sell. Although the sales to new listings ratio is actually up for last year, it is not quite as high as the demand requires it to be so far this year. Currently at 0.57% this ratio is up 15% from last year; very promising figure.

The Calgary Real Estate Board has reported that during this first quarter sales have reached 4,970 MLS sales for residential homes which is 7.32% higher than the year before. At the…

March of 2012 displayed a massive boom in the real estate market within Calgary, 12.63% higher sales value than the same month only one year ago. Single family homes seem to be leading this newly developed surge but this is not a trend sure to fade; this real estate activity is only going to continue to grow and if you’re interested in moving to Calgary or purchasing real estate there this is an article you should read. Not only is it important to note here that the overall residential sales are up for March, 2012 but also the selling price is up 3.69% to $422,000 on average. Now you may be wondering what is causing this recent surge and when this bubble may pop, allow us to go into detail for you.

First, real estate professionals are certainly not…