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July 13, 2015 | CREBNow
Come hail or high water
In the insurance industry, it's commonly referred to as CAT season, short for catastrophic — that all-too familiar time of the year when hail, rain, fire and brimstone wreaks havoc on our homes.
While the June 2013 floods provided perhaps the most extreme example, every year has been littered with examples — hail that leveled half of Airdrie in 2015, forest fires in northern Alberta in 2011 and so on.
And every year, insurance companies are in the news as homeowners lament that the most recent damage won't be covered by their current policies.
July 10, 2015 | CREBNow
Airdrie's Midtown on the move
Over a decade in the making, Airdrie's controversial Midtown development is finally poised to take the next step and fill in yet another blank on the city's growing landscape.
Currently being actively graded, the 16-hectare Midtown lot along Eighth Avenue W. and bordered by MacKenzie Pointe to the north and Luxstone to the south is labelled for 600 to 800 residential units.
The plan calls for a maximum of 305 single-family lots, 115 townhouse units and more than 300 low- and medium-density lots.
The original Neighbourhood Structure Plan (NSP) was first adopted by Airdrie city council in 2009, but construction stalled through the original developers.
July 10, 2015 | CREBNow
Calgary sister city building music pavilion in East Village
"I'm honoured to unveil plans for a new public space we can all enjoy," said Mayor Naheed Nenshi at the announcement. "It is an honour to receive this gift, on behalf of all Calgarians, from our sister city and its citizens."
In 2008 during Quebec City's 400th anniversary, Calgary presented the city with the sculpture Do Re Me Fa Sol La Si Do by Canadian artist Joe Fafard, which was placed on Boulevard Champlain along the banks of the St. Lawrence Seaway. Identical sculptures can be found in downtown Calgary.
July 10, 2015 | Cody Stuart
Top five things about Alberta's economy
With the province now halfway through a thus-far turbulent year, ATB Financial has released its economic outlook for the forthcoming third quarter.
Providing "the most up-to-date portrait of the province's economy" and ATB's best estimate of what we can expect for the remainder of this year, the latest outlook shows that, at the very least, this year won't be the worst economic year in our recent history.
"While some forecasters continue to call for a recession in Alberta, ATB Financial remains confident that our province will see some growth this year (albeit small)," said ATB economist Nick Ford." But despite the differences in opinion, all of the major forecasts for the province have one thing in common; economic expansion is expected to hover around zero per cent this year."
July 10, 2015 | Cody Stuart
A city in need
With the Calgary Stampede shining a spotlight on our city's sense of community, an event held during this year's Greatest Outdoor Show on Earth highlighted the continuing needs of some of our community's most vulnerable citizens.
As part of Stampede Week, Horizon Housing – one of several local organizations dedicated to housing the city's most vulnerable residents – held a barbecue, with residents on hand from the organization's properties.
Serving tenants with a variety of special needs – including those with mental health challenges, physical disability, families and seniors living below the poverty line and the working poor – Horizon Housing executive director Kim O'Brien said while the current state of Alberta's economy is debatable, it hasn't changed the willingness of Calgarians to give to a good cause.
July 02, 2015 | CREBNow
June sales consistent with typical levels
Despite the 18 per cent year-over-year decline in June home sales, for a total of 2,183 units, transaction levels remain only five per cent below the 10 year average for June and three per cent above levels over the past five years.
"We've seen less concern from consumers lately," said CREB® president Corinne Lyall. "One of the main reasons is that we haven't seen the worst case scenarios play out in the energy and housing sectors.
"Consumers who were waiting for wide-spread price declines have been surprised to see that it just hasn't happened yet, and so they've decided to take advantage of the improved selection and lower lending rates.
June 30, 2015 | Donna Balzer
Curb your enthusiasm
Walking down the street this morning, I saw a sign on a tiny house: Bramble Cottage. The house with the cute name had a hedge so wildly overgrown, it blocked the view of the property, scaring away potential buyers and potentially attracting criminals.No one deliberately plans for an overgrown garden. School children bring home evergreen trees from Arbour Day and plunk them in the front yard. Birds drop seeds when the house is new, which later sprout into seedlings a foot away from the foundation. Blooming shrubs offer a sweet scent by the window, but can turn into a unwieldly mock orange over time.
June 30, 2015 | CREBNow
Northwest niches
Communities of Bowness, Montgomery retain small town charm, big city amenities
Nestled along the Bow River in the city's northwest, the communities of Bowness and Montgomery each enjoy storied histories dating back to the turn of the 20th century.
Even today, their modern-day transformations from towns to neighbourhoods are far from complete, with ongoing development redefining expectations of life in Calgary.
Before the First World War, Bowness was a "suburb perfect" vision of Englishman John Hextall, the visionary behind Bowness Park.
June 30, 2015 | Nolan Matthias
The real cost of your mortgage
Some would think a rate sheet would make mortgage-shopping process easy. All you have to do is scroll through the list and find the company with the lowest rate, right? After all, pretty much every mortgage is the same? All you need to do is find the best rate?It's not quite that easy. Not all mortgages are created equal. Behind each of those rates is a set of terms and conditions that affect the price of the mortgage, quite often more than the interest rate itself.
June 30, 2015 | CREBNow
PTQ: Mary Moran, Calgary Economic Development
Moran, who has been with CED since 2010, took some time to chat with CREBNow about Calgary's economic resiliency and what she thinks is the city's best-kept secret.











