Calgary SW (Calgary, AB)
By Rayna Mckay
(RE/MAX Real Estate Advocates)
If I had a million dollars I would buy me a Condo. I recently bought a lottery ticket, and when buying a lottery ticket we think about the possibilities. Naturally I began to think of the penthouse condo I would buy. There is a lot of inventory on the Calgary condominium market right now, so there is a lot to choose from. This unit is listed for $899,500 in the River West Building located in downtown Calgary's west end. Offering an amazing view of the river and downtown Calgary. The unit is 1915 ft.² including two parking stalls.  River west also has the amenities of a pool shared between the two towers and a gym. This is a fantastic buy. http://calgary-condominiums.ca/idx/condo/C3436052/   This next unit is located in the prestigious building 5 West that was completed in 2006 and locat...
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By Rayna Mckay
(RE/MAX Real Estate Advocates)
All new listings in the Calgary Downtown area are featured on the first page of my website www.Calgary-Condominiums.ca  Listings are updated hourly.  Make Calgary-Condominiums.ca your source for condo information.  Many pre-searches by area are already done for you.  No log in is required for you to get up-to-date and complete information.  I am a certified condo specialist so if you do find your dream condo I am right here to answer any questions you may have regarding condo documents, reserve funds or the many other issues condo buyers face.  You can call me at 403-294-1500 with any questions you may have. 
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A mortgage isn't something you sgn once very few years and then forget about it. As we all know, life can change substantially in a year, and a regular review can help ensure that your mortgage is still the right fit for your financial situation. 5 common reasons to revisit your mortgage: - Lowering monthly payments: Renegotiating for a lower interest rate. - Paying down your mortgage faster: If you receive extra cash like tax refund, work bonus, think about putting it toward your mortgage. - Debt consolidation: transferring high-interest credit cards, car loans into your mortgage at lower interest rate. - Securing a Home Equity Line of Credit:It can help you access lower cost funds for investing. - Improving credit: A mortgage professional can coach you on how to improve your credit sc...
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I just came across of an article and according to it, the recent study shows that  Calgary, Vancouver and Ottawa were among the largest cities that are attractive to migrants. The cities were assessed in the following categories: education, health, society, economy, environment, innovation and housing.Of course Vancouver was voted for its warm climate and cultural diversity. Calgary was placed on the top of the list for its economy and strength in the housing category. Ottawa received high ranking  for education and innovation. Interestingly nothing was mentioned about health care or environment. I guess it is always an issue in a bigger cities. What do you think?            
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There have been a lot of changes over the past few years in a condominium market in Calgary. Fueled by a sadden demand about 3 years ago builders reacted by starting a number of a new large projects, especially high rise condominiums in downtown. Lots of condos were bought by investors and that created oversupply. Because of the economic downturn some of the projects were put on hold or cancelled which somewhat leveled supply and demand. According to statistics Calgary market is absorbing about 180 newly-built condos per month and about 400 unit on resale market. This means that buyers who are considering condo living should be out shopping. Condominiums are the perfect choice for all generations, offering an affordable entrance to home ownership as well as a lifestyle for empty-nester...
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National Bank Financial has indicated the central bank might begin raising its target rate, at 0.25%, in early 2010, all the way to 1.5% by the end of next year. "Obviously, the difficult part of the Bank of Canada's exit strategy will be deciding when to raise the official rate and at what pace," said the NBF team, led by chief economist and strategist Stefane Marion. "Pressure to begin normalizing monetary policy before mid-2010 could well mount. In particular, sustained employment recovery would spell an end to the ultra-expansionist monetary policy ahead of plan." Will central bank keep its target rate at a record low through June 2010? We'll see. According to TD latest quarterly outlook it's not going to happen until the fourth quarter of the next , to 0.75%, and then steadily inc...
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