Archive for the ‘Calgary’ Category

Calgary’s Real Estate Market Surpasses All-Time Avg. Home Sales Price Record

Monday, March 3rd, 2014

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Don’t let the cool temperatures outside fool you. Calgary’s Real Estate Market is on fire!! The all-time average home price record was smashed in February! The average home sales price was $482,529, easily beating last June’s record of $466,466.

It is a great time to take advantage of these favorable conditions and consider selling. On the other hand, it is still a good time to buy as Calgary is considered one of Canada’s most affordable housing markets and prices are on the rise. Contact us today!

Source: Calgary Herald – http://www.calgaryherald.com/business/real-estate/Calgary+housing+market+sets+time+price+records/9571808/story.html

WE are the Home Sweet Home Team. WE are your go-to Greater Calgary real estate experts. Real estate is not a job for us, it is our passion.

If you are interested in selling or buying a Calgary property please Contact Us today! We can’t wait to get started.

Home Sweet Home Team

agent@homesweethometeam.ca

                                                                                                                      403.874.9021

 

 

Calgary Places as the Number Two City in the World Prosperity Ranking

Wednesday, February 26th, 2014

Prosperous Calgary Picture

According to the  Toronto Region Board of Trade’s 2014 Scorecard on Prosperity, Calgary ranked in as the 2nd most prosperous city in the world. Calgary ranked behind only Paris, France in terms of prosperity.

Calgary’s robust income, coupled with a very strong employment grate and growth are the main factors behind the top two ranking. Other major reasons for Calgary’s strong ranking are our relatively low housing affordability, a growing young labor force and moderately low commute times.

The other Canadian cities that made the list are Toronto, ranked at 3rd place, Vancouver and Montreal at 11 & 12, and Halifax ranking in as the world’s 16th most prosperous city.

For a full report on the 2014 Prosperity Scorecard and where the rest of the worlds major cities ranked please click here: 2014 Prosperity Scorecard

We were ecstatic to learn about Calgary’s top 2 prosperity ranking. Calgary’s real estate market has been a direct beneficiary of our cities strong, growing and prosperous economy. As mentioned earlier in this article, despite the booming economy and growing housing prices, Calgary is still one of the leaders in Canadian home affordability. We look excitingly look forward to seeing what other accolades our wonderful city will achieve in 2014.

 

Home Sweet Home Team

Your Greater Calgary Realtors

Century 21 Bamber Realty Top Producing Team

403.874.9021 / 403.542.6926

www.HomeSweetHomeTeam.ca

 

Calgary Ranked 5th Most Liveable City in the World

Wednesday, August 28th, 2013

According to the Global Liveability Ranking and Report August 13 by Economic Intelligence Unit, Calgary was ranked the 5th most liveable city in the world!!

Calgary 5th most liveable city

Calgary is joined in the top 5 by Vancouver and Toronto, who finished as number 3 and 4 respectively. These are exciting times for our great city of Calgary, as Calgary has also been named one of the top most 10 prosperous cities in the world and one of the top places to raise a family.

In terms of which factors ranked the highest, Calgary received a perfect score of 100 for healthcare, education, and stability. These are 3 of the categories that are of the highest importance and therefore carry a higher weighting. Calgary also ranked very high in regards to its infrastructure and culture & environment.

Rounding out the top 5 in front of the 3 Canadian cities are Melbourne, Australia and Vienna, Austria.

List of the Top Ten Cities

 

Most liveable cities picture

Source: Global Liveability Ranking and Report August 13

This is truly an exciting time for Calgary, we are receiving tons of global recognition and our real estate market is busier than it has been in some time. We are the Home Sweet Home Team and we are your Calgary Real Estate Connection. If you are interested in moving to our amazing city of Calgary and would like more information on it please Click Here.

Please Contact Us today if you are interested in buying or selling a Calgary property!

 

July Calgary Real Estate Statistics

Thursday, August 1st, 2013

CREBS monthly real estate statistics have just been released for July 2013. Check them out!

