Qualifying for a mortgage is about to change!

October 23rd, 2017

Effective January 1, 2018, home buyers in Canada will have another hurdle to jump in order to qualify for a mortgage.  Anyone who applies for a mortgage will need to qualify for a mortgage rate that is 2 percentage points higher than the posted Bank of Canada 5 year rate or the contract rate, whichever rate is greater.  This qualification process is already in place for Buyers who are putting ...

October preferred client update

October 5th, 2017

Three Questions to Ask Before Removing a Tree

Many home owners are fortunate to have a property with mature trees and shrubs. Although it is always best to save a tree when you can, there may be times when you question tree removal as an option for aesthetic or safety purposes.

Here are three questions to ask yourself before making a decision:

1 Is it causing structural damage? Tree roots ca ...

The big picture (CREB Report)

October 2nd, 2017

Inventory increases and sales drop in September, but overall sales for the year remain higher than last year.

Strong gains in the first-half of 2017 has put the Calgary year-to-date sales at seven per cent above last years' levels and 11 per cent below long-term averages, but challenges remain with easing sales and rising new listings.

Inventories rose across all property types to 6,861 uni ...