Remax Top Realtors

RE/MAX Family Fun Day

Location:
Cardel Rec Center
333 Shawville Blvd SE
Time: 11:00 a.m. – 3:00 p.m.
Date: THIS SUNDAY – September 18th

 
RE/MAX wants to present their 5th Annual REMAX Family Fun Day in support of the Children’s Miracle Network, raising money locally for the Alberta Children’s Hospital Foundation. Please help us support this great cause, where 1 in 4 children in Calgary and surrounding areas will rely on care from the Children’s Hospital at least once before they are 18 years of age. Our proceeds go to the Greatest Needs List offering support to family centred care, life saving equipment and vital research.
Our goal is to raise $30,000 in 2016. This fundraiser is continuously gaining momentum and has raised over $40,000 so far.
Yearly over 94,000 children access the hospital so we need your help!
REMAX Family Fun Day is an event that continues to grow and without the help of attendees and sponsors like you this event wouldn’t be possible. So thank you for your continued support. This year we’ve added some new activities as well as improving on some previous ones, don’t worry this year we’ve hired twice the amount of face painters!
As always admission is free however if you decide you’d like to have your face painted or participate in any of the activity stations there is a small fee of $15 which will give the visitor unlimited access to all the activity stations. * All proceeds raised at the event go directly to the Children’s Miracle Network and Alberta Children’s Hospital Foundation.
Here’s a brief list of some of the great activities we’ve got in store!
———– Corporate Executive Sponsored Activities—–
Photo Booth – Sponsored By: The Vaults Development Corp http://thevaults.ca/
Face Painting – Sponsored By: CIBC
Magic Show
BBQ
——————— Other Activities ————————-
Laser Tag
Haunted House
Gladiator
Bouncy Castle
Bungee Run
Batting Cage
Iron Man Course – Sponsored By Rayacom
Dance Dance Revolution
Glitter/ Tattoos
Modudulate Obstable Course
Basketball
Car show – Sponsored By Axiom Mortgage Solutions
All proceeds raised will be in support of the Alberta Children’s Hospital Foundation & Children’s Miracle Network.
For more info or to purchase tickets please visit: http://remaxfamilyfunday.com/

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Demand down with net migration

In step with City census data on declining net migration levels, housing sales activity totaled 1,741 units in July, a 12.6 per cent decrease over last year and the 20th consecutive month of year-over-year sales declines.
“Continued pullback of sales activity is a sign of economic conditions,” said CREB® chief economist Ann-Marie Lurie. “The number of unemployed workers keeps rising and when you combine job losses with declining net migration, the result is going to be weaker housing demand.”
Slower sales were accompanied by declining new listings in July. This helped prevent further inventory gains and minimize the downward pressure on benchmark prices. By months end, the residential benchmark price was $440,000, similar to last month, but 4.2 per cent below July figures from the previous year.
While detached price seem to be leveling, this is not the case for all property types. With over six months of inventory in the apartment sector, oversupply continues to create steep price declines.
The apartment benchmark price totaled $277,000 in July, a 0.4 per cent decline over the previous month and 6.6 per cent below last year’s levels. City-wide benchmark prices for detached product totaled $502,300 in July, which is similar to last month, but 3.4 per cent lower than last year’s levels.
Meanwhile, semi and row attached product recorded a year-over-year decline of 3.1 and 5.5 per cent for July prices of $385,200 and $310,300. “To buyers and sellers that have been paying attention to the housing market in Calgary and surrounding areas, it should come as no surprise that we continue to see a slowdown in sales activity,” said CREB® president Cliff Stevenson.
“Buyers are expecting further declines in sold prices, and sellers are adjusting to softer demand with price decreases. When these expectations intersect, we’re seeing sales activity in the market, but not at the level realized over the last several years.”
Click on the following link to view the full .pdf of the July 2016 – City of Calgary Housing Market Statistics
Click Here to view the Regional Statistics for July 2016! 
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New Listing in Renfrew!

