Posts Tagged ‘Condominium’

Calgary 2010 Year End Real Estate Statistics

Friday, January 7th, 2011

Home and condo sales in Calgary and area remained relatively unchanged in December 2010, indicating that a full-fledged recovery in the housing market has yet to take hold, according to figures released on Tuesday by the Calgary Real Estate Board (CREB®).

Looking back in 2010, total single family home sales in the city of Calgary were 12,095, a decline of about 16 per cent from 2009, when total single family sales were 14,440.  2010 markes the lowest bumber of single family home sales since 1995, when 9534 single family homes were sold. 

“Undoubtedly housing markets in Alberta and Calgary underperformed in 2010, as sales recoveries did not materialize as forecasted.  In many ways, re-sales in 2010 showed a repeat of 2008, with a short lived resurgence in the first few months, when condidence returned to the market,” says Diane Scott, president of CREB®.

Calgary employment and net-migration being slower to recover – and are key drivers of our housing market.  The good news is we are now seeing marked improvements in investment and employment in the energy sector.  This coupled by improved affordability and low interest rates,  will eventually translate into a gradual recovery of our housing market as we move into 2011.

For more detailed stats about your specific community/home/condo feel free to contact us at info@corleyteam.com.  Even if your not actively in the market, it is always great to know what is going on in your community!

A Growing Number of Landlords Are Enforcing Smoking Bans

Wednesday, October 20th, 2010

We’re used to seeing “no smoking” signs in public places – like airports and restaurants. According to MSNBC, a growing number of landlords are enforcing smoking bans in more private places – like apartment complexes and condos. In fact, the US Department of Housing and Urban Development recently issued a notice encouraging landlords to consider smoke-free policies, which would essentially force people to stop lighting up in their own home! You can probably guess why.

Rita Turner directs the Center for Tobacco Regulation, Litigation and Advocacy at the University of Maryland Law School. She says many landlords are being sued these days, as people wake up to the reality that cigarette smoke doesn’t stay in one place. In apartment buildings, it can seep through doorways and vents, and enter other apartments down the hall, or even on other floors. There’s no such thing as “risk-free” exposure to secondhand smoke. Research has shown it’s very dangerous to your health – causing everything from asthma, respiratory infections, sudden infant death syndrome, heart disease, and – of course – lung cancer.

So far, most landlords say adding a “no smoking” clause to their lease has attracted more residents than it’s detracted. In fact, some landlords now advertise their smoke-free living spaces among other popular “green” amenities – like saline swimming pools, solar-powered trash compactors, or recycling bins. That doesn’t mean you have to move if you live in a building that still allows smoking. Lawyers say most apartment leases have something called a “nuisance clause.” It’s there to protect you from neighbors who make excessive noise, or do things that put your safety and well-being at risk. So, if a neighbor’s smoking bothers you, you have the right to file a complaint based on that “nuisance clause.”

JUST LISTED! 22, 200 SANDSTONE DRIVE NW

Monday, August 16th, 2010

This is a very large walk out bungalow with full development down. 3 bedrooms, 3 full baths (including 1 ensuite, main floor laundry, vaulted ceilings, lower level family room, games room and Den! Too much to mention! Shows like new! Properties in this well managed complex do not come around very often! Call for your private viewing today!622161_500