Category Archives: Blog

Housing Market Seeing More Action

Calgary’s housing market did indeed take a hit during the recession and the recovery has been on the slow side. But this April things seem to have turned around for the city, where residential sales climbed 26 percent over April … Continue reading

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Chamber of Commerce Sees Potential Move in Their Future

There are changes afoot at the Calgary Chamber of Commerce. First, a new logo and website will be unveiled at its open house on April 30th. Then there will be discussion on whether to move out of the vintage building … Continue reading

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Golf Course at Highland Park Up for Sale

Highland Golf Course in Calgary is up for sale. It can be yours for a cool $11.5 million. The most likely purchaser will be a developer, which will no doubt cause mixed feelings for neighbors of this lightly used green … Continue reading

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Wildrose Candidates Make Improper Racial, Lifestyle Comments, Leader Silent

Mayor Stephen Mandel of Edmonton was looking for Danielle Smith, leader of the Wildrose party, to repudiate comments made by some of those in her party while on the campaign trail. The comments had to do with race and homosexuality, … Continue reading

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Real Estate Market Starting to Favor Sellers

Those interested in investing in real estate are about to see a bit more competition. Sales across Canada increased by 2.5 percent this past March, but the number of new properties coming on the market decreased by 0.3 percent. Both … Continue reading

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Banks Get Creative in Offers to Lure Customers

It seems there is a bit of a tiff going on between the Bank of Canada and some of the leading privately owned banks. Jim Flaherty, Finance Minister noted that he is tired of banks wanting the federal government to … Continue reading

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Competition Bureau At Odds With TREB Over Information On MLS

The Canadian Competition Bureau is seeking to make information on home listings and the owners of those listings easily available to the general public. This is intended to promote increased competition between traditional real estate sales and consumer initiated sales. … Continue reading

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Homeowners Accelerating Mortgage Payments to Get Paid Off Sooner

Some Canadians are taking positive steps in paying down their mortgages at a faster pace. Roughly 36 percent of mortgage holders choose to accelerate their mortgage payment schedule, which could take years off the total mortgage. Of those 16 percent … Continue reading

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Canadians Pick Their Dream Homes with Their Hearts

When it comes to buying a home, Canadians lead with their hearts. This point was driven home by a survey released this past Tuesday from Coldwell Banker Real Estate. Findings show that 28 percent of women along with 25 percent … Continue reading

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Two Percent Mortgage Rate Rise Would Hurt Many Canadians

The Bank of Montreal did a survey of Canadian homeowners and discovered that roughly 20 percent would have trouble affording their homes if the mortgage rates went up by two percent. They also found that roughly half could handle the … Continue reading

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