Calgary Real Estate Blog

                  

If you didn’t make it to the Calgary Home Show back in March or if you did but are still looking for more inspiration, you’re in luck as next weekend it’s the Airdrie Home and Lifestyle Show’s time to shine. The show is celebrating its 40th anniversary this year and will have over 200 exhibitors making it the largest lifestyle consumer event in the city of Airdrie and Rocky View County.

The event is held at Genesis Place on Saturday April 29th from 9-5pm, and Sunday April 30th from 10-4pm. There is ample free parking both at Genesis Place and the adjoining arena and admission is only $5 per person (those under 12 are free). Your admission gets you qualified for the door prize draw with prizes including a $1000 worth of gift cards

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Ever wonder what months account for the most activity on the Calgary Real Estate Market? Be it the nicer weather or any of a number of other reasons, the middle half of the year—April through September--are the prime months to move and for a typical year, that means 60% of housing sales. This is good news if you are looking to get into the market, or have a home currently on the market as March, well, marched us into Spring and gave the city a balanced detached market for the first time in a long time.

With the first quarter of the year already in the books it seems the market is headed in the right direction. Sales were 10% lower than this time in 2016, but when compared to the average inventory of last year, something that went down in March 2017, we

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                                  (Photo credit: Reid Built Homes)

Location, location, location is the first thing many buyers think of when looking for a new home. It’s also a catchphrase that has become synonymous with real estate agents as they strive to find the perfect location for each of those buyers.

Synergy is defined as the increased effectiveness that you get when two or more elements work together. When you put location, location, location together with synergy then, you get Synergy of Sky Pointe, a new condo development in northeast of the city of Calgary and located in the community of Skyview Ranch. It has location down as it’s located at Skyview Ranch Street and Skyview Ranch Drive in the NE and to go one step further, it also has

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February may be a short month, but that didn’t stop people from buying and selling homes. In fact, the month ended with some optimism as the market continues to show signs of recovery. There were 1,342 properties sold in Calgary last month which is a 19% increase from February of 2016. While the experts are hopeful that the upward trend continues they caution that last year’s market was one of the weakest on record so while it is improving, it still has a way to go.

Both the apartment and the attached part of the market showed better sales numbers in February, with the apartment sector still seeing elevated inventory levels as well. The downward price pressure also stayed with the apartment sector through February. The attached home sector saw

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Britannia, Mount Royal, Bel Aire & Mayfair, Eagle Ridge, Roxboro. These are just some of Calgary’s richest communities; places where you can find multi-million dollar homes, estates and some of the most beautiful properties in the city. Well, that was what used to be the case, as more and more luxury homes-- those priced over One Million Dollars--are popping up in other communities around the city as well.

Luxury homes can take any shape and style. There are the ones with the old world charm with lots of wood and warm touches throughout, the ones with the ultra-modern architecture and the crisp clean minimalist lines and the ones that have let the owner’s imagination go wild because if you have the money, the sky really is the limit to what you can

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(Photo credit CREB)

It’s a new month and indeed a new year, so you know what that means; it’s time again for the Calgary Real Estate Board’s update of what happened last month on the markets. The good news remains that the Calgary market is stabilizing and this stabilization is expected to create a sort of ripple effect on the markets in Calgary’s outlying areas, places like Okotoks, Chestermere and of course Airdrie. 

In December of 2016, Airdrie was responsible for 5% of the total sales in the region with 57 transactions taking place. There were 62 new listings and an inventory of 317 properties, thanks partly to the increased supply of brand new homes and the resale homes that have overwhelmed the market there.

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Calgary has long been a safe place to live and it continues to be, even though it is a big city with a large population that does see its share of crime. The good news is that the Calgary Police are doing a great job of keeping violent crime rates under control, the bad news is the sagging economy and the drug addiction problem that is plaguing the city has made it a haven for break-ins and car thefts.

Break and Enters (B&E’s) have been steadily on the rise all across Calgary for the past few years. If you include residential, commercial and vehicle B&E’s there were more than 9000 incidents reported to police in 2015. The final numbers for 2016 have yet to be released, but we do know that in just the first eight months of last year the incidences

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It’s never too late to find that special event to share with your loved ones this Christmas season. You may have already visited with Santa, taken in a parade or two or seen a Christmas concert, but there are many more things to take in before the season is officially over. From lights to skating and from shows to train rides, the city of Calgary and surrounding towns and cities have done it up right this holiday season. Be festive, be merry and take in one or all of these fun family events throughout the city this December:

First up is Slipper: A Distinctly Calgarian Cinderella Story which runs through December 31st at the Martha Cohen Theatre located at 220 9th Avenue in the SE. We all know the story of

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Two noteworthy things happened recently. First was the announcement that the Liberal government has given the go ahead to two pipeline projects and the other was the latest report from the Calgary Real Estate Board regarding the markets for the month of November. While on the surface these two things may not seem related, in Alberta what happens with energy always has an impact on everything else and that indeed includes the real estate market.

The two pipelines that were approved were the Trans Mountain and the Line 3 proposals. If they  get built, it will mean a million more barrels of oil will travel from Alberta every single day and end up on the global markets. A million barrels. A day. Because the economy declined when gas and oil prices

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University District Calgary 

(Photo Credit U of C)                                               

University City is a collection of buildings that are apartment/condos that were especially created for students. They are small, cheap and furnished with things from IKEA, and they are a great alternative to student housing or staying on campus. You buy one, your child lives in it for the duration of their degree and then either another child can move in or you can sell it for a profit. The buildings have bold colours and they are what they are—student housing.

Not to be confused with University City then is a new development that will soon be getting underway called University District. While it is in close proximity to University City, it is something completely different

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