Chamberlain Group Blog
The Musings of A Calgary Realtor®...Bike Bike’s Shout Out: Ride Everyday!
Are you tired of your daily routine of driving your car to work or even just for running errands nearby? Have you been considering to save expenses from gas and commute? Do you wanna be physically healthy and be active again? Why not ride a bike? For work. For errands. Or just simply for fun!
Urban Riding. Community Exploring. Transportation. That’s the focus of Bike Bike and that’s what make them different to other bike shops in the city of Calgary. Bike Bike’s mission is to spread their passion for bicycles and inspire their customers to make cycling as an important part of their daily life. By providing products and services, Bike Bike makes cycling not only possible but also enjoyable while leading the community in a positive and professional manner.
Located in the 17th Avenue SW, Bike Bike has lead the city with the premiere way of everyday cycling. They are boasting with classic European city bicycles by Pashley and Gazelle, commuting bicycles by LINUS, Brompton and Brodie and touring bikes by Salsa and Brodie. If you are looking for specific bicycles for your specific activities like everyday cycling and car-free living, bike commuting, pathway exploring, running errands and city cycling of all kinds, you can find what you need in Bike Bike. They also have the best selection in the city of baskets, bags, panniers sets, pannier racks and touring gear and so much more!
Bike Bike is taking the city of riders to the next level but still focusing on their primary aim of inspiring and empowering their customers, city dwellers and their employees to live a healthier and fuller lives through the simple pleasure of riding bikes as often as possible. And have fun riding their bikes!
Ride Everyday! That’s what Bike Bike is shouting out!
To learn more about Bike Bike, their products and services, feel free to visit their website at http://www.bikebike.ca/.
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
May 14, 2012
Tags: Bike Bike, Bike Bike’s Shout Out: Ride Everyday!, Bike Shop in Calgary, Local Inc. 52, Urban riding in Calgary
Calgary Single Family Market Stats
May 14, 2012
Let’s take a look at the real estate market especially the single family market housing stats. Currently there are 331 sales pending in the market overall, leaving 3742 listings still for sale. The resulting pending ratio is 8.1% (331 divided by 4,073). So you might be asking yourself, that’s great… but what exactly does it mean? I’m glad you asked!
The pending ratio indicates the supply & demand of the market. Specifically, a high ratio means that listings are in demand and quickly going to contract. Alternatively, a low ratio means there are not enough qualified buyers for the existing supply.
“Current inventory is described as somewhat slow.”
Taking a closer look, we notice that the $300K – $400K price range has a relatively large number of contracts pending sale.
We also notice that the $400K – $500K price range has a relatively large inventory of properties for sale at 865 listings. The median list price (or asking price) for all properties in this market is $499,900.
A total of 6361 contracts have closed in the last 6 months with a median sold price of $394,500. Breaking it down, we notice that the $300K – $400K price range contains the highest number of sold listings.
Alternatively, a total of 3984 listings have failed to sell in that same period of time. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time. The $300K – $400K price range has the highest number of off-market listings at 965 properties.
Click To View The Full Calgary Housing Market Report
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Calgary Condo Market Stats
May 14, 2012
Let’s take a look at the real estate market and specifically the condo market. Currently there are 139 sales pending in the market overall, leaving 1894 listings still for sale. The resulting pending ratio is 6.8% (139 divided by 2,033). So you might be asking yourself, that’s great… but what exactly does it mean? I’m glad you asked!
The pending ratio indicates the supply & demand of the market. Specifically, a high ratio means that listings are in demand and quickly going to contract. Alternatively, a low ratio means there are not enough qualified buyers for the existing supply.
“Current inventory is described as somewhat slow.”
Taking a closer look, we notice that the $200K – $250K price range has a relatively large number of contracts pending sale.
We also notice that the $250K – $300K price range has a relatively large inventory of properties for sale at 429 listings. The median list price (or asking price) for all properties in this market is $279,900.
A total of 2552 contracts have closed in the last 6 months with a median sold price of $254,600. Breaking it down, we notice that the $200K – $250K price range contains the highest number of sold listings.
Alternatively, a total of 1790 listings have failed to sell in that same period of time. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time. The $250K – $300K price range has the highest number of off-market listings at 390 properties.
Click To View The Full Calgary Housing Market Report
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Tags: Calgary Housing Market Stats, Calgary Real Estate, Market Stats for Condos
Calgary Region Building Permits Soar
Calgary Real Estate News
CALGARY — The value of building permits in March in the Calgary region soared year-over-year, according to the latest data by Statistics Canada.
The federal agency reported Monday that permits during the month were $457.7 million in the Calgary census metropolitan area, an increase of 33.3 per cent from March 2011 and up 2.9 per cent from February.
In Alberta, permits totalled $1.2 billion, representing a monthly hike of 5.6 per cent and an annual gain of 37.5 per cent.
The residential sector in the province rose to $698.3 million, up 6.8 per cent from February and an increase of 22.7 per cent from a year ago. The non-residential sector saw a whopping 64.6 per cent year-over-year spike to $509.9 million which was also an increase of 3.9 per cent from February. Want to read more in depth on this article? Just click the link below.
Calgary Region Building Permits Soar – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
Tags: Calgary Real Estate News
Airdrie Housing Market Booming
Calgary Real Estate News
CALGARY — The City of Airdrie, just north of Calgary, is experiencing a housing market boom these days.
From new home construction to resales, activity has taken an upward swing this year.
“The housing market in Airdrie is hot,” said Curt Woodhall, vice-president of sales and marketing for Vesta Properties, the developer and builder of the new Williamstown project in northwest Airdrie. “Vesta builds in a number of communities in Alberta and British Columbia and the Airdrie market in particular is very robust.”
Year-to-date, there have been 107 housing starts in Williamstown. Sales so far this year have included 60 for about $17 million with the average selling price of about $310,000.
The development on 66 hectares will have a total of 1,013 homes — 600 multi-family and 413 single-family — and over 60 per cent have already been sold.
“Vesta Properties is experiencing tremendous success in Williamstown in Airdrie,” said Woodhall, adding there will be 12 show home openings at the project’s grand opening celebration Saturday. “With low interest rates and good value for your dollar, we are seeing demand on every housing type from starter condominiums to luxury homes.” Want to read more in depth on this article? Just click the link below.
Airdrie Housing Market Booming – Calgary Real Estate
Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________
May 13, 2012
Tags: Calgary Real Estate News
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