430 14 Avenue NE – $479,900 (MLS #C4073800)
A fantastic inner city location ideal for families, singles, couples or an investment property. This adorable character home with a functional floor plan is close to numerous amenities yet on a quiet street. Special features include: hardwood flooring, spacious dining room, updated kitchen with breakfast bar enjoy the view to the backyard, adorable front porch and back deck perfect for entertaining in your large private fenced yard complete with perennial flowers and a vegetable garden. Lower level offers 3rd bedroom with plenty of light complements of good sized windows , 2 piece bathroom, laundry room, recreation room & plenty of storage. Ample space for parking an RV next to the single garage with shelving & work bench. The cost of the new curbs has been paid. The thermostat is programmable for your convenience.This affordable home in a central area is close to schools, shopping & restaurants on Edmonton Trail. Easy access to the airport- walk or bike to downtown. Do not miss this Renfrew home! Click Here to view a virtual tour!
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Just Listed in Willow Park

9907 WILDE Road SE, $380,000

Incredible value and potential for the savvy investor or if you are handy and looking to renovate and have a lovely home that meets all of your desired tastes. Hardwood under the carpet, main and upper levels ,newer windows throughout , newer furnace ,the blinds (currently removed) are included and have a suggested retail price of $10k. Double garage ,west facing back yard. Fantastic location-just moments to South Centre Mall, Trico Center, Anderson LRT station, Fish Creek Library and much more! Do not miss out on this outstanding opportunity. Click Here for more information!
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Just Listed in Mount Pleasant – Executive Home!

807 26th Avenue NW – $1,575,000

Live in the sought after inner city community of Mount Pleasant- just steps from Confederation Park. Numerous custom features throughout: Hydronic heat system, AC on upper level, walnut hardwood, crown moldings, coffered ceiling in foyer, Hubbardton Forge & Murray Feiss lighting, Global custom blinds, open concept kitchen w/ inviting family room (including fireplace & built-in wall unit) the perfect area for entertaining (as well as a separate formal dining rm), all appliances are superior models, large patio doors leading to your SOUTH facing private yard, deck & lovely landscaped yard, main floor den, practical mudroom, upper level laundry, master bedroom includes a cozy sitting area with a fireplace- step out to your balcony enjoy the park & Nose Hill, fabulous 5pc ensuite/ separate dressing rm , the 2 additional upper bedrooms share Jack+Jill bathroom. You will appreciate the media/rec room,guest suite w/Thermasol steam shower on lower level. Spacious triple garage .This could be your dream home! CLICK HERE to view a virtual tour!


 

City of Calgary and Regional Monthly Statistics

Home prices down, but not out…
Calgary home prices continue to slide in most areas of the market, but not at the rate that many might expect. This is partly due to June’s resiliency in the detached and semi-detached sectors of the market, where sales compared to new listings and standing inventory started returning to more balanced levels.
“The detached market has been gradually moving towards more balanced conditions, helping to prevent price levels from declining at the faster rates we saw in the previous two quarters,” said CREB® chief economist Ann-Marie Lurie. “While this is welcomed news for sellers, it’s very likely that pricing challenges will persist in the housing market until economic conditions start to improve.”
Detached benchmark prices totaled $502,400, which is 0.4 per cent higher than last month, but 3.4 per cent lower than last year’s levels. This is the first time in eight months that detached prices recorded a monthly gain, helping ease the quarterly decline from 2.2 per cent in the first quarter to 0.7 per cent in the second quarter.
Overall sales activity remained relatively weak in June, falling by seven per cent to 2,028 units. Inventory levels went in the other direction and continued to climb in June to 5,973 units, 16 per cent higher than last year. Both the attached and apartment segments of the market have recorded inventory gains around 30 per cent, far greater than the year-over-year increase of five per cent in the detached sector.
Higher inventories and weaker demand continue to have a larger impact on pricing in the apartment and row sectors. June apartment prices slid by another 0.1 per cent over last month, pushing the average year-to-date benchmark price down 5.3 per cent below last year. Attached product experienced a monthly slide of 0.3 per cent, mostly due to steeper price declines in row style product.
“The price adjustments that we’ve seen in the past year have allowed some buyers to get into homes that were previously unattainable,” said CREB® president Cliff Stevenson. “This is especially true for homeowners with financial stability and a good amount of equity in their home. With so much choice out there, it’s giving consumers an opportunity to find their ideal home at a price they can afford.”

Click Here to view the full .pdf of the June 2016 City of Calgary Monthly Housing Statistics

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Click Here to view the full .pdf of the June 2016 Regional Monthly Stats Package

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Just Listed in the sought-after neighborhood, Sunnyside!

