21Apr/12Off
Britannia Home Sells For $6M: One Million Over Asking
This home in Britannia sold yesterday for $6,000,000 making it the third most expensive single family home to sell on MLS® in Calgary and a further testament to the burgeoning luxury market. It was on the market for only 2 … Continue reading
20Apr/12Off
282% Return On Calgary Condo Investment?
I’m looking forward to this project, but the figures seem pretty questionable to me. Can you spot all the far-fetched estimates? (click to view PDF)
19Apr/12Off
Are Calgary Condo Buyers Budget Conscious?
The 2012 TD Canada Trust Condo Poll surveyed Canadians who recently bought or intend to buy a condo. Surprisingly, when it came to the amount of those who had a buffer built into their current budget for unexpected fee increases, … Continue reading
19Apr/12Off
Calgary & Region Economic Outlook 2012-2017
The City of Calgary has released the spring edition of their semiannual forecast of selected economic indicators for Calgary and region for the period 2012-2017. Below are some real estate highlights, but be sure to read over the entire 32 page report … Continue reading
18Apr/12Off
Dear Public, I’m Sorry
- Dear Public, I feel it necessary to apologize for some of the REALTOR® commercials and what they imply. I know you’re not stupid or a bumbling idiot. I understand that real estate isn’t rocket science and that some people … Continue reading
18Apr/12Off
Home-Equity Extraction Up, Savings Down
In the April 2012 Monetary Policy Report released today, the Bank of Canada has found that “the extraction of housing equity through borrowing has increased substantially over the past decade” while savings rates are at historic lows. In Q4 2011, the … Continue reading
17Apr/12Off
2012 Calgary New Home Builder Rankings
J.D. Power has released the results of 2012′s Alberta Single-Family New Home Builder Customer Satisfaction Study(SM) and three builders have been recognized as J.D. Power Builders of Excellence for providing outstanding service and high customer satisfaction. Congratulations to: Cedarglen Homes, Mattamy … Continue reading
16Apr/12Off
Calgary Luxury Sales Climbing to Boom-time Highs
In the first half of April there were 21 single family homes in Calgary that sold for a million dollars or more. Year-to-date that total is 130 – just short of 2007′s tally. So far this month luxury sales were … Continue reading
15Apr/12Off
SAM 2011 Award Winners
The SAM Awards, now in its 25th year, celebrate innovation and excellence in the Calgary and area’s residential construction industry. The award ceremony was held last night at the Telus Convention Centre. Some of the top awards – the Grand … Continue reading
13Apr/12Off
The River Condo Sets Calgary MLS® Record
A unit listed yesterday at THE RIVER boasts the highest asking price ever for a Calgary condominium on MLS®. Listed at $7,990,000, it surpasses the previous highest list price of $6,250,000 which was a Princeton Grande unit in Eau Claire. … Continue reading