All Blog Entries by John Mayberry

There are currently 141 blog entries published by John Mayberry.

Calgary Real Estate For Sale

Why Make Changes to Calgary's MLS® System?

Calgary Communities & DistrictsBeing able to distinguish certain parts of town from the other is a critical component to finding a home you want in a location that also fits all your lifestyle demands. And although the City of Calgary has devised a list of community names and districts that help shape these boundaries, the Calgary Real Estate Board (CREB®) hasn’t always aligned its data with such specifications.

Enter significant changes made in 2016.

Effective January 5th, CREB® has re-aligned the MLS® system to provide clarity and consistency for all existing communities in Calgary, which coincide with what the city recognizes as well. For a closer look at specific changes made or how the 8 new districts are defined, continue reading

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Calgary Real Estate Market

It’s no secret the drop in oil prices has had a significant impact on Alberta’s economy, especially in the real estate sector. According to recent statistics, home sales in Calgary alone are down nearly 30%, consequently bringing prices down and creating a fairly robust buyers market across the board. But while now may be as good of time as any to buy a home or condo in Calgary from cost perspective, the problem for many is that consumer confidence has also taken a hit during Alberta’s most recent economic downturn.

Office vacancies continue to rise after thousands of layoffs occurred in the city, and unfortunately for anybody currently looking for employment, job growth in Calgary also seems to have come to a standstill.

Not everyone is feeling the pain

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A new year is a time for new beginnings, which is why CIR Realty and the amazing designers over at ReStage Home Staging are giving away a FULL MASTER BEDROOM MAKEOVER, valued at over $10,000!


Starting today, all you have to do to enter is visit www.cirrealty.ca and fill out the online form. Yep, it’s really that simple. No purchase is necessary and if you might be looking to sell your home in 2016, what better way to drive up interest and value than to totally remodel your master suite into a stylish cozy retreat home buyers won’t be able to turn down?

The MASTER BEDROOM MAKEOVER content closes on February 7th and the final drawing will be announced on February 11th, just in time for Valentine’s Day, so don't delay and enter today!

Remember

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Although living in Calgary has plenty of advantages, it’s hard to fully capture the pristine Canadian landscape that surrounds much of the Alberta area from the heart of the big city. Depending on lifestyle needs and wants, some home buyers prefer the bright lights and hustle-and-bustle of downtown Calgary, while others want that quiet rural atmosphere that’s all about the surrounding scenery.

If you’re someone who might be looking for the latter, a once-in-a-lifetime opportunity is now available on the Calgary real estate market, but only for those with some seriously deep pockets. Occupying 242 acres of stunning property in the Municipal District of Rural Foothills M.D., the famed and historic ranch at 254002 Highway 22, which of course was once owned

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Home During a Tornado? What To Do & What Not To Do


If you find yourself home during a tornado, the safest place in the house is the interior part of a basement. If there is no basement, go to an inside room, without windows, on the lowest floor. This could be a centre hallway, bathroom, or closet.

For added protection, get under something sturdy such as a heavy table or workbench. If possible, cover your body with a blanket, sleeping bag, or mattress, and protect your head with anything available--even your hands. Avoid taking shelter where there are heavy objects, such as pianos or refrigerators, on the area of floor that is directly above you. They could fall though the floor if the

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Five Things Condo Owners Should Do Before Buying

1) Read the reserve fund study | Reserve Fund Studies are mandatory for all condo corporations. The purpose is to ensure that the condo board has enough money in reserve to pay for any repairs or replacement of the building and its assets. 

2) Read the condo board minutes | Each board is required to make the minutes of the meetings available to all the unit owners in the building. If there are any problems with the building they will be discussed at the board meeting and should be in the minutes.

3) Check if the building was built with post tension cables | Steel cables are run through the concrete in order to increase the

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Pay Off Your Mortgage Faster

Pay Off Your Mortgage Faster

Andy MacDonald, President of MortgageBroker Inc in Missisauga Ontario., points out that if you pay an extra $1,000 towards a 5% fixed-rate mortgage during each of the first five years, you’ll save $10,000 in interest over the mortgage’s 25-year life. However, if you make the same payments during your mortgage’s last five years, you won’t save that much in interest at all.

One of the best ways to pay off your mortgage faster is to make your payments weekly or biweekly instead of monthly. By doing so, you will make the equivalent of an extra month’s payment every year, which would save you $30,000 off the total cost of the same $250,000 mortgage.

-- MoneySense, 2015




 

The

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Tapping The Home for Retirement Income: Should I Stay or Should I Go?


With many Canadians heading toward retirement carrying debt, those who own homes may be forced to turn to their lodging for extra income.

But some may not be eligible for home equity loans, leaving them with choices that include downsizing or a reverse mortgage. A recent survey on debt by Manulife Financial Corp. found that almost one in five Canadians expect to tap into home equity to top up their retirement income. 10% of the respondents said they plan to remain in their houses and borrow against home equity, while a further 8% are considering downsizing and using the extra equity

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One year ago, the 5 year fixed mortgage rate was 3.59% and the 5 year variable rate was 2.60%. Easy to choose a mortgage, right ?!


Today the 5 year fixed is 2.79% and the variable is 2.30%....the decision is tougher.

Variable: Carries a lower rate, but riskier as Prime ‘will likely’ change periodically.

Fixed: Same rate for the next 5 years, so you can sleep at night without the worry of a rate hike.

Honestly, both are good choices.

Important...Years ago, if you had chosen variable, your payment actually ‘changed’ with a change in rates. Today, most variable rate mortgages “Do Not” increase or decrease your payment. The ‘change’ in rates simply lengthens or shortens the time

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Bibelot is a unique jewelry store that sells one-of-a-kind jewelry and accessories. Whether you are looking for a statement piece or a casual accessory, you will find something unique at Bibelot. The shop is located at #6, 805 1st Street SW in Calgary.

Bibelot Unique Jewelry CalgaryThere is also an online shop to make it easy to browse for jewelry from home. Pieces from Bibelot also make great gifts!

The earrings, bracelets and pendents found at Bibelot are ideal for the woman who seems to have everything or seems difficult to shop for.

Pieces from Bibelot draw interest and make a statement without being to garish or showy. The pieces are tasteful and unique while still giving a pop of color. 

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Listing information last updated on February 8th, 2016 at 10:30pm MST.