Pammi Brar
RE/MAX Real Estate (Mountain View)
401,9650 HARVEST HILLS BLVD.NE, Calgary, Alberta
P: 403-247-5178 F: 403-247-5301
Email

Monday, May 31, 2010 - New Listing - C3430331

Just added this listing: "Custom built beautifull 2340 sq foot 2 story home. Located on quite street. One of the largest yard fully fenced landscaped, R.V parking, Very nice deck of kitchen and brick patio to enjoy your summer days. Main floor Den great room nice large kitchen with central island Stainless steel appliances and walk through pantry. 3 very good size bed rooms up stairs Masrer bed rm with delux bath and walk in closet. Huge bonus room with gas fire place and vaulted celings. List ... Full Article...
   posted in Listings at Mon, 31 May 2010 06:00:00 -0600



Thursday, May 27, 2010 - B.C. developers taking aim at Alberta property buyers ahead of HST-calgary herald

CALGARY - Recreational property developers in B.C. are targeting potential Alberta homebuyers prior to the province's introduction of the harmonized sales tax on July 1. "We're doing absolutely everything we can to reach out to those who have shown interest in purchasing property in the area by letting them know postponing could cost them tens of thousands of dollars," said Frank Kernick, developer of Copperside at Lakeview Meadows in Invermere, B.C. "Regardless of the development, second-home ... Full Article...
posted in News at Thu, 27 May 2010 11:35:10 -0600



Thursday, May 27, 2010 - Oil leaps 4% on demand hope, equities rally-calgary herald

NEW YORK -- Oil prices jumped nearly 4 percent on Wednesday, their biggest gain in over three months, as bargain-hunting lifted Wall Street and government data showed a big bounce in U.S. oil demand. A cautious recovery in risk appetite aided oil along with U.S. stocks and other commodities as traders reckoned a weeks-long rout may have run its course, with positive sentiment and strong manufacturing data overshadowing a larger-than-expected rise in U.S. crude oil stockpiles. U.S. crude rose $2 ... Full Article...
posted in News at Thu, 27 May 2010 11:33:57 -0600



Thursday, May 27, 2010 - U.S.-style housing market collapse not likely in Canada, CREA says-calgary herald

CALGARY - Canadian homeowners are unlikely to experience a U.S.-style decline in the value of their homes, says a report released today by the Canadian Real Estate Assocation. Instead, home prices will stabilize and will remain stable for some time, said the report. "The relationship between average price and income has recently been cited as portending a U.S.-style correction in Canadian home prices," said Gregory Klump, chief economist with CREA. "However, such warnings ignore the longer-te ... Full Article...
posted in News at Thu, 27 May 2010 11:32:43 -0600



Thursday, May 27, 2010 - Just Sold - C3429488

Just sold this listing: "Lowest price single family bi level home.Fully developed basement with large windows,family room,2bedrooms and 3 pcs bath,room for second kitchen.beautiful deck of kitchen with built in benches to enjoy your summer.Walking distance to LRT,marlborough mall,schools,very easy to access to down town."
   posted in Listings at Thu, 27 May 2010 06:00:00 -0600



Wednesday, May 26, 2010 - B.C. developers taking aim at Alberta property buyers ahead of HST-calgary herald

CALGARY - Recreational property developers in B.C. are targeting potential Alberta homebuyers prior to the province's introduction of the harmonized sales tax on July 1. "We're doing absolutely everything we can to reach out to those who have shown interest in purchasing property in the area by letting them know postponing could cost them tens of thousands of dollars," said Frank Kernick, developer of Copperside at Lakeview Meadows in Invermere, B.C. "Regardless of the development, second-home ... Full Article...
posted in News at Wed, 26 May 2010 11:26:09 -0600



Wednesday, May 26, 2010 - Okotoks solar heating experiment hits milestone; 80% of heating needs met-calgary herald

An alternative-energy experiment in Okotoks has reached a milestone thought to be a world first, and may now be on track to exceed its creators' expectations. The 52 homes that make up the Drake Landing solar community are heated year-round by a circuit of pipes carrying water warmed by the sun. It was announced Tuesday that after three years, the system is now meeting its intended target of supplying 80 per cent of the homes' heating needs. An overseer from Natural Resources Canada, which cont ... Full Article...
posted in News at Wed, 26 May 2010 11:24:29 -0600



