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Stories Tagged - Calgary

News

Nov. 13, 2018 | Tyler Difley

What can I (really) afford: detached edition

A Calgary detached home purchase income guide (for condos, click here)

Many would-be homebuyers find the home of their dreams, only to wonder, "can I afford it?" Canada Mortgage and Housing Corp., as well as many major banks, recommend spending no more than 30 per cent of income on housing, including mortgage (principal and interest), property taxes, insurance and utilities. To help, we did the math for a typical detached home in each region of the city.
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News

Oct. 31, 2018 | Gerald Vander Pyl

Everything you need to know to buy your first condo

So, you've decided a condo is right for your lifestyle and you're pre-approved for a mortgage, but what's the next step?

Viki Fairbairn, a REALTOR® and certified condominium specialist with Royal LePage Benchmark in Calgary, says buying a condo differs from buying a house, so it's important to find the right Realtor to take you through the process.

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News

Oct. 31, 2018 | Karen Durrie

The top factors affecting condo resale value

With Calgary's condo market experiencing a period of oversupply, determining how to make the best deal, whether you're a seller or a buyer, is crucial. That starts with assessing the many factors that can affect a condo's resale value, says Vijay Thankey, a REALTOR® with RE/MAX Realty Professionals.

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News

Oct. 31, 2018 | Stefan Strangman

Calgary's elusive lofts provide unique canvas for life or work

As Calgary's real estate market continues its recovery from an extended period of recession, there is at least one niche segment that has weathered the storm: lofts.

Courtesy Calgary Municipal Land Corporation (CMLC)
News

Oct. 31, 2018 | Barb Livingstone

Despite recent hiccups, developers remain optimistic about Calgary condo market

Like much of the housing market in Calgary's slowly recovering economy, the condo segment has seen below average sales volumes and higher than average availability so far this year. However, many of the city's developers remain bullish about the condo market's future.

Watermark at Bearspaw.
CREB®Now Archive
News

Oct. 24, 2018 | Kathleen Renne

Pop the question: Tom Westcott

In 2018, CREB® welcomes longtime Calgary REALTOR® and industry veteran Tom Westcott as the organization's new president. Westcott sat down with Kathleen Renne for CREB®Now to talk about his career in the industry, his passion for real estate and his thoughts on the Calgary housing market in 2018.

News

Oct. 31, 2018 | Natalie Noble

The ins and outs of pre-construction financing

Watermark at Bearspaw.
CREB®Now Archive
News

Oct. 04, 2018 | CREBNow

2018 BILD Alberta Award finalists announced

Congratulations to the following Calgary-area builders and developers, who are all finalists for the 2018 BILD Alberta Awards. The winners will be announced at the BILD Alberta Fall Conference in Jasper on Sept. 14.

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News

Oct. 05, 2018 | Gerald Vander Pyl

A home inspection can help you spot these five red flags

Experts say you should buy a home with your head and not your heart, but it's easy to get caught up in the excitement when you find a home that seems perfect for you.

That's why a home inspection is a crucial step. It can uncover problems that might require walking away from a potential purchase, or at least mean reassessing your offer.

Courtesy Mattamy Homes
News

Oct. 04, 2018 | Geoff Geddes

A move-up home can mean many things in the Calgary market

Next to "location, location, location," the truest maxim in real estate is "change, change, change." While your first home is a milestone, keeping pace with your changing needs is about making all the right moves.

"Move-up buyers have been through the process before and know what they want," said Michael Winiarz, vice-president of sales and marketing for Mattamy Homes in Calgary.

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