It is still early in the year and the market is active with the far majority of sales under the $500,000 price range. This combined with the continuing low interest rates shows it is still a good time to buy. The only draw back would be a slightly lower inventory then hoped for but with spring approaching this may be remedied. Airdrie is still on the slow side compared to previous years with about 300 active listings. New homes are following suit and waiting like most people for a full recovery ... Full Article...

May 2009, Compliments of Sandra Norris: Market Watch. The Bank of Canada's expectations haven't changed since last month's rate announcement, according to their Deputy Governor, John Murray. He addressed the Global Interdependence Center in Philadelphia, Pennsylvania on May 19th, and confirmed their commitment "to keep the rate there until the end of the second quarter of 2010, conditional on the inflation outlook." Canada has had less need for unconventional measures, as we've "not been subje ... Full Article...

I have found mario Toneguzzi to be fairly accurate and have well researched articles on real estate. Here is one of his recent stories. By Mario Toneguzzi, Calgary Herald                         May 27, 2009 CALGARY - Calgary home prices have seen the steepest decline in the country from peak levels, according to a new housing report released today. The Teranet-National Bank House Price Index said house prices in the Calgary metropolitan area have fallen by 12.7 per cent from their peak in ... Full Article...

What a turn around! The Calgary Real Estate Board posted stats for last December showing just over 300 sales for a board area covering over 1 million people. Yes it was extremely slow. All that has chaged thanks to the drop in prices after a boom period and the lowest interest rates in Canadian history. This has spurred the entry level, first time buyers into action and has seen things heat up substantially. You just can’t hold people down forever. Our government is also talking about n ... Full Article...

We are back from our Caribbean vacation and it is still cool with ice and snow around. Hurry up spring. The market is still in the buyers court. Prices are slowly dropping and downward pressure is continuing due to the world wide recession and overall economic outlook.  People need to find confidence before things will turn around. First time buyers should give good thought to getting their first property as rates are at an all time low and there are many homes to choose from. Some lenders stil ... Full Article...

That's what I am calling it anyway...as most buyers are sitting and watching for now. And who can blame them.  After talking with many Airdrie and Calgary realtors the overall view is that much of the speculator held property has been sold and we appear to be slowly moving into a more balanced market. January has seen a decent increase in listing numbers but the sales are not keeping pace. People are still nervous about the economy and job security. I am optimistic that things will smooth out a ... Full Article...

Today marks the first day of the new website. The new site offers a wealth of fresh industry information that's constantly being updated. Have a great time checking it out!