Ellyn Mendham credits teaching background to industry leadership

Ellyn Mendham describes her entry into real estate as a "fluke."

Originally an elementary school teacher in Philadelphia, then Nova Scotia, Mendham's credentials did not immediately transfer when she moved to Alberta.

"I needed to work and produce an income, and at the time I thought I would go back to teaching later," said Mendham. "By fluke, I got into real estate."

But after making her first sale – a home that went for $42,000 in 1975 – she quickly realized she loved the industry.

Supply gains contribute to inventory rise in soft housing market: CREB®

Calgary's residential resale housing market continued to exhibit signs of softness last month, according to CREB®.

The real estate board noted in its most recent housing summary that inventory levels continued to rise in May due to an increase in new listings and decrease in sales.

As a result, the benchmark price in the city decreased for the eighth consecutive month to $439,700. May's price represents a 0.3 per cent decline from last month, and four per cent from last year.

For the full report, click here.

Create a back-up plan with insulating fleece

It's early spring and it seems like time to plant.

Well go ahead and shop 'till you drop. But consider holding back on planting the tender plants such as Hosta, Begonias and even Marigolds unless you have a backup plan this spring.

I'm not talking a big plan like a home greenhouse or sturdy cold-frame. The backup plan can be as simple as a few meters of insulating fleece, also sold as Reemay or spunbond polyester. This light fabric is sold in packages at hardware stores and by the meter from rolls in garden centres.

It is sold in different thickness levels and is good for different degrees of frost. Even the thinnest, lightest fleece materials will give a few degrees of frost protection, and that is what we need in May in Calgary.

Condo developers using downturn as opportunity to build

The downturn in Calgary's economy is creating a much-needed opportunity for developers to reset and plan for the long-term, say experts, who also believe the apartment-style condominium sector stands to benefit the most.

Susan Veres, senior vice-president of strategy and business development for Calgary Municipal Land Corp. (CMLC), admits sales "have slowed" in the popular East Village community on the banks of the Bow River, but also said the timing of the current downturn is "almost fortuitous" for the up-and-coming area.

"It's serendipitous that we're actually focusing on construction this year," she said, whose company, CMLC, is wholly owned subsidiary of the City of Calgary that is currently revitalizing East Village.

ARRIVE at Bowness caters to attainable housing needs

Attainable Homes Calgary Corp. (AHCC), in partnership with Partners Development Group, recently lifted the veil on ARRIVE at Bowness, a new BuiltGreen townhouse development in city's northwest.

AHCC acquired the land from the City of Calgary when the organization was created in 2009. It has been planning the development with input from local residents for several years.

AHCC president and CEO John Harrop said the project's design was inspired by its surroundings.

Film centre represents just one example of efforts to transform local economy, say officials

Film production may be the world's glamour industry, but in Calgary it is shooting to become a new driver of Alberta's diversified economy.

Last week, the $28.2-million Calgary Film Centre opened in a Calgary southeast industrial park, about 20 minutes from downtown. The new facility includes three new sound stages spread across a total of 50,000 square feet and three multi-purpose workshop spaces offering an additional 15,000 square feet.

Calgary Economic Development president and CEO Mary Moran said the film and television industry is just one sector being focused on in attempt to diversify the local economy. CED predicts it could provide an annual $500-million injection into the economy in as little as five years, compared to its $175-million share today.

Lake communities making a splash with homeowners

When Alex Capicio and his wife Arlen started house hunting for their family of five, it was all about location.

Arlen worked at the South Health Campus, but the family also wanted to be close to neighbourhood niceties such as a lake.

The couple settled on Mahogany in the city's southeast in January 2014 and haven't looked back since.

Over the past five decades, Calgary's real estate industry has been bare to it all – from double-digit interest rates to densification. Continuing until the end of 2016, CREB®Now will weave together an incredible narrative of how the local housing industry has evolved through the unique perspectives of CREB®'s 30 remaining past presidents.

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Diane Scott's recalls her year as CREB® president in 2010 as one of contention, highlighted by a very public battle between the federal competition watchdog and the country's national real estate association.

Dubbed the "Competition Bureau years," Scott said the debate around what the bureau deemed "anti-competitive real estate rules," which it said limited consumer choice and prevented innovation, shook up the industry then, and its results have reverberated even to today.

"It had everyone pretty riled up," she remembered. "It was a very, very tough year for REALTORS® to understand the models were to be accepted, regardless of what model it was."

Startup aims to improve accessibility for all Calgarians

A new company founded by a familiar face is developing a game plan on how to improve accessibility of all city-owned buildings.

Darby Lee Young sat on the City of Calgary's advisory committee on accessibility for nearly five years – more than two of those years as the chair – before launching, earlier this year, the universal design consulting company Level Playing Field.

The Calgary-based firm will be auditing about 1,000 city-owned structures, including the Municipal Building, to determine improvements that need to be made to make the facilities accessible to people of all abilities.

Tips on who is responsible and for what

The smoke continues to clear from the devastating wildfire in Fort McMurray, which, at one point, was estimated to be three times the size of Edmonton.

While it could still be weeks or even months before resident are able to return to the city, landlords and tenants will have questions before then. The Centre for Public Legal Education Alberta (CPLEA) is offering these five tips: