Blog
When are home prices going to fall?
Since the Oil and Gas sector has been in a tailspin, Calgary home buyers have been thinking it is only a matter of time before housing prices take a big dip. Buyers have been waiting patiently for this looming correction, some people have told me it is only “a matter of time”, “houses are priced... Read More
Review of 2016 and December market stats
The month of December turned out to be a pretty decent month for total sales in the City of Calgary, which were 933, a 6.14% increase over December 2015, however it was still 10% below the typical December over the past 10 years, which means the Calgary market still has lots of room to improve.... Read More
What is Radon and should you care?
Radon is a naturally occurring radioactive gas produced by the breaking down of uranium in soil, rocks and water. It is believed to be in all homes in Canada BUT at varying levels. Alberta and Calgary are classified as a Zone 1 which means the Hazard level for Radon is High and hence it is... Read More
November Market Report
Rush of Buyers The new high ratio lending rules requiring hopeful mortgagees to qualify at 4.64% instead of the lending rate; caused a rush of sales in October that spilled in November. First time buyers pushing to find their before their purchasing power eroded up to 30% fueled a flurry of sales in the sub... Read More
October Newsletter
How do the new mortgage rules affect you? Last week the Federal Government introduced new mortgage rules that will take effect Oct 17, 2016. These new rules only apply to buyers who have less then 20% down payment and thus have to apply for mortgage insurance. According to the previous rules, lenders would qualify buyers... Read More
Calgary Villa List
South West Calgary Cedarbrae-Cedar View Mews, Marywood Lane, Cedargate Village and Oakfield Park Villas. Christie Park Estates- Christie Views Coach Hill- Coulee Ridge and Horizon Coach Hill Discovery Ridge- Discovery Wood Villas Evergreen- Everstone Place Lincoln Park= Horizon Lincoln Park Millrise- Millside Villas Palliser- Briar Oak and Park Estates, Oak Briar Estates Prominence Patterson- The... Read More
Implications of Aluminum Wiring in Residential Homes
Spurred by the growth of consumer products and housing markets in the 1950’s and 60’s the cost of copper skyrocketed. This promoted the widespread use of Aluminum in residential homes worldwide. Speaking of the Calgary market many popular communities such as Pump Hill, Bayview, Lake Bonavista, Varsity, Silver Springs and Palliser where primarily built using... Read More
Thorncliffe Community Profile
Thorncliffe is a community that is close to my heart as I was born and raised on the 400 block of Trafford Drive NW. Thorncliffe is near the top of my list as a value pick for young families. Detached homes start in the low $400000’s and top out near $600000 for fully renovated bungalows... Read More
Mount Pleasant Community Profile
When I think of Mount Pleasant as a community, I see it as a Calgarian time capsule. There are traces of each and every boom and bust, defined sub communities that where developed to meet the needs of that decades buyers. North of 16th avenue you will find many 90-105 year old homes that are... Read More
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