Calgary Housing Market Report - November 2012 Calgary Single Family Home Sales November 2012 1,006 single family homes were sold in Calgary, 5% up from the 954 sold homes in the same month last year. The average sold price was $488,311, compared to $468,861 last year. That represents a 4% increase. The benchmark price of $433,600 was 8.5% higher than the $399,700 of November 2011. January to November 2012  14,367 single family homes were sold, relative to 12,403 in 2011. The average sold price was $480,421, 3% higher than the $467,172 during the same period last year.     Calgary Condo Townhouses Sales  November 2012 198 townhouses were sold in Calgary, compared to 150 last year. The average sold price was $315,381, with 4% growth over the $304,114 sales in November 2011. The benchmark... 12/04/2012

In today’s economy there any many people that would like to buy a home who could qualify for a mortgage and cover the monthly payments but simply have not been able to save up the minimum 5% down payment required.  In the past the Canadian government offered a program for Zero Down Mortgages however due to recent regulation changes that program is no longer available leaving many families thinking they have no options but we have solutions!  There are several mortgage programs we offer that can meet the needs of potenial home buyers that need help with a downpayment.   Our special mortgage programs are ideal for:   People with existing assets (investments, property, savings) but cannot access immediate cash. First time home buyers with no down payment. New Immigrants to Canada and Stude... 12/04/2012

Recently Sold in New Brighton - Calgary SE. Spectacular Home With a Large Backyard!!! Calgary Home Team just sold this beautiful family home with many custom touches located at : 58 Brightonstone Landing SE!! The home features an open kitchen on the main that includes large island, lots of counter space and upgraded cabinets, in addition to  a roomy breakfast area. The gorgeous great room has windows on three sides and fireplace complete with tile surround & mantle! Upstairs there are a bonus room with lofted ceiling, and three bedrooms; The master comes with windows on two sides, a sumptuous ensuite, and walk in closet. Large, fully landscaped backyard is nicely equipped with a 2 tier deck, pergola, stone wall & built-in bar. Close to New Brighton pond, parks and community centre! Rece... 12/03/2012

CMHC is very optimistic when it comes to the future of Calgary's real estate market!! In it's latest Housing Outlook Conference for Calgary, the Mortgage and Housing Corporation gave a very strong growth forecast for home sales and prices in the city, saying that in 2012 the expected sales activity will rise 16% (compared to 2011) by the end of the year with 26,000 sold units, approaching levels not seen since 2007!! This number is expected to go even higher in 2013 when additional 500 sold properties will increase the total sales to 26,500. The strong demand for housing in Calgary that is not met with the same level of inventory supply have pushed the prices moderately up! 2% increase by the end of the year is expected to raise the $402,000 average price of 2011 to $411,000 by the end ... 12/03/2012

Lake Bonavista Estates Market Stats - October 2012 Lake Bonavista Estates offers luxury lakefront homes in a very well established community that is situated in the southeast quadrant of Calgary. October Market snapshot shows that single family homes were selling quickly in Lake Bonavista Estates with an average 17 days on the market. Only two homes were sold, their average sold price was $633,000, and median sold was $556,000. Three new listings were added to the market in October 2012! Between January and October 39 single family homes were sold in Lake Bonavista Estates.The average sold price was $934,184, and the median sold price was $739,900.The average days on the market was 42 days, and the median was 36!      View all Lake Bonavista Estates Homes for Sale   Looking to buy a ho... 11/30/2012

Calgary Luxury Homes! Another one SOLD to Calgary Home Team's buyers!! This custom designed, Calgary luxury home is now sold to Calgary Home Team's buyers in: Elbow Park one of the most prestigious and sought after communities in Calgary SW!! This home, located at 3023 7 Street SW just few steps from the West Ridge of the Glencoe Golf Club, is a true representation of Calgary luxury living at its best in a total of 5,200 sq ft of interior space designed by Paul LaVoie. It features a very open main floor with a spiral stairs in the entrance area that is open to the formal dining room, and leading to the spacious great room, and a library/office with wood and leather paneling! Our buyers just loved the kitchen that includes dream appliances, butler pantry and huge middle island. The upper... 11/30/2012

  Cranston Real Estate Market Stats - October 2012 How did the real estate market perform in Cranston - Calgary Southeast - for October 2012? Check out the numbers here:   Cranston Single Family Home: 27 sold properties, with an average sold price of $467,712, and a median sold price of $447,000. The number of new listings were 51, and the average days on market was 43. Cranston Condominiums: 2 condos were sold, the average price was $363,743 and the median sold price was $298,986. The number of new listings were 8, the average days on market was 32.   View all Cranston Homes for Sale   Looking to buy a home in Cranston, Southeast Calgary? Call the experts, call Calgary Home Team! We pride ourselves on providing the best and the highest level of professional real estate services to eac... 11/26/2012

MILLION $$ VIEW but affordable. Here is a rare opportunity to own an affordable condo with downtown and river views backing onto the path system. This home even has a large yard to call your own - not often found in a condo. Lovingly and well cared for over the years and includes a new kitchen, cabinets and stainless appliance package, updated bathrooms, jetted tub, laminate flooring and new windows. Easy access to transportation this is a perfect condo for a first time buyer. $257,900.00   Property Details Listing Price: $257,900.00Address: #106-1845 Lysander Crescent SECity: CalgaryState: AlbertaZIP: T2C 1X9 MLS # (if any): C3545434Square Feet: 1130.22Bedrooms: 3Bathrooms: 2Basement (full, 1/2, finished, unfinished): Full   11/24/2012

McKenzie Towne Housing Stats - October 2012   Here is a snapshot of the the latest real estate numbers in McKenzie Towne - Calgary Southeast - for October 2012: McKenzie Towne Single Family Home: 27 sold properties, with an average sold price of $403,228, and a median sold price of $365,000. The number of new listings were 24, and the average days on market was 50. McKenzie Towne Condominiums: 9 condos were sold, the average price was $248,659 and the median sold price was $253,000. The number of new listings were only 23, the average days on market was 50.   View all McKenzie Towne Homes for Sale   Looking to buy a home in McKenzie Towne, Calgary? Call the experts, call Calgary Home Team! We pride ourselves on providing the best and the highest level of professional real estate servic... 11/23/2012

  Thousands of families do their financial planning and budget at the end of the year and often realize that they need to change plans for their financial health.  Maybe you are you planning to consolidate your debts, need some money for some renovations,  looking for some extra cash before Christmas, or just want to reduce the amount of interest you are paying on existing credit cards.    If you own your home there are some great options for you and your family even if you don’t qualify for a bank loan, line of credit, or your mortgage is not up for renewal yet.  By establishing a second mortgage you can have access to funds you need right away and if you are consolidating high interest credit cards it will lower the amount of cash you have to put out each month as mortgage rates are l... 11/15/2012

Winter is officially here, if you live in an area with a cold and icy winter like we do here in Calgary, then you know how crucial it is to prepare you car for the slippery season. Recently Calgary Home Team came across an article in CREB now that offered some good tips, we found them very useful and worth sharing: Check the battery, it is where the electricity is stored and used to start the engine and car accessories. You can use a multimeter to test it yourself, but if you don'e have one just take it to a qualified mechanic to test it for you. Change to winter tires, as they give 50% better traction than ordinary ones, something you definitely need when driving on roads covered with snow or ice. If you are using plug it in, make sure there are no cracks or tears on the power cord. Bu... 11/15/2012

Here are the latest real estate numbers in Aburn Bay for October 2012:   Single Family Home: 12 sold properties, with an average sold price of $494,191, and a median sold price of $470,000. The number of new listings reached 23, and the average days on market was 53. Condominiums: 3 Sold condos, the average price was $300,666 and the median sold price was $300,000. The number of new listings were only 2, the average days on market was 57.   View all Auburn Bay Homes for Sale   Looking to buy a home in Auburn Bay, Calgary? Call the experts, call Calgary Home Team! We pride ourselves on providing the best and the highest level of professional real estate services to each and every client in the southeast communities of Calgary. Our experienced and highly trained agents have an extensive ... 11/12/2012

SOLD 420 Mahogany Boulevard - Calgary Southeast Another beautiful, brand new Trico home has just SOLD to Calgary Home Team's buyers in the Southeast community of Mahogany!!! This home  features a a large combined living/dining area, with 9ft ceilings and hardwood throughout the main floor! The kitchen is amazing, our buyers loved the black pearl granite countertops, and the stainless steel appliance, not to forget the maple cabinets with self closing drawers and doors!!! The upper level with its three bedrooms, huge bonus room with 10ft vaulted ceiling detail, and laundry room just add more to this home, close to all shopping area, and comes with lake access! View Mahogany Homes for Sale Mahogany is a great community to live in, it offers its residents a combination of many unique featu... 11/09/2012

