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April 2010

Found 4 blog entries for April 2010.

Aspen Woods, Calgary - SW Calgary Real Estate Neighbourhood Profile

Aspen Woods SW Calgary A few posts ago we wrote about the different resources available to help you find the perfect spot to buy your first (or next) piece of Calgary Real Estate. One of the things we highlighted was that you really need to understand the different neighborhoods and what they have to offer. To help give you a little bit of the 'local flavor' and an idea of what to look for we are going to profile different neighborhoods. So, if you are looking for SW Calgary homes for sale in the SW Calgary Real Estate listings, then you might want to check back here periodically as we profile different SW Calgary neighbourhoods.

Aspen Woods, with its beautiful pastoral settings, was rural farmland area only

10,494 Views, 2 Comments

Mortgage rates on the riseHave one eye on interest rates and another on SW Calgary Real Estate Listings? Then you already know that mortgage rates are on the rise and that SW Calgary Homes for sale are going to cost you a little bit more. As speculation grows that short term interest rates will be raised by the Bank of Canada, many people are beginning to look at locking in with a fixed rate mortgage. For some, this is the right thing to do, while for others, maybe not.

Whether looking at SW Calgary homes for sale for a first home purchase, or a 'veteran' home owner looking to refinance or renew, homeowners and home buyers almost always end up asking themselves the same question: variable or fixed?

Historically, a variable rate mortgage has won out in reducing the total amount

5,266 Views, 3 Comments

Nobody looks for a home in Calgary!

Neighbourhood resources for searching Calgary Real Estate Listings

No CalgaryTruth be told, almost no-one looks for a "home" in Calgary anymore.
 
Calgary may be the home of the Calgary Flames, the Calgary Stampede and the Stampeders. Calgary may have been the first Canadian City to host the Winter Olympics, it may even have more corporate headquarters than anywhere else in the country and been called the 'cleanest city in the World' by Forbes Magazine. Still, no one looks for a home in Calgary anymore.

People don't buy a home in 'Calgary' anymore because 'Calgary' is a great big beautiful place full of different, unique and interesting neighbourhoods and it is these neighbourhoods that people look for when buying a new home.

1,976 Views, 0 Comments

Calgary home prices 2009-2010

Statistics for the month of March 2010 show the Calgary real estate market is back on track with sales figures & average house prices nearly the same as 2 years ago *March 2008 number of Calgary home sales 1,418 vs 1,396 March 2010; March 2008 Avg Sale Price $474,513 vs $471,268 March 2010*. I don’t believe comparisons with the first half of 2009 have much relevance as the market numbers were skewed by the worldwide recession.

March 2010 Calgary Real Estate Stats

 

Mar 2010

vs Mar 09

vs Mar 08

vs Mar 07

 Calgary house sales

 1,396

1,086 (+1%)

 1,418 (-2%)

 2,272 (-39%)

 Avg house price

 $471,269

 $420,354(+12%)

 $474,513(-1%)

$479,914(-2%)

 Days on market: house

 33

 48 (-31%)

 48 (-31%)

24

3,745 Views, 3 Comments