Calgary Next Hot Spot for Foreign Buyers? Maybe! To Foreigners Calgary Real Estate Looks Like a Good Buy The Real Estate Market in Alberta and that of Calgary’s in particular, could soon see an upswing. Foreigners do not face an extra 15 per cent tax unlike non-residents who buy homes in Vancouver and Toronto. Calvin Buss, President of…
Red Hot Housing Market for Calgary – 2017? No- Small Growth Expected for Calgary Unlike the Vancouver and Toronto Real Estate Markets, which have seen major price jumps for homes, Calgary is not expected to see this type of volatility. According the 2017 outlook from the Calgary Real Estate Board, house prices aren’t expected to…
Trump – Trudeau They Mean Business! Historic Meeting is Good News for Alberta Let’s Be Clear – the trade between the countries is big. There is a flow of exports including 3 million barrels of oil daily to well over 35 USA states. The dollar figure is more than $2 billion in trade on a…
Balloon –Bust or Balanced? Calgary House Prices – 2017 Forecast Predicting house prices for the Calgary area for 2017 is a complex task. The market will definitely go UP this year based on the economy rebounding, higher oil prices, pipeline expansion etc. According to the outlook from the Calgary Real Estate Board there are predictions…
Wrap up a House for Christmas Mark Di Vincenzo is the author of the bestselling book, Buy Ketchup in May and Fly at Noon. He is an expert on timing. One topic he has researched well is ‘when to buy a house’. He points out that homes sell at Christmas time for many good reasons.…
Eight Key Players in Alberta’s Oil Industry When Nothing is Certain Anything is Possible Since the USA election results for Donald Trump, decisions to be made are major and the resolve of these key players is vital to the Canadian Economy and the Environment. OPEC In an effort to prop up prices since…
Seniors Now Planning for Retirement on Cruise Ships – True or False? The rumour started when a couple while on a cruise ship reportedly met a lady who, instead of booking in to an Assisted-Living Condo or Seniors Nursing Home, took cruises back to back. The story is true according to Snopes.com. Mrs. Muller was…
Oil Prices Low but Trump Could be the Boost Alberta Needs Most markets are back to normal after the shock of a Donald Trump win in the US election this week. Although losses and have bounced back, oil still faces pressure due to OPEC’s cut in production (see OPEC in the News Again 10/06/16) Trump…
Can’t Sell Your Home – Rent it out for a Year? It’s a Buyer’s Market. October saw the largest decline in housing prices so far this year, according to the latest data from the Calgary Real Estate Board (CREB). The average sale price for the month came in at $457,513 — down 6.1 per cent from October 2014.…
– A Deal to Make a Deal Algeria hosted a meeting last week of the OPEC producers. To the surprise of many they managed to reach a deal, that some are calling – A Deal-to-Make-a-Deal. The cartel agreed to cut production in the future by some 700,000 barrels per day to a production band of…
Are Foreigners Buying Calgary? Yes – the Luxury Real Estate Mark Evernden a Premium real estate agent at Engel & Volkers and Associates which represents some of the province’s most expensive residential properties says, [that] “around seventy per cent of inquiries through our website and by phone are currently out of country buyers.” While much…
Now – Good News for the Economy Alberta’s wildfires raged in May and oil exports dipped forcing a downturn in the overall country’s economic output. The good news is that the figures for June show growth. Real estate can start growing again. Economy Weakened but on the Rebound Statistics Canada reported that during the second…
