It might still be a little chilly out, but the spring market is just around the corner. With activity already picking up, this is a great weekend to check out some great homes in Tuscany this weekend.
 
Open House Saturday 2-4pm
 
Open House Sunday 2-4pm
 
Whether you wish to check out these homes or drop by to say hello as you prepare for your own move, I look forward to seeing you this weekend.
 
Cheers,
Monika
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The City of Calgary announced a new public and internal engagement program for the combined facilitated review of core services the The City's business planning and budget process.
 
From the announcement:
The project is being called - Our City. Our Budget. Our Future.  It is the first of its size and scope for Calgary. The process includes plans to involve citizens, employees and Council in three phases over the next four months.  
 

We need to hear from as many Calgarians as possible.  What City services do they value?  What are their priorities?  What is the best way to allocate the money available?  What would they put in The City's budget?  What trade-offs are they prepared to make to create the future we all want?

  

All the input will be given to Council and Administration in June and will be considered in the development of the business plans and budgets for the next three years.  Setting priorities for the 2012-2014 budget is the first step in shaping a sustainable future for Calgary.

  

Community Workshops will kick off the project beginning February 23 and EVERYONE is welcome.  These sessions will be asking participants to provide input on the engagement process, identify values and interests related to engagement and help identify measures for success.  Choose a time and location that works for you. 
 
For more information about dates, locations and the overall initiative please visit http://ourcity-ourbudget-ourfuture.blogspot.com/
 
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Former show suite at the Villages of Applewood built by Eden Developments. Original owners. This well cared for top floor end unit has all the upgrades of a show suite including tile and laminate flooring, centre island, centre tiled fireplace, under coun ter lighting in the kitchen, shower glass and more. Large windows allow lots of light into this bright unit. Two large bedrooms are located on either side of the living room with 2 full sized bathrooms. In-suite laundry is located in the main front bathro om. The crisp white kitchen is fully equipped including all appliances, lots of cupboards space, great work surface and movable island. The east facing balcony looks into the complex and is a sunny private spot to unwind. The unit includes a titled underg round parking spot (with room at the front to build secure storage). Transportation is easy either by car via 17th into the city or onto the ring road or via transit with a bus stop just outside.  Book your showing today to view this excellent find.
 
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Some lenders have already raised rates today with others expected to follow. If you are looking to purchase a home in the coming months and haven't locked in your rate with a mortgage broker, give them a call asap to get your rate locked.
 
If you don't have a broker, I can connect you with one by filling out the pre-approval form.
 
 
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Exceptionally cared for 2 bedroom 1230+ sq ft home in the Patterson Ridge Estates. Original owner. This beautiful condo overlooks expansive city views from all main areas. Watch the sparkle of the city lights from your large sheltered private deck. The large living room and full sized dining room allow room for entertaining while a private sitting area in the master suite is a quiet place to relax. A spacious walk-in closet and 3 piece bathroom complete the master suite. The 2nd bedroom also enjoys full views, spacious layout and is across the hall from the main 4 piece bathroom. California knockdown ceilings, in floor heating, fixtures, phantom screens and washer/dryer combo are but some of the upgrades. This complex is very accessible with no stairs required to enter the building. A private full height storage area (27 sq ft+) is just down the hall - rare find! The complex has a strong reputation of being well managed and it shows. Call your favourite Realtor and book a showing today.
 
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Single family home sales in the City of Calgary edged upwards month-over-month and showed the first year-over-year increase since April 2010, according to figures released today by CREB.
 
As the oil and gas sector begins to increase migration to the city, the market for homes will improve. However, not all home types or areas of the city will fare the same. Already, the focus on inner-city properties has been visible while some outlying areas are seeing a slower response.
 
As buyers return to the marketplace so will more listings that have been waiting for market recovery so growth is expected to be incremental, gradual, and not equal across the city.
 
From recent experience with buyers I have also noted that those purchasing with less than 20% down have had to jump a couple of extra hoops when looking at property, specifically condos. Condo documents are often reviewed as part of the purchase process by banks/insurers so properties with risks perceived by the lender are being rejected.  Well managed/constructed condo complexes have maintained stronger values and seen properties sell while sales on higher risk developments or complexes have remained stagnant.
 
As the provincial government is reviewing the Condominium Property Act we are looking forward to how condos will be structured and managed in the near future. I personally hope that any legislative changes allow buyers to have more confidence in the properties they are considering.
 

Some notable stats from the CREB package:


The average price of a single family home in the city of Calgary in January 2011 was $454,287, showing a 3 per cent increase from December 2010, when the average price was $441,341, and a 3 per cent increase from January 2010, when the average price was $441,217. The average price of a condominium in the city of Calgary in January 2011 was $287,954, showing a 2 per cent increase from December 2010, when the average price was $282,768 and a 2 per cent increase over last year, when the average price was $282,639.
 

The median price of a single family home in the city of Calgary for January 2011 was $390,000, showing a slight increase from December 2010 when the median price was $389,000. This was a 2 per cent decrease from January 2010, when the median price was $398,000. The median price of a condominium in January 2011 was $255,000, showing a 1 per cent decrease from December 2010, when the median price was $258,500, and a 4 per cent decrease from January 2010, when it was $265,000.

 
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