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September 2008 - Posts

Tuesday, September 30, 2008 12:37 PM

Finally.. a drop in MLS listings across Canada

MLS listings drop across Canada Local figures out Wednesday Times Colonist Published: Tuesday, September 30, 2008 Canadian sellers are backing off listing houses and other properties for sale now that prices and transactions have dropped at the same time
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Tuesday, September 30, 2008 12:33 PM

"Stable Canadian Housing Market?"

See article published in the Financial Post Canada close to buyer's market, but not a bust: CIBC Eric Beauchesne, Canwest News Service Published: Tuesday, September 30, 2008 OTTAWA -- The Canadian housing market is close to becoming a buyer's
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Saturday, September 27, 2008 10:27 AM

Future Building in Calgary Still going Strong

Building the future Chuck Chiang, Calgary Herald Published: Saturday, September 27, 2008 For all the talk of a slowdown in local real estate markets, development on new communities on Calgary's periphery continues unabated. This fall, developers once
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Saturday, September 27, 2008 10:25 AM

Still Buyers in Calgary's Real Estate Market

Homebuyers gauging market Marty Hope, Calgary Herald Published: Saturday, September 27, 2008 Calgarians are still gung-ho about buying new homes. For some reason, I can't see 5,000 to 7,000 people attending the grand opening of a new community just
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Friday, September 26, 2008 10:06 AM

OPEN HOUSE

Join me at the following Open House's this weekend between 1-4pm.. Saturday Sept 27,2008 15 Panorama Hills Square NW. $498,500 MLS#C3348222 Sunday Sept 28,2008 1734 32 Ave SW $449,900 MLS#C3332966 Mortgage Specialist Pat Hancock will be onsite to
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Friday, September 26, 2008 9:54 AM

Why the housing market is not set to melt down!

Courtesy of Pat Hancock BMO mortgage Specialist... Why the housing market is not set to melt down Globe and Mail Update Thursday, September 25, 2008 While the “best days” for Canada's real estate markets may be over, comparing the Canadian
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Thursday, September 25, 2008 9:42 AM

Chilly Fall housing market predictions...

Housing market feels fall chill Canada warned it may follow U.S. meltdown Geoffrey Scotton, Calgary Herald Published: Thursday, September 25, 2008 Two prominent economists warned Wednesday Canada's housing market is at a tipping point and could trigger
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Thursday, September 25, 2008 9:39 AM

Deluge of Expired listings in Calgary's Real Estate Market

Old listings seen piling up Mario Toneguzzi, Calgary Herald Published: Thursday, September 25, 2008 The number of residential MLS listings in the Calgary area that have expired without a sale soared in the month of August to nearly double what it was
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Saturday, September 20, 2008 7:43 AM

Calgary builders Optomistic

Published in The Calgary Herald Saturday September 20,2008. City builders hopeful despite slowdown Kathy McCormick, Calgary Herald Published: Saturday, September 20, 2008 The only Calgarians hoping to see more traffic these days are builders. People are
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Wednesday, September 17, 2008 3:26 PM

Summary of Real Estate related news events September 11- September 17, 2008

Courtesy of Patricia Hancock, BMO Mortgage Specialist News Summary Date: September 11, 2008 – September 17, 2008 Industry News Conservatives offer $5,000 tax break for first-time home buyers – Herald A Conservative government would offer first-time
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Tuesday, September 16, 2008 5:49 PM

Just Sold in Calgary

72 Tuscany Ravine View-Represented Buyer 387 Shawnessy Drive- Represented Buyer 1399 Falconridge Drive-Represented Buyer 1451 McAlpine Street Carstairs-Represented Buyer 28 Meadowview Rd-Represented Buyer Do not hesitate to contact me for any of your
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Monday, September 15, 2008 8:10 PM

Continuing declining house prices..

Canadian housing sales, prices fall Canwest News Service Published: Monday, September 15, 2008 OTTAWA - The Canadian Real Estate Association on Monday reported declines in unit sales and prices for the housing market in August, with buyers taking a pass
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Monday, September 15, 2008 8:06 PM

"Slowing Calgary Economy"

Calgary economy slowing, but expected to weather global economic turmoil: CED Mario Toneguzzi, Calgary Herald Published: Monday, September 15, 2008 CALGARY - Calgary's economy is hitting the brakes from the breakneck speed of years past, but fundamentally
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Saturday, September 13, 2008 5:36 PM

Continuing decline in Calgary's Real Estate Market is predicted!

