Calgary's trusted source of real estate news, advice and statistics since 1983.
Stories Tagged - Uncategorized
News
June 23, 2016 | Alex Frazer Harrison
Over-under
Housing officials cite increasing rates of overcrowding in Calgary's housing market
Housing experts say a soft labour pool brought upon by weak economic conditions is partly to blame for increasing rates of overcrowding, or "underhousing" in Calgary homes.
RESOLVE executive director Sheryl Barlage – whose organization is made up of nine partner agencies aimed at building affordable and supported rental homes for 3,000 homeless and vulnerable Calgarians by March 31, 2018 – says about 3,500 Calgarians were considered homeless in a recent Homeless Foundation survey, with about 14,000 at risk of homelessness – and that doesn't include people "couch-surfing."
With the economic downturn, "we know fundamentally that number is up. It's hard to get a handle; people are one paycheque away (from homelessness) or aren't in appropriate housing. And the current economic climate (as well as) social issues are impacting the need. But the need has always been urgent."
Housing experts say a soft labour pool brought upon by weak economic conditions is partly to blame for increasing rates of overcrowding, or "underhousing" in Calgary homes.
RESOLVE executive director Sheryl Barlage – whose organization is made up of nine partner agencies aimed at building affordable and supported rental homes for 3,000 homeless and vulnerable Calgarians by March 31, 2018 – says about 3,500 Calgarians were considered homeless in a recent Homeless Foundation survey, with about 14,000 at risk of homelessness – and that doesn't include people "couch-surfing."
With the economic downturn, "we know fundamentally that number is up. It's hard to get a handle; people are one paycheque away (from homelessness) or aren't in appropriate housing. And the current economic climate (as well as) social issues are impacting the need. But the need has always been urgent."
News
June 20, 2016 | Alex Frazer Harrison
Consistent traction
Housing professionals say upscale communities such as Heritage Pointe showing staying power
The lure of the luxury lifestyle is still drawing homebuyers to exclusive communities in and around Calgary despite some challenges in the local economy, say industry professionals.
Albi Homes community manager Amy Koehn notes Artesia in Heritage Point south of the city, for example, "is one of our busiest communities. It's very consistent and there's a lot of traction with the product here."
Koehn cites the community's lower density and larger lot sizes as motivators to buy in upscale communities such as Heritage Pointe.
The lure of the luxury lifestyle is still drawing homebuyers to exclusive communities in and around Calgary despite some challenges in the local economy, say industry professionals.
Albi Homes community manager Amy Koehn notes Artesia in Heritage Point south of the city, for example, "is one of our busiest communities. It's very consistent and there's a lot of traction with the product here."
Koehn cites the community's lower density and larger lot sizes as motivators to buy in upscale communities such as Heritage Pointe.
News
June 20, 2016 | Marty Hope
Outside interest
Builders busy in surrounding region
Homebuilders and developers continue to be active in the surrounding area, with a number of new, highly anticipated communities under various stages of development.
CREB®Now takes a closer look at several noteworthy projects currently underway:
Harmony in Springbank
Harmony, located west of the City adjacent to the TransCanada Highway, is a joint-venture management partnership between Bordeaux Developments and Qualico Communities. The master-planned community will not only have 3,500 homes when all is said and done, but will also have its own village retail core and a large lake and wetland area.
Homebuilders and developers continue to be active in the surrounding area, with a number of new, highly anticipated communities under various stages of development.
CREB®Now takes a closer look at several noteworthy projects currently underway:
Harmony in Springbank
Harmony, located west of the City adjacent to the TransCanada Highway, is a joint-venture management partnership between Bordeaux Developments and Qualico Communities. The master-planned community will not only have 3,500 homes when all is said and done, but will also have its own village retail core and a large lake and wetland area.
News
June 18, 2016 | Cailynn Klingbeil
55 Years of Real Estate: 1997 CREB® President Patti Beaudry
Former CREB® president Patti Beaudry recalls city's fast pace in 1997
Former CREB® president Patti Beaudry recalls 1997 as a bright spot in Calgary's real estate history, in which resale housing activity and prices hit then peak levels and the city's population experienced a newfound surge.
