Calgary REALTORS ® | REALTORS® in Calgary | MLS Listings Calgary- Jared and Rebecca Chamberlain

Calgary Luxury Condo Unit Pre-sells for Record $8.3 Million

Admin-VA — Sun, 05 Feb 2012 07:00:02 +0000

Calgary Real Estate News

CALGARY — Calgary condo sales have reached new heights after a luxury unit fetched a record $8.3 million, before construction has begun.

The 5,260-square-foot condo will cover the entire 12th floor of the 15-storey development called The River, located along the Elbow River, which flows through the southern portion of the city.

Already, more than $30 million in real estate has been spoken for in the project, which includes 38 residences — 27 units in the tower and 11 town houses.

Anne Clarke, director of sales for The River, said eight sales have been completed and three deals are pending.

“These (buyers) are business leaders. They are leaders in not only business, but in our community,” Clarke said.Other sales in The River have included units for $5.7 million and $5.5 million. Want to read more in depth on this article? Just click the link below.

Calgary Luxury Condo Unit Pre-sells for Record $8.3 Million - 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. ____________________________________________________

Canadian Home Prices Slide For First Time in a Year

Admin-VA — Sat, 04 Feb 2012 07:00:38 +0000

Calgary Real Estate News

OTTAWA — Canadian house prices dropped in November for the first time in nearly a year, according to the monthly Teranet-National Bank house price index released Wednesday.

The 0.2% drop followed two months of flat prices, and was the first decline in the index since a “brief correction during the three months ending November 2010,” said National Bank senior economist Marc Pinsonneault.

The national composite index, which tracks registered prices of homes sold at least twice, shows prices fell in eight of the 11 metropolitan markets tracked — one more than in October.

“Calgary and Victoria stood out with declines of 1.6% and 0.9% respectively,” said Mr. Pinsonneault, noting the declines were much smaller in the other six markets, though declines in Toronto, Hamilton and Winnipeg “are noteworthy in that these three markets are considered tight.” Want to read more in depth on this article? Just click the link below.

Canadian Home Prices Slide For First Time in a Year – 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. ____________________________________________________

Calgary’s Top 5 Priciest Condos for Sale

Admin-VA — Fri, 03 Feb 2012 07:00:53 +0000

Calgary Real Estate News

A condo in The River, a luxury residential development in Calgary, has sold for a record $8.3 million — the most expensive condo sale ever in the city. Take a look at the next five most expensive condos listed for sale on the MLS. Want to read more in depth on this article? Just click the link below.

Calgary’s Top 5 Priciest Condos for Sale – 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. ____________________________________________________

Real Estate Deals for Calgary’s Fire and Police Officers

Admin-VA — Thu, 02 Feb 2012 07:00:19 +0000

Calgary Real Estate News

A discount realtor with an office in Calgary is offering quite a deal for emergency personnel buying or selling a home.

The company, 2% Realty, will list and sell homes free of charge to any employee of the fire and police departments, as well as emergency medical and military workers.

The company’s founder tells The Calgary Herald it’s a way to show their appreciation and support.

The offer is also available to first responders and military members in Edmonton and Vancouver. Want to read more in depth on this article? Just click the link below.

Real Estate Deals for Calgary’s Fire and Police Officers – 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. ____________________________________________________

207 Cranberry Close SE

Admin-VA — Thu, 02 Feb 2012 02:17:05 +0000

Three bedroom Cranston family home close to parks, schools, shopping, and with easy access to Deerfoot Trail. Light & bright with neutral tones throughout and vaulted ceilings on the main, this home offers a modern open floor plan; the living room showcases a huge bay window and the kitchen features sleek black appliances & a raised breakfast bar. Upstairs, you will find two bedrooms and a full bath while in the developed lower levels you will find a versatile & spacious rec room, a full bath, and the third bedroom. Don’t miss out on this great home in this family-friendly neighbourhood – call to arrange a viewing today!

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. ____________________________________________________

Real Estate May Do An Encore

Admin-VA — Wed, 01 Feb 2012 07:00:40 +0000

Calgary Real Estate News

With real estate being one of the top performing sectors in 2011 — the S&P/TSX Capped REIT index was up by 15%, or 24 percentage points above the return for the S&P/TSX composite — some have argued real estate won’t generate a repeat performance this year.

But Jeffrey Olin, a former real estate executive turned investment banker turned portfolio manager at Vision Capital Corp. isn’t in that camp. Mr. Olin, who co-oversees the three property funds that are home to about $100-million in assets, believes the fundamentals continue to be attractive.

“The prospect of low-long-term Japanese-style interest rates for the foreseeable future bodes extremely well,” said Mr. Olin, citing a 2.85% 10-year mortgage recently given to one of the country’s largest apartment rental companies. Want to read more in depth on this article? Just click the link below.

