Calgary's trusted source of real estate news, advice and statistics since 1983.
Stories Tagged - buying
News
June 20, 2018 | CREBNow
REALTOR® Q&A
You asked, we answered
The people have spoken! We asked you for your most pressing real estate questions, then threw them to our expert panel of experienced REALTORS®: John Hripko (Royal LePage Benchmark), Laura O'Connell (RE/MAX House of Real Estate), Sam Crick (RE/MAX Realty Professionals) and David P. Brown (The Real Estate Company Ltd.).
The people have spoken! We asked you for your most pressing real estate questions, then threw them to our expert panel of experienced REALTORS®: John Hripko (Royal LePage Benchmark), Laura O'Connell (RE/MAX House of Real Estate), Sam Crick (RE/MAX Realty Professionals) and David P. Brown (The Real Estate Company Ltd.).
News
Sept. 13, 2017 | Tyler Difley
Buying a home: step by step
Buying a home is a momentous occasion in anyone's life. Thankfully, Canada Mortgage and Housing Corp. has some suggestions that can help you navigate the ins and outs of the home-buying process.
News
Sept. 06, 2017 | Mario Toneguzzi
To buy, or not to buy?
That is the question, but there is no easy answer that's right for everyone
It's an age-old question that still gets hotly debated, particularly by young adults who are determining where they are going to live: should I rent or should I buy?
It's not an easy question to answer, and there are no clear right or wrong answers.
"One of the big things to contemplate is your time focus, because when you do buy a home, it is a long-term commitment. It does involve a five-year mortgage that's amortized over 25 years," said Tim Gensey, a market analyst with Canada Mortgage and Housing Corp. (CMHC) in Calgary. "On the other hand, renting allows you to be a lot more flexible. You have to really consider where you are in your life and what your needs are.
It's an age-old question that still gets hotly debated, particularly by young adults who are determining where they are going to live: should I rent or should I buy?
It's not an easy question to answer, and there are no clear right or wrong answers.
"One of the big things to contemplate is your time focus, because when you do buy a home, it is a long-term commitment. It does involve a five-year mortgage that's amortized over 25 years," said Tim Gensey, a market analyst with Canada Mortgage and Housing Corp. (CMHC) in Calgary. "On the other hand, renting allows you to be a lot more flexible. You have to really consider where you are in your life and what your needs are.
News
Oct. 24, 2016 | Cailynn Klingbeil
55 Years of Calgary Real Estate: 2002 CREB® President Joyce Travis
Former CREB® president Joyce Travis remembered moving beyond 9/11, adapting to circumstances
Four months after devastating terrorist attacks on Sept. 11, 2001, left thousands dead in the U.S., the pain was still palatable – even as far as Calgary.
"Everybody was just shell shocked," said Travis, who, amid that atmosphere of uncertainty, took over as president of CREB®.
In Calgary, the attack led to hesitancy that was manifested, at least early on, by a sluggish housing market. Travis said consumers were reluctant to make major decisions, such as buying or selling a house.
Four months after devastating terrorist attacks on Sept. 11, 2001, left thousands dead in the U.S., the pain was still palatable – even as far as Calgary.
"Everybody was just shell shocked," said Travis, who, amid that atmosphere of uncertainty, took over as president of CREB®.
In Calgary, the attack led to hesitancy that was manifested, at least early on, by a sluggish housing market. Travis said consumers were reluctant to make major decisions, such as buying or selling a house.
News
March 24, 2016 | CREBNow
5 things you need to know about curb appeal
What you should consider before listing your home
A smart seller knows that there is work to be done before listing a property. When you're up against a buyer's market, diligence is required in order to gain a competitive advantage. Curb appeal will translate value to potential buyers when they view your property.
Here are five things to consider before taking your property to market:
1. Take a look from the buyer's perspective
Give the house and yard (all things within the scope of property) an honest aesthetic assessment. Within the first few moments of viewing a property, a buyer has formed either a negative or positive biased.
A smart seller knows that there is work to be done before listing a property. When you're up against a buyer's market, diligence is required in order to gain a competitive advantage. Curb appeal will translate value to potential buyers when they view your property.
Here are five things to consider before taking your property to market:
1. Take a look from the buyer's perspective
Give the house and yard (all things within the scope of property) an honest aesthetic assessment. Within the first few moments of viewing a property, a buyer has formed either a negative or positive biased.
News
Oct. 07, 2014 | Nolan Matthias
The benefits of owning versus renting
'Don't pay off someone else's mortgage'
Many of us remember our parents telling us it is better to own a home than rent one at some point in time – "don't pay off someone else's mortgage," they'd say.
They could not have been more correct.
So why are many people still choosing to rent when owning a property can be so financially rewarding?
Many of us remember our parents telling us it is better to own a home than rent one at some point in time – "don't pay off someone else's mortgage," they'd say.
They could not have been more correct.
So why are many people still choosing to rent when owning a property can be so financially rewarding?