The Calgary residential real estate market is still very HOT. It is a great time to consider selling your home to capitalize on what is quickly becoming a seller’s market. If you are considering buying a home, the prices are only going to rise so it is still a great time to purchase. Contact Us today at the Home Sweet Home Team and we will take care of all your Calgary real estate needs!

 Calgary, Aug. 1, 2013 – City of Calgary residential sales totaled 2,268 units in July, a 17 per cent increase over the previous year and up more than six per cent so far this year.

The flood that devastated the Calgary area on June 20 likely contributed to pulling forward sales activity, said Ann-Marie Lurie, CREB® chief economist.

“Some of this activity is related to the displaced renters and owners seeking other accommodation,” said Lurie. “But those consumers already searching for a home may have sped up their purchase decision, in response to concerns regarding the impact tight supply levels would have on prices.”

The Calgary resale market is firmly in sellers’ territory, supporting price growth. While citywide prices are nearly seven per cent higher than levels recorded in July 2012, the unadjusted monthly gains have been easing. The benchmark price for the city of Calgary totalled $414,100 in July 2013.

“Some sellers have been waiting for prices to recover before listing their homes,” said President Becky Walters. “Current market conditions have encouraged listing growth this month, for single-family homeowners.” A total of 1,575 single-family homes sold in July, a 14 per cent increase over the previous year. Year-to-date, the growth is 2.5 per cent. While year-over-year new listings increased in July to 1,958 units, it was not enough to ease supply pressures in the market. Overall, active listings declined to 2,917 units, nearly 20 per cent lower than already declining levels recorded in 2012.

A total of 693 condominium apartments and townhouses sold in the month, a combined increase of 26 per cent over the previous year, and a year-to-date growth of 16 per cent.

Stronger sales growth in the condominium market relative to the single-family market is in part related to availability in the affordable price ranges. Year-to-date, there have been more new listings priced under $400,000 in the condominium sector than in the single-family market.

“Clients looking for affordable homes are considering community, product and price,” Walters said. “While there are affordable single-family homes in some communities, some may prefer condominiums in the same price range so they can live in a preferred community or get a home that requires less
renovation.”

The growing demand for condominiums has also led to a tightening of supply. July active listings in the apartment and townhouse segment declined to 768 and 407 units respectively.

Tight market conditions supported price growth for all categories in July. However, unadjusted monthly gains were strongest in the apartment sector. Apartment prices totaled $267,600 in July, a 1.4 per cent increase over the previous month and nearly eight per cent higher than the previous year. The benchmark price for single-family and townhouses were a respective $461,600 and $294,500 for the month.

“While the flooding will alter sales, listings and price trends in the affected areas, the impacts on the entire resale market will likely play out over the coming months,” said Lurie. “July sales growth has been stronger than year-to-date trends and longterm averages. However, if the level of new listings continues to rise, this could help ease tight market conditions.”

Click Here to view the full statistics package courtesy of CREB.

Source: http://www.creb.com/public/documents/statistics/2013/package/res-stats-2013_July.pdf

Calgary’s Best Neighbourhoods

Tuesday, July 30th, 2013

Avenue Calgary just released its list of Calgary’s best neighbourhoods to live. This is the fourth consecutive year that Avenue Calgary has released a list ranking Calgary’s best neighbourhoods to live in. Arbour Lake was this years winner!

What’s different and interesting about this year’s list, is surveys were submitted by Avenue Calgary’s subscribers with them voting on the neighbourhoods they felt are the most liveable in our great, booming city.

This years Calgary top neighborhoods to live were influenced most by factors such as neighbourhood safety, proximity to parks and pathways,  and whether the neighbours are friendly. The factors that the readers felt were least important in determining Calgary’s best neighbourhood were whether the houses in the neighbourhood looked similar or were uniform, whether the area was newly developed and whether the neighbourhood housed lots of large homes.

Other factors that Calgary residents considered very important when deciding on desirable neighbourhoods are the amenities that neighbourhood contains. The most important ones were great restaurants, schools, shopping and proximity to public transportation.