Calgary real estate sales still on the rise in October with 23% increase in total residential sales over the same month last year, bucking a slower national trend! The latest market report released by CREB showed that since the beginning of the year 18,676 properties changed hands, raising the number of sales by 16% from the same period last year! This higher demand for housing was not satisfied however by the same level of increase in inventory, leading the prices to go up as a result! In the Single Family Home market, the average price reached $492,508 in October, 8% up form last year. The same trend is also trace in both townhouse and apartment categories where prices increased 9% and 6% respectively! Read more.....   When you're ready to buy or sell a home in Calgary, we are your re... 11/08/2012

Sold in Panorama Hills #203 50 Panatella Landing NW  This amazing townhouse condo in Panorama Hills is now sold to Calgary Home Team's buyers!! Located in Panorama Hills, the condo features a unique and bright floor plan with two bedrooms, efficiently designed kitchen with black appliances, in addition to N-FLOOR HEATING and CONTINUOUS HOT WATER system . Recently sold condos in Panorama Hills In October 2012: 8 condos were sold, with an average sold price of $244,062, and a median sold price of $228,000, compared to 2 in 2011 with an average and median sold price of $220,000. Between January and October 2012, Condos sold in Panorama Hills reached 84 sales, a 27% increase over the 66 units sold during the same period last year. The average sold price was $244,271 compared to $233,327 in ... 11/07/2012

Halloween is back! Haunted houses are loaded with spooky surprises prepared especially for those trick-or-treaters who dare to show up! But with all the excitement, let's not forget to keep our kids safe with these useful tips from CBC news: Asking your kid to wear a coat over his costume in the Autumn cold weather will definitely spoil the fun! Instead, buy him a loose costume, so he could wear his heavy clothes underneath it. Also make sure the costume is not too long to avoid any tripping hazard. If possible, replace masks with make up or face paint! Why? Because masks limit your kids vision. If your kid insists on wearing a mask, then make sure the eye holes are large enough to see through. Read the costume labels to ensure they are fire resistant. And for pumpkins, it is recommende... 10/30/2012

Gorgeous custom home only close to the heart of Kensington.Over 1990 sqft above grade of living space + a fully finished basement.This home features an open concept living space w/tons of upgrades including hardwood flooring,extensive use of granite,double detached insulated/finished garage,bbq hookup & much more.The kitchen has custom maple cabinetry,gas cooktop w/stainless steel hood fan,built in wall oven & granite counters.Living room features a stone facing gas fireplace,w/roughed in wiring connected to in-ceiling speakers including upstairs in all rooms,all w/separate volume controls.Main floor powder room features a glass pedestal sink.The incredible curved maple staircase take you to the upper level providing 3 bedrooms & laundry.The master w/walk in closets has a fabulous 5 pi... 10/30/2012

Are you thinking of purchasing a home in Calgary for the first time? Make sure you make the most informed decision as a first time home buyer. Get all the facts and tips you need before making any commitment. Our First Time Home Buyers Guide Part 2 will help get you started in the right direction! Be sure to check it out!   10/29/2012

New Brighton sales increased in 2012 with 199 total residential units sold by the end of the third quarter, compared to 129 in 2011 and 128 in 2010. Sold single family homes reached 166 during the same period, with an average sold price of $390,988 and a median sold price of $395,000. In 2011 only 107 single family homes were sold between January and September, with an average sold price of $381,792 and median sold price of $389,000. Condos and townhouses sales in New Brighton also increased, from 22 last year to 33 in 2012. The average and median sold prices dropped this year to $257,689 and 255,800 respectively compared to an average sold price of $262,563,  and median sold price of $264,750 by the end of the third quarter of 2011. Click here to read the detailed full report and get y... 10/29/2012

Calgary Home Team buyers are happy to find their dream home in Copperfield!  With the help of our skilled buyers' agents, this 2 storey home located at 538 Copperfield Blvd is now sold! Our buyers will enjoy living in their new home with its 3 bedrooms, and spacious kitchen that includes maple cabinets and black appliances.  Relaxing in the backyard backing onto path/green space is one of the reasons they fell in love with this home, that is also close to the new school, playground and a pond! Copperfield, located in the southeast quadrant, is one of the relatively new communities in Calgary. It's real estate offers a wide selection of home types, from condos and townhomes, to the laned and front garage homes, you will, for sure,  find what you are looking for in this desirable neighbor... 10/24/2012