Calgary Real Estate News - December 2010We've updated the Calgary Real Estate Marketing section of our website to include a copy of our advertisement from the December 31, 2010 issue of Calgary Real Estate News. 

With our recently updated website you can easily search MLS® listings in Calgary, Cochrane, Airdrie and surrounding area! Our site allows you to save your searches and be automatically notified of new listings that match your criteria!

Looking for the newest MLS® listings that Calgary REALTORS® have listed for sale on the Calgary Real Estate Board MLS® System? Here are easy links to view 7 days of "Just Listed" Single Family Homes, 7 days of "Just Listed" Condominiums and All New MLS® Listings (Houses & Condos) from the past 24 hours.

Buying a home may be the largest and most…

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Employment and migration needed to shake off winter chill

Low Interest Rates and Affordability to Support Housing Recovery in 2011

Calgary, January 4, 2011 – Home and condo sales in Calgary and area remained relatively unchanged in December 2010, indicating that a full-fledged recovery in the housing market has yet to take hold, according to figures released today by the Calgary Real Estate Board (CREB®).  

The number of single family home sales in the month of December 2010 were 734, compared with November 2010, when sales were 891—a decline of about 18 per cent.   The number of condominium sales for the month of December 2010 was 320. This was up from the 310 condominium transactions recorded in November 2010.

Year-over-year, the number of…

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If you are looking to find the assesed value of your house or condominium you can use the City of Calgary's Assessment Search Tool located at https://assessmentsearch.calgary.ca/ to search by address, map or community.   2011 Property Assessment Roll

  • Based on the market value of property as of July 01, 2010.
  • Total number of accounts on the 2011 Property Assessment Roll is 447,000.
  • Total value of the 2011 Property Assessment Roll is $231 billion.
  • As a result of the 2011 Assessment, the typical residential property assessment change is 8% between 2010 and 2011.
  • This year, approximately 93% of residential properties’ revenue neutral taxes will be within plus or minus 10% of last year’s taxes.
    • 45% or just under ½ of residential…

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Today, The City of Calgary mailed approximately 472,500 Property and Business 2011 Assessment Notices and commenced the Assessment 2011 Customer Review Period, which runs from January 4 to March 7, 2011.
 
The 2011 Property Assessment values are based on a July 1, 2010 market valuation date and December 31, 2010 physical condition date as legislated by the Province of Alberta through the Municipal Government Act (MGA). The 2011 Business Assessment values are based on the July 1, 2010 typical net annual rental value of business premises.
 
The assessed values, which are used as the basis for determining property and business taxes, are prepared annually by The City of Calgary. “Preparing assessments on an annual basis ensures property and business owners’…

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cmn_newMonday, January 03, 2011 — Children’s Miracle Network Hospitals® (www.CMNHospitals.org), formerly Children’s Miracle Network, announced today a new name and brand for its efforts in the United States. As a charitable entity that donates funds to children’s hospitals, refreshing its brand and adding the word “hospitals” to the name solidifies its purpose with partners and the public.

“The new name and image better represent our mission to raise funds and awareness for children’s hospitals,” said Craig Sorensen, chief marketing officer of Children’s Miracle Network Hospitals. “We initiated this rebranding to show the close affiliation Children’s Miracle Network Hospitals has with its partnering children’s hospitals and our mission of improving the lives…

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Kelowna, BC (December 15, 2010) -- The Western Hockey League in association with RE/MAX of Western Canada are proud to announce the launch of a new 3-year partnership that includes grassroots programming with all Canadian WHL Markets along with brand integration across various WHL broadcast and online properties.

As a proud sponsor of the WHL, RE/MAX will be highly visible in all 17 Canadian WHL markets. RE/MAX will also run an exciting promotion during the 2010-11 season – The RE/MAX Home Team Contest – giving fans the chance to win a $10,000 Home Improvement Package.

"As Western Canada's leader in producing hockey talent, we are proud to announce a long term partnership with Canada's leading real estate organization - RE/MAX" commented WHL…

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Thinking of adding another bedroom to your home? Looking to increase your satisfaction of your home and raise its value by developing your basement? The City of Calgary has a pamphlet on their site that details many aspects of what you need to know from start to finish and whats needed to develop your basement.

Do you need a permit? A Building Permit is required for basement alterations or construction, unless the changes are strictly cosmetic. You may also need a permit for Electrical, Plumbing, Gas, HVAC (Heating, Ventilation, Air Conditioning). Applications are accepted in person at the Development & Building Approvals customer service counter, located on the third floor of the Calgary Municipal Building, 800 Macleod Tr. SE.

What Are Building…

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Calgary buyers looking for the right price, location and conditions

Calgary, December 1, 2010 – November home sales in the city of Calgary remained steady month-over-month, while year-over-year sales were down, according to figures released today by the Calgary Real Estate Board (CREB®).  

The number of single family home sales in the month of November 2010 held firm at 891, compared with October 2010, when sales were 888.  The number of condominium sales for the month of November 2010 was 310. This was the same as the 310 condominium transactions recorded in October 2010.

Year-over-year, the number of single family homes sold in November 2010 in the city of Calgary were down 19 per cent.  In November 2009, single family home sales totaled 1,095.…

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OTTAWA – November 15th, 2010 - Seasonally adjusted national home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards climbed 4.6 per cent in October 2010. The monthly rise in activity builds on similar increases in August and September. As a result, activity now stands 13.3 per cent above July levels, when it reached this year’s low point. Three-quarters of local markets posted monthly increases in seasonally adjusted activity in October, led by Toronto and Vancouver.chart_of_interest_2010-10_lores_en1_416

As further evidence that the market is returning to normal, sales activity in October stood halfway between the recessionary low reached in December 2008, and the record level activity posted in December 2009.

Actual (not seasonally adjusted)…

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Sales of million dollar plus homes a bright spot in 2010 market

Calgary, November 1, 2010 – Home sales in the city of Calgary were down month-over-month in October 2010, showing signs that buyers still remain cautious, despite signs of economic recovery.  Year-over-year sales continued to trend lower in the month of October, according to figures released today by the Calgary Real Estate Board (CREB®).

The number of single family home sales in the month of October 2010 shrank by 7 per cent at 888, compared with September 2010, when sales were 958.  The number of condominium sales for the month of October 2010 was 310. This was a decrease of 15 per cent from the 366 condominium transactions recorded in September 2010.

Year-over-year, the number of…

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