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Calgary Real Estate Blog

Calgary Real Estate Market Stats December 2011

2011 was a year of recovery for the Calgary real estate market. We saw home and condo prices balance out as the economy continues to improve.  Sales in December overall were up and the positive recovery of the Calgary market is expected to continue into 2012. Low interest rates continue to assist in making Calgary's real estate market affordable. Although the Calgary Real Estate Board does not widely track demographics for buyers it is though that more than half of homes currently being sold are sold to first time home buyers that are getting into the market with the mixture of low interest rates and decent pricing opportunities.

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Calgary Real Estate Market Stats November 2011

Calgary Real Estate November 2011 Monthly Housing Statistics

Oasis Spa Calgary

If you are looking for something special this year for Christmas you cannot go wrong with a gift certificate purchase from Oasis Spa in Calgary. Oasis Spa has a wonderful reputation in Calgary and it is sure to be a well received gift. The best of all is that Oasis is giving away a trip to Las Vegas with the purchase of selected Holiday Spa Gift Packages, see below for details. You can give the gift of relaxation this year and keep a gift for yourself too. There is no better way to start the New Year off than to start it with a spa treatment and a trip away from the Calgary snow!

Oasis Spa Calgary Holiday Give Away

** CalgaryListings.com is not affiliated with Oasis Spa, details of the promotion should be confirmed with Oasis...

Home Inspection

When the market was busting and the Calgary real estate prices were rising quickly in a sellers market a home inspection schedule was added to the offer to purchase in hopes to better secure a buyer into the transaction. A little one-sided the home inspection schedule was in the best interest of the sellers than in the interest of the buyers and really did not allow the buyer to do their proper due-diligence when having a home inspection condition. The home inspection schedule gave the parties of the contract 3 options to agree on as part of the home inspection.

1. The buyer would have to be satisfied with the home inspection 2. Home inspection defects revealed could not exceed 1% of purchase price 3. Home inspection defeats revealed could not exceed a pre-determined amount agreed to by both the buyer and seller.

The defects of the home of course would not include any items deemed cosmetic and be limited...