December 2011

Coventry Hills Real Estate,  we SOLD 178 Covemeadow Crescent NE, Calgary, Alberta, Calgary Real Estate.  Walking distance to a playground & the new soon-to-be completed Coventry Middle School.  This fully finished 1574 sq ft 2 Storey is on a corner lot with great curb appeal.  This home offers a spacious living room with all natural light with the many windows.  A large eat-in maple kitchen with white appliances & an oversized centre island, a dining nook with a wall of windows.  There is a family room off the dining area which could also be used as an office/den/bedroom. Upstairs hosts master bedroom with a walk-in closet, 2 additional bedrooms and a full 4 piece bath.  The lower level features family room with gaming area and a wet bar, 4th

Calgary Real Estate, We SOLD 514 28 Avenue NW, Calgary Alberta.  Another great investment opportunity! 50x120 ft subdividable lot in prime location! Last 2 properties in similar location went for $40k and $50k over list price! Don't miss out on this one! Ideal for 2 infills or duplex/attached property. Seller is a custom builder and can assist with new build. Super quiet, maturely treed street, walking distance to playground, Confederation Park, and schools. Very well maintained house still, great holding property with suite in the basement. Upgrades include newer windows throughout, newer hardwood in kitchen, newer hot water tank, paint, light fixtures, trim and exterior doors. Great layout with large living room, huge kitchen with eating nook, 2

Why you should get a rate hold now.

Very pleased to be a guest blogger for Jeff Campbell’s Real Estate Team and also pleased to work with one of the best realtors in Calgary. There are about 5,000 realtors in town and about 500 make their full-time living at it; Jeff’s team are some of the better ones for sure. The big advantages of using a top mortgage broker are listed near the end of this entry but reasons to use us should be pretty obvious by the time we get that far. Good brokers earn our salt because we watch the markets, the lenders, the rules, and the mortgage rates all day for a living. Or the good ones do anyway.

So … What is going on with these super low mortgage rates?

Right now interest rates are at their 111-year lows at about 3.4%

Calgary Housing Sales Trending Up

Calgary continues to record impressive employment growth and the long term fundamentals remain strong.  The strength in our economy, combined with affordability levels are outperforming most major centers and will continue to attract migrants to the city and spur further growth in our Calgary housing market.  The stable pricing provides an opportunity for buyers in our market and with the low interest rates and a good selection of inventory makes it a trifecta.

The detached benchmark price for November is $402,925 an increase of 0.76% year-over-year.  The condominium benchmark price is $250,000 a decrease of 1.63%. Overall sales for the month totaled 1,355 units, compared with 1,200 during the same period last year.

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