Calgary 2013 Most Desirable Neighbourhoods

1. Arbour lake                      6. Lake Bonavista

2. Acadia                               7. Hounsfield Heights / Briar Hill

3. Varsity                              8. Beltline

4. Brentwood                       9. Scarboro/ Sunalta West

5. Hillhurst                          10. Bridgeland / Riverside

For a full list of the best neighbourhoods as voted by Calgary residents please click here Calgary’s Best Neighbourhoods

Source: http://www.avenuecalgary.com/articles/calgarys-best-neighbourhoods-2013

Do  you agree or disagree with the list?

 

We are the Home Sweet Home Team. We are your Calgary real estate connection. If you are interested in buying or selling a Calgary property please Contact Us today and we will ensure you the best real estate transaction and process possible.

 

 

 

 

 

Calgary is Back Open

Tuesday, July 9th, 2013

Take a look at Calgary Tourisms video on Calgary’s downtown businesses being back open just in time for Stampede. It is truly amazing how Calgary has responded to the crisis we just faced and how our entire community- volunteers, city workers and everyone else that contributed to get the Calgary downtown core back in to working order.

Go out there and support our local Calgary businesses whenever you can! They definitely need our business to get back on their feet. What better way to celebrate the support of our city than Stampede. The Home Sweet Home Team, your Calgary Real Estate Connection looks forward to seeing you out there!

 

 

Calgary Businesses Offering Free and Discounted Services for Calgary Flood Relief

Tuesday, June 25th, 2013

We want to start this post off by saying how proud every one of our Home Sweet Home Team members are to be a Calgarian. The  overwhelming support, strength, and resilience that our city has demonstrated in the wake of the devastation left by the Calgary Floods is nothing short of amazing and inspiring. As of June 24, 2013, Alberta Red Cross has fundraised $2.6 million to aid in Alberta Flood Relief. It is truly touching to see all the Calgary businesses that are doing their part to help the community recover from this disaster. In the past couple days there have been numerous restaurants that have been affected by the floods themselves offering free BBQs for the victims of the Calgary floods, volunteers and all others. We were fortunate to get to go to a couple of the BBQs yesterday at Alley Burger and Original Joes 4th St. and donate money to Alberta Red Cross.

We, at the Home Sweet Home Team, want to send out our sincerest sympathies to all those personally affected by the Calgary floods. We understand that the process of  cleaning up affected Calgary areas, and restoring homes back to their former state will be a time consuming and tough process. If there is anyway we can help those Calgary citizens and their families personally affected by the Calgary flood, please do hesitate to ask us. We have been offering support to our clients and anyone else that is effected by this tragedy, whether it be providing food, water, manpower to clean, anything at all. Please Contact Us today and let us know how we can help you!

For those evacuees returning home and are unsure what to check for to ensure your home is safe, here is the Welcome Home Guide from the City of Calgary. If you have been affected by the Calgary flood and are requiring assistance, here is the Canadian Cross Registration Form.

With major cleanup and restoration under way in the flood affected areas of Calgary, there are many Calgary businesses that are reaching out to the public to help out. We have compiled a list of the Calgary businesses that are going the extra mile, and are offering their generosity in the form of discounted and free services to help those recovering from the Calgary flood damage.

Calgary Businesses Offering Assistance Via Global Calgary: http://globalnews.ca/news/669298/calgary-clean-up-a-list-of-businesses-offering-to-help/ 

HOME REPAIR

Action Auger- The Gentleman Plumbers

Offering to pump out people’s basements at no charge, until June 28.
Call 403-288-1111 or go to https://www.facebook.com/actionauger

Knight Plumbing and Heating

Offering free use of sump pumps to help clean basements. Call 403-282-1010

Shane Homes Living

The homebuilder has a number of generators available. Contact Nels at 403-371-5612 to arrange delivery.