Resale prices to decline up to 20 per cent Marty Hope, Calgary Herald Published: Saturday, September 13, 2008 I hate to be the bearer of bad news -- at least, for sellers of used homes. The direction of resale home prices will continue to be straight
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Friday, September 12, 2008 6:50 AM

Falling Home Prices

REAL ESTATE Cooling Vancouver leads fall in house prices LORI MCLEOD AND NORVAL SCOTT September 12, 2008 TORONTO and CALGARY -- A slump in sales in Vancouver dragged the average price of an existing home in Canada lower last month, and new-home prices
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Thursday, September 11, 2008 3:53 PM

Back Normal for the Condo Market!

see article below by Kathy McCormick of the Calgary Herald. Condo market returning to normal Kathy McCormick, Calgary Herald Published: Thursday, September 11, 2008 It's all in the perspective. "I remember seeing an article in the Calgary Herald
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Thursday, September 11, 2008 3:49 PM

Great time for Buyers in Calgary's Real Estate Market

It's a buyer's market - for now Barb Livingstone, Calgary Herald Published: Thursday, September 11, 2008 Free cars. Subsidized mortgage rates. Thousands of dollars in free upgrades. These have all been sweeteners in the last few months for people
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Wednesday, September 10, 2008 11:06 AM

Drop in New Housing Starts

Courtesy of the Calgary Herald's Mario Toneguzzi Housing starts dive 60 per cent Single-detached construction at lowest level since 1990 Mario Toneguzzi, Calgary Herald Published: Wednesday, September 10, 2008 Two more signs emerged Tuesday that Calgary's
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Saturday, September 06, 2008 10:50 AM

Back to "Normal" Calgary Housing Market?

What do you think of the Article in Saturday Sept 6th edition of the Calgary Herald? Housing inventory reaching 'normal levels' Marty Hope, Calgary Herald Published: Saturday, September 06, 2008 Ron Esch isn't quite sure yet where resale single-family
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Saturday, September 06, 2008 10:44 AM

Canadians' enjoying US Housing Market!

Meet the Nouveaux Neighbors Canadians Now Biggest Foreign Buyers Of U.S. Homes; Baguettes, Pâté at Parties By JUNE FLETCHER September 5, 2008; Page W8 Andre LeBel knew he had come home when he walked into a bar in St. Petersburg, Fla., ordered
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Saturday, September 06, 2008 10:34 AM

"Fintrac" Money Laundering "Targets Developers"

New money laundering rules target developers Real estate deals to face increased scrutiny in '09 By Monte Stewart - Business Edge Published: 09/05/2008 - Vol. 8, No. 18 Canada's real estate developers face tougher transaction-reporting rules as
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Saturday, September 06, 2008 10:27 AM

Slumping Home Prices In Alberta.. Great News for Buyers!!!

Courtesy of the Edmonton Sun. Neil Waugh Published Thursday Sept 4, 2008. It's now 13% and falling. How far has the Alberta housing market got to go before it hits bottom is hard to say. But the days of the half-billion-buck three-bedroom bungalow
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Saturday, September 06, 2008 10:03 AM

Calgary House Prices' Continue To Drop

Calgary housing market update Updated: Wed Sep. 03 2008 18:16:40 ctvcalgary.ca Housing prices in Calgary continue to fall but the city's real estate board says the slide may almost be over. The Calgary Real Estate Board says the average price of a
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Saturday, September 06, 2008 10:00 AM

"Great Time to Buy"

awesome time for buyers' to be looking.. great selection! Great Prices.... Calgary home prices fall September 02, 2008 - 6:49 pm Glory Przekop It keeps getting cheaper and cheaper to buy a house in our city. Based on numbers from this past August
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Saturday, September 06, 2008 8:43 AM

"Calgary Housing Prices still coming down"

Average sales price for a house in Calgary drops 9% Mario Toneguzzi , Calgary Herald Published: Tuesday, September 02, 2008 CALGARY - The average MLS sale price for a single-family home in Calgary fell by more than nine per cent in August compared with
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Saturday, September 06, 2008 8:36 AM

"Declining used Home Sales"

Sales of used homes decline as price rise slows in Canada Marty Hope, Calgary Herald Published: Saturday, August 30, 2008 Forget the past 20 months -- they were an anomaly. What the Canadian real estate sector is moving toward is a more balanced market,
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