How the Calgary Construction Industry is Improving Its Understanding of Wind
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
Ron Chapman saw the big wind roaring towards Calgary an hour before it arrived and was able to warn city hall to prepare.
That’s one reason there were no serious injuries when recent 120 kilometres per hour wind gusts sent windows and other debris flying off downtown office towers.
Chapman, of world renowned wind experts RWDI, wishes he could have done the same thing for his hometown of Goderich, which was clobbered last August by 300 km/h winds that killed one man, injured 37 other residents and caused millions in property damage.
“Most of the homes on my old paper route were seriously damaged by that tornado,” said Chapman. Want to read more in depth on this article? Just click the link below.
How the Calgary Construction Industry is Improving Its Understanding of Wind – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Calgary Housing Market a $9 Billion Industry
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
The residential real estate market generates a staggering amount of money on an annual basis into the Calgary economy.
How much?
Over $9 billion in 2011 just from the sale of MLS properties, according to the Canadian Real Estate Association.
The total dollar volume of all Calgary sales last year was $9.05 billion, up 8.1 per cent from the previous year.
Calgary’s total was third in the country behind Toronto at $42.8 billion, an increase of 12.2 per cent from 2010, and Vancouver at $25.7 billion, up 22 per cent from the previous year. Want to read more in depth on this article? Just click the link below.
Calgary Housing Market a $9 Billion Industry – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Repeat Home Sales Index Shows Calgary Price Decrease of 1.6% in November
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
CALGARY — A house price index, which monitors repeat sales, says Calgary prices dipped by 1.6 per cent in November from the previous month.
The Teranet-National Bank House Price Index, released on Wednesday, also showed that Calgary’s monthly price decline was the biggest drop in the country of the 11 metropolitan markets surveyed.
But on a year-over-year basis, Calgary prices increased by 0.5 per cent.
The index is estimated by tracking observed or registered home prices over time using data collected from public land registries. All dwellings that have been sold at least twice are considered in the calculation.
Nationally, prices dipped by 0.2 per cent on a monthly basis but were up 7.1 per cent on an annual basis. Want to read more in depth on this article? Just click the link below.
Repeat Home Sales Index Shows Calgary Price Decrease of 1.6% in November – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Condos Set for East Village Skyline
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
Two new condo towers are set to break ground in a downtown district once known as a haven for crime and drug use, say officials.
Michael Brown, president and CEO of Calgary Municipal Land Corporation (CMLC), told reporters Tuesday he’s optimistic developers of the buildings in the heart of East Village will reach their sales targetsand will be able to begin construction this summer.
“This is the year when we grow up,” said Brown.
“This is the year we focus on getting people engaged in the East Village.”
Fuse, a 19-storey, 203-unit tower is being developed by Embassy Bosa while a separate building called First, an 18-storey, 191-unit structure, is being built by Fram+Slokker. Want to read more in depth on this article? Just click the link below.
Condos Set for East Village Skyline - Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Pondering Merits of Low-Rate Mortgage Financing
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
With today’s unprecedented low interest rates, homeowners may be wondering if it’s a good time to refinance or lock in their variable-rate mortgages.
The Bank of Montreal last week introduced a 2.99-per-cent five-year mortgage — believed to be the lowest five-year fixed mortgage rate ever.
Although BMO’s low-rate mortgage has some restrictions — including a maximum 25-year amortization and limited prepayment options — it could potentially save a lot of money for homeowners who qualify.
After BMO announced the new mortgage, some other banks followed suit, announcing similar low-rate products, but none we found that match the five-year term. TD and RBC announced 2.99-per-cent mortgages for four-year terms. Want to read more in depth on this article? Just click the link below.
Pondering Merits of Low-Rate Mortgage Financing – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Calgary Board of Education Sells Former School Property For $3.2 million
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
CALGARY — Carlisle Developments plans to redevelop the former Albert Park School property in southeast Calgary for medium-density, residential housing.
The company recently purchased the property for $3.2 million from the Calgary Board of Education.
In a news release, the school board said the Albert Park School, at 1317 27th St. S.E., and the former David D. Oughton School were closed as part of a P3 initiative in 2005. The initiative was supported by both school communities, said CBE. It resulted in construction of a new school in the community, Radisson Park School. Disposition of the Albert Park School property was planned as part of this project. The David D. Oughton School property was previously sold to the City of Calgary. Want to read more in depth on this article? Just click the link below.
Calgary Board of Education Sells Former School Property For $3.2 million – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Building Permit Value Rises In Rocky View County
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Calgary Real Estate News
CALGARY — Rocky View County saw an increase in building permit construction value in 2011.
The County said value jumped from $237 million in 2010 to $274.7 million last year.
“We were very pleased with the amount of construction we experienced in 2011,” said Brock Beach, building services manager for the County, in a news release. “Our industrial and commercial construction activity exceeded our expectations, boosting our numbers, as Rocky View County continues to attract this type of industry.”
Commercial, institutional and industrial construction values totalled $133 million up from $49 million the previous year.
“Businesses continue to choose Rocky View as a place to open or expand their operations,” said David Kalinchuk, manager of economic development at the County. Want to read more in depth on this article? Just click the link below.
Building Permit Value Rises In Rocky View County – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Discount Realtor Offering Break For Emergency Services Workers
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Calgary Real Estate News
CALGARY – A discount realtor with offices in Calgary, Edmonton and Vancouver is offering to list and sell homes free of charge for emergency personnel in the three cities.
Roy Almog, of 2% Realty Inc., said his offices will offer full MLS and realtor services, free of charge, to any employee of the police, fire and emergency medical services departments, as well as military wanting to sell their properties.
“I strongly believe in the ‘give where you live’ mantra,” Almog said.
“First responders – fire, police, EMS – and military personnel put their lives on the line every day to keep our country, city, and communities safe. These careers often include one or more relocations. Therefore, we feel this is a great way to show our appreciation and support.” Want to read more in depth on this article? Just click the link below.
Discount Realtor Offering Break For Emergency Services Workers - Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Study Finds Calgary Homes Expensive
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
CALGARY — Calgary’s housing market was rated as “moderately unaffordable” by an international survey released Monday that also shows Vancouver as the second least affordable in the world.
The Eighth Annual Demographia International Housing Affordability Survey, which covers 325 global metropolitan markets, ranks affordability around the world.
Its method divides the median house price by gross (before tax) annual median household income to rate housing affordability. The survey is as of the third quarter of 2011.
Calgary’s median multiple was 3.9, ranking it 206 out of the 325 markets covering Australia, Canada, Hong Kong, Ireland, New Zealand, the United Kingdom and the United States. Want to read more in depth on this article? Just click the link below.
Study Finds Calgary Homes Expensive – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Alberta to Buck National Trend for New Home Construction
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
CALGARY — Alberta is expected to buck the national trend for new home construction in the next two years, according to a report by TD Economics.
After seeing a forecasted 6.3 per cent annual decline in 2011 to 25,200 housing starts, the report is predicting new home construction will increase in the province by 2.5 per cent in 2012 to 25,800 units and by another 1.6 per cent in 2013 to 26,200 units.
At the national level, housing starts are expected to decline by 5.6 per cent in 2012 to 181,300 and by 5.3 per cent in 2013 to 171,700.
Tim Logel, president and partner of Cardel Lifestyles in Calgary, said there was a pent-up demand of buyers in the local market at the end of the year and more buyers are now coming forward.
A healthy economy, low interest rates, strong employment growth and increased in-migration are fundamentals pointing to an improved housing market. Want to read more in depth on this article? Just click the link below.
Alberta to Buck National Trend for New Home Construction – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