Sons of Electric

The electricians are offering free electrical inspections in homes affected by flooding: https://www.facebook.com/SonsOfElectric?fref=ts

Pure Air Environment

Mold cleanup services at a reduced rate for flood victims: http://www.pureaircalgary.com/

STORAGE

U-Haul

U-Haul is offering 30 days of free storage to Calgary and Alberta residents who have been affected by flooding. People who need boxes can take part in the ‘Take a Box, Leave a Box’ program.
Call 403-235-1125 for more information.

WELLNESS

Fercho Psychological Services

The private practice of clinical psychologists is offering at least two free counselling sessions for anyone experiencing stress or loss due to flooding.
They are located at 1921 5A Street S.W. call 403-245-3211 to set up an appointment.

Chiropractor

Dr. Mike Hoiles at Calgary Sports Therapy is offering complimentary chiropractic care to firefighters, military personnel, EMS and police officers.
He is offering care until July 21. Call 403-237-0121 to book an appointment.

Massage Therapist

RMT Peter Sawan is offering free 15-20 minute massages. Call 403-801-8097.

Wentworth Medical and Walk-In Clinic

The clinic is offering its services to anyone who is not able to see their doctor, as well as anyone hurt during cleanup or needing a prescription.
They are located at 873 85 Street S.W., call 403-217-6453.

Hillhurst Healing Arts

The business is offering free showers, sauna sessions and massages to anyone affected by the floods. They will also do your laundry.
Call 403-614-4874 or go to www.hillhursthealingarts.ca.

YMCA/Westside Recreation Centre

Members of the Eau Claire YMCA are being given free access to the Westside Recreation Centre.

GoodLife Fitness

The gyms have opened up their change rooms and shower facilities to those affected by floods. The offer is valid at all Calgary locations except for Eau Claire which is still closed due to flooding.

Kensington Fitness Studio

The gym is offering free showers and towel service to people who have been forced to leave their homes.
223 10 Street N.W., call 403-670-7120.

PET CARE

K9 Corner

The dog daycare is offering free dog daycare, free baths and half off boarding for the dogs of flood victims.
Go to www.k9corner.ca or call Steve at 403-922-5224.

Pawsitively Natural Dog Daycare and Training Academy

The dog daycare is offering free baths for dogs and cats that were caught in floods. Calls 403-984-9247 to book an appointment.

Pet Lynx

People with pets who were affected by floods are being offered free access to the AnimalTRACS system for the next 30 days. The identification and recovery system includes a lifetime of animal registration, lost and found searches and picture posters. Go to www.petlynx.netand use coupon number IAMS-2013-YYC

Global Pet Foods

The store is raising money and collecting food and supplies to assist families who’ve had to relocate their animals. For every cash or supply donation, customers get 10 per cent off.
They are also offering dog and cat survival kits for those who lost their pet supplies.
They are located at 761 Northmount Dr. S.W. or call 403-457-1914

PHOTOGRAPHY/WEDDINGS

Reflections Weddings & Events

The event planning company is offering their services to help couples whose wedding plans have been derailed by the flooding. They will work with them to find a new venue at no charge, and have a whole team standing by. Click here for more details: http://reflectionsweddingsandevents.blogspot.ca/2013/06/need-to-relocate-your-wedding-due-to.html

Alberta Flood Photo Restoration

The company is offering their services free of charge, to those whose photos were damaged in the floods.
Click here for information on where to send your photographs: http://albertafloodphotorestoration.blogspot.ca/

TLaw Photography

The photographer is offering a free session to any family who has lost family photos in the recent floods in Calgary: https://www.facebook.com/tlawphotography/posts/10151476588595334
Bella Vous Makeup Artistry is also offering free hair and makeup during the session

Elizabeth’s Everlasting Photography

The company is offering a free photo shoot to families that have lost their photos in flooding. Call 403-836-9333 for more information.

