Archive for the ‘Balzac’ Category

Alberta Employment Rates, how this affects our real estate market

Monday, April 6th, 2015

According to ATB’s monthly economic news letter The Owl, titled “Jobless Rate 2015 won’t come close to historic highs” we are in for a bit on an increase in unemployment (as high as just under 7% by the summer).  The good news is it won’t be as drastic as in historical highs in Alberta such as 1984 (over 12%), 1993 (10%) and 2010 (7%).  The reason given that we will not be hit quite as hard is that Alberta has a more diversified economy then in the aforementioned years of high unemployment.

The silver lining in the clouds is the balancing of the real estate market.  The past few years have seen a furry of real estate activity, causing a heavily weighted seller’s market.  This has driven prices upwards at a high rate, thus presenting a challenge to buyers to get into the market at a comfortable level.  The recent months have caused the market to fall into a balanced market, meaning sellers are still selling relatively quickly as long as they are priced competitively, and buyers are having a better selection of homes to choose from at competitive prices.  Sellers are no longer solely in the driving seat, but rather are having to cooperate with buyers in order to achieve that sale.  This cooperative market is beneficial to everyone!

Check out ATB’s The Owl for further details on employment rates and economic forecasting, brought to us by Todd Hirsch and Nick Ford.

Tessa

Great time to buy in Calgary!!

Sunday, February 1st, 2015

Wondering what is happening in the Calgary Real Estate market in 2015 so far? The numbers are in for the first month of 2015 and now might very well be your best opportunity to buy in the next several months or even year!  Calgary listings are up year over year and sales are down.  Don’t worry, it’s not doom and gloom.  We have plenty of healthy real estate market to look forward to over the course of this year, just consider this little blip an adjustment towards a balanced market, compared to last year’s heated seller’s market!

January 2015 Stats
Total Listings on the Market: 2909 (up 74% from 2014)
Total January Sales: 598 (down 63% from 2014)
Sales to Listing Ratio: 28%
 
January 2014 Stats
Total Listings on the Market: 1671
Total January Sales: 974
Sales to Listing Ratio: 61%
 

Provincial Government announces initiative for 35 schools to be built or renovated to cope with growth

Tuesday, May 24th, 2011

A total of 35 schools across Alberta will be built or modernized, announced May 24, 2011.  These plans include 22 new and replacement schools and modernization of 13 exsisting schools.

School infrastructure projects in the Calgary area include:

Airdrie – New Construction – Rocky View School Division – Grades 6-8

Airdrie – New Construction – Greater Southern Public Francophone Education Region – Grades K-12

Airdrie – New Construction – Rocky View School Division – Grades 9-12

Chesternmere – New Construction – Rocky View School Division – Grades K-9

Cochrane – New Construction – Greater Southern Catholic Francophone School Division – K-9

Calgary – Modernization – Calgary School District – Grades 10-12 (specific school not named)

Calgary – Modernization – Calgary Roman Catholic Separate School Division – Grades 10-12 (specific school not named)

2 Acre Lots For Sale close to Cross Iron Mills

Friday, December 11th, 2009

Welcome to Serenity Estates!!  Choose from 7 fantastic fully serviced Estate Lots remaining, (7 of 14 lots already sold)!   Wonderful rectangular and pie-shaped lots are 2.0+ acres (all from $275,000 -$295,000+GST for 2.26 acres). Potential for mountain views. State-of-the-art water co-op in place. Paved roads + driveway to each lot. Natural gas, electricity and water already to property lines.

Take Country Hills Blvd East from Calgary(4.8km). Turn North on Range Road 284 (1.3km). Lots are located and marked on east side of road. Imagine building your dream country home with amenities so close.  Stoney Trail Ring Road is only 4.5 km away.  The new Cross Iron Mills Mall in Balzac in only minutes away (14km).  Calgary Airport is only 13.9km away.  Located right next to community Prairie Royal Estates.  Arctitectural controls in place. Please note all prices are before GST.   A must to see!!    Visit  serenityestatesab.com  for more details.