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Linda James - RE/MAX R.E.(MOUNTAIN VIEW)
#222, 4625 VARSITY DRIVE N.W., Calgary, Alberta
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Calgary Real Estate Concierge Blog

By Linda James

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Friday, December 11, 2015 - Holiday Events

    - Once Upon a Christmas - Saturday, November 21 to Sunday, December 20   - Lion?s Festival of Lights ? Saturday, November 28, 2015 to Friday, January 8, 2016   - Christmas at Spruce Meadows - Saturday, December 5 to Sunday, January 3, 2016   - The CP Holiday Train ? Friday, December 11   - The Christmas Carol Project - Monday, December 21 to Wednesday, December 23   - ZOOLIGHTS ? Friday, November 27, 2015 to Saturday, January 2, 2016  

posted in General at Fri, 11 Dec 2015 11:29:00 -0700



Thursday, December 3, 2015 - Situations of Housing Market favour purchasers

Weak sales movement comparative to inventory places downward pressure on prices     Calgary, Dec. 1, 2015 ? Persistently high inventory levels within Calgary?s residential resale housing market, combined with weak sales activity, contributed to buyers' conditions in November. Monthly sales totaled 1,263 units, a 28 per cent decline from last year and nearly 20 per cent below the 10-year average. Meanwhile, the amount of new listings in the market increased by five per cent over last November, ... Full Article...

posted in General at Thu, 03 Dec 2015 07:56:00 -0700



Wednesday, November 11, 2015 - For the second consecutive month, prices dropped

  Sales movement remains well below lasting averages   Calgary, Nov. 2, 2015 ? Elevated inventory levels in October contributed to a second consecutive month of price declines in Calgary?s resale residential housing market. Benchmark prices declined 0.7 per cent from the previous month, and 1.2 per cent from the same time last year, to $453,100. ?Persistent weakness in the overall economy continued to impact housing demand in Calgary as October sales were nearly 16 per cent below long-term ... Full Article...

posted in General at Wed, 11 Nov 2015 09:35:05 -0700



Tuesday, November 3, 2015 - Calgary Events on November 2015

Come and join us!  Startup Canada ? Monday, 9 November   Canadian Jazz Festival ? Thursday, November 12 to Sunday, November 15   Calgary European Film Festival ? Thursday, November 12 to Sunday, November 15   Calgary Creative Arts Guild 25th Annual Show ? Saturday, November 14  Just For Laughs Canadian Comedy Tour 2015 ? Sunday, November 15   New Brighton Christmas Craft Market ? Saturday, November 21   Festival of Crafts ? Thursday, November 26 to Sunday, November 29   Alvin and the ... Full Article...

posted in General at Tue, 03 Nov 2015 08:20:34 -0700



Friday, October 30, 2015 - An Essential Table of Home Winterizing

Attic Insulation ? 12-15 inches minimum of even insulation is needed to keep heat in the house and money in your pocket. Have your R-value checked by a professional if needed. Change Air Filter ? For healthy, indoor air, change your air filter once a month in the winter months. Your furnace has to work twice as hard with an air-borne allergen clogged filter. Vacuum Vents ? Take off the covers and hoses to your dryer, bathroom and stove vents and suction out lint and debris. This will increase ... Full Article...

posted in General at Fri, 30 Oct 2015 08:42:16 -0600



Wednesday, October 21, 2015 - So far the Lowest and Highest Price Paid for Homes in 2015

These data are based on MLS Sales in Year 2015 so far for the lowest and highest price paid for homes so far in 2015 give you a sense of the wide range of possibilities in the city. Indeed, our local housing market is diverse and constantly evolving. - Apartment Condos - Least expensive - $88,000 - Size: 282 sq. ft. in ApplewoodMost Expensive - $3,769,500 - Size: 2,960 sq. ft. in Mission - Townhouses - Least expensive - $135,000 - Size: 1,238 sq. ft. in Penbrooke Most Expensive - $1,850,000 - ... Full Article...

