REALTORS® serving Calgary and area

 

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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

Stories Tagged - Homebuyer

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Aug. 01, 2018 | Geoff Geddes

How where Calgarians are born influences where they buy

If you equate moving to the other end of the city with relocating to Mars, you're not alone. For many homebuyers, where they grew up or first settled down in Calgary can influence where they look when it comes time to move.

Left to right: John Hripko, Laura O'Connell, Sam Crick & David P. Brown
News

June 20, 2018 | CREBNow

REALTOR® Q&A

You asked, we answered

The people have spoken! We asked you for your most pressing real estate questions, then threw them to our expert panel of experienced REALTORS®: John Hripko (Royal LePage Benchmark), Laura O'Connell (RE/MAX House of Real Estate), Sam Crick (RE/MAX Realty Professionals) and David P. Brown (The Real Estate Company Ltd.).
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May 02, 2018 | Gerald Vander Pyl

Crunching the numbers

How much home can you afford?

Shopping for the home of your dreams requires knowing how much you can afford to spend, which for most buyers ties directly into a mortgage.

Financial institutions in Canada look at a buyer's Gross Debt Service (GDS) and Total Debt Service (TDS) ratios to help determine how much mortgage to approve, and therefore, how much home a person can afford.

Homes typical of this price range vary significantly based on location.
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May 02, 2018 | Barb Livingstone

$500,000 - $750,000

Diversity and volume of home options offer something for homebuyers of every stage

There is no such thing as a "typical" home in the $500,000 to $750,000 price range in Calgary's market today.

"It is more than a starter home, but no mansion," said Ray Riley, a REALTOR® with RE/MAX First. "It could even be a teardown in a desirable (inner-city) neighbourhood, or a luxury apartment downtown. It just depends on what the buyer is looking for, and where."

For $300,000 - $500,000, homebuyers have a tremendous amount of choice in Calgary’s current condo market.
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May 02, 2018 | Geoff Geddes

$300,000 - $500,000

Calgary home choices that won't break the bank

Not so long ago, half a million dollars in Calgary might get you a starter home, minus the view. Today, buyers in the $300,000 - $500,000 range will like what they see when weighing their options.

Modern-style townhomes. 
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News

May 02, 2018 | Geoff Geddes

$300,000 and under

Limited budget need not limit buyer options

A dollar may not go as far as it used to, but $300,000 can still take Calgary homebuyers a long way.

"At that price, you could look at a one- or two-bedroom apartment with underground or outside parking, and an elevator if you want a high-rise," said Monique Windrem, a REALTOR® and leasing agent with Hope Street Real Estate Corp. "You might get extra storage, and if you opted for a one-bedroom, you may also have a gym, concierge and security if you're not set on living downtown."

CREB®Now Archive
News

April 04, 2018 | Mario Toneguzzi

First-home stories from Calgary's business community

For many people, buying a first home is an exciting, but stressful, experience. CREB®Now spoke with a few members of Calgary's business community to find out what it was like making that first big investment in their lives.
The Kraushar family. 
Courtesy Kelly Vincent Gibbons
News

March 14, 2018 | Andrea Cox

Family matters

Minerva and Glenn Kraushar plunged head first into homeownership in family-friendly Evanston

Eight years ago, Edmontonians Minerva and Glenn Kraushar tied the knot and then travelled south down the QEII to begin an exciting new adventure in Calgary. Glenn was beginning medical school at the University of Calgary and Minerva was finishing off her marketing degree. While in school, the couple bounced from rental home to rental home, their lives contingent upon the whims of landlords.

CREB®Now Archive
News

Dec. 13, 2017 | Barb Livingstone

Real estate education

It's the biggest investment we are ever likely to make, yet too often buying and selling a home comes with a bunch of misconceptions about making the most of that investment.

Len T. Wong, broker/owner of RE/MAX Len T. Wong and Associates, chalks these misconceptions up to a lack of information, rather than any fundamental misunderstandings about the buying and selling process. Providing that education to the client, he says, is the role of an experienced REALTOR®.

Here are the top five buying and selling misconceptions Wong has seen throughout his 25-year real estate career:
Andrea Cox / For CREB®Now
News

Nov. 16, 2017 | Andrea Cox

Choosing Chestermere

Jeff and Jessica Huynh found their forever home in Calgary's eastern neighbour

When it came to finding their forever home, sussing out a family friendly community that offered a healthy, outdoor lifestyle, and was close to family and amenities, was top of mind for Jeff and Jessica Huynh. The Huynhs had been living in Coventry Hills in Calgary's northwest. They enjoyed the neighbourhood, but with two young children, the couple wanted to be closer to family who live in Calgary's northeast areas of Pineridge, Coral Springs and Marlborough.

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T2E 8K4, Canada

 

CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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