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Calgary Real Estate actually costs less - 04/24/09 05:21 PM
Did You Know ?? In April 2008, the Average Condo price was $312,620 and the 5-year rate was 5.386%. With 5% down, the mortgage amount including CMHC fee would have been $306,344.15. With a 35-year amortization, payments would equal $1,610.46. In April 2009 the Average Condo price is down to $284,056 and the 5-year rate is just 3.95%. With 5% down, the mortgage amount including CMHC fees is $278,353.58. With a 35-year amortization, the mortgage payment today is just $1,218.81. Thus, today buyers are saving on average $391.65 per month, or total savings of 24.32 %
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Let the buying season begin ! - 04/10/09 06:00 PM
Its a great feeling when spring arrives and the snow is gone . In Calgary the season of spring is the best time to buy and sell real estate ! . Why you might ask ? Well the next few months people start think about moving area's or moving cities , Its prime time for Real Estate due to school timing and season changes. The next few months are great for listing and selling because we are all thinking ahead and that means the right place at the right time. Stampede is coming as always and will stop the markets were
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Todd Terry
Calgary,
AB
More about me
RE/MAX Real Estate (Central)
Address: #206, 2411 4st NW , Calgary, AB, T2M 2Z8
Office Phone: (403) 216-1600
Cell Phone: (403) 975-8633
Email Me
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