July 2012

Found 9 blog entries for July 2012.

Since it first opened in April 2011, the Calgary Farmer’s Market has become a local favourite to pick up organic fruits and vegetables, specialty foods or to just enjoy a relaxing afternoon lunch with a friend.

The Calgary Farmer’s Market is a bright and open place to wonder around, with a lively atmosphere and numerous eclectic vendors.  The market is very family friendly with an interactive children’s play area, stroller parking and large food court.

Don’t miss out on tasting a delicious Simple Simon pie, award winning slice of Gouda from Sylvan Star Cheese (a personal favourite) or world-famous Saskatoon pie from the Saskatoon Farm. Absolutely stop for a super yummy treat at the Buttercream Bake Shoppe and top if off with a fresh gourmet brewed

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New home sales in US and Canada.

With housing news good one day and bad the next, it’s hard for the public to know when the US housing market will really be on the road to recovery. The latest news from the US, suggests that Americans are regaining some confidence in the housing market. This is good news for Canadians even though our housing market did not suffer the same collapse as in the US.

The most recent positive housing indicator is the increase in US housing starts which rose 24 per cent in June 2012 from the same period in 2011. Canadian housing starts are showing steady positive gains as well with an increase of 9.9 per cent for the same period.

Another positive sign is the recent purchase of 2000 US foreclosed homes by American asset management and financial services

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West 17th Lofts in Calgary’s prestigious Aspen Estates are 4-storey luxury townhouse with a Parisian villa feel. The brick buildings surround a meticulously landscaped inner courtyard with two tranquil waterfalls and offer exceptional mountain views. Each townhouse is over 3,100 square feet, has its own private elevator, expansive windows, and 9 and 11 foot ceilings to create a loft-like setting. The dream kitchen is timeless and contemporary with top-of-the line appliances including Wolf and Sub-Zero.

Standard Features

  • Four storey private elevator
  • Double-car heated garage
  • Wolf, Sub-Zero and Bosch appliances
  • Hardwood and porcelain tile
  • In-floor heating in ensuites
  • Air conditioning
  • High end Kohler fixtures
  • Caesar stone counters
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New Mortgage Rules

If you planning on buying a home or refinancing an existing home in Calgary, the new mortgage rules may affect you. Starting July 9, 2012 the new rules will decrease the maximum amortization for a government-insured mortgage in Canada from 30 years to 25 years. This affects home buyers who have a down payment of less than 20 per cent. The federal government is hoping that the new rules will prevent homeowners from stretching themselves too thin.

The federal government has also lowered mortgage refinancing, reducing the maximum mortgage amount to 80% of the appraised value of the home, from 85%.

One other change is that properties over 1 million dollars can no longer be mortgage insured. Mortgage insurance is required by most lenders when someone is

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Marnie Campbell at MaxWell South Star Stampede Breakfast

Over 500 people attended the Annual MaxWell South Star Stampede Breakfast, July 7, 2012. A big YAHOO to all of the MaxWell South Star staff who organized an amazing event, and all the MaxWell South Star Realtors® including Marnie Campbell and Kim Arndt who helped flip pancakes.

The Calgary event included tasty pancakes and yummy sausage, as well as entertainment, face painting and a train ride for the kids. MaxWell provided the breakfast and Mother Nature provided the gorgeous weather.

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Calgary Stampede Parade: RCMP

The first Calgary Stampede Parade was held 100 years ago and was attended by an estimated 80,000 people, 20,000 more than Calgary’s population at the time. In 1912, all of the competing cowboys, some from as far away as Mexico, participated in the parade, along with buffalo and ox teams, local pioneers, and original members of the North West Mounted Police. Some of the Stampede’s less desirable guests were pick-pockets and confidence men, however, a dozen detectives were hired to discourage them.

The Stampede Parade has a rich hisotry of famous guests including Walt Disney, Bobby Orr, Prince William and Catherine, Duke and Duchess of Cambridge, Rick Hanson and Jann Arden.

The July 6, 2012 Calgary Stampede Parade promises to be a spectacular

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June 2012 Calgary Housing Market Trends

For the first half of 2012, residential sales in the Calgary market increased 16 percent over the same period last year. With a slight decrease in inventory and more normal levels of sales activity the Calgary market is headed towards a balanced market.

The healthy market has been helped along by the low interest rates and migration of new residents moving to Calgary. The city’s 2012 civic census indicated Calgary had 29,289 new residents over the past year.

 According to the Calgary Real Estate Board, MLS residential sales in Calgary increased by 12.12 percent in June from a year ago and the average sale price increased by 3.61 percent to $441,418. The number of days on the market had a significant change, dropping from 5 days to sell in June 2011

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Chestermere Lake, Alberta

Make the move to Chestermere Lake where you’ll enjoy quaint, small town charm set around a picturesque fresh water lake and only 20 minutes outside of Calgary city limits. Imagine coming home to your over 2200 sq ft, four bedroom family home in the new Chestermere Lake community of Rainbow Falls. In addition to a 100-ft. waterfall, an abundance of green space, bike paths and winding canals, Rainbow Falls offers a community where children can walk to school, splash in the lake or enjoy a leisurely bike ride.

This Rainbow Falls Chestermere home for sale is a south facing walk out backing onto green space, with gate access to the canal and a bike path which leads right to Calgary. You will enjoy comfortable temperatures year round with central air

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