Calgary's trusted source of real estate news, advice and statistics since 1983.
Stories Tagged - Calgary
News
Oct. 04, 2018 | Tyler Difley
New schools in the works across Calgary
For many homebuyers, especially young families, nearby schools are a major factor when it comes to choosing a house and neighbourhood. While Calgary is full of older, established schools, there are also several new schools that have recently opened or are slated to open soon – many of them in Calgary's newest communities. Here are the Calgary Board of Education and Calgary Catholic School District's new-school projects.
News
Oct. 05, 2018 | Geoff Geddes
Older homes bring charm and challenges
Many homebuyers desire the uniqueness of a vintage house. However, while they dream about living in their little piece of history, they need to keep their eyes wide open to the challenges these homes often present.
News
Oct. 12, 2018 | CREBNow
September 2018: Persistent buyers' market continues
With no change in the economic climate, Calgary's sales activity totalled 1,272 units in September, a 13 per cent decline over the previous year and well below long-term averages. There was a pullback in sales across all product types, most notably the detached market.
News
Oct. 24, 2018 | Geoff Geddes
Pre-construction condos offer unparalleled level of choice
For some, having too many options can be overwhelming. But for homebuyers who revel in choice and opportunities for customization, the pre-construction condo might be the ideal fit.
News
Oct. 05, 2018 | CREBNow
REALTOR® Q&A: Foreclosures
CREB®Now reader Norman asks...
Q: How does the system of purchasing a foreclosure work? From the moment of saying "I want to purchase the house" to it ending with the judge saying it's yours. From single purchasers to multiple "bidders," how long on average does it take?
Joe Howlett, RE/MAX Real Estate Mountain View
A: Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who stopped making payments by forcing the sale of an asset used as collateral for the loan.
Q: How does the system of purchasing a foreclosure work? From the moment of saying "I want to purchase the house" to it ending with the judge saying it's yours. From single purchasers to multiple "bidders," how long on average does it take?

A: Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who stopped making payments by forcing the sale of an asset used as collateral for the loan.
News
Oct. 04, 2018 | CREBNow
REALTOR® Story of the Week: Lee Edwards
Brokerage: MaxWell Canyon Creek
In the fall of 2016, a fellow named Athar Alvi came into my office in Bragg Creek. He said that he had recently been let go from his job in Fort McMurray and decided to use his severance package to fund a dream he has always had – to be a movie director and producer. He had written a script and hired a professional cameraperson and a couple of professional actors. He had started filming and was looking for a location to shoot a certain scene. He asked if I knew of a place in the Bragg Creek area that would work. I told him "Yes, I do. Let me make a call." The call was successful, introductions were made, and everything worked out.
In the fall of 2016, a fellow named Athar Alvi came into my office in Bragg Creek. He said that he had recently been let go from his job in Fort McMurray and decided to use his severance package to fund a dream he has always had – to be a movie director and producer. He had written a script and hired a professional cameraperson and a couple of professional actors. He had started filming and was looking for a location to shoot a certain scene. He asked if I knew of a place in the Bragg Creek area that would work. I told him "Yes, I do. Let me make a call." The call was successful, introductions were made, and everything worked out.
News
Oct. 05, 2018 | Barb Livingstone
Red Mile reimagining is well underway
Calgary's Red Mile is about to be transformed into the city's "cool street" in developer Frank Lonardelli's already unfolding vision.
News
Oct. 04, 2018 | Barb Livingstone
Secondary suites can expand income and homebuying power
Mortgage broker Chris Richards and his wife added a secondary suite to their home when their adult children moved out.
His intent was not only to make use of the extra space, but also to follow the advice he gives, particularly to first-time homebuyers, that secondary suites can expand both income and buying power.
His intent was not only to make use of the extra space, but also to follow the advice he gives, particularly to first-time homebuyers, that secondary suites can expand both income and buying power.
News
Oct. 04, 2018 | Donna Balzer
September in the garden

Here are some tips to get your gardening game back.
News
Oct. 05, 2018 | CREBNow
Six new inner-city condo developments

The Annex
Developer: Minto Communities
Community: Sunnyside
Price: One- and two-bedroom condos starting from $249,990 plus GST
Sales/Presentation Centre: 306 10 Street N.W.
Website: https://www.minto.com/calgary/new-condos/Annex/main.html
Description: The Annex offers exceptional urban living in the heart of one of Calgary's best neighbourhoods. Whether meeting a friend for coffee, grabbing a meal at one of Kensington's 28 restaurants, shopping for the latest style trends or checking off your to-do list with ease, everything you need is within steps of your front door.