Unemployment rate slows housing market recovery. Easing sales, gains in new listings and elevated inventory levels continue to slow Calgary’s recovery in the housing market in August. “Calgary’s employment market has persistently high unemployment rates at 7.9 per cent and recent job losses in full time positions. The struggles in the employment market are one of the factors weighing on our local housing market,” said CREB® chief economist Ann-Marie Lurie. Click HERE to read the entire article.
Looking to have a fun filled weekend and enjoy it all for free? Here are some great ideas that we are sharing from Avenue Magazine. Click HERE for all the details.
This month, navigate a 10-acre corn maze, go to an outdoor movie screening and check out colourful murals at a new festival and much more! Click HERE for all the details.
Prices steady, but struggles in Alberta economy weighs on housing. Changes to the lending industry and a challenging economic recovery are weighing on sales activity in Supply levels have not adjusted to the weaker demand environment, and that is preventing price recovery. improved enough to offset the impact of changes in the lending -Marie Lurie. For the full report supplied by the Calgary real estate board please click HERE. Continue reading →
2804, 2808 & 2812 19th St NW Calgary each listed at $750,000. R-CG zoned. Tenants are not to be disturbed in any way. Tenants’ rights apply. City architectural test shows up to 4-5 three story row houses can be built on 2804 plus another 6-7 units on 2808 and 2812 (mid-block lots). These homes are very well maintained. Don’t miss this outstanding development opportunity with the three properties totaling 150 feet frontage. Continue reading →
44 Hardisty PL SW, Calgary $449,500. This is your opportunity to move into the established community of Haysboro located on a desirable quiet cul de sac. A well loved home with 3 bedrooms up, two 4pc bathrooms, gorgeous original hardwood flooring, combination living and dining room with lots of natural light. Functional kitchen with room for a table looking out to the back yard . Lower level has huge with 2 developed areas waiting for your personal touch to turn into the perfect media/rec rms (or add an additional bedroom if so desired). You will appreciate the over sized “man cave” detached garage with upper level for storage and extra room for RV parking. Walking distance to both elementary and high school as well as Heritage LRT/bus station and easy access to Downtown. Continue reading →
223 Scenic Way NW, Calgary $470,000. This former show home exudes pride of ownership and offers the best value in Scenic Acres! Perfect for entertaining this family home has sunshine on all levels (3rd level features an office and family room, it is cool in the summer and comfortably warm in the winter – you’ll enjoy the cozy fireplace in the winter months). The Lower level offers plenty of room for storage and a workout area if you choose. Numerous upgrades have been completed in this well maintained home over the years making it easy for you to just move in: New carpet, shingles, siding, outer walls, insulation in attic, windows, Hunter Douglas blinds, furnace & hot water tank & painted throughout. Upgrades in the kitchen include: newer counter tops, backsplash, appliances &tile. Ideally located in a quiet and friendly neighbourhood near bike paths, play grounds, schools, shopping and quick access to LRT! Don’t miss this outstanding opportunity.
5, 140 Point Dr NW, Calgary $385,000. Perfect for the first time home buyer or investor-Pride of ownership is evident in this superb inner city town home located just minutes’ walk to the river & pathway system. Numerous special features include: newer hot water tank ,neutral color scheme, wood burning fireplace in living rm w/sliding doors exiting onto lovely private fenced patio/yard w/large new deck to enjoy, newer kitchen appliances,durable “espresso” laminate flooring, reno’s bathrooms (main bath w/soaker tub),2 bedrooms + den/spare room/office w/ French doors, spacious master w/large closet, custom built closets & insulated attached garage w/new door. Highly desirable location w/close proximity to downtown, reputable schools, hospitals,Kensington, Market Mall, Riverside gym w/pool, Riverside Golf Centre, bike paths, park, tennis courts & local small businesses (bakery, icecream, restaurant, wine store-all within walking distance).Fantastic sense of community-a beautiful neighbourhood which is central yet not in the middle of downtown. Continue reading →
1204 1330 15th AVE SW, Calgary $224,000. Stunning views from this well located 12th floor condo perfect for the urban professional. You will appreciate the bright open concept floor plan with patio doors from your spacious living room leading to your balcony with beautiful downtown views. Special features include: freshly painted in neutral color scheme, new linoleum, in suite laundry and storage, heated underground parking and a well run building with condo feels including both heat and electricity. Wellington Estate’s location is fantastic as it is just 2 blocks off of trendy 17th Ave, walk to Kensington and river pathway system, steps from Starbucks & only a few blocks from the downtown core. Continue reading →
A recent RE/MAX survey conducted by Leger found more than one in four Canadian homebuyers report feeling pinched by the stress test, which came into effect in January of this year. However, projections for the spring market show optimism with most markets expected to remain stable or improve. For the full report click HERE. Continue reading →