Time to tidy up your portfolio

With spring in full swing, Calgarians are noticeably starting their annual spring-cleaning.

Yards are being tidied and garage sale signs litter street corners.

Yet, many don't realize now is an opportune time to reassess winter's finances and do a financial spring cleanup.

Calgary demographics influence housing

Calgarians, characterized in a recent report as among the youngest in Canada, are altering the city's housing landscape through a unique set of needs and wants, including a more diverse rental market, work/live spaces, home offices and multi-generational housing.

In its recently released The Changing Face of Calgary report, Urban Development Institute – Calgary and the Canadian Home Builders' Association – Calgary note the median age in Alberta (major urban centres) is a nation-low 36.5 years, and as the "population bulge trends toward youth, housing needs shift."

First reading on suite reform passes after marathon debate

In a more than 10 hour debate, Calgary city council made a small step towards secondary suite reform last night.

First reading was passed on a motion allowing secondary and backyard suites in Wards 7, 8, 9 and 11. If passed, those wishing to apply for a suite in those wards, which are comprised of 83 communities, could begin with a development permit instead of appearing before council.

Living in the inner city for a year, rent free?

Such just one of the perks offered by the Calgary Municipal Land Corp. (CMLC) with partners FRAM + Slokker and Embassy BOSA and Knightsbridge Homes for Calgary's "best job" offer acting as the Resident Ambassador for the re-emerging community.

Calgary's extensive pathway network lets cyclists roam far and wide

Cycle City: A three-part series exploring biking in and around Calgary

What stretches 770 kilometres across Calgary, reaching virtually every area of the city, yet doesn't contain a single car?

Even if you are already aware of Calgary's extensive pathway system, the scope of the city's multi-use pathways is the envy of other cities.

CREB staff take in shelter from perspective of single-mothers

As part of Claire's Campaign 2015, members of the public were invited to experience Calgary's Inn from the Cold from a perspective of a single-mother.

Claire's Campaign is named for the mother of businessman and philanthropist Gary Nissen, who has offered to match every donation made to Inn from the Cold during the month of May to a maximum of $200,000.

Some CREB staff participated in the experience today, here's a timeline of what went down.

Calgary's inner city has everything at arm's reach

Having recently returned to Calgary after living in London, England, Jon Dola has just commenced his search for a new home.

And despite having been back in the city for less than a month, he's already made up his mind as to where his new home will be located.

"I'm looking in Kensington, Sunnyside and Bridgeland," said Dola, who lived in Calgary for nearly eight years prior to setting off to Jolly Old England.

Keys are low vacancy rates, positive net migration

The perfect storm for long-term real estate investing in Calgary continues  to build steam despite low oil prices and fear mongering by industry  naysayers.

In fact, the six market rules Mortgage360 talks about in its Cash Flow Club meetings – which cover market vacancy rates, employment, rental rates and net migration – are still being met, even though some would have you believe the proverbial real estate sky is falling.

Two young professionals living in the inner city versus suburbia

Calgarian Crystal Scriven went five years without a car until purchasing one last September.

Her deference to driving came down to her needs at the time, but also personal preference – a sentiment shared by a growing number of young adults, suggests Zipcar's annual Millennial Survey.

The survey, released last month, found 45 per cent of millennials – the most popular definition of which is someone born between the early 1980s and early 2000s – are making a conscious effort to reduce how much they drive.

Calgary still the place to be for new developments

Despite a dip in the economy, Calgary is still a sought-after destination for developers, say industry experts.

"There's a western resiliency and an entrepreneurial spirit that [Calgary] rolls with it and looks for a brighter day in the future," said Christopher Wein, president of Toronto's Great Gulf Residential, which has submitted a development application to the City to develop a two-tower condo development in the East Village at 304 Macleod Trail S.E. across from the Harry Hayes Building.