Tuesday, May 25, 2010 - Alberta only province to see improved housing affordability in Q1 2010-calgary herald

CALGARY - Alberta was the only province to experience an improvement in housing affordability in the first quarter of 2010, according to the latest housing report released today by RBC Economics Research. The RBC Housing Affordability measures for Alberta eased between 0.1 and 0.6 of a percentage point, further extending the significant drop in the measures since the end of 2007, a trend that was only briefly halted last summer — a drop in the measure means homes are more affordable, said ... Full Article...
posted in News at Tue, 25 May 2010 11:02:07 -0600



Tuesday, May 25, 2010 - Owning a home becoming more difficult for households below $50,000 in income: CIBC-calgary herald

CALGARY - Home Ownership remains within reach for most Canadians but is getting increasingly difficult for families with household income less than $50,000, finds CIBC World Markets Inc.'s new Home Ownership Affordability Index. Canadians spend 15.6 per cent of their average gross personal income on mortgage payments, which is about the same as 10 years ago, said the report. But when adding in hydro bills and property/municipal taxes, it rises to about 22 per cent of gross income. "The vast maj ... Full Article...
posted in News at Tue, 25 May 2010 11:00:29 -0600



Tuesday, May 25, 2010 - Construction pace triples-calgary herald

The value of building permits for multi-family homes approved by the city for the first four months of this year is more than triple that of the same period last year, says the City of Calgary. To the end of April, more than $110 million worth of permits for duplexes, apartments and townhouses was given the nod by the development and building approvals department. For the same period a year ago, the value was slightly more than $36 million. Of the 329 multifamily permits approved from January t ... Full Article...
posted in News at Tue, 25 May 2010 10:58:51 -0600



Tuesday, May 25, 2010 - New Listing - C3429488

Just added this listing: "Lowest price single family bi level home.Fully developed basement with large windows,family room,2bedrooms and 3 pcs bath,room for second kitchen.beautiful deck of kitchen with built in benches to enjoy your summer.Walking distance to LRT,marlborough mall,schools,very easy to access to down town."
   posted in Listings at Tue, 25 May 2010 06:00:00 -0600



Saturday, May 22, 2010 - Just Sold - C3424820

Just sold this listing: "Nice and clean best priced almost 1200 sq foot bi-level 3 bedrooms up+2 bedrooms in basement with separate entrance. Very easy to suite(illeagle)and 2.5 baths.Fully fenced and landscaped corner lot,quite location,double detached garage and single carport.very nice deck of kitchen nook.2 fire places, one wood burning franklin stove in lower level and one gas fire place in family room. Upgrades includes newer leminate flooring,tile entrance,paint,shingles and less than 5 ... Full Article...
   posted in Listings at Sat, 22 May 2010 06:00:00 -0600



Friday, May 21, 2010 - Calgary a 'buyer's market' as 5-7% growth forecast: report-calgary herald

Calgary resale homes are expected to experience five to seven per cent year-over-year price growth in the short term, says a report released today by the Conference Board of Canada. The Metro Resale Index classified Calgary as being in a “buyer’s” market. The average MLS residential sale price in April in Calgary was $392,646, down from $399,104 in March but up from $368,025 in April 2009. The conference board said Victoria, Vancouver, the Fraser Valley, Halifax and Newfoundla ... Full Article...
posted in News at Fri, 21 May 2010 13:00:51 -0600



Thursday, May 20, 2010 - Interest in multi-generational homes on the rise: Coldwell Banker-calgary herald

CALGARY - Family reunions are taking on new meaning in the real estate market, according to recent surveys by Coldwell Banker Real Estate LLC. A survey of its real estate professionals in both Canada and the United States found that a large percentage have noticed in the past year an increase in homebuyers looking for a property to accommodate more than one generation of their family. Overall, 37 per cent of respondents said they have seen an increased demand for multi-generational homes, but i ... Full Article...
posted in News at Thu, 20 May 2010 10:49:53 -0600



