I'm committed to helping my clients buy, sell and enjoy their homes and I strive to provide an added level of value and service at every stage of the Real Estate transaction. 
Stable housing market predicted in 2009
CMHCs housing market outlook for 2009 is discussed in a Calgary Herald article at this link. I previously discussed this report on my podcast and have linked to the original report here.
One result will be the end of the current buyers’ market.
The average resale home price will be $406,000, the federal agency predicts, barely above the anticipated 2008 price of $405,000 and down almost two per cent from $414,000 in 2007.
Desjardins Housing Affordability Index
Here’s a link to an interseting article in the Financial Post reporting that housing affordability has increased across Canada so far in 2008. This is due to softer prices combined with decreased mortgage rates. While there is still uncertainty on the horizon for many parts of the global economy the report by Desjardins suggests that housing affordability is moving closer to its long term average.
Open House Schedule - November 29 & 30
This Weekend’s upcoming Open Houses:
Saturday November 29, 2008
#14, 10001 Brookpark Blvd SW - $319,900
Beautifully renovated 3 bedroom townhome, attached garage.
[Video Tour] [Map and Directions]
Sunday November 30, 2008
#106, 11642 Valley Ridge Park NW
1300 sq. ft. 2 bed, 2 bath luxury condo backing onto Valley Ridge Golf Course.
[Video Tour] [Map and Directions]
How NOT To Buy a Home - Ep #14
Featured properties are now available in video tours on Tour Homes in Calgary.
Contact Info:
Michael Bladon - RE/MAX Realty Professionals
(877) 259-4141 - homes@michaelbladon.com
Comments are feedback are most welcome, please email homes@michaelbladon.com
Bow River Terrace - Luxury 2 bedroom condo
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#106 - 11642 Valley Ridge Park NW - $359,900
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Request information or schedule a private showing:
Just Listed - Bow River Terrace $359,900
This one is all about lifestyle
[map view] [full details]
The first time on the market for this gorgeous 1300 sq.ft 2 bed, 2 bath suite in luxurious Bow River Terrace. Backing onto the Valley Ridge golf course, an easy walk to the club house. Enjoy carefree living and entertaining in this spacious home featuring 9’ ceilings, open concept island plan kitchen and large living area with gas fireplace, large windows and door to the private 450 sq.ft. terrace with gas line for your BBQ. The master bedroom will be your personal retreat with 4-pc ensuite bath, dbl vanities and huge walk-in closet, and enjoy walk-out access to the terrace. Another well sized bedroom or home office, add’l 3 piece bath, in-suite storage and laundry complete the story inside. This exclusive condominium has just 32 suites. This unit includes a two-car indoor titled parking stall, in-suite storage and additional storage locker. The bright, secure parking garage has a car wash for your convenience. This spectacular home is ready when you are, see it today.
Friday Report - November 21, 2008
This update covers the activity for the period of November 1 - November 19, 2008
| Calgary Metro - Single Family | 2008 | 2007 | % Change |
| Sales | 427 | 630 | (32.2%) |
| New Listings Added | 1,098 | 1,355 | (18.9%) |
| Inventory | 5,400 | N/A | N/A |
| Sales to New Listings | 39% | 45% | (6%) |
| Sales to Inventory | 8% | N/A | N/A |
| Calgary Metro - Condominium |
2008 | 2007 | % Change |
| Sales | 166 | 282 | (41.1%) |
| New Listings Added | 500 | 625 | (20%) |
| Inventory | 2,570 | N/A | N/A |
| Sales to New Listings | 33% | 45% | (12%) |
| Sales to Inventory | 6% | N/A | N/A |
This report is based on data made available by the Calgary Real Estate Board on November 21, 2008.
Home Inspections - Ep #13
Download MP3 File
Featured properties are now available in video tours on Tour Homes in Calgary.
Articles mentioned on this show:
CMHC Market Outlook for Calgary
Contact Info:
Michael Bladon - RE/MAX Realty Professionals
(877) 259-4141 - homes@michaelbladon.com
Comments are feedback are most welcome, please email homes@michaelbladon.com