posted in General at Wed, 21 Oct 2015 07:09:48 -0600



Thursday, October 15, 2015 - October 2015 - Events

Come and join us!   Illuminasia, Lantern & Garden Festival ? Thursday, September 17 to Sunday, November 1 Screamfest ? October 16, 17, 23, 24, 25, 29, 30, and 31st YYComedy Festival ? Monday, October 12 to Saturday, October 17 Royal West ? Thursday, OCTOBER 22 to Saturday, October 31 Rocky Mountain Dancesport Grand Prix ? Friday, October 23 to Sunday October 25 Banff Mountain Film & Book Festival ? Saturday, October 31 to Sunday, November 8 

posted in General at Thu, 15 Oct 2015 08:06:02 -0600



Friday, October 9, 2015 - Prices ease as expected

Inventories rise as sales activity softens further   Calgary, Oct. 1, 2015 ? Following four months of relative stability, unadjusted benchmark prices eased as expected in September to $456,300, a 0.26 per cent decline compared with last year.   Most of this aggregate moderation was due to price declines in the apartment sector brought on by higher-than-average inventory levels.   ?Overall sales activity relative to new listings caused a softening in absorption rates, which resulted ...

posted in General at Fri, 09 Oct 2015 14:32:13 -0600



Friday, October 2, 2015 - Sell First or Buy First?

As a current homeowner, you might be planning you next move to a new home. You are now stuck with the dilemma of whether to buy or sell your existing home first.  You could try to buy a home with a condition that says the purchase is subject to the sale of your existing home but in most markets that will give you a huge disadvantage when competing with other buyers.  Truth be told, there are rewards and drawbacks with either choice. It is in your best interest to keep the following in mind to ... Full Article...

posted in General at Fri, 02 Oct 2015 14:47:49 -0600



Friday, September 25, 2015 - Ultimate Home Staging Checklist

    Staging a home to sell is a conscious effort to prepare your home a step above the competing listings on the market. You want a potential buyer to walk into your home and feel like they have to have it! Staging is not easy to do but with some effort the results could truly pay off. Here?s a checklist on how to impress from curb to closet: ? Cut and water the lawn, and trim and prune all trees and shrubs? Remove pet waste, leaves, and weeds from the yard along with tools, toys and other ...

posted in General at Fri, 25 Sep 2015 13:02:38 -0600



Tuesday, September 15, 2015 - Calgary September 2015 Events

Calgary Home + Design Show ? Thursday, September 17 ? Sunday, September 20 Calgary ArtWalk Festival ? Saturday, September 19 ? Sunday, September 20 Calgary International Film Festival ? Wednesday, September 23 ? Sunday, October 4 

posted in General at Tue, 15 Sep 2015 10:37:51 -0600



Wednesday, September 9, 2015 - Inventory levels rise. August sales activity falls below long-term averages

Calgary?s residential resale housing market recorded further easing in absorption rates in August due to weaker sales activity.Sales in the city declined by 27 per cent to 1,643 units last month relative to the same time last year, and 12 per cent below 10-year averages.?Persistent weakness in the energy sector weighed on sales activity this month, which once again retracted to levels well below the norm for the city,? said CREB® chief economist Ann-Marie Lurie.The residential unadjusted ...

posted in General at Wed, 09 Sep 2015 15:12:34 -0600



Monday, August 24, 2015 - CALGARY'S MOVING RESOURCE AND DIRECTORY

If you are moving or have ever moved, you know there are several calls to make in order to coordinate your change of address and services.   We?ve put together a list that you can use as a quick reference for moving, or for any other reason: UTILITIES:ATCO GAS     403-245-7888  www.atcogas.com DIRECT ENERGY     1- 866-420-3174  www.directenergy.com EPCOR      403-310-4300  www.epcor.ca ENMAX       403-310-2010   www.enmax.com  PHONE AND CABLE:TELUS       403-310-2255  www.telus.net SHAW CABLE & ... Full Article...

posted in General at Mon, 24 Aug 2015 09:49:58 -0600



Tuesday, August 18, 2015 - Calgary Events - August 2015

?    The Lion King, the Musical ? Tuesday, Aug 11th to Sunday, Sep 6th?    Opera in the Village ? Thursday, August 13th ? Saturday, August 22nd?    Globalfest ? Thursday, August 20th to Saturday, August 29th?    BBQ on the Bow ? Saturday, September 5th and Sunday, September 6th

posted in General at Tue, 18 Aug 2015 11:46:08 -0600



Friday, August 14, 2015 - Market Remains Balanced Despite Easing In Absorption Rates

Supply gain in apartment sector threatens to impact price.

