Peter Chapman's (peterchapman) Blog

Impending Mortgage Rate Increase There are a few indicators we watch that signal when mortgage interest rates may start going up. You can secure a 4 month rate-hold now so you can shop with confidence as you will know what your payments will be when you move in. If the rates go down then you stil...

Calgary's NW sector boasted the largest gains in single family homes sales in the first quarter Calgary, April 1, 2011 - According to figures released today by CREB® (Calgary Real Estate Board), Calgary Metro sales remained at levels similar to the first quarter of 2010.  Improved sales in the si...

Low borrowing costs continue to fuel market recovery Calgary, December 1, 2009 - The Calgary housing market is showing signs of a sustained recovery according to figures released today by the Calgary Real Estate Board (CREB).   "November sales are clearly demonstrating that the recovery in the Ca...

Jobs and Migration Confidence in employment prospects and family income will determine the pace of the housing market.   As such, a more robust improvement in Calgary's housing market will require new permanent jobs. Oil and Gas Oil and gas have contributed to some improvement in employment inAlb...

The City of Calgary uses a few methods of how they calculate their property assessments: Sales comparison approach - sales of similar properties. Income approach - capitalize the income being generated by the property. Cost approach - land value plus the depreciated replacement cost of the proper...

It's everywhere in Alberta now... My wife and i sold our place and are now looking at buying 3 more places.  It's 2004 baby!

So good to see all the activity again!  The Energy Sector is heating up and housing is already awakening from a 3 year slumber. We just sold our condo and are really pleased with how our busineses are working. 

For those who are interested: http://www.youtube.com/user/remaxwestcanada?feature=mhum#p/u/8/qLFbO-0UKK4 I'd love to discuss this with anyone... there's lots happeningin Calgary these days.

Mark Herman's "MARKet Update" Feb, 2011Mark Herman; AMP, B. Comm., CAM, MBA- Finance www.MarkHerman.ca One of the Top-10 Brokers at Canada's Largest Independent Mortgage BrokerageMortgage Alliance Mobile: 403-681-4376 Secure e-Fax: 1-866-823-1279 Now is a great time to buy; with mortgage rates ne...