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January 2010

Found 4 blog entries for January 2010.

Calgary Real Estate to see modest growth in 2010

CREB Forecast Modest 2010 Calgary Property Growth Good news for Calgary real estate owners and buyers this month according to the Calgary Real Estate Board (CREB) 2010 forecast report released last week.

According to their report, Calgary Single Family homes will see a small price growth (+6.3% over 2009) and a relatively large (+17.7% over 2009) spike in total sales, while the condo market will see prices rise +4.3% over 2009 and a smaller but significant growth (+10.6% over 2009) in unit sales.

According to Diane Scott, the Calgary Real Estate Board President "the good news is low interest rates and price reductions mean buyers can afford more. This has meant monthly mortgage payments have come down dramatically - and are more in line with the income

3,762 Views, 1 Comment

Calgary: Top Real Estate Monopoly Contender

Calgary Real Estate Monopoly Calgarians have to step up if they want their city to be the next “Boardwalk” on the Canadian version of Monopoly. Hasbro’s new Canadian edition is going to be filled with 22 of Canada’s top cities and voting is what is going to be the factor in determining what those cities are. I am willing to bet that whatever city gets to be in place of Boardwalk will get a bump in real estate prices (don’t quote me on it though). All it takes is a few seconds and a few clicks and you can make our Calgary real estate market worth more.

Even Calgary’s Mayor, Dave Bronconnier, came out in full regalia to help push us towards our pcs in support of the Calgary real estate market obtaining that coveted Boardwalk spot.

2,532 Views, 1 Comment

Flames' Goalie Kiprusoff Target of Fan's Laser

Mikka Kiprusoff getting Laser at Vancouver The Calgary Flames took a full 65 minutes plus a shoot-out to defeat the Vancouver Canucks Saturday night (winner scored by Jamie Lundmark) in a hotly contested division rivalry. Along the way, one Canuck fan sitting close to the ice at Vancouver's GM Place decided to shine a green laser at Flames goalie Mikka Kiprusoff throughout the game.

Flames coach Brent Sutter was livid that the culprit was never located and removed from the arena. The Flames staff brought it to the attention of both the on-ice officials and GM Place security earlier in the game after noticing. “It’s ridiculous. We could see it from the bench, see it shining on his mask throughout the whole night,” Sutter said.

While most Canuck

10,225 Views, 8 Comments

Calgary Property Assessments: Fact or Fiction?

Calgary Property Assessment According to the 2010 Calgary property assessments the city mailed out January 4th, Calgary property values dropped by 13% from the previous year.

Clients often call me this time of year questioning their property assessment. The city's assessment process confuses many property owners, who often believe their Calgary home or condo is worth far more or less than the posted assessed values.

Let's be clear about one thing: city property assessments have no relationship to the current market value of Calgary property. The 2010 annual property assessments reflect the estimated market value of property as of July 1, 2009 and include any physical changes that have occurred up to December 31, 2009. The

4,471 Views, 2 Comments