How to sell your home after disaster strikes

July 31st, 2015

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Floods, hail, wind, ice, and snow are all part of living in Calgary (sometimes in the span of a single day!).  Damage caused by extreme weather or a natural disaster is a homeowner’s worst nightmare.  Imagine if it happened while trying to sell your home.  It can definitely make the process more complicated. 

If you are working with a Realtor, then you already have a great deal of support ...

Housing prices to ease in second half, CREB® forecasts

July 30th, 2015
Continued weakness in housing demand will limit downward pressure on supply levels and cause prices to ease in the second half of the year, CREB® said in its 2015 mid-year forecast. Despite this anticipated retraction, Calgary’s benchmark prices are only expected to decline by less than one per cent on an annual basis. 

“Further job losses are expected in the second half of the year,” said C ...

CMHC announces new rules to make it easier for homeowners to rent out property!!

July 28th, 2015

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Canada Mortgage and Housing Corp. announced changes Monday that will make it easier for homeowners to rent out their residences and qualify for a loan.

 

The Crown corporation, which controls a majority of the mortgage default insurance market, says that starting Sept. 28 homeowners will able to count all the income from rental units when qualifying for a loan.

 

“Secondary rental ...

June sales consistent with typical levels

July 2nd, 2015

Calgary inventory levels ease

Click here to view the full monthly stats package. 

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 ...