Calgary Real Estate Blog

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...

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...

Calgary Real Estate January 2014 Monthly Housing Statistics

January 2014 Calgary Real Estate StatsWith sales for the city of Calgary totaling 1,440 units, which represents a 17 percent increase when compared to 2013 figures, sales in January 2014 were the highest they have been since 2008 . These figures represent a continuing trend that started in the later portion of 2013 in which sales continue to grow at a double digit pace. 

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 a 11 percent increase when compared to the previous year. 

According to Calgary real estate experts, those consumers who were looking for a...

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...

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...

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...

Calgary Homes for Sale - Your Guide to Winning a Bidding War


signing-the-winning-bidding-contract-for-your-calgary-home

It's never easy to win a bidding war on a house. You have to contend with anticipating the moves of the other bidders, being proactive and playing the game just right. Calgary homes for sale are in hot demand, which only aggravates any bidding war. The Calgary real estate market is competitive, so you have to get out in front of your competitors in any bidding war. Too many times, people get discouraged and throw in the proverbial towel, but this leaves them without their dream home! Here is how you can win a bidding war on a house in Calgary.

Only Make Your Best Offer

Never mind with lowball offers--that's a sure way to lose out in your bidding...

Calgary Real Estate October 2013 Monthly Housing Statistics

October 2013 Calgary Real Estate StatsA number of positive signs continue to develop within the Calgary housing market. Nonetheless, the most recent CREB report shows that Calgary has still not reached 2006 levels.

Anecdotal reports indicate that some prroperties are selling more quickly and that some are even selling at higher than the listing price. A year-to-date data analysis, howeever, shows that city wide sales are still far below what they were throughout 2005 through 2007. 

In all, residential sales activity reached 1,953 units in October. This represents an 19 percent increase when compared to 2012. These numbers also represent a year-to-date volume increase fo more than 10 percent. Year-to-date data also shows that the average residential home spent 37 days on the...

Best Southwest Calgary Restaurants : According to Yelp

southwest_calgary_diners

Are you looking for a night out in SW Calgary and wondering where to go for dinner? It may be difficult considering there are so many great SW Calgary restaurants to choose from. Sometimes, it's helpful to know what others have experienced in order to make your decision. Here are three of the best restaurants in Southwest Calgary according to Yelp users:

Savour the Mouth-watering Flavours of the Himalayan

Known around town as one of the best ethnic food restaurants in Calgary, the Himalayan offers authentic, delicious and nuanced Himalayan and Nepalese dishes for a very reasonable price. In fact, Yelp reviewers regularly say that they would gladly pay double for the quality of food that the restaurant offers. With exceptional flavours combining a complex and nuanced mix of spices, you won't be able...

Calgary Real Estate September 2013 Monthly Housing Statistics

September 2013 Market Stats

Residential sales in the City of Calgary reached 1,923 units during the month of September. This represents a 19 percent increase when compared to last year. The figures are also significantly higher than the average for the month of September, with the numbers being 14 percent higher than the September average.

Overall, sales in the City of Calgary have been higher than the long-term trends. It should be noted, however, that September saw less of an increase than July and August. According to Ann-Marie Lurie, who is the chief economist of CREB, this is likely due to the floods that helped to boost sales throughout July and August. Lurie believes the additional demand resulting from the floods started to ease up in September. Nonetheless, sales continue to remain elevated due to the short supply...

RE/MAX Realty Professionals
Crystal Tost403-264-SOLD (7653)
What Past Clients Have Said

  In the short time I've known Crystal, she is an incredible professional. Between building her online marketing program and helping customers buy and sell their homes, I don't know how she does it all. Keep up the great work Crystal! You are awesome  

— Mitch Ribak - Referral Partner
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