MOVING TOWARD NET ZERO HOMES
Posted on Aug 31, 2022 in Real Estate News
Net Zero [noun]
net-ze·ro | \ ˈnet-ˈzē-(ˌ)rō
:: A target of completely negating the amount of greenhouse gasses produced by human activity, to be achieved by reducing emissions and implementing methods of absorbing emissions (like excess carbon dioxide) from the atmosphere.
CALGARY’S GOAL: NET ZERO BY 2050
In November 2021, Calgary dec...
WHAT RISING INTEREST RATES MEAN FOR YOU
Posted on Aug 05, 2022 in For Infill Buyers
If you follow the housing or economic markets, or if you are affected personally by the recent interest rate hike, you've heard the Bank of Canada raised its key lending rate by a full 1% or 100 basis points last month. While most experts predicted a 0.75% increase, the 1% jump shocked many.
The bank made the biggest one-time increase to the benchma...
The bank made the biggest one-time increase to the benchma...
AUGUST 2022 DEVELOPER REPORT
Posted on Aug 03, 2022 in Developer Reports
Inventory levels for single and multi-family new infills remain steady while sales continue to steadily decline.
Single-family new infills posted 14 sales during the month of July, down from the 19 sales posted last month and considerably down from the 24 sales recorded in July of last year. Year-to-date single-family sales are sitting at 208, down...
Single-family new infills posted 14 sales during the month of July, down from the 19 sales posted last month and considerably down from the 24 sales recorded in July of last year. Year-to-date single-family sales are sitting at 208, down...
WHY BUY AN INFILL WITH A BASEMENT SUITE?
Posted on Aug 01, 2022 in For Infill Buyers
Calgary's new infill market has been around since the late 1990s but has really taken off in popularity over the last 15 years. Until recently, however, it was extremely rare to see secondary suites in infills (especially legal ones!), primarily due to city zoning and development regulations.
With changes to city policies on secondary suites in rece...
THE DEBATE ON FIXED VS VARIABLE RATES
Posted on Jul 18, 2022 in For Infill Buyers
Most homebuyers are not overly familiar with mortgage lingo or the differences b...
BEST UPGRADES FOR SPEC HOMES
Posted on Jul 06, 2022 in For Builders & Developers
An infill that is under-built for the market can often sit unsold, consistently being overlooked by buyers in favour of more upgraded alternatives. An under-built home often sells at a price well under expectations, which impacts a builder's profit...