Foreclosed properties can be a bargain for savvy investors that do their homework

CREB® president David P. Brown offers a phrase of caution for those interested in purchasing a foreclosed property: "It's not for everybody. You get a home as is, where is."

One of the primary risks Brown identifies when it comes to purchasing a foreclosed property is that a buyer doesn't receive the same guarantees (e.g., that all the appliances are in working order) as with a regular sale.

Coat drive fulfills local REALTOR®'s passion for community involvement

For Calgary REALTOR® Mathew Morley, the desire to help provide the necessities of life goes beyond his day job helping people buy and sell houses.

Taking the holiday spirit to heart, Morley is the founder and organizer of Coats for Calgary. Now in its seventh year, the annual drive collects jackets for Calgarians in need of warmth during the winter months.

REALTORS® are refining their roles and elevating their business through education

How do we keep REALTORS® in the know and current? CREB®'s mandatory training program was developed in 2014 to help achieve the strategic goal of enhancing professional conduct in local real estate. The program aims to raise the proficiency, competency and courtesy levels of Realtors, thereby elevating professionalism in the local industry.

Valuable land in the city centre provides several avenues for profit generation

Sharon van de Burgt and her family will move into their new, two-storey, 1,800-plus-square-foot, inner-city duplex before Christmas.

They will have new next-door neighbours in 2018 – and earnings to help pay for their home – with the sale of the other 2,000-square-foot unit, now listed at $865,000.

The arrow is pointing upwards for Calgary housing market as recovery continues

It's been a tough couple of years for Calgary's housing market, as it slowly recovers from the collapse of oil prices that started in 2014.

That pain created some deep wounds for the city's economy, which shed thousands of jobs and plunged into a recession for both 2015 and 2016. The light at the end of the tunnel began to materialize this year, and the recovery is expected to fully take hold in 2018.

That's good news for the real estate market, as job growth will fuel demand going forward.

Gathering in the beauty of the season

Weather changes in Calgary quicker than a fashion model on a runway. Clear and sunny becomes snow, and then rain and wind follow – sometimes all in one day.

But don't fret: Calgary holds the record as the sunniest city in Canada. This means we still have sunny days ahead this month. Take advantage of the light and boost your natural vitamin D levels while finishing up some last-minute garden jobs. Gardening builds health and happiness while you create a great yard and enhance neighbourhood beauty. While you are out in the garden, don't forget to:

Fun facts and top attractions in Okotoks and surrounding areas

Chestermere is poised for western expansion

When you're one of the fastest growing communities in Canada, there's only one thing to do as an encore: grow some more.

Located just east of Calgary, Chestermere's rapid development placed the city fourth in Canada for growth over the past five years. Now, a comprehensive expansion plan is coming to fruition. The Waterbridge Master Area Structure Plan provided a long-range planning context for more than 2,400 acres along Chestermere's western border, and the city's population of 20,000 will expand as well – in fact, it is set to double.

Okotoks is the land of opportunity for developers and prospective residents alike

"An easy sell." That's how Okotoks' economic development specialist Alexandra Ross describes the process of attracting developers to the town.

"Okotoks has all the amenities of a big city, including its own Costco store, but it still has a small-town feel," said Ross.

As former mayor of Okotoks and a current REALTOR® there, Sandi Kennedy has a unique view of what the town was, is and will be.

From 1988 to 1994, Kennedy headed up a town council that had to deal with the diverse wants and needs of individuals and businesses during a period of tremendous growth. The town had a population of about 5,500 when she took over the mayor's chair, and surged during her term in office – today, the number sits at nearly 30,000.

Born and raised in the southern Alberta foothills, Kennedy still lives in Okotoks, and took the time to talk about what the town's future might look like as it continues to grow.