Declines in residential housing sales activity eased in July, creating, when combined with stable inventory levels, no change to the month-over-month price.

Year-over-year sales fell by 14 per cent to 1,995 units in July, compared to a 17.8 per cent decrease the previous month. Despite the decline, sales activity during the month was consistent with the 10-year average.

While sales decline eased, so too did the decline in new listings, causing the unadjusted sales-to-new listings ratio to edge down to 67 per cent in July and months of supply to increase to 2.53 months.

“As weakness in the energy sector continues, this is trickling into several other aspects of our local economy, including our housing market,” said CREB® chief economist Ann-Marie Lurie.

Despite weaker absorption rates, market conditions remained relatively balanced and helped maintain month-over-month stability in benchmark prices, which remained unchanged from the previous month at $455,400.

“Often, the focus is on home prices. In fact, Calgary has recorded significant gains in home prices over the past several years,” said Lurie. “And despite the recent retraction, we have not seen all those previous gains eroded.”

While benchmark prices exhibited some month-over-month resilience, they still declined by 0.15 per cent annually and one per cent lower than levels recorded in January. It represents the first time since 2011 that benchmark prices have posted a year-over-year decline.

Lurie attributes most of the year-over-year decline to the apartment sector, where prices fell by 1.61 per cent to $293,300 – nearly two per cent lower than the price at the beginning of the year – due to weak demand and growing supply.

Year-to-date new listings in the apartment sector declined by 4.6 per, while sales declined by 29 per cent over the same period, resulting in inventory gains. By July, the months of supply pushed up to 3.77 months compared to three months in June.

“The relatively weak demand for apartment product, combined with rising supply, continued to place downward pressure on prices for the second month in a row,” said Lurie.

CREB® president Corinne Lyall noted Calgary’s housing market is continuing to see some nuances in supply between the different segments of the market.

“These differences are really important to understand as it relates to consumer expectations,” she said. “Some buyers expect they will get major price reductions in this market, but that’s not always the case. In some areas, supply levels are more balanced with demand and that creates price stability.”

Meanwhile, detached home prices remained steady month-over-month at $515,300. While absorption rates eased in the sector, conditions remained relatively balanced.

“Many clients are optimistic about the long-term outlook and are less concerned about short-term fluctuations in the housing market,” said Lyall.

“They’re focused on taking the time they need to make the right choices for their lifestyle. Saying that, it’s important to stay current and become educated with the market dynamics in the communities where they may be making real estate decisions.”


posted in General at Fri, 14 Aug 2015 09:14:51 -0600



Thursday, July 30, 2015 - Cool Hot Tubs for Summer Fun

No need to go on vacation to enjoy the summer. Bring the fun home with these amazing hot tubs!

posted in General at Thu, 30 Jul 2015 10:55:58 -0600



Monday, July 20, 2015 - Calgary's Summer Festival Scene

Calgary?s Summer Festival Scene rivals any other, with performers and artists embarking on our city each year to put on a great time.  It wouldn?t be summer without checking out at least a couple of the events, and the sites, sounds and culinary adventures they have to offer.Calgary Folk Music Festival July 23rd-26thRevel in one of the ?7 musical wonders of the world? (Globe and Mail) at Prince?s Island Park. 76 artists from 16 countries on 8 stages in concerts and magical collaborative ...

posted in General at Mon, 20 Jul 2015 14:01:11 -0600



Tuesday, July 14, 2015 - Cost of Buying a Home, Plan your Budget Wisely

There are many costs associated with buying your first home or your dream home. There are upfront costs and ongoing costs that you need to consider when planning your home-buying budget. Upfront costs may include: - Down Payment ? This needs to be ready at time of purchase and its source to be verifiable by the bank.- Initial and Additional Deposits - This is part of your down payment and has to be accessible when you're placing an offer on a property.- Home Inspection - Costs of a home ...