The economy was vibrant, with new jobs bringing newcomers to the city by planes, trains and automobiles, recalled the 35-year real estate veteran, who guided the organization's board of directors through its boom year. By year's end, the city's population gained 3.3 per cent to 934,300 compared to 2.4 per cent growth the year prior. Three years later, it hit the once-mythical one-million mark.
Calgary's housing market at the time illustrated the impact of this new wave of new residents. Sales in the resale residential sector jumped more than 20 per cent to 18,423, while prices surged by more than six per cent to $146,788, according to CREB®.
Former CREB® president Patti Beaudry recalls 1997 as a bright spot in Calgary's real estate history, in which resale housing activity and prices hit then peak levels and the city's population experienced a newfound surge.
The economy was vibrant, with new jobs bringing newcomers to the city by planes, trains and automobiles, recalled the 35-year real estate veteran, who guided the organization's board of directors through its boom year. By year's end, the city's population gained 3.3 per cent to 934,300 compared to 2.4 per cent growth the year prior. Three years later, it hit the once-mythical one-million mark.
Calgary's housing market at the time illustrated the impact of this new wave of new residents. Sales in the resale residential sector jumped more than 20 per cent to 18,423, while prices surged by more than six per cent to $146,788, according to CREB®.
News
June 12, 2016 | CREBNow
Okotoks launches parks and recreation plan initiative
To guide Town for next 20 years
Okotoks has launched a new parks and recreation initiative that it hopes will guide planning efforts for the growing community south of Calgary.
The master plan is designed to provide an overall framework to guide the development, delivery, and continuous improvement of parks and recreation programs, services, and facilities for the next 10 to 20 years.
"Parks and recreation are important services that help us enjoy a great quality of life in Okotoks. The Recreation, Parks and Leisure Master Plan is a key initiative to help us effectively plan for the future of these services," said Mayor Bill Robertson.
Okotoks has launched a new parks and recreation initiative that it hopes will guide planning efforts for the growing community south of Calgary.
The master plan is designed to provide an overall framework to guide the development, delivery, and continuous improvement of parks and recreation programs, services, and facilities for the next 10 to 20 years.
"Parks and recreation are important services that help us enjoy a great quality of life in Okotoks. The Recreation, Parks and Leisure Master Plan is a key initiative to help us effectively plan for the future of these services," said Mayor Bill Robertson.
News
June 11, 2016 | Mario Toneguzzi
Sellers adjust to buyers' market: CREB®
Reality starting to sink in, says board president
Calgarians looking to sell their homes are slowly coming to the realization that it's a buyers' market and are beginning to manage their price expectations, says CREB® president Cliff Stevenson.
"I think there's still something to the fact that sellers are still adjusting to this – to the fact the pendulum has definitely swung in the buyers' favour. I think you've got some sellers that are obviously taking a bit longer to figure this out than others," said Stevenson, noting CREB® officially labelled it a buyers' market in November 2015 after three consecutive months of inventory increases.
Calgarians looking to sell their homes are slowly coming to the realization that it's a buyers' market and are beginning to manage their price expectations, says CREB® president Cliff Stevenson.
"I think there's still something to the fact that sellers are still adjusting to this – to the fact the pendulum has definitely swung in the buyers' favour. I think you've got some sellers that are obviously taking a bit longer to figure this out than others," said Stevenson, noting CREB® officially labelled it a buyers' market in November 2015 after three consecutive months of inventory increases.
News
June 10, 2016 | Jamie Zachary
Calgary receives national award for ePermit service
Canadian Association of Municipal Administrators recognizes online tool
The City of Calgary's residential ePermit service captured top honours recently with a national award of excellence from the Canadian Association of Municipal Administrators (CAMA).
The online permitting tool, which launched last fall, won the 2016 CAMA Willis Award for Innovation in the Over 100,000 Population category.
