We think it’s going to be a fairly decent year for real estate in Calgary.
This morning was the annual Calgary Real Estate Board’s Forecast Breakfast and whether the market is up, down or sideways we always come away with renewed vigor and optimism about how the year is going to go. And today’s event was no excpetion.
CREB always likes to be cautiously optimistic and has announced that 2018 will offer its share of challenges. The road to economic recovery continues to be bumpy – nothing is happening overnight – but there’s every indication that we can safely adopt an optimistic attitude.
The Short Term
Over coffee and dainties this...
As the make-up of today’s families change so does the way families live in our city and the type of real estate purchased in Calgary. Hence the rise of homes with duo or double master bedrooms. Lifestyle often dictates architectural style and that’s what we’re beginning to see in Calgary homes.
Why They’re Referred to as Master Bedrooms
Looking back through history, the largest and grandest chamber or bedroom in a home, was used by the owner or master of the estate. The French term was “chambre des maitres”. The term when applied to new home construction really came into its own in the 1920s, when houses in urban neighbourhoods began to feature one bedroom that was larger than the others in the...
It’s a fresh New Year, full of promise and optimism especially when it comes to Calgary Real Estate. What will happen with house prices? Will condo prices ever pick up after a 10-year slump? And, now that I’ve waited for the recession to end, should I sell this year?
As I write this, we’ve all just learned that Amazon has chosen not to relocate a facility for its HQ2 in Calgary. We didn’t even make the short list of 20 different cities (like Toronto did). I read a few predictions about 2018 from various Calgarians at the end of December that declared that Amazon and the reported 50,000 new jobs that would come with it would boost our real estate market. So, nothing to do now but...