Thursday, May 20, 2010 - Recreational property sales jump this year versus last: Re/Max-calgary herald

CALGARY - Recreational property sales in most major Canadian markets have soared this year compared with a year ago, according to a report released today by Re/Max. The 2010 Re/Max Recreational Property Report found that 79 per cent of recreational areas reported an upswing in the number of properties sold during the first three months of the year. Starting prices for recreational product were also on the move with 43 per cent posting a nominal increase. The report said the number of units in C ... Full Article...
posted in News at Thu, 20 May 2010 10:48:31 -0600



Monday, May 17, 2010 - Resale housing markets in Calgary, Alberta lag in april-calgary herald

CALGARY - Residential MLS sales and price growth in Calgary and in Alberta lagged behind the national averages in April as the housing market showed initial signs of cooling, according to a report released today by the Canadian Real Estate Assocation. CREA said there were 2,382 MLS sales in Calgary last month which was up 7.4 per cent from a year ago. The average sale price was $395,847 for a 6.4 per cent hike from April 2009. In Alberta, CREA said sales increased by 5.9 per cent to 5,544 u ... Full Article...
posted in News at Mon, 17 May 2010 10:32:34 -0600



Monday, May 17, 2010 - Retail growth in Alberta to lead Canadian provinces in 2011-calgary herald

CALGARY - Retail sales in Alberta are expected to lead the country next year in rate of growth as consumers will spend to the tune of nearly $62 billion for the year. The Conference Board of Canada is forecasting an annual growth rate of 5.5 per cent for the province next year which would tie it with Ontario for the highest growth across the country. Nationally, sales are expected to rise by 4.9 per cent in 2011 to $458.1 billion. The forecast for this year in Alberta is for 5.0 per cent growth ... Full Article...
posted in News at Mon, 17 May 2010 10:30:25 -0600



Monday, May 17, 2010 - Hart mansion formerly owned by Calgary wrestling family for sale-calgary herald

Described as “one of the most sophisticated buying opportunities of this century,” the iconic Hart mansion, one of the country’s most famous historical residences, has been listed for sale in Calgary for nearly $5 million, the Herald has learned. The three-storey mansion, formerly owned by wrestling’s famous Hart clan and currently owned by Dario Berloni, owner of the downtown Teatro Restaurant, is about 5,600 square feet on about one hectare of land with stunning views ... Full Article...
posted in News at Mon, 17 May 2010 10:28:11 -0600



Monday, May 17, 2010 - CREB Talk Friday, May 14, 2010-remax

IN THIS ISSUE Friday, May 14, 2010   News & Announcements   · RECA’s statement regarding BMO fraud case · Important ActiveKEY firmware upgrade · Order your 2011 CREB® calendars early · Check out DNCLcheck.com · CREB® employment opportunity · CREA fall 2009 member survey prize winners · Social Media: Be a Digital REALTOR®! · Get started with Document Manager on MLXchange   Business Practices Issues Briefs · CREB® grow-op policy   CREB® Publications Features · Get your listing in the Calgar ... Full Article...
posted in General at Mon, 17 May 2010 10:25:14 -0600



Thursday, May 13, 2010 - New Listing - C3427460

Just added this listing: "Perfwct location and perfect home for growing up family.MAin floor kitchen with island,pantery and eating nook.Leading to fully febced landscaped yaed with deck.3 good size bedrooms up.Master bedroom with walk in closet and huge bonus room with 10 foot high ceiling.Basement finished with extra bed room and game room needs only carpet.Located across from huge city park,close to bus stop,schools and shops.call for personal viewing very easy to show."
   posted in Listings at Thu, 13 May 2010 06:00:00 -0600



Wednesday, May 12, 2010 - New home prices in Calgary CMA outpaced Canadian average-calgary herald

CALGARY - The price of new homes in the Calgary census metropolitan area rose at a higher rate in March than the Canadian average, according to Statistics Canada. In releasing its New Housing Price Index today, the federal agency said prices were up 0.4 per cent in Calgary from the previous month and 2.0 per cent from March 2009. The national increase in the NHPI was 0.3 per cent on a monthly basis and 1.6 per cent year-over-year. The federal agency said the national index has been advancing si ... Full Article...
posted in News at Wed, 12 May 2010 10:29:17 -0600



