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Inventory Climbs in Calgary's Housing Market

From the Calgary Real Estate Board monthly statistics media release March 2, 2015: February sales activity remains low. Year-over-year new listings growth eased from 37 per cent last month to nine per cent in February. However, as sales activity remained below long term averages for the month, Calgary inventory levels rose to 5,474 units in February.  “While housing supply levels continue to be ...

​Avoiding Moisture Problems in the Home

There are many hidden sources of moisture in your home that can lead to serious problems, such as mould. To keep moisture levels in check, consider these tips:  • Bathrooms are an obvious source of moisture build-up. Contractor and TV personality Mike Holmes recommends keeping the fan going for at least a half hour after a shower. • Check regularly for water infiltration around window and door ...

How Much of a New Home Can You Afford?

If you’re thinking of shopping for a new home, one of the first considerations is price range. You want to know what you can reasonably afford.  How do you figure that out?  First of all, you need to determine the initial out-of-pocket costs you will need to cover. There are often more costs associated with purchasing a home than its actual price. You need to take into account such additional ...

Just Listed A great Home in MEADOWLARK PARK

Well maintained bungalow in Meadowlark Park. Beautifully landscaped South facing backyard with greenhouse backing onto a large green space and the Glenmore bike path. Recent upgrades include windows, doors, shingles, soffits & eaves troughs, and insulation. Featuring 3 bedrooms on the main floor, a 3 pc bathroom, and akitchen with breakfast area. There is a second bathroom in the basement, as ...

​Types of lighting for the home

You probably don't think buying a lighting fixture for a room is all that complicated. It isn't.  However, it does require you to consider which types of lighting you may need.  According to the Lighting Association, there are three types:  1. General lighting. By far the most common, this is the type of lighting that is designed to create a functional brightness that spreads throughout ...

​Deciding on the discretionary move

Sometimes we don't have much choice about selling our home and buying another. Circumstances, such as a job relocation, may have made that choice for us.  However, most often the decision to move is discretionary. Sometimes people move simply because they think it's a good idea. They feel that "now" is the right time to find their next dream home.  So how do you make that kind of decision? ...

Bank of Canada rate reduced

Wondering about the recent reduction in the overnight rate?   Check out this great article! http://ow.ly/HM07I‪#‎YYC‪#‎Realestate

CREB® Forecasts Price Stability Amid Easing Demand

Housing sales are forecasted to ease by four per cent this year, due to market uncertainty and changes in economic climate, while prices are expected to remain relatively stable with a modest increase of 1.58 per cent on an annual basis, CREB® said today in its annual forecast.Although sales levels are expected to ease, previously tight conditions throughout 2014 indicate that rising supply would push ...

Yearly records set as monthly sales see slight decline - by The Calgary Real Estate Board statistics department

Condominium and townhouse sales set a new record for 2014 Calgary, January 2, 2015 – It was a record setting year for Calgary’s condominium apartment and townhouse sectors, as sales reached new annual highs despite year-over-yearresidential sales declines of 7.5 per cent in December. Single family sales totaled 708 units in December, a year over-year decline of 8.3 per cent. Meanwhile, ...

Helpful Tips for Your Buyers When in a Seller's Market

I'm often asked, 'How do we stand a chance at having our offer considered if it's a sellers market?' Here are a few helpful hints! First of all, you must be 100% ready to buy! There is absolutely no point in lining up in the first few days to see a house if you cannot write a competitive offer. A competitive offer is NOT conditional on your house selling. If you need to sell your house in order to ...