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Stories Tagged - Calgary Real Estate News
Jan. 31, 2013 | CREBNow
Government Announces Lending Changes for Social Housing Projects
The Government — effective immediately — will be accepting the prepayment of closed CMHC mortgages with a yield maintenance prepayment penalty consistent with private lending institutions for eligible existing social housing projects that require capital repairs and renovations.
Jan. 30, 2013 | Cody Stuart
Report Suggests Office Activity to 'Surge' in 2013
In Morguard's 2013 Canadian Economic Outlook and Market Fundamentals Research Report, Calgary was singled out as one of the best markets in the country, with the organization predicting even more expansion in the coming year.
Jan. 30, 2013 | CREBNow
Inner City Living
Bankview resident Vanessa Vegter loves the fact her community is both affordable and conveniently located near 17th Avenue and several city bus routes.
Jan. 24, 2013 | Cody Stuart
How to: Prevent Frozen Pipes
Every year in Calgary, there are an average of 400 water main breaks. With an average of 2.6 people per household, that's a whole lot of Calgarians who are going to be left with messy clean ups or even put out of their home due to broken pipes. With the water in Calgary's water distribution system measuring between 1 and 3 Celsius, it takes very little exposure to colder temperatures for it to freeze. That's why it is important to make sure your water service lines are not exposed to colder air during winter months. CREB® Now has compiled a few steps homeowners can take to lessen the risks of a broken water pipe in their home.
Jan. 24, 2013 | CREBNow
Hirsch: Retail Still Going Strong in Alberta, For Now
"With warnings of lower oil prices and worries of lower provincial government spending in the coming budget, there may be a few anxious moments in store for some Albertans," said Hirsch adding those factors could pull back the reins of retail enthusiasm in the province for the coming months.
Jan. 24, 2013 | Cody Stuart
Pop the Question: Lisa Clement
CREB® Now took the time to chat with Lisa Clement, family services manager for Habitat for Humanity Southern Alberta about the PEAK Home Ownership Program administered by Habitat. PEAK is aimed at helping hard-working, middle-income Calgarians who need a hand qualifying for a mortgage. As well as sharing some insights on Calgary's housing scene, Clement — who moved to Calgary 10 years ago from Ottawa — also shared her thoughts on Calgary's strengths and why the kitchen is her favourite room in the house.
Jan. 23, 2013 | Cody Stuart
The Next Big Thing
According to CBRE, the cost of renting prime office space in Calgary's suburban market rose 16.3 per cent over the last year, placing the market amongst the top 10 risers in the world.
Jan. 23, 2013 | Cody Stuart
Looking to the Future
In a Maclean's article entitled Crash and Burn, substantial downturns in several major real estate markets across the country were shown as evidence that debt-heavy Canadians had "spooked" themselves into a housing crash.
Jan. 21, 2013 | CREBNow
Habitat for Humanity Recruiting Families
Habitat for Humanity's homeownership model empowers families to invest in homeownership. Through volunteer labour (or sweat equity), and donations of materials and funds, Habitat Southern Alberta builds and rehabilitates simple, decent houses with the help of homeowner (partner) families. In 2012, 16 local families partnered with Habitat for new homes.
