http://thecalgaryrealestateblog.com Ivesting Tips / Ideas, Real Estate News, Hot Listings... This is Real Estate! Thu, 04 Dec 2008 02:01:42 +0000 http://backend.userland.com/rss092 en There is a great article in the Financial Post that was talking how quick turnover, flipping, isn't as easy as it appears. Did you know that between 2002 and 2007, Canadian home prices soared 78% from $177,100 to $315,800.  If you are planning on flipping in this market, YOU WILL LOOK ... http://thecalgaryrealestateblog.com/2008/12/the-flippers-are-now-flopping/ Over the last week, the number of listings on the market has dramatically fallen off.  We believe this to be a combination of a couple things. 1)    Listings that were set to expire at the end of November did so, and have not been relisted yet 2)    Listings have been taken off ... http://thecalgaryrealestateblog.com/2008/12/wmu-week-48/ CMHC came out with their 2008 Canadian Observer today...  In going through it, there were many interesting and informative graphs that I wanted to highlight and pass on to you. Looking forward to hearing any comments or future predictions on the real estate market in Calgary or even in Canada... http://thecalgaryrealestateblog.com/2008/11/cmhc-2008-canadian-observer/ I wanted to give you a heads up that we will be looking at a new change in the coming weeks here at The Calgary Real Estate Blog.com  Below is just a sneak peak of what you will see coming your way... Much... Much... More to come... http://thecalgaryrealestateblog.com/2008/11/new-look-coming-to-the-calgary-real-estate-blog/ We will be starting a new weekly post that will give you an update on what has happened in the Calgary market over the last week... Please leave any comments you have about the Calgary market, and thanks for reading. WEEK 47 We have noticed over the last week that this market has ... http://thecalgaryrealestateblog.com/2008/11/weekly-market-update-week-47/ So it appears that the Alberta Government is going to relax the royalties and taxes on the oil industry...  This is a good thing, and hopefully will help the economy and the industry be more competitive in this market place... Premier Ed Stelmach announced a new five-year plan that lets producers ... http://thecalgaryrealestateblog.com/2008/11/backtracking-on-the-royalties/ Calgary has been through quite the ride over the last couple weeks.  I'm sure that most of Canada has felt something with the financial crisis that we have all seen and gone through. As I write this, we are in a better place than we were at the end of October.  ... http://thecalgaryrealestateblog.com/2008/11/october-2008-market-review/ Here is a great clip that explains what happened in the Mortgage melt down in the US.  Remember, this isn't like the Canadian banking systems.  Right now in Alberta there are only apx. 1200-1300 mortgages out of 500,000 + that were just starting the foreclosure process, and not even there ... http://thecalgaryrealestateblog.com/2008/11/the-truth-behind-the-us-mortgage-crash/ We took a little time off from the blog... but it wasn't by our choice... I wish we were somewhere sunny, but rather, in updating the blog, I was locked out and had to get a professional developer to unlock it for me... Anywho... We're Back! Thank you for your posts ... http://thecalgaryrealestateblog.com/2008/11/were-back/ New homeowners have different options as of October 15 and the new rules put in place by the federal government. Under the new rules homeowners need 5% as a down payment. This can come in the form of their personal savings or a gift from a family member. The maximum ... http://thecalgaryrealestateblog.com/2008/10/future-of-canadian-interest-rates-and-bond-rates/