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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

Michelle and Hollie Cressy with their dog Nixon.
Andrea Cox / For CREB®Now
News

Nov. 22, 2017 | Andrea Cox

Life on the ridge

Michelle and Hollie Cressy put down Alberta roots with new Sunset Ridge home

Newlyweds Michelle and Hollie Cressy landed in Alberta nine years ago – Hollie from Australia and Michelle from Hamilton, Ont. Both came for work opportunities and a new experience, each thinking that it would only be a short-term stay, but the beauty and majesty of the Rocky Mountains captured their hearts. The couple, who were married in 2015, had previously been renting an apartment in Calgary's inner-city and considering taking the plunge into homeownership. A trip to Cochrane to visit friends in March 2016 sped up their plans.

CREB®Now Archive
News

Nov. 15, 2017 | CREBNow

Past and present

Based on the Real Estate Investment Network’s Real Estate Cycle Scorecard and Clock, Calgary is currently well-suited to a “buy and hold” investment strategy, which is good news for land buyers.
Getty Images
News

Nov. 29, 2017 | Geoff Geddes

Promised land

Despite lack of liquidity, land remains a solid investment

At first glance, buying empty space might sound like the road to ruin. But for many investors, land has become a path to a balanced, and profitable, portfolio. While that doesn't mean it's for everyone, land is certainly worth a closer look from investors weighing their options.

Land as an investment can take many forms: institutional investment by life insurance companies and pension funds, farmers renting out land for revenue, active farmers purchasing land for future investment or expansion, and developers/investors buying for future residential or commercial development.

Jen Peddlesden and her family moved to Chestermere Lake 40 years ago, when it was merely a summer village with few full-time residents. Today, the lake is the defining feature of the rapidly growing city of Chestermere.
Cody Stuart / CREB®Now
News

Nov. 16, 2017 | Barb Livingstone

Rags to riches

Chestermere Lake's evolution from slough to city centrepiece

When Jen Peddlesden and her family moved to Chestermere Lake 40 years ago, people told her she was crazy.

At that time, what is now a 2.65-square-kilometre waterway was merely a "slough, just a place to put a boat," and was primarily a backyard playground for nearby Forest Lawn residents or the Calgary Yacht Club, which has been headquartered there since 1933.

Jen Peddlesden and her family moved to Chestermere Lake 40 years ago, when it was merely a summer village with few full-time residents. Today, the lake is the defining feature of the rapidly growing city of Chestermere.
Cody Stuart / CREB®Now
News

Nov. 01, 2017 | Gerald Vander Pyl

Reliable renovators

Finding the right renovation company is much easier when you know what to how to research


Renovations can turn an almost-perfect home into a dream home, or can boost the value of a home for sale, making it stand out from the competition.


But how do you find the right renovation company or contractor for the job?


Courtesy Kirk Monhay Photography
News

Nov. 09, 2017 | Kathleen Renne

Riverside real estate

Waterfront living comes at a premium in the Calgary market

DaVinci Homes CEO Naheed Kazmi utters three magic words when describing the appeal of the 31-unit Riviera on the Bow in Parkdale, one of her company's most recent projects: "Location, location, location."

"Everybody wanted that location," she said, recalling when the company purchased the land in 2008 and how she has received many calls since over the years from would-be buyers.

News

Nov. 08, 2017 | CREBNow

Status quo for Calgary's housing market

Prices remain similar to last year, but ease in October

October's housing market conditions closely echoed previous months' trends, with easing sales, rising inventories and downward price pressure. Like last month, the monthly activity was not enough to derail gains that occurred earlier in the year.

Fort Calgary is located at the confluence of the Bow and Elbow Rivers – where the city's storied history began.
Courtesy Calgary Municipal Land Corporation
News

Nov. 08, 2017 | Gerald Vander Pyl

The flow of history

Calgary's rivers have shaped the city's development since its inception

In 1875, members of the North West Mounted Police built a fort at the confluence of the Bow and Elbow Rivers.

Fort Calgary quickly attracted early settlers to the area, and a thriving little community started to grow – one that never strayed far from the rivers that would shape its development.

News

Nov. 01, 2017 | CREBNow

An Organized Laundry Room

With the stresses of everyday life, who wants to end the day heading to the laundry room to sort through dirty clothes, or even worse, on the weekend? No thank you! Having an organized laundry room will help make your routine seamless and efficient.

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