Jayden Images

The photographers are offering free photo sessions to families who have lost their photos due to flooding. They have extended the offer to all emergency responders working to help flood victims.
Contact them at 403-875-6593 or go to www.jaydenimages.com

Michael Cudjoe Fine Art

The photographer is offering free photo sessions to those affected by the flood, and will work to get damaged wedding albums reprinted.
Call 1-855-267-6067 ext. 200 or go to www.michaelcudjoe.com

VOLUNTEERS

Free Childcare

People are offering free childcare to those affected by the floods, so parents can clean up.
https://www.facebook.com/CalgaryCleanUp?fref=ts

YYC Helps

The website is working to link up volunteers with those needing help. Go to www.yychelps.ca to sign up.

@NeighbourLink

Neighbour Link is working to link volunteers and donors to those who need assistance. https://twitter.com/NeighbourLink

REQUESTING DONATIONS

YYC Coffee Run

A group is gathering donations to bring coffee and donuts to fire halls, police stations and military posts: http://tasmonthly.blogspot.ca/2013/06/yyc-coffee-run.html

SE Calgary Community Resource Centre

The resource centre is able to assist with basic needs including emergency food hampers. It also offers a computer lab, telephone and fax services as well as a clothing room for those in need.
They are also accepting donations of clothing and footwear, bedding, pillows and gift cards.
2734 76 Ave. SE or call 403-720-3322

Olga’s Fabric Lane

The store is asking anyone with donations of clothing or non-perishable food items or cleaning products to drop them off at their location, and they will deliver them to the appropriate organization.
They are also asking for donations of grad dresses to donate to students in High River who lost their gowns.
4243 Bow Trail S.W. or call 403-242-2545

Timberwest Railings Ltd.

The company is setting up a donation collection area in Bragg Creek, and is calling for donations of clothing or non-perishable food items which they will deliver to the appropriate organization.
You can drop off donations at their location in Barlow Centre: Bay J 8080 35 Street S.E.

 

Calgary Real Estate Market is on the Verge of Breaking Historic Records

Thursday, May 30th, 2013

With only a few days left in May it appears that the Calgary real estate market is on the verge of breaking a few monumental records.

According to CREB as of today May 30, 2013, the average sale price of a Calgary home is $532,071.  The current record for average sales price for Calgary homes was set in March of this year with a sales price of $518,064. Unless something drastically changes, it is likely that May housing prices will hold strong and break this record.

Another impressive record that we will likely see broken is the number of luxury home sales in Calgary. To qualify to be considered a luxury home the property must sell for $1 Million plus. The record is currently 80 luxury home sales which was set in May 2012. As of today, May 30th 2013, there has been 71 luxury home sales with over 15 sales pending. If these deals finalize this will be a very memorable month for the Calgary Real Estate Market.

If you are interested in more information on the Calgary real estate market, or if you are looking to buy or a sell a property in Calgary please Contact Us today, Century 21 Bamber’s top team would love to help you.

 

 

 

It’s a Resale Sellers Condo Market in Calgary

Wednesday, May 15th, 2013

It’s a sellers’ market for resale condos in the city — the first time since the crazy days of 2007, says the Calgary Real Estate Board.

Resale condo apartments and townhomes are following the trend set by detached single-family resale homes, says the board.

Higher sales demand, coupled with lower listings, pushed the total resale market into sellers’ territory.

“Calgary’s housing market continues to defy national softening trends as gains in the employment sector, migrant growth, rising wages and low interest rates are translating into growing demand for housing,” says chief economist Ann-Marie Lurie of CREB.

While conditions favour sellers for the first time since 2007, the economy is much different today, says Lurie.

“The economy is nowhere near as strong as it was in 2007,” she says. “There is still a lot of risk in our economy. During that time (in 2007), both natural gas and oil was going very strong, which is not the case today.

“Back then, we had far greater employment growth and net migration numbers were much stronger.”

Net migration refers to the inflow of people to Calgary minus the outflow.

Another difference affecting the city’s resale market is the availability of dwellings in the new home market, as well as in the communities surrounding Calgary.

“At the time, it was even difficult to get anything in the surrounding areas,” says Lurie about the market in 2007.

