Posts Tagged ‘Alberta’

Teens are waiting longer to get their Drivers Permit in the Province

Sunday, December 4th, 2011

For as long as I can remember, getting a driver’s license has been a rite of passage for a teenager.  A symbol of independnace celebrated by teens, and often dreaded by parents. 

New statisitics show that todays teens are not racing to get behind the wheel like they did a decade ago.         Read more of this great Calgary Herald article by Tony Seskus here.

The market for Calgary office space is expected to be the tightest in the country by the end of next year.

Friday, December 2nd, 2011

Calgary is expected to experience the tightest office market in the country by the end of 2012, with Class A vacancy “scraping the bottom of the barrel at 1.2%,” says a report released earlier this week by Cushman & Wakefield. 

The report says the City’s office market is once again in the midst of a boom cycle and competition for skilled labour is becoming “fierce.”

Bob MacSougall, senior managing director for C&W Calgary, said high oil prices, combined with strong continued capital investment in heavy oil products in northern Alberta have been the primary drivers behind the strong office demand.

 

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)

Track Calgary’s (and Alberta’s) Air Quality

Friday, August 20th, 2010

The animation provides an hour-by-hour forecast of smoke from forest fires in B.C. and Alberta up to 48 hours in the future. Different exposure levels of smoke are provided in colours that correspond to different concentrations of PM (parts per million)

New CMHC Rule for Buying Real Estate

Wednesday, March 31st, 2010

housingMore on the new CMHC Mortgage Rules for Real Estate

March 9, 2010 by Tessa Corley-Rae

I just spoke with my friend and mortgage broker Terry Caldie from the Mortgage Centre in Calgary about  CMHC’s new mortgage regulations for homeowners and property investors.  These new rules are nothing to panic about, in fact, up until 2 years ago these rules  were exactly how CMHC ran any way.  What people have to realize is that Convensional Mortgages (where people place 20% or more down as a down payment) are still exactly the same as they were before.   However, the good news is buyers can still avoid CMHC with only 20% down, rather than the previous 25% that was required only months ago for a convensional mortgage.  2 years ago the government decided to create a “stimulous package” for buying property, this was inlight of the down turn in the economy that we have just pushed through.  This “stimulous package”  included relaxed rules for buying revenue properties, as well as large refinancing options. 

Please see below for my interpretation of the new rules: 

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Gorgeous Panorama Condo: Perfect for 1st Time Buyers!

Wednesday, March 24th, 2010

70_3115_panamount_drive_mls_hid590580_roomlivingroom5OPEN HOUSE SATURDAY AND SUNDAY, MARCH 27/28 FROM 2:00-4:00!

BEST VALUE in PANORAMA HILLS!  This wonderful 2 BEDROOM + DEN and 2 FULL BATHROOMS condo is a superb value!! It’s loaded with great features including a titled underground parking space, huge storage locker (4’x6′) in front of parking stall, in-suite laundry, & lots of street parking too. Conveniently located a 1 minute walk from the express bus to downtown transit and very close all shopping and amenities. West facing unit with upgraded kitchen, beautiful backsplash, black appliances and a breakfast island. Upgraded tile & fixtures in the bathrooms. Large living room with a beautiful gas fireplace and door to the large patio with gas-line for BBQ. The den is perfect for your home office. This condo is immaculate, well decorated, spacious and has been a non-smoking unit. NOTE: Condo fees include ALL utilities, except phone and cable.  Panamount Place is a well maintained, PET-Friendly(with board approval) building. Don’t miss it! One Min Away: Mega Amenities!70_3115_panamount_drive_mls_hid590580_roomkitchen70_3115_panamount_drive_mls_hid590580_roompatio

October 2009 Real Estate Stats – Calgary, Alberta

Sunday, November 1st, 2009

 

Single Family Homes
October 2009
September 2009
August 2009
July 2009
Median Price
410,000
399,900
400,000
390,000
Average Sale Price
462,465
459,085
446,413*
436,782
Number of New Listings
1,819
1,857
1,910
2,089
Number of Sales
1,285
1,257
1,277
1,585
The following is written and published by the Calgary Real Estate Board:

Calgary, November 2, 2009 – The Calgary housing market continued to rebound in October, according to figures released by the Calgary Real Estate Board (CREB®).

“Calgary’s housing market has clearly turned a corner,” says Bonnie Wegerich, president of CREB®. “We expect there to be a few bumps on this road to recovery but we believe the worst is over.  Home prices have held firm and edged upwards in some markets over the past months.  This has helped buoy up the confidence of both buyers and sellers.”

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Open House Saturday October 24, 2009 1:00 – 3:00 at 102 – 231 64th Avenue NW

Thursday, October 22nd, 2009

BUY THIS HOME BEFORE NOVEMBER 20th AND TESSA WILL DONATE a $500 GIFT CERTIFICATE TO THE NEW BUYER (choose from Home Depot, Future Shop, IKEA, Chinook Centre).

STUNNING VALUE!! Tons of renovation in this beautiful, well decorated 2 bedroom condo well under $200K.  Enjoy a fully renovated kitchen with all new appliances including a fridge, stove, hoodfan AND dishwasher!  Attractive white cabinets with glass fronts, new countertops & backsplash.  All new lighting & flooring  throughout including laminate, tile, and lino! Many windows on South and west walls (End Unit) for tons of natural light.  Bathroom has new toilet, sink and lighting.  Huge in-suite storage space with shelving and a portable washer (recent quote to plumb washer/dryer was only $1500 & already has board approval for future owner). This condo is located ion the quietest side of a very nicely maintained building with large green space at south end, assigend parking stall and secured bike storage. Great public transit to downtown & other city destinations only steps away.  SEE YOU THERE!!!!  

Virtual Tour Link:  http://www.Obeo.com/537779

Wonderful Home in Thorncliffe!

Tuesday, October 20th, 2009

STUNNING VALUE!! Tons of renovation in this beautiful, well decorated 2 bedroom condo well under $200K.  Enjoy a fully renovated kitchen with all new appliances including a fridge, stove, hoodfan AND dishwasher!  Attractive white cabinets with glass fronts, new countertops & backsplash.  All new lighting & flooring  throughout including laminate, tile, and lino! Many windows on South and west walls (End Unit) for tons of natural light.  Bathroom has new toilet, sink and lighting.  Huge in-suite storage space with shelving and a portable washer (recent quote to plumb washer/dryer was only $1500 & already has board approval for future owner). This condo is located ion the quietest side of a very nicely maintained building with large green space at south end, assigend parking stall and secured bike storage. Great public transit to downtown & other city destinations only steps away231_64_avenue_nw_102_mls_hid537779_roomkitchen3231_64_avenue_nw_102_mls_hid537779_roomlivingroom4.

September 2009 Real Estate Stats – Calgary, Alberta

Thursday, October 1st, 2009
Single Family Homes
September 2009
August 2009
July 2009
June 2009
Median Price
399,900
400,000
390,000
399,000
Average Sale Price
459,085
446,413*
436,782
447,142
Number of New Listings
1,857
1,910
2,089
2,244
Number of Sales
1,257
1,277
1,585
1,837