Calgary Renters Rebel Against ‘Cult of Home Ownership’
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 — Carla and Garry Knipe moved back to Canada three years ago after living in England. They were attracted to Calgary by its reputation as a thriving city with plenty of work opportunities, and Garry soon found work in IT for an oil and gas company. So far, however, they haven’t done what so many other Canadian families strive for by buying a house.
“We looked at the house prices and wondered how anyone could afford a house on the wages,” Carla Knipe says. “For us, it was simple economics. We looked at how much we’d have to put into a mortgage versus renting and thought renting makes a whole lot of sense right now.”
They pay $1,700 per month for a 1,600-square-foot, three-bedroom home in Rocky Ridge in the city’s northwest. To buy the equivalent home, they figure they would need to spend about $2,500 per month on a mortgage plus property taxes. Instead, they are taking the difference and plowing it into RESPs for their young son and other long-term investments. Want to read more in depth on this article? Just click the link below.
Calgary Renters Rebel Against ‘Cult of Home Ownership’ – 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 Luxury Condo Unit Pre-sells for Record $8.3 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 — Calgary condo sales have reached new heights after a luxury unit fetched a record $8.3 million, before construction has begun.
The 5,260-square-foot condo will cover the entire 12th floor of the 15-storey development called The River, located along the Elbow River, which flows through the southern portion of the city.
Already, more than $30 million in real estate has been spoken for in the project, which includes 38 residences — 27 units in the tower and 11 town houses.
Anne Clarke, director of sales for The River, said eight sales have been completed and three deals are pending.
“These (buyers) are business leaders. They are leaders in not only business, but in our community,” Clarke said.Other sales in The River have included units for $5.7 million and $5.5 million. Want to read more in depth on this article? Just click the link below.
Calgary Luxury Condo Unit Pre-sells for Record $8.3 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. ____________________________________________________
Canadian Home Prices Slide For First Time in a Year
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
OTTAWA — Canadian house prices dropped in November for the first time in nearly a year, according to the monthly Teranet-National Bank house price index released Wednesday.
The 0.2% drop followed two months of flat prices, and was the first decline in the index since a “brief correction during the three months ending November 2010,” said National Bank senior economist Marc Pinsonneault.
The national composite index, which tracks registered prices of homes sold at least twice, shows prices fell in eight of the 11 metropolitan markets tracked — one more than in October.
“Calgary and Victoria stood out with declines of 1.6% and 0.9% respectively,” said Mr. Pinsonneault, noting the declines were much smaller in the other six markets, though declines in Toronto, Hamilton and Winnipeg “are noteworthy in that these three markets are considered tight.” Want to read more in depth on this article? Just click the link below.
Canadian Home Prices Slide For First Time in a Year – 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’s Top 5 Priciest Condos for Sale
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
A condo in The River, a luxury residential development in Calgary, has sold for a record $8.3 million — the most expensive condo sale ever in the city. Take a look at the next five most expensive condos listed for sale on the MLS. Want to read more in depth on this article? Just click the link below.
Calgary’s Top 5 Priciest Condos for Sale – 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. ____________________________________________________
Real Estate Deals for Calgary’s Fire and Police Officers
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
A discount realtor with an office in Calgary is offering quite a deal for emergency personnel buying or selling a home.
The company, 2% Realty, will list and sell homes free of charge to any employee of the fire and police departments, as well as emergency medical and military workers.
The company’s founder tells The Calgary Herald it’s a way to show their appreciation and support.
The offer is also available to first responders and military members in Edmonton and Vancouver. Want to read more in depth on this article? Just click the link below.
Real Estate Deals for Calgary’s Fire and Police Officers – 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. ____________________________________________________
Real Estate May Do An Encore
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 real estate being one of the top performing sectors in 2011 — the S&P/TSX Capped REIT index was up by 15%, or 24 percentage points above the return for the S&P/TSX composite — some have argued real estate won’t generate a repeat performance this year.
But Jeffrey Olin, a former real estate executive turned investment banker turned portfolio manager at Vision Capital Corp. isn’t in that camp. Mr. Olin, who co-oversees the three property funds that are home to about $100-million in assets, believes the fundamentals continue to be attractive.
“The prospect of low-long-term Japanese-style interest rates for the foreseeable future bodes extremely well,” said Mr. Olin, citing a 2.85% 10-year mortgage recently given to one of the country’s largest apartment rental companies. Want to read more in depth on this article? Just click the link below.
Real Estate May Do An Encore – 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. ____________________________________________________
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. ____________________________________________________