“Their inventories were also quite low, as well as options in the new home market. They were going crazy as well, building as fast as they could.

“Now, there are still options. The City of Calgary market is tight, but you can still go into the surrounding towns and buy property. There are options in the competing markets.”

Because there are currently more options in the market compared to 2007, Lurie predicts prices will continue to rise, but not at the rate that they did then.

Average prices for condo apartments rose to $291,345 in April, up 8.74 per cent from $267,931 during the same month in 2012.

While the benchmark price of condo apartments has risen, it is still about 12 per cent off the peak benchmark price of $297,000 in August 2007.

New listings for new condos went up slightly to 3.19 per cent in April to 614, rising from 595 in April 2012.

But the number of new listings from Jan. 1 to the end of April dropped 7.68 per cent, to 2,079 from 2,252 listings.

Sales are moving more quickly than last year for condo apartments. In April, apartments sold in an average of 41 days, 18.62 per cent faster than the average of 50 days for the same month last year.

Sales from January to the end of April were similarly faster, with apartments selling in an average of 44 days, which was 13.73 per cent faster than 51 days during April 2012.

Townhomes experienced a 27.24 per cent rise in sales in April compared to last year, to 341 sales from 268. The transactions were 26.64 per cent faster in April than the year before, with homes selling in an average of 36 days compared to 49.

The average price of resale townhomes in April rose 5.15 per cent to $337,119 from $320,607 in April 2012. The benchmark price also rose by 4.52 per cent during this time to $288,900, up from $276,400.

The average price for townhouses from Jan. 1 to the end of April rose 8.75 per cent to $339,814, up from $312,478 during the same period in 2012.

April’s benchmark price of $288,900 for townhomes was about 12 per cent off the peak benchmark price of $338,000 in 2007.

The price is that of a typical home based on a formula that uses various factors to ensure accurate comparisons.

The benchmark price for detached single-family homes set a new high of $452,900 last month, up from the previous high of $451,300 in July 2007.

The benchmark price for apartment condos rose 7.35 per cent to $261,300 in April, up from $243,400 during the same time period.

Benchmark prices for detached single-family homes have also surpassed the past high-water mark from 2007.

They reached $452,900 in April, up from $451,300 in July 2007.

DID YOU KNOW

Most resale condo townhomes sold in Calgary from Jan. 1 to the end of April were priced from $200,000 to $299,999. About 42 per cent of sales were in this range, down slightly from 44 per pent during the same time period the year before. The next sales category, from $300,000 to $399,999, accounted for about 27.5 per cent of sales from the first four months of this year. For resale condo apartment sales during this time, about 19 per cent were less than $200,000, with 46 per cent ranging from $200,000 to $299,999 and about 22 per cent from $300,000 to $399,999.

NEW LISTING – 43 San Diego Pl Ne, Calgary

Wednesday, May 1st, 2013

Take a look at our new Calgary Home For Sale in the desirable community of Monterey Park.

OPEN HOUSE SATURDAY May 4, 2:00 – 4:00 PM. HOME SWEET HOME. This great 2 Storey home is located on a quiet cul-de-sac in the desirable community of Monterey Park.  As you enter you’re invited in by the welcoming front foyer with high ceilings. The main floor offers a large living room,  dining room and a bright kitchen. The upstairs includes a spacious master bedroom with walk-in closet & lots of natural sunlight brought in by the lovely bay window + 2 more bedrooms & a 4 piece bath. The partially finished basement has a large family room, 4 piece bath & laundry room. Other great features include, gas fireplace, hardwood floors, fresh paint, storage shed, double attached garage & a $2500 BUYER BONUS for new carpets. This home is located on a pie shaped lot which is fully landscaped with a private back yard, perfect for entertaining. This is the perfect home in a wonderful location close to all schools, parks, shopping and public transit!”

To view the virtual tour for this home please click here

For additional details on this property please click here

Please Contact Us if you would like more information or would like to book your own private viewing of this home

 

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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