928 4A STREET NW – $749,000
Sunnyside is one of Calgary’s most desirable and sought-after neighborhoods. Pride of ownership is evident in this well maintained and upgraded home. Special features and renovations are numerous: open concept kitchen w/ granite, dual fuel stove/oven, several built in’s throughout the home allowing plenty of storage, West Bay window (overlooking adorable front porch) & East spacious balcony make this a bright sunny home, both bathrooms on upper level totally renovated (ensuite with sky lighting), comfortable master w/ vaulted ceilings & sliding doors to 2nd balcony w/ gorgeous views, upper level laundry, totally renovated lower level w/ rec room, wet bar & large Den and you will appreciate your double detached garage. One of the quietest streets in Sunnyside just 3 doors from a park, walk to Downtown, LRT, River Paths, Princes Island Park, Riley Park, shops & restaurants of Kensington Village. Click Here for the virtual tour!

Just Listed in the Beltline

#714 111 14 AV SE – $274,000

The “Richmond” – unbeatable value! A spacious and quiet 2 bedroom CORNER unit located on the TOP FLOOR of this well maintained building. Special features are numerous including: granite counter tops in kitchen and bathroom, freshly painted, tiled flooring, upgraded carpet, remodeled bath & kitchen, in suite laundry, convenient garbage chute, heated underground parking & condo fees including all utilities (there is a common party room with outdoor terrace which can be rented and is perfect for entertaining as well). You will enjoy your South facing balcony with sun room and fabulous view to the Stampede grounds and fireworks. Desirable location just steps to Stampede Park/Saddledome, 1st Street shops and restaurants, LRT, 17th Ave, Elbow river bike paths Talisman Centre and inside access to a convenience store. Inner city living at its finest with an easy and convenient lifestyle as well as an excellent investment!

CLICK HERE for a Virtual tour!

Just Listed in Hanson Ranch

4 bedroom, 3.5 bathrooms 2 Storey home – Do not miss this one! $485,000

Located in the quiet neighborhood of Hanson Ranch; this cozy 4 bedroom, 2 storey home with one of the largest yards on the block & a fully finished basement is not to be missed! Special features are numerous: beautiful hardwood floors, lots of light from large windows, open concept floor plan (excellent for entertaining), cozy gas fireplace, bright & spacious kitchen, lots of prep space & room for 2 cooks (plenty of storage & counter space), upgraded hood fan, built-in wine rack, pantry, bar style seating & large dining nook looking onto your yard. Master bedroom has 4pc ensuite; soaker tub/separate shower & walk-in closet. Lower level fully finished including large family room, 3pc bathroom & flex rm; perfect space for a nanny. Walking distance to grocery store, banks, liquor stores, Tim Hortons, 5 playgrounds/parks within walking distance, wildlife at ponds at base of the hill and school bus stop is just across the road. Easy commute via Beddington Trail/Deerfoot Trail, Stoney Trail, 14 ST & Shaganappi!
Click Here to view more photos! 

 
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Monthly Statistics Package for the City of Calgary

Housing supply swells in cool spring market

Calgary’s housing inventory was on the rise once again in May as new listings climbed and sales slowed to 1,923 units.

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“While recent oil price gains may have some feeling optimistic, weakness in the labour market continues to impact housing demand,” said CREB® chief economist Ann-Marie Lurie. “Job losses are spreading into other sectors, wages are declining and unemployment levels remain high. At the same time, we’re seeing housing supply levels rise in the rental, new home and resale markets.”
Inventory levels rose by 14 per cent in May to a total of 6,148 units. Every product type is experiencing these gains, but the largest inventory growth has occurred in the apartment and attached categories.
Together, these sectors represent half of all resale inventories in Calgary. “The resale apartment market has been the most difficult for sellers,” said CREB® president Cliff Stevenson. “They are competing with improved selection in the lower price ranges of the detached and attached markets, and facing increased competition from the new home sector, where builders are offering incentives to attract potential buyers.”
While apartment resale supply remains 22 per cent below the May high of 2,055 units in 2008, the combination of rising supply in the apartment sector and steep declines in sales activity has elevated months of supply to nearly six months.
The apartment sector of the market has experienced buyers’ conditions for more than 10 months, so the impact on pricing is more dramatic, compared to the detached and attached sectors.
In May, the apartment benchmark price totaled $278,500, a monthly and year-over-year decline of 0.7 and 5.6 per cent. In the detached and attached markets, home prices totaled $500,500 and $332,100, a year-over-year decline of 3.4 and 4.3 per cent.
Click on the following link for the May_2016 Calgary Housing Market Statistics Report