Calgary Realtor - Pammi Brar | Thoughts on Real Estate

Pammi Brar
RE/MAX Real Estate (Mountain View)
401,9650 HARVEST HILLS BLVD.NE, Calgary, Alberta
P: 403-247-5178 F: 403-247-5301
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Monday, January 26, 2009 - Prices Decline As Sales Drop - Calgary Herald - Jan 24, 2009

What a difference a year makes. From October to December 2007, just one condominium sold in the entire city for a price less than $200,000. Calgary Herald ArchiveThe inventory of resale condos has declined by nearly half since May. For the same period in 2008, nine neighbourhoods posted average prices below $200,000 for 23 condos. The fourth quarter is traditionally one of the slowest in the year for anyone selling a home. Kids in school are settled for the year, so their parents are not ab ... Full Article...

posted in News at Mon, 26 Jan 2009 08:29:01 -0700

Friday, January 23, 2009 - Real estate forecast called optimistic

The average MLS sale price for a singlefamily home in the city will drop by two per cent this year while for condos it will decrease by five per cent, says the Calgary Real Estate Board in its annual forecast released Wednesday. The board also said single-family listings will remain the same as in 2008 but sales will increase by 10 per cent. In the condo market, it forecasts listings to increase by five per cent in 2009 but sales to fall by five per cent. Despite a “significant slowdow ... Full Article...

posted in News at Fri, 23 Jan 2009 09:50:18 -0700

Wednesday, January 21, 2009 - Calgary Herald - Incoming Real Estate Chief Expects Return To Stability

Board president says buyers see opportunity The past year saw the local residential real estate market come back to earth after a couple of boom years when average prices were soaring. Grant Black, Calgary HeraldBonnie Wegerich, who takes over today as president of the Calgary Real Estate Board, says low interest rates, low unemployment and price adjustments are factors that have buyers returning to the market. When 2008 was over, the average MLS sale price of a single-family home in Calgary ... Full Article...

posted in News at Wed, 21 Jan 2009 08:44:09 -0700

Monday, January 19, 2009 - CALGARY LEADS HOME PRICE DECLINE - Calgary Herald January 16, 2009

Calgary posted the second-highest year-over-year percentage decline in residential MLS sales in the country in 2008 and led the country with the biggest annual drop in the average sale price, according to statistics released Thursday by the Canadian Real Estate Association. The national organization said total sales in Calgary last year dropped by 28.1 per cent, just behind the 35.5 per cent plunge in the Greater Vancouver real estate market. The average MLS sale price in Calgary fell by 2.1 ... Full Article...

posted in News at Mon, 19 Jan 2009 09:08:54 -0700

Thursday, January 15, 2009 - Real Estate More Stable Here Than Elsewhere in Canada - Calgary Herald

Road map to real estate ZoomBookmarkSharePrintListenTranslateBuying guide walks first-time home owners through process It’s a buyer’s market out there and first-time home buyers who resisted the urge to take the plunge when the market was hot are now finding good things come to those who wait. DEBRA BRASH, TIMES COLONISTMatt and Nicola Priestly rented while many of their friends were plunging into a high-priced real estate market. Now the young couple has been able to buy a home in ... Full Article...

posted in News at Thu, 15 Jan 2009 11:38:53 -0700

Monday, January 12, 2009 - CREB TALK

CREB TALK - January 9, 2009 REAL ESTATE MARKET COOLS AS 2008 COMES TO A CLOSE Single family Calgary metro sales for the month of December totaled 449, showing a decrease of 47 per cent from the 846 sales in December 2007 and showing a decrease of 33 per cent from November’s sales of 670. The year end number of Calgary metro single family sales was 13,455, showing a decrease of 27 per cent from the 18,438 sales recorded in 2007. The number of condominium sales for the month of December wa ... Full Article...

posted in News at Mon, 12 Jan 2009 08:37:48 -0700

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