Experts have revealed that the Calgary housing market 2021 is likely to continue as a balanced market throughout the year, however we are presently in a dynamic sellers market, something Calgary hasn't witnessed for quite some time. The pressures of the pandemic are keeping inventory at persistently low levels, while low interest rates and those looking to move up out of smaller living situations are driving demand.
Some of the factors that will impact the housing market are economic issues that have struck the gas and oil sectors. Besides, the global pandemic has caused lockdowns and increased unemployment among other issues. For example this has led to the abolition of open houses.
In 2020, the Calgary housing market experienced a small rise in…
Where you opt to live in Calgary depends on your preferences and specific needs. In this article, you will get an outline of the best neighbourhoods for anyone who is new in this city. Calgary is indeed one of the most dynamic cities in the entire world that offers plenty of options from first time home buyer single family homes to luxury penthouse condominiums in the downtown core, to gorgeous acreage properties that hug the perimeter of the city. However, the bulk of homes in Calgary are single detached rather than high-rise multi-storey buildings and as a result there is quite a bit of urban sprawl seen throughout meaning the diversity between communities and their amenities and offerings is quite dynamic.
The word "Expensive" by definition is something (costing a lot of money) That term is truly relative for each individual home buyer, someone with a net worth of $20,000,000 may not consider a home priced $3,000,000 as expensive, while a first time home buyer just emerging into the workforce and real estate industry may view homes priced over $750,000 as too expensive. Nonetheless, we've put together a dynamic list of the most expensive (AKA highest priced) homes for sale in Calgary and surrounding areas including Chestermere, Okotoks, Cochrane and Airdrie.
2020 Real Estate Highest Selling Listing Statistics.
Calgarys highest priced home sale in 2020 was a property for over $4,000,000
Airdries highest priced sale for a detached home in 2020…
Once we put your home on the market and set our sellers marketing system into action, you’re going to start receiving showing requests on your home. You probably know the drill, you likely did the same thing when you purchased the house. REALTORS® and our team, with active home buyers will connect with your agent to book a showing of your house with their clients, and that could end up keeping you on your toes. Many of our sellers still have to juggle the everyday tasks of life and showings to view your house can be unpredictable. If you have children or pets, it is likely to become a harder job to maintain your home in pristine show ready condition, than you may have anticipated.
When you’re asking your friends, family and colleagues about their recent home purchase and their mortgage experience, often the conversation starts and ends with “what’s your mortgage rate?’
Here is the truth, when you’re shopping for a mortgage, the rate is a super important piece of the conversation, but it shouldn’t be the only piece of the conversation. We sat down the Renee Huse at Spire Mortgage one of our key impact partners and got the low down on the important questions you should ask your mortgage broker if you’re planning to get a mortgage.
7 things to ask your Mortgage Broker if you’re getting a mortgage in Calgary
1. What is the down payment requirement for this mortgage rate?
Buying a home is certainly a dream come true for many Calgarian's. But for many young first time home buyers it's often their first run at tackling the maintenance that comes with home ownership. In Canada, as of 2019, about 50% of the surveyed homeowners spent up to $2000 dollars on house maintenance, and roughly 5% spent over $20,000 dollars on renovations and fixes.
While many readers may not be jumping into major renovation projects, or always going the DIY route, there are still tons of scenarios and situations where being a little handy can go a long way in saving you time and money.
Cozy winter nights, sweet Christmas treats, and the aroma of a beautiful wood burning fire place describe some of our favorite moments in the winter season. While there are many Calgary home owners who prefer gas fireplaces (for convenience) to natural wood burning, it’s still hard to match the rustic and natural feel of a wood burning fireplace.
There are many choices for firewood for homes, such as hardwoods or softwoods, fruits or nuts, and heat energy limit, high smoke or less smokey, and even the color of fire. Different firewood will bring out specific aroma, heat, smoke, and will have shorter or longer burning times.
If you live in Canada, it’s difficult not to have your fireplace running throughout the winter season, we’ve got a…
Oftentimes, as we move through the mortgage pre approval process with our clients, they end up confused about their credit score. They check the score themselves using one of their banking apps or Credit Karma and the score reads 780, but when we pull their beacon score, they are so frustrated that often their score is lower.
Here are the straight goods: Every credit information provider has a different algorithm for calculating credit scores. They all scrape information from the internet in different ways and they all come up with a different number in the end. It’s also super important to remember that credit scores fluctuate monthly. My personal credit score can land between 750 and 850 depending on the month. If I’ve had…
One of Calgary's most popular destinations, Kensington features a large collection of trendy businesses including boutique shops, incredible restaurants, pubs with outdoor patios, some great coffee spots, very similar to Inglewood with it's own style and flavour.
~ Image Description: Much like every other trendy and emerging neighbourhood in North America, Kensington features some incredible street art. ~
Our neighbourhood guide is built to give you an idea of this revitalization zone, which primarily runs along 10th Street Northwest and throughout Kensington Road.
Origin: May 1976 Roman Catholic Diocese of Calgary Association for Senior Citizens was established and registered as a non-profit entity in Alberta. While in 2015, the non profit Updated their name and logo to "Bishop O’Byrne Housing Association" Now, newly renamed in the summer of 2020, "Forward Housing"
This non profit organization grew, and was founded upon the incredibly hard working and dedicated, Roman Catholic community in Calgary that was setup to support the low income senior population around 40 years ago. In 2013, Forward Housing opened a new residence in Bridgeland called Columbus Place, and since then their spectrum of affordable housing solutions has truly grown with a highly anticipated…