Calgary's trusted source of real estate news, advice and statistics since 1983.
Stories Tagged - YYCRE
March 01, 2017 | Karen Durrie
Renovate to Stay
Calgary couple renovates instead of moving and loves the result
Fifteen years ago, Glen and Janet Belbeck moved into their brand new spec home in McKenzie Towne's Inverness area. Back then, the community sat at the extreme end of the city, with coyotes, deer and rabbits frolicking in the fields nearby.
More than a dozen years later, the couple, with two kids grown up and moved out, decided to purchase a McKenzie Lake home with their dream view of the mountains, overlooking the Bow River.
But when the economy went sideways, and their Inverness home's outdated country kitchen failed to impress buyers who had showhomes to choose from in newer neighbourhoods, the Belbecks decided to stay put and invest in a large-scale renovation.
Feb. 16, 2017 | Kathleen Renne
Colour your world
Tiffany Pratt loves colour.
An interior designer, stylist and host of HGTV Canada's Home to Win and Buy It, Fix It, Sell It, she's also a self-proclaimed "rainbow hunter" and "rainbow thrower." Even her vibrantly hued hair, which takes inspiration from the rainbow, attests to her passion for palettes.
It's no surprise, then, that colour will take centre stage when Pratt makes her debut at this year's Calgary Home + Garden Show.
Feb. 07, 2017 | Donna Balzer
Even plants need a spa day
How to freshen up houseplants in the shower
Do you have a layer of dust on your indoor plants from the pre-Obama era?
As the sun shines on my plants, I can see it's been too long. If I can write my name on the leaves in dust, I know it's time to send my greenery to the shower.
Light levels are so low in February in Calgary that any extra interference, like dust, slows houseplants down and blocks the already limited light. If leaf tips are browning or whole leaves yellowing, the plant is probably cutting its losses by getting rid of the lazy leaves that are too shaded to give back.
In nature, regular rains wash leaves clean, but in your apartment or house, plants need a helping hand.
Feb. 16, 2017 | Kathleen Renne
Fringe benefits
After renting a condo in Marda Loop for the past ten years, Kerri-Lyn Ouellette is moving: She's buying a condo in the suburbs. Her choice? Hopewell Residential's Sandgate development in Mahogany.
"Marda Loop isn't affordable for a single woman with a middle income. Condos in the suburbs, however, are affordable," said Ouellette, adding that Sandgate condos start in the $190s range.
Ouellette says market conditions played a primary role in her decision to buy now.
Feb. 16, 2017 | CREBNow
For the people, by the people
Honest. Dedicated. Personable.
While those adjectives may describe the perfect best friend, they also outline the character traits of the People's REALTOR® – a prestigious award that recognizes real estate professionals whose client-first mentality shatters expectations.
Part of CREB®'s annual ROAR Awards, candidates for the People's REALTOR® Award are nominated by the public for being the best of the best in the eyes of their clients.
Jan. 19, 2017 | Kathleen Renne
What's hot for homes in 2017
One could describe Calgary-based interior designer Amanda Hamilton as trend averse.
"Focusing on trends is a sure way to date your home," she said, pointing to dwellings from the 1980s that show their vintage via their yellow-oak interiors and brass details. "We don't follow trends. Trends are interesting for people who are into fast design."
Hamilton added current economic conditions can also further influence trends' relevance.
Jan. 10, 2017 | CREBNow
5 things about CREB® 2017 forecast
CREB® has released its annual economic outlook and regional housing forecast. But what does it all mean? CREB®Now takes readers through the numbers.
18,335
After posting successive sales declines in 2014 (25,552), 2015 (18,839) and 2016 (17,809), CREB® is forecasting MLS® activity in Calgary to rebound slightly in 2017. Citywide sales are expected to total 18,335 units, a three per cent gain over 2016, but 12 per cent below long-term averages. By category, detached sales are predicted to hit 11,550 in 2016, while attached and apartment sales will reach 4,002 and 2,783, respectively.
Jan. 11, 2017 | Joel Schlesinger
Barriers to recovery
Recent changes by the federal government to mortgage lending rules will likely serve as headwinds for the city's recovering real estate market in the coming year, said CREB® in its 2017 Economic Outlook and Regional Housing Forecast.
Since 2008, the federal government has been tightening mortgage lending rules.
Jan. 09, 2017 | Joel Schlesinger
Bottoms up
Lower prices and added choices created buyers' conditions in Calgary's attached and apartment sectors in 2016. But a slow recovery is expected in 2017, bringing both sectors into better balance, says CREB®'s 2017 Economic Outlook & Regional Housing Market Forecast.
The degree to which they'll the "other half" will get there will differ, however. While the attached sector is set to post positive overall numbers, apartment sales and prices will be moderated by persistently high inventory levels.
Jan. 28, 2017 | Miles Durie
CUTTING THE CORD
More Canadian homes are abandoning conventional TV services
If you're the New Year's resolution-making type — and more than half of us are, statistically speaking — it's likely that better financial decision-making is one of your goals for 2017.
You're not alone; spending less money was one of the top three resolutions in a survey done earlier this month by the Statistic Brain Research Institute in the U.S.
So it follows that you'd be interested in saving anywhere from around $50 to $100-plus a month by making a simple change that would have virtually no impact on your quality of life, right?