I spoke with a good friend of mine recently who was looking into pursuing a home that was offering an assumable mortgage. He explained to me that this was the absolute best way to get into his first home without putting any money down. Just thought I’d make some suggestions on the topic as a result of that conversation.
Assumable mortgages offer an attractive option to anyone who doesn’t have ...
Many people are already aware of the major multi-million dollar east village development project taking place east of city hall downtown. This project looks absolutely amazing and I will be taking it upon myself to provide updates on the construction progress as it happens. Demand for a cultural and social hotspot in Calgary has been growing tenaciously over the years and now Calgarian’s ca ...
I spoke with a client of mine who mentioned that prices have declined drastically from the same time last year based on an article he had read on the decline of the actual single family units sold. With respect to the 32% decrease in sold units year over year from Aug 09 to Aug 10, I think a little more information would be helpful for clarification. In a recent post I spoke of the decline f ...
During the past months there has been a rise in the average time it takes from the time a property is listed to when it sells (DOM). The average time it took to sell a single family home in August 2009 was 42 days while August 2010 was 50 days, showing a 16% increase in the time it takes to sell year over year. Single family sales for the same months respectively were 1275 units Aug 09 compa ...