Hot tubs, fire pits, outdoor kitchens oh my!

With leaves and lawns already turning green thanks to a wealth of warm winter weather, many Calgarians may also be doing likewise as they turn to see their neighbour's backyards.

With Calgarians' well-known love for all things patio, emerging envious of thy neighbour's yard is a sin likely shared by many in the city. As many homeowners up their backyard ante, CREB®Now offers up some suggestions on how bring a little more luxury to your lawn.

Calgary distinctive in offering both metropolitan and acreage luxury

Calgary's housing market has evolved to include a luxury segment offering buyers just about anything their hearts desire, suggested a local industry expert.

"We have those individuals who want to experience the city life, so that's the downtown metropolitan living," said Mary-Ann Mears, managing broker with Sotheby's International Realty Canada.

Devil's in the details*

The myth that all mortgages are created equal is slowly unraveling.

In fact, when it comes to mortgages, one of the only things Canada's big  banks can seemingly agree on is the interest rate. Everything else varies significantly between them.

Consumers, in turn, are slowly starting to figure out every bank has its own idiosyncrasies that may not be immediately apparent.

The Parkhouses in Okotoks to launch May 1

A "pocket neighbourhood" in the popular Okotoks community of Drake Landing will be offering active, mature homebuyers an alternative to constricted apartment-style living.

The Parkhouses, a unique 50-plus adult-living project by Lifestyle Homes, will launch sales May 1.

The neighbourhood will include 31 semi-detached villa-style bungalows with front porches and rear-attached garages that will all face inward to a common park space for residents.
This pocket neighbourhood designed to promote social interaction between neighbours will be a first for the town just 18 kilometres south of Calgary.

Bridgeland Market shines while other corner stores are going the way of the dodo

Fresh-baked cookies, cheese from around the world and pints of organic ice cream are just a few of the treats visitors will find at Bridgeland Market, one of a vanishing breed of family-run corner stores slowly fading from the Calgary landscape.

Run by the Traya family, which also operates Tazza Deli & Grill across the street, Bridgeland Market, like Lukes Drug Mart a few blocks away, has actually grown with the times to become a community mainstay.

First-time homebuyers turning to mom, dad for financial assistance

More young Canadians are turning to their parents to help find financing when purchasing their first home.

According to BMO's 2015 Home Buying Report, 42 per cent of first-time buyers are expecting their parents or relatives to help pay for their first home. Up 12 per cent from
last year, the number shows Canadians needing a helping hand to enter the market is on the rise.

Understanding the importance of pre-listing inspections

Dear Home Inspector:

We just sold our house, but we are not happy. We had agreed upon a certain purchase price, but the offer was conditional on a home inspection, which the buyer arranged.

The inspection revealed a number of maintenance items that came as a complete

surprise to my wife and I, which then triggered a request from the buyer to reduce the purchase price further. We had no time to look into the actual cost of the repairs and were instantly back negotiating.

Cochrane is a town on the move, with new amenities such as The Quarry development and construction of a new aquatic and curling centre. Providing diverse options for recreation is important to the town and its residents, said Mayor Ivan Brooker, who recently sat down with CREB®Now to talk about everything from new projects to why the kitchen is his favourite room in the house.

CN: How do homeowners stand to benefit from recent infrastructure announcements such as the new school in Sunset Ridge and new pool?

IB: Amenities such as our new pool and curling centre greatly enhance our resident's quality of life. Providing diverse options for recreation is very important to the Town of Cochrane.

Builder focuses on the extra flavours*

When Lisa Kaiser goes to suppliers seeking quality products for Genesis homes, she doesn't want the "vanilla ice cream" flavour they are offering every other builder.

"When everyone is buying vanilla ice cream, you get a lot of vanilla ice cream," said the company's project manager interior design. "I ask them to give us the new flavours."

It is one way of explaining Genesis Builders Group's focus on ensuring its new suburban homes don't fall under the stereotype of being bland when compared to its inner-city counterparts.

Borrowing under three per cent has benefits*

Now may be a better time than ever to refinance your home.

With five-year fixed rates as low as 2.59 per cent and variable rates at 2.15 per cent, anyone with a current mortgage rate over three per cent could potentially benefit from a refinance, and should be having a conversation with a mortgage professional.