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January 2014

Found 4 blog entries for January 2014.

Mahogany communityGet ready for a snowballing good time in Mahogany! On Saturday, Feb. 1, the Mahogany Homeowners Association is going to host its yearly Winter Celebration, which promises to be a great time for Mahogany families to get outside, have some fun and meet neighbours.

Mother Nature is unpredictable, but residents are in for a great time with a host of items on the agenda (some depending on the weather). Plans call for snow shoeing, a shinny hockey game (bring your gear) and recreational skating on the lake, street hockey on the basketball court (bring your sticks) and a kite boarding demonstration. And last, but not least, there is a plan for everyone to get together and build one of the biggest snow forts Calgary has ever seen!

In addition, there will be a

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Calgary Real Estate News

Read all about it! Don’t miss the most important events in Calgary real estate news for the weeks of December 29, 2013 - January 11, 2014. Compliments of the Calgary Home Team.

Banks, Insurance Companies Clamp Down On Financing Post-Flood, CBC

Residents are in a state of frenzy and frustration following the recent announcement by many banks and insurance companies that, due to Calgary being an unpredictable area post-flood, financing options will be reduced for home owners. The news comes seven months after the southern prairies were destroyed by the torrential phenomena.

Companies are laying down a blanket policy, wherein any homes within the vicinity of certain high risk area codes must inherit extra conditions to mortgages and financial

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Let's have a look some of the most expensive homes sold in Calgary over the last year. The luxury home market in the city is really interesting at the moment - it's absolutely booming. There have been reports of growth of over 30% for this high end market. The reasons for this include growing international investment in the province's energy sector, net migration (both interprovincial and from overseas) and low interest rates.

According to CREB® stats, an amazing 727 homes in Calgary sold for more than $1,000,000 in 2013 and eight of those went for over $4,000,000. In fact, the city is experiencing such strong demand for high-end homes that there is a shortage of available properties in the $1-2 million price range. Currently, Calgary has the top

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Looking Back Over 2013 Performance

Everyone’s talking about it. Calgary is the country’s top real estate market for the second year running! Several of the country’s largest papers have run stories about Calgary’s hot real estate market and now CREB® yearly statistics are bearing that out. For the first time since 2007 total sales have pushed above the long term average and prices for single family homes are higher than ever. Both of these stats add up to great news for those considering selling their home.

Sales Volume Climbs

Both sales volume and prices far out-performed CREB® predictions at the start of the 2013. It has particularly been a standout year for single family homes, where growth had been expected to ease off to just 1.8% and a price

1,176 Views, 6 Comments