Wednesday, May 12, 2010 - Calgary industrial leasing market showing signs of recovery: Avison Young-calgary herald

CALGARY - There are signs within the leasing sector of a recovery in the Calgary industrial market, says a report released today by Avison Young. The commercial real estate firm said vacancy in the industrial real estate market was 9.7 per cent in the first quarter of this year, down from 11.2 per cent at the end of 2009 but up from 9.3 per cent a year ago. Vacancy has hovered between nine per cent and 11 per cent, average 10 per cent, for the past five quarters. “This most recent decline ... Full Article...
posted in News at Wed, 12 May 2010 10:27:00 -0600



Wednesday, May 12, 2010 - Calgary-area investment activity declines in Q1 2010-calgary herald

CALGARY - The total dollar volume of investment transactions in the Greater Calgary Area decreased by 35 per cent in the first quarter of this year compared with the previous quarter, says a report released today by RealNet Canada Inc. However, the decline is due to the $253-million sale of Sunridge Mall from Ivanhoe Cambridge to Primaris REIT in the last quarter of 2009. A total of 71 transactions of over $1 million took place in the first quarter, representing $364 million. RealNet said in it ... Full Article...
posted in News at Wed, 12 May 2010 10:25:35 -0600



Tuesday, May 11, 2010 - CMHC: Calgary housing starts almost triple in April-calgary herald

CALGARY - Housing starts in the Calgary census metropolitan area almost tripled in April compared with a year ago, according to data released today by Canada Mortgage and Housing Corp. Total housing starts reached 909 units last month, up from 321 units in the previous year. To the end of April, total housing starts increased from 1,067 units in 2009 to 3,070 units in 2010. The CMHC said single-detached builders started work on 642 homes in April, up from 234 units started a year earlier. &ldqu ... Full Article...
posted in News at Tue, 11 May 2010 10:08:14 -0600



Tuesday, May 11, 2010 - Calgary industrial leasing market showing signs of recovery: Avison Young-calgary herald

CALGARY - There are signs within the leasing sector of a recovery in the Calgary industrial market, says a report released today by Avison Young. The commercial real estate firm said vacancy in the industrial real estate market was 9.7 per cent in the first quarter of this year, down from 11.2 per cent at the end of 2009 but up from 9.3 per cent a year ago. Vacancy has hovered between nine per cent and 11 per cent, average 10 per cent, for the past five quarters. “This most recent decline ... Full Article...
posted in News at Tue, 11 May 2010 10:06:29 -0600



Tuesday, May 11, 2010 - New Listing - C3427220

Just added this listing: "You will love this home.Very well kept bright 3 bedrooms bi-level.Master bedroom with cheater door to main bath.Basement developed to enjoy to enjoy your family and friends in huge rec. room.Roughed in bathroom, lots of large windows, very easy to be suited.Very nice open kitchen with eating nook.Patio door to good size deck.Fully fenced and landscaped yard. Two car gravel parking at back.Enough room to build double garage."
   posted in Listings at Tue, 11 May 2010 06:00:00 -0600



Monday, May 10, 2010 - Prudence will pay off for Canadian homeowners as interest rates rise: report-calgary herald

Canadians appear well prepared to face the new phase of the residential mortgage market, where interest rates are rising and house activity is easing off, according to the sixth biannual review of the Canadian mortgage market by the Canadian Association of Accredited Mortgage Professionals released today. Highlights of the report include: consumer concern about rising rates is offset by increasing home equity; many mortgages were renegotiated at lower rates and amortization periods are declinin ... Full Article...
posted in News at Mon, 10 May 2010 09:44:38 -0600



Monday, May 10, 2010 - CMHC: Calgary housing starts almost triple in April-calgary herald