Other winners in the category included Kindersley, Sask's, waste water project (Under 20,000 Population category) and Saint John, N.B.'s "one-stop development shop" initiative (20,001 to 100,000 Population category).
The City of Calgary's residential ePermit service captured top honours recently with a national award of excellence from the Canadian Association of Municipal Administrators (CAMA).
The online permitting tool, which launched last fall, won the 2016 CAMA Willis Award for Innovation in the Over 100,000 Population category.
Other winners in the category included Kindersley, Sask's, waste water project (Under 20,000 Population category) and Saint John, N.B.'s "one-stop development shop" initiative (20,001 to 100,000 Population category).
News
June 09, 2016 | Joel Schlesinger
House rules
New national standards for home inspections will benefit consumers, industry says
Calgary home inspector Alan Fisher has heard his share of horror stories from homeowners who received less-than-optimal inspections prior to buying their homes.
Sadly, he said these tales of domestic woe are largely preventable given most stem from the unfortunate reality that not all home inspectors are equal when it comes to ferreting out potential issues.
"There are people out there offering a seven-day course where you write the test and you're certified," said Fisher, who owns Calgary-based Integra Home Inspection Services.
Calgary home inspector Alan Fisher has heard his share of horror stories from homeowners who received less-than-optimal inspections prior to buying their homes.
Sadly, he said these tales of domestic woe are largely preventable given most stem from the unfortunate reality that not all home inspectors are equal when it comes to ferreting out potential issues.
"There are people out there offering a seven-day course where you write the test and you're certified," said Fisher, who owns Calgary-based Integra Home Inspection Services.
News
June 06, 2016 | Cailynn Klingbeil
55 Years of Real Estate: 2011 CREB® president Sano Stante
Secondary suites and sustainability highlight Sano Stante's year as CREB® president
The year was 2011: Naheed Nenshi was in his first full year as mayor, secondary suites had become part of Calgarians' daily lexicon and the term "sustainability" had started to creep into community development.
Looking back at it now, then CREB® president Sano Stante noted his year at the helm not only gave him a front-row seat to the action, but an enviable opportunity to influence change.
He noted his work with CREB® in advocating council to legalize secondary suites across the city stands out the most from his year of presidency.
"It's something I was really proud of," said Stante.
The year was 2011: Naheed Nenshi was in his first full year as mayor, secondary suites had become part of Calgarians' daily lexicon and the term "sustainability" had started to creep into community development.
Looking back at it now, then CREB® president Sano Stante noted his year at the helm not only gave him a front-row seat to the action, but an enviable opportunity to influence change.
He noted his work with CREB® in advocating council to legalize secondary suites across the city stands out the most from his year of presidency.
"It's something I was really proud of," said Stante.
News
June 06, 2016 | Alex Frazer Harrison
Time and a place
Seniors' groups welcome potential option to aging in place
Seniors' advocates in Calgary are cautiously praising a city council decision to look at a University of Calgary pilot project that's studying laneway housing as an option to aging in place.
In mid-May, council agreed to support a motion by Coun. Gian-Carlo Cara that would have City administration work with the university as it embarks on the next phase of its Aging-In-Place Laneway Housing project.
Kerby Centre CEO Luanne Whitmarsh called the idea, "a really interesting concept," but added more study needs to be done, such as ensuring that, "it isn't just going to make more isolation.
"Also, what does it look like? If (seniors) still need support and there are people entering the home instead of a grassy front yard, it's a back alley. We have to look at quality of life," she said.
Seniors' advocates in Calgary are cautiously praising a city council decision to look at a University of Calgary pilot project that's studying laneway housing as an option to aging in place.
In mid-May, council agreed to support a motion by Coun. Gian-Carlo Cara that would have City administration work with the university as it embarks on the next phase of its Aging-In-Place Laneway Housing project.
Kerby Centre CEO Luanne Whitmarsh called the idea, "a really interesting concept," but added more study needs to be done, such as ensuring that, "it isn't just going to make more isolation.
"Also, what does it look like? If (seniors) still need support and there are people entering the home instead of a grassy front yard, it's a back alley. We have to look at quality of life," she said.