Real Estate May Do An Encore – 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. ____________________________________________________

Price per Square Foot in Residential Real Estate

Admin-VA — Wed, 01 Feb 2012 02:35:30 +0000

Click here to view the embedded video.

Jared Chamberlain, a Partner at The Chamberlain Group and a Calgary REALTOR®, talks about Price per Square Foot in Residential Real Estate on this video. Please watch and if you have any questions or you want more information about this, please give us a call at 403.366.3130 or email at sales@tcgroup.ca

Transcription Text

“Hey this is Jared Chamberlain with ChamberlainGroup.ca and Royal LePage Foothills.”

“Over the past week I’ve actually had a couple of people asked me, we had a conversation regarding price per square foot and using it as a measuring tool in different homes. When you are kinda looking at comparables and such.”

“So I wanted to kinda shed some light on it because it is a good tool to use, however it’s not the best way to look at it. The big thing when using a price per square foot is you have to look at more details of the home than what… just looking at a straight number.”

“For example, if you have two homes one is basically let’s say original home, original condition but in super good condition. They really maintained it. And they have another home, same square footage, same location or same community anyways and it has not been maintained like this first one. But two, it’s in original condition. Now if you took this two homes you did a price per square foot on them, it could completely different.”

“So the problem with that, is that you end up having two out of wack numbers and granted they are two different types of product. But that’s exactly it. In residential there’s so many different types of products, they’d tell you, you have to take a little deeper and dig a little deeper with it. Price per square foot is used a lot in commercial, and there a reason for it.”

“So if you have any questions, any problems, you want to have a conversation with it, whatever maybe… give me a shout at 403.366.3130. Or you can always email me at jared@tcgroup.ca. Hope you have a good day!”

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 Foreclosures: Are There Some Good Deals?

Admin-VA — Wed, 01 Feb 2012 01:50:53 +0000

Click here to view the embedded video.

Joel Anderson, a Partner at The Chamberlain Group and a Calgary REALTOR®, talks about Foreclosure Properties on this video. Please watch and if you have any questions or you want more information about this, please give us a call at 403.366.3130 or email at sales@tcgroup.ca.

Transcription Text

“Hey everybody this is Joel Anderson with ChamberlainGroup.ca and Royal LePage Foothills.”

“I’m standing in a property we have listed down here in Marda Loop, it’s foreclosure. I just want to quickly talk about foreclosure properties with you and the difference between that and a regular listing.”

“I’m noticing that probably 20-30% of the showings that I’m doing are foreclosure properties. And good majority of those are actually pretty decent properties. And so, there’s a bit of difference process involved when you’re buying a foreclosure property and there are some things that you need to be aware of.”

“But if you want to chat about that or if you need information on any specific foreclosure properties, please give me a call. Also if you are interested on being put on a list where you can get email foreclosure properties as soon as they come out in the market.”

“Give me a call at 403.366.3130 or you can email me at joel@tcgroup.ca. Have a great day! Thanks.”

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. ____________________________________________________

How the Calgary Construction Industry is Improving Its Understanding of Wind

Admin-VA — Tue, 31 Jan 2012 07:00:20 +0000

Calgary Real Estate News

Ron Chapman saw the big wind roaring towards Calgary an hour before it arrived and was able to warn city hall to prepare.

That’s one reason there were no serious injuries when recent 120 kilometres per hour wind gusts sent windows and other debris flying off downtown office towers.

Chapman, of world renowned wind experts RWDI, wishes he could have done the same thing for his hometown of Goderich, which was clobbered last August by 300 km/h winds that killed one man, injured 37 other residents and caused millions in property damage.

“Most of the homes on my old paper route were seriously damaged by that tornado,” said Chapman. Want to read more in depth on this article? Just click the link below.

How the Calgary Construction Industry is Improving Its Understanding of Wind – 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. ____________________________________________________

Calgary Single Family Market Stats

Admin-VA — Tue, 31 Jan 2012 00:37:18 +0000

January 30, 2012

Let’s take a look at the real estate market especially the single family market housing stats. Currently there are 185 sales pending in the market overall, leaving 2742 listings still for sale. The resulting pending ratio is 6.3% (185 divided by 2,927). 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 $300K – $400K price range has a relatively large inventory of properties for sale at 630 listings. The average list price (or asking price) for all properties in this market is $614,751.

A total of 5558 contracts have closed in the last 6 months with an average sold price of $457,485. Breaking it down, we notice that the $300K – $400K price range contains the highest number of sold listings.

Alternatively, a total of 5877 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 1,501 properties.

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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. ____________________________________________________