Selling a House


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

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. ____________________________________________________
February 5, 2012

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Canadian Home Prices Slide For First Time in a Year

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. ____________________________________________________
February 4, 2012

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Calgary’s Top 5 Priciest Condos for Sale

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. ____________________________________________________
February 3, 2012

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Real Estate Deals for Calgary’s Fire and Police Officers

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. ____________________________________________________
February 2, 2012

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Real Estate May Do An Encore

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. ____________________________________________________
February 1, 2012

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