Calgary Real Estate Blog

Rent To Own Calgary Real Estate Advice

Rent to own in the Calgary real estate market can be a precarious situation. Protect yourself and your investment by reading below before partaking into a rent to own situation.

  • Follow my tips on avoiding a rent to own scams in the Calgary housing market.
  • Avoid scams in Calgary real estate pertaining to rent to own by hiring professional help such as a lawyer and appraiser.
  • Houses for sale in Calgary and abroad require a minimum of 5% of the total price as a down payment.
  • Calgary houses for sale in a rent to own situation does not usually benefit a buyer if they are not properly prepared.
  • At the time of this posting (Fall 2014) the Calgary real estate market is very much a seller’s market. In that regard most sellers would not offer a rent to own situation or do so in your favor.
  • Avoid rent to own mistakes like a client of mine. They were over mortgaged about $100,000 more than what their house would sell for in our Calgary...

Fun Things to Do In Calgary: Millarville Christmas Market

Large fun sleigh ride at Millarville Christmas Market!Whether you’re a resident or looking to own piece of Calgary real estate, you may wonder what are some fun things to do in Calgary. As a top rated Calgary real estate agent, I’m on the pulse of what fun there is to be had locally or nearby. Christmas markets are a refreshing change from the regular shopping malls’ holiday shopping craze. One of those markets though not in Calgary, is just under an hour away. That market is the Millarville Christmas Market in Millarville, Alberta, Canada. Like all Canadian towns, the Millarville Christmas Market is a big draw for the locals...

Home Warranty Benefits

Home warranties can prevent you from investing extra money in repairs. With the help of a home warranty, you can take comfort in knowing defective materials and labor will be covered for a period of time. While most people don’t purchase a home expecting to experience problems, the reality is that plans do not always turn out perfectly.

Home Buyer Protection Act

As of 2014 every new home built in Alberta will be protected under warranty. Alberta’s New Home Buyer Protection Act supports even higher quality standards ensuring your new home stands the test of time. Homes covered under the New Home Buyer Protection Act include:

  • Single family homes
  • Duplexes
  • Multi-family homes
  • Condominiums
  • Manufactured...

Calgary Real Estate and Chinese Superstitions

Calgary Real Estate

In order to maximize the sales opportunities for your home in our diverse community, you may wish to consider Chinese superstitions for buying Calgary Real Estate, such as a house. The Chinese are the second largest minority group in Calgary - they make up about 6% of the population here! Chinese culture is prevalent with beliefs and customs; in today’s world of globalization, Calgary continues to gain traffic from this region.

Chinese superstitions range from keeping turtles out of captivity to purchasing a home with the number “8” in the address for good luck. While some Chinese are adamant about obeying customs, others regard them simply as a matter of tradition.

Acknowledging Chinese beliefs doesn’t just spread cultural awareness. It helps Calgary...

Tips for Buying a Condo

Tips for Buying a Condo 

Often condo buyers are not looking at the bigger picture when they fall in love with their condo. When buying a condo it is important to know what you are getting into. Often buyers are not thinking about the potential pit falls and how that may financially hurt them in the future. Here are a few things to consider when you are looking for a condo

Condominium Documents

The documents are more than a set of rules they may include many different documents from financial reports, by-laws, occupancy letters, insurance certificates and meeting minutes to name some of the most popular. This is where you will see any potential issues with the building from construction issues to financial issues that could cause Special Assessments in your future. It is wise to have these documents professional reviewed by a professional that is familiar with the documents...

Calgary Real Estate February 2014 Monthly Housing Stats

Sales growth for the city of Calgary slowed down a bit for the month of February when compared to the previous month, which saw double digit gains. Nonetheless, February still saw an 8.68 percent increase when compared to February 2013. In all, 1,854 units were sold during that time period. Single-family sales still totaled 1,230 units during that period, representing a 1.9 percent increase when compared to the previous year.

Overall all, the demand growth within the single-family sector has been restricted due to a reduction in inventory. This reduction in listings can be traced back to slower sales growth within the sector. Asa result, the new listings within the sector fell in both January and February. This has further tightened the market, which was already undersupplied. 

While the market remains tight within...

Calgary Real Estate January 2014 Monthly Housing Statistics

January 2014 Calgary Real Estate Stats

Calgary Real Estate January 2014 Monthly Housing Statistics

Home sales for the city of Calgary in January 2014 total 1,440 units. This represents a 17 percent increase when compared to January 2013 figures. January 2014 figures were the highest they have been since 2008.

January 2014 numbers demonstrate a continuing trend that began in late 2013 in which sales started growing at a double digit pace.

Apartment and townhouse sales

In terms of condominium apartment and townhouse sales, a total of 466 units were sold in January 2014. This represents a 33 percent increase when compared to January of the previous year.

While the single-family sector also saw an increase with 974 homes sold, these figures represent only an 11 percent increase when compared to the previous year.

...

Calgary Real Estate December 2013 Monthly Housing Statistics

Calgary Real Estate December 2013 Market StatsAfter enjoying an 8 percent year-over-year increase in sales volume in December, the city of Calgary closed out the year with an overall growth of  11 percent in sales volume. These figures, which pushed far above the long-term trends, exceeded the expectations for 2013. 

Calgary's growth in sales can be attributed to many factors. These include the fact that the city has enjoyed two consecutive years of increased levels of net migration. The city has also continued to experience an improved job outlook while buyers are feeling more confidence in the long-term stability of the economy.

During the month of December, city residential sales reached 1,172 units. This brought the grand total for 2013 to 23,489. Furthermore, prices for 2013 increased by 8.6 percent when...

Calgary Real Estate November 2013 Monthly Housing Statistics

Residential sales in Calgary increased by 19 percent in November when compared to the previous year, reaching a total of 1,730 for the month. With another strong month of activity in the record books, this brings the city’s year-to-date sales to a total of 22,322. These figures are 11 percent higher than the long-term trends. 

Several factors appear to be motivating people to buy within the Calgary housing market. One major factor appears to be the fact that many first-time homebuyers are trying to purchase property before prices increase further. They are also trying to purchase property in anticipation of future increases in rent prices. Some are also attempting to purchase a home before the lending rates increase.

Current homeowners are also purchasing homes in an effort to take advantage of the recent price increases. They hope to sell at a decent...

SW Calgary Private Schools

Calgary SW Private Schools

One of the reasons why Calgary is one of the fastest growing cities in Canada is due to the economic opportunity that is presently driving the city in an extremely positive direction financially, which in turn improves amenities in the city, as well as institutions such as private schools. Home to some of the most prestigious and reputable private schools in the city, the area of SW Calgary has a variety of options for parents looking to enrol their children in a rewarding educational environment that they can feel proud to be a part of. Are you looking for Southwest Calgary private schools? If so, check out these reputable options for your son or daughter.

Calgary Academy (1677 - 93 St. SW) – A Strong History of Scholastic Achievement

Founded in 1981 by a group of parents and...

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