CALGARY - Housing starts in the Calgary census metropolitan area almost tripled in April compared with a year ago, according to data released today by Canada Mortgage and Housing Corp. Total housing starts reached 909 units last month, up from 321 units in the previous year. To the end of April, total housing starts increased from 1,067 units in 2009 to 3,070 units in 2010. The CMHC said single-detached builders started work on 642 homes in April, up from 234 units started a year earlier. &ldqu ... Full Article...
posted in News at Mon, 10 May 2010 09:43:05 -0600



Monday, May 10, 2010 - Creb talk

IN THIS ISSUE Friday, May 7, 2010   News & Announcements   · Information on BMO mortgage fraud case · CREB® financial statements now posted · View the Annual General Meetings’ minutes on REALTORLink® · CREB® employment opportunity · Residential Measurements Workshop · Member survey prize winners · Get the Dirt on Remediation Certificates (Webinar) · CREB® Statistics Seminar · MLXchange End User Survey indicates most users satisfied with the program · REALTORLink® poll results   Business P ... Full Article...
posted in General at Mon, 10 May 2010 09:39:12 -0600



Friday, May 7, 2010 - Calgary's CIR Realty joins international home sales -calgary herald

CALGARY - Calgary-based CIR Realty, one of Canada’s largest independent real estate organizations, has joined an international luxury home market network. “What it’s going to mean specifically for our company is that we’re going to have the tools that we need to properly service a luxury home, a luxury listing,” said Ron Stader, broker and co-owner of CIR with his brother Ray. “And we’re also going to have the tools to work with buyers that are in the ... Full Article...
posted in News at Fri, 07 May 2010 14:40:39 -0600



Wednesday, May 5, 2010 - Calgary ranks 49th among world's most expensive office market-calgary herald

CALGARY - Calgary is ranked 49th overall in the world when it comes to the most expensive office markets, according to CB Richard Ellis Ltd. In its semi-annual Global Office Rents survey, released today, the commercial real estate firm said Calgary made the list with office occupancy costs of $51.69 per square foot. Toronto was ranked 34th at $60.77 while Vancouver was 39th at $56.33. The survey tracked occupancy costs for prime office space in 176 cities around the globe. The most expensive ... Full Article...
posted in News at Wed, 05 May 2010 15:22:01 -0600



Tuesday, May 4, 2010 - New Listing - C3426299

Just added this listing: "Very Bright and spacious single family home on quiet close. This four level split is including 3 bedrooms, 2 fulls bathrooms, bay windows and a sunny South back yard. Great family home at an excellent price...Schedule a tour and see for yourself."
   posted in Listings at Tue, 04 May 2010 06:00:00 -0600



Monday, May 3, 2010 - Calgary luxury home sales surging in 2010-calgary herald

CALGARY - Affluent purchasers moved in the first quarter to take advantage of low interest rates, pushing luxury home sales in Calgary to nearly double what they were a year ago. Although the high-end market is not on fire like it was a couple of years ago during the real estate boom, it has picked up dramatically from the recession in 2009. In Calgary, for the first quarter of this year, 67 upper-end properties valued at more than $1 million were sold compared with 35 during the same period ... Full Article...
posted in News at Mon, 03 May 2010 12:37:46 -0600



Monday, May 3, 2010 - Canadians should be wary of potential -calgary herald

CALGARY - House prices are rising faster than economic fundamentals warrant and could decline with a housing “bubble” developing but not a “bust,” says Edward Jones in a report released today. “Canada’s housing market escaped the recent severe downturns in the U.S. and other countries,” said the report authored by Kate Warne and Craig Fehr. “However, today’s conditions in Canada share some characteristics of those countries prior to their ... Full Article...
posted in News at Mon, 03 May 2010 12:36:10 -0600



Monday, May 3, 2010 - Calgary the only major Canadian CMA still -calgary herald

CALGARY - Calgary is the only Canadian major metropolitan area where house prices remain below their peak level, according to a report released today by Teranet-National Bank. The report, which measures prices of all dwellings sold at least twice, said Calgary is still 10 per cent down from its peak in August 2007. In February, Calgary prices declined by 0.4 per cent from the previous month but were up 2.2 per cent from year ago levels, according to the Teranet-National Bank House Price Index ... Full Article...
posted in News at Mon, 03 May 2010 12:34:11 -0600



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