Posts Tagged ‘Corley’
Wednesday, March 31st, 2010
More 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:
(more…)
Tags:Alberta, Calgary, canada, CMHC, Corley, Corley-Rae, First-Time Buyers, Loan, mortgage, Mortgages, Tessa
Posted in Alberta, Calgary, Cochrane, Condo, Daily Stats, Estate, Home, Homes, House, Inner City, Land, Lots, Monthly Stats, Real estate, Real Estate Media, Town, Uncategorized | Comments Closed
Wednesday, March 24th, 2010
OPEN 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!
Tags:Agent, Alberta, Calgary, Calgary Condo, Calgary Condominium for sale, Calgary Condominiums for sale, Calgary real estate, Condominiums, Condos, Corley, CREB, First-Time Buyers, homesbytessa, Housing, Listings, Open House, Panorama, Rae, Real Estate Agent, Real Estate Professionals, Realtor, Tags: Calgary Real Estate, Tessa, Tessa in calgary, tessacorleyrae, transportation
Posted in Alberta, Balzac Mall, Calgary, Condo, Cross Iron Mills, Deerfoot, Deerfoot Trail, Home, Homes, House, North West, NW, Open House, Panorama Hills, Real estate, Real Estate Media, Stoney Trail Ring Road | Comments Closed
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.”
(more…)
Tags:Agent, Alberta, Average Sale Price, Buyers, Calgary real estate, Calgary Stats, Condo, Condominiums, Condos, Corley, CREB, First-Time Buyers, Homes, homesbytessa, Housing, Listings, Median Sale Price, Open House, Rae, Real Estate Agent, Real Estate Professionals, Realtor, Sales, sales stats, Seller, Statistics, Tags: Calgary Real Estate, Tessa, tessacorleyrae, transportation
Posted in Alberta, Aspen, Calgary, Condo, Cougar Ridge, Daily Stats, Deerfoot, Home, Homes, Inner City, Monthly Stats, North West, NW, Open House, Real estate, Real Estate Media, Thorncliffe, Transit, Uncategorized, West, West Springs | Comments Closed
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
Tags:Alberta, Average Sale Price, Buyers, Calgary, calgary homes, Calgary real estate, Condominiums, Condos, Corley, First-Time Buyers, Homes, homesbytessa, Housing, Listings, Open House, Rae, Real Estate Agent, Real Estate Professionals, Realtor, Seller, Tags: Calgary Real Estate, Tessa, tessacorleyrae
Posted in Alberta, Calgary, Condo, Deerfoot, Home, Homes, Inner City, North West, NW, Open House, Real estate, Thorncliffe, Transit | Comments Closed
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 away
.
Tags:Agent, Alberta, Buyers, Calgary, calgary homes, Calgary real estate, Condominiums, Condos, Corley, CREB, First-Time Buyers, Homes, homesbytessa, Housing, Listings, Median Sale Price, Rae, Real Estate Agent, Real Estate Professionals, Realtor, Seller, Tags: Calgary Real Estate, Tessa, tessacorleyrae
Posted in Alberta, Calgary, Condo, Deerfoot, Home, Thorncliffe, Transit | Comments Closed
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
|
Tags:Agent, Alberta, Average Sale Price, Buyers, Calgary, Calgary real estate, Calgary Stats, Condo, Condos, Corley, CREB, First-Time Buyers, Homes, Housing, Listings, Median Sale Price, Rae, Real Estate Agent, Real Estate Professionals, Realtor, Sales, sales stats, Seller, Statistics, Tags: Calgary Real Estate, tessacorleyrae, transportation
Posted in Alberta, Aspen, Calgary, Condo, Cougar Ridge, Daily Stats, Homes, Monthly Stats, Real estate, Real Estate Media, Uncategorized, West, West Springs | Comments Closed
Tuesday, September 1st, 2009
|
Single Family Homes
|
August 2009
|
July 2009
|
June 2009
|
May 2009
|
|
Median Price
|
400,000
|
390,000
|
399,000
|
390,000
|
|
Average Sale Price
|
446,413*
|
436,782
|
447,142
|
436,427
|
|
Number of New Listings
|
1,910
|
2,089
|
2,244
|
2,235
|
|
Number of Sales
|
1,277
|
1,585
|
1,837
|
1,584
|
* Calgary had a single very high selling home in the month of August (a sale price of almost $10.3 million for a mansion that was looking onto the Elbow River). This one sale actually altered our monthly average stats by almost $10,000 alone. If we take into consideration this sale in our average price in August 2009 was actually $454,130. Amazing that one home could make such a difference. The above number was quoted with the removal of that one home for a more accurate picture of what our market is doing.
Tags:Calgary, Calgary real estate, Corley, Rae, sales stats, Tessa
Posted in Daily Stats, Monthly Stats, Real Estate Media | Comments Closed
Saturday, August 1st, 2009
|
Single Family Homes
|
July 2009
|
June 2009
|
May 2009
|
April 2009
|
|
Median Price
|
399,000
|
399,000
|
390,000
|
380,000
|
|
Average Sale Price
|
436,782
|
447,142
|
436,427
|
426,311
|
|
Number of New Listings
|
2,089
|
2,244
|
2,235
|
2,010
|
|
Number of Sales
|
1,585
|
1,837
|
1,584
|
1,290
|
Tags:Calgary, Calgary real estate, Calgary Stats, Corley, homesbytessa, Rae, Tessa, tessacorleyrae
Posted in Daily Stats, Monthly Stats, Real Estate Media | Comments Closed
Wednesday, July 1st, 2009
| Single Family Homes |
June 2009 |
May 2009 |
April 2009 |
March 2009 |
| Median Price |
399,000 |
390,000 |
380,000 |
375,000 |
| Average Sale Price |
447,142 |
436,427 |
426,311 |
420.354 |
| Number of New Listings |
2,244 |
2,235 |
2,010 |
2,023 |
| Number of Sales |
1,837 |
1,584 |
1,290 |
1,086 |
Tags:Calgary, calgary homes, Calgary real estate, Calgary Stats, Condos, Corley, Homes, homesbytessa, Rae, Tessa, tessacorleyrae
Posted in Daily Stats, Monthly Stats, Real Estate Media | Comments Closed
Friday, May 1st, 2009
| Single Family Homes |
April 2009 |
March 2009 |
February 2009 |
January 2009 |
| Median Price |
380,000 |
375,000 |
375,000 |
413,049 |
| Average Sale Price |
426,311 |
420,354 |
415,568 |
374,700 |
| Number of New Listings |
2,010 |
2,023 |
2,057 |
2,068 |
| Number of Sales |
1,290 |
1,086 |
825 |
550 |
Tags:Agent, Alberta, Average Sale Price, Buyers, Calgary, Calgary real estate, Condominiums, Condos, Corley, CREB, First-Time Buyers, Homes, Listings, Median Sale Price, Rae, Real Estate Professionals, Realtor, Sales, Seller, Stats, Tessa
Posted in Monthly Stats, Real Estate Media | Comments Closed