Canadian Housing Market Stabilizing - 10/29/08 12:24 PM
There are less MLS listings in this third quarter which indicates a stabilizing real estate market across the country, according to statistics released by the Canadian Real Estate Association (CREA). New MLS residential listings in Canada's major markets (Calgary, Vancouver, Montreal, Toronto, Edmonton..) numbered 146,637 units. This is 3.3% below the highest level on record, set in the previous quarter.
The trend stands out most in Edmonton and Calgary, where a sharp drop in new listings and rising sales activity has firmed up the resale housing market considerably since the beginning of the year, followed by declines in Vancouver and Montreal.
There are a number … (0 comments)

Canadian Gov't Moves to Protect & Strengthen Canadian Housing Market - 10/27/08 12:15 PM
Are you considering financing your new home purchase? If so, take notes...The Canadian Federal Government is making significant changes to some controversial lending protocols in Canada. The primary changes are 1) the elimination of the 40 year amortization period and 2) the elimination of O% down mortgages. According to CTV News and many mortgage brokers, the intent behind this policy is to prevent a U.S. style market melt down. Right policy - wrong timing??? But it's better late than never.  The impact of this move is also lessened by the fact that in Alberta, generally speaking, housing prices have become more affordable than last year. One of the reasons the 40 year … (3 comments)

Quote of the Day... - 10/24/08 01:22 PM
"You can't test courage cautiously!"  
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Okotoks, AB, Canada - A Wonderful Place to Live - 10/24/08 01:20 PM
Nestled along the Sheep River Valley in the heart of the Alberta Foothills, the Town of Okotoks is a young, vibrant and friendly community of 20,000 residents. Okotoks is flanked by the front range of the Rocky Mountains to the west, and is situated only 18 kilometres (15 minutes) south of Calgary's city limits.
Thinking about moving to Okotoks...? Call the Jay Magnussen Real Estate Team today for community information, neighburhood details, an update on the housing market, and more.
Natural beauty, ideal location and all of the ammenities of a big city right here in small town Okotoks including but not limited to: … (0 comments)

Quote of the Day - 10/20/08 11:04 AM
"Some people have a wish bone where their backbone should be."
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Odor Control - Tips for Listing Your Home. - 10/19/08 12:21 PM
Whether its tobacco smoke, lingering cooking smells, pet odor or any one of the many scents that potential buyers may find offensive; odor control is essential in attempt to not dissuade buyers. To help you clear the air, the following are some tips on what you can do about odors and how to stop them from wafting buyers out of your home; including:
First, understand how air flows in, out and through your home. In home ventilation systems, ceiling or electrical fans or simply opening a door or window to allow the natural breeze to carry odors away. To avoid simply … (5 comments)

 
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The Jay Magnussen Real Estate Team

Calgary, AB

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RE/MAX First

Address: 9625 McLeod Trail South, Calgary, AB, T2J 0P6

Office Phone: (403) 278-2900

Cell Phone: (403) 650-7332

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We are a professional real estate team with Remax First and we bring you this real estate industry blog focusing on realty issues, tips and advice for the Calgary & Okotoks region in Alberta, Canada.


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