posted in General at Tue, 14 Jul 2015 14:40:27 -0600



Thursday, July 9, 2015 - June sales consistent with typical levels

Calgary inventory levels ease Despite the 18 per cent year-over-year decline in June home sales, for a total of 2,183 units, transaction levels remain only five per cent below the 10 year average for June and three per cent above levels over the past five years. ?We?ve seen less concern from consumers lately,? said CREB® president Corinne Lyall. ?One of the main reasons is that we haven?t seen the worst case scenarios play out in the energy and housing sectors.? ?Consumers who were waiting for ... Full Article...

posted in General at Thu, 09 Jul 2015 15:19:01 -0600



Tuesday, June 23, 2015 - Is the Grass Always Greener on the Other Side?

Artificial grass has been used in warmer climates for some time, but it?s also become more popular in Canada as an alternative to a natural lawn. The jury is still out as to which is best, and there are definitely pros and cons on both sides of the fence. Natural GrassBenefits:  There?s nothing like the lush, organic feeling of natural grass under your feet.  It?s affordable to install, and with maintenance, it can last a lifetime. Things to consider:Maintenance ? A lot of time and effort is ... Full Article...

posted in General at Tue, 23 Jun 2015 08:30:41 -0600



Friday, June 19, 2015 - How Low will they Go?

Not long ago, in 2008, the mortgage rate in Calgary was 5.39%. This year, we have consistently seen posted rates under 3%. The low rates offer significant opportunities for buyers and sellers alike, but to take advantage of the trend, learn to evaluate your financing options. Taking advantage of the lowest rates possible allows you to make real strides on interest payments. But if your mortgage is short-term and a variable rate, there is a possibility it could change with the market. If you ... Full Article...

posted in General at Fri, 19 Jun 2015 09:49:15 -0600



Wednesday, June 10, 2015 - Upcoming Events & Festival

Upcoming Events & Festival - Global Petroleum Show ? Tuesday, June 9th ? Thursday, June 11th - Fishing at Bow Habitat Station ? May 15th to Saturday, October 31st - Safeway Father?s Day Walk/Run ? Sunday, June 21st - Pawsitively Fun Run ? Sunday, June 21st - Storybook Theatre Presents Roald Dahl?s Willy Wonka ? Friday, May 22nd to Friday, June 26th - 2015 Calgary Stampede ? Friday, July 3rd ? Sunday, July 12th  

posted in General at Wed, 10 Jun 2015 18:03:26 -0600



Wednesday, June 3, 2015 - Calgary Real Estate Market Update - June 2015

Market moves toward balanced conditions Calgary housing prices change direction in May   For the first time since December 2014, Calgary?s residential unadjusted benchmark prices improved over the previous month. Within the city of Calgary, housing prices totaled $454,100 in May, a monthly and year-over-year increase of 0.55 and 0.96 per cent. ?For the third month in the row, new listings have eased compared to last year, helping push the market toward more balanced conditions, despite the ... Full Article...

posted in General at Wed, 03 Jun 2015 16:53:16 -0600



Wednesday, May 27, 2015 - Keep it Green while you Spring Clean

Keep it Green while you Spring Clean It?s that time when many of us do a thorough clean of our home after a long winter.  A few of our basic pantry items can do the job just as well or better than the heavy duty supermarket cleaners.  Here?s five great tips that don?t need more than four ingredients: Vinegar, baking soda, rubbing alcohol and lemon. Mattress:  Sprinkle baking soda on mattress.  Leave for 1 hour and then use upholstery attachment and vacuum. Spray mattress with rubbing alcohol. ... Full Article...

posted in General at Wed, 27 May 2015 11:26:23 -0600



Friday, May 22, 2015 - Are You Sure you Can do That??

Are You Sure you Can do That?? Before you begin on any major projects in your yard this year, make sure you have an up to date Real Property Report (RPR) and that you obtain the proper development permit. If your improvements do not comply with the City rules or real property lines, it could be quite costly in fees, fines or even lawsuits down the road. A general rule, all of the following set-back requirements must be met in order to obtain a Certificate of Compliance (m = meters): 1. A shed ... Full Article...

posted in General at Fri, 22 May 2015 10:11:10 -0600



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