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May 2009 - Posts

Calgary Real Estate Market Showing Signs of a Comeback?

Rising Calgary resales reveal recovery signs Market may have finally bottomed out By Marty Hope, Calgary Herald May 16, 2009 There is a feeling, just a niggling itch, among industry insiders that maybe Calgary's resale market has bottomed. Sales for

Calgary Homes Becoming Affordable for First Time Home Buyers!

Affordability drives increase in home sales First-time buyers generate interest By Marty Hope, Calgary Herald May 16, 2009 Calgary's resale housing market is chugging along. Once in a while, you hear of a home that has attracted more than one buyer,

CREA Forecast Price Decrease in MLS Sales!

Alberta's MLS sales price to dip in '09, '10: CREA By Mario Toneguzzi, Calgary Herald May 14, 2009 CALGARY - The average residential MLS sale price in Alberta is forecast to fall by 8.8 per cent this year and another 1.1 per cent in 2010,

Signs that Canada's Real Estate Market is Looking Up!

Canada's housing market 'on the mend' HEATHER SCOFFIELD AND RICHARD BLACKWELL May 15, 2009 OTTAWA, TORONTO -- Low mortgage rates and softer home prices helped sharply boost April's house sales, which rose for the third month in a row.

As Economy Weakens Mortgage Fraud in Calgary Increases!

Mortgage frauds on the rise in Calgary Scams start to unravel as economy falters By Gwendolyn Richards, Calgary Herald May 6, 2009 CALGARY - About two years ago, in a lawyer's office, Linda put her signature on a document she believed would help someone

Jury Still Out on Real Estate Market Rebound!

Spring rally won't last, realtors say VIRGINIA GALT May 6, 2009 Canadian homeowners will likely have to wait until next year to see a solid rebound in real estate prices, the heads of two of Canada's largest real estate firms said yesterday. The

"Similar Economies". "Different Real Estate Markets"!

Real estate markets differ though economies similar for Calgary and Houston Real estate markets in Calgary and Houston are different on several fronts, even though energy indsutry drives both economies. By Mario Toneguzzi, Calgary Herald May 5, 2009 Major

Calgary April MLS Statistics

April 2009 showed an increase in resale homes in Calgary. The resurgence of first time home buyers is a welcome addition to the market place. Low interest rates are helping to increase home sales in the real estate market in Calgary. A great time for

Resale Housing Market In Calgary on Rebound!

Calgary resale housing market rebounded in April By Mario Toneguzzi, Calgary Herald May 1, 2009 3:02 PM CALGARY - Despite a continued economic malaise, job losses and economic uncertainty, Calgary’s resale housing market surprisingly rebounded in