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Calgary Home Boys Real Estate Blog

Where to search Calgary LoftsThe Lewis Lofts have a storied history. They were originally built in 1910 by the J.H. Ashdown Hardware Company and purchased by, Lewis Stationary in 1972. Today, they are a hotspot for Calgary residents interested in urban loft style living. The building is located in the Beltline neighbourhood, immediately south of Calgary's downtown and the cultural hub of 9th Ave. Beltline has the reputation of being one of Calgary's primary areas for eclectic night-life, top rated restaurants and urban culture making a perfect fit for a loft friendly lifestyle. There are varying floorplan options, but all of the units have a balcony, access to fitness centre, owner’s lounge and parking. The Lewis Loft units feature open concepts, 10 ft. high ceilings, brick facades,

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Westman Village is a new condo development that offers its residents a resort-style living experience, including access to the 35,000 sq. ft. amenity centre at the Lake Mahogany Resort! Westman Village was conceived by Jay Westman, of Jayman Homes, one of Calgary’s leading home builders. Jay's goal with this project was to design a truly unique development that sits within the boundaries of a major city, yet provide an array of natural, open, & lakefront, elements. The Westman Village condo development is everything Jay imagined and more! Below are 3 of the reasons you'll love the vision Jay Westman brought to life. 

The Options

The development has a wide variety of condominium location options, however, all residents of Westman Village condos enjoy

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Ramsay Homes CalgaryRamsay is one of Calgary’s most historic neighbourhoods, developed in 1880. It is located in the southeast area of Calgary bordering the majestic Elbow River, Macleod Trail, the Stampede Grounds. This area of Calgary wasn’t named Ramsay until 1956. Prior to that time, it was made up of three smaller communities called Burnsland, Brewery Flats and Mills Estate. Today, it’s a thriving community and here are 3 of the reasons why people are choosing to move there.  

The History

Although Ramsay has seen a boom in development in recent years, there are still many businesses there that have been staples of the community for decades. This community prides itself on its historical significance and creating a quaint yet modern environment. Residents here

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Saving for a house in CalgaryMillennials are facing a mounting challenge when it comes to buying a home in Canada’s largest metro areas. The non-profit group Generation Squeeze suggests that it may take over 25 years to save enough money to buy a home in the current economic climate, according to recent market and economic analysis. Additionally, the report estimates that the average Millennial must save 8 years longer compared to their Baby Boomer Generation parents did back around the mid-1970s.

The grim reality for Millennials living in some parts of Canada is that it may take nearly three decades to afford a home all while living a thrifty lifestyle. Saving for a first home in the Toronto area requires 21 years of penny-pinching, while prospective home buyers in Ottawa or

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Calgary Housing Market 2019Despite sales activity dropping a bit year-over-year, the Calgary Real Estate Board’s latest figures do show some positive signs. According to the most recent states, new listings have dropping by almost 19%, which could suggest oversupply balancing out heading into the rest of 2019 and beyond. 

A housing market recovery is also being driven by homes under $500,000, a segment of the market where demand is stronger and supply has steadily been on decline as more younger home buyers enter the marketplace. 

Even with a higher number of potential buyers looking to make the transition from renting to owning, yea-over-year home sales are still down 6% so far in 2019. 

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Selling a Home in the SummerIf you’re thinking about putting your home on the market, the summer season is a great time to sell in Canada.

Buyer Demand 

To begin with, buyer demand is typically up starting in the spring and going through the summer. It’s an easier time for families to move, and home sales typically peak this time of year, as more people are out looking for a new home. 

Best Prices

Because of this, it may be more likely that you get the price you want for your home in the summer. Serious buyers are out this time of year and are often ready to buy and move in quickly, meaning you may be more likely to get the price you want for your home.

Better Weather 

Finally, a third reason to sell right now is directly connected to the weather. It can be to your

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Home Buying in the SummerIf you’re looking to buy a home in Calgary, the summer season is a great time to begin your search.

Motivated Seller

To start with, sellers with homes on the market right now may be more motivated, especially if they are also trying to move their families to a new home before the school year starts. 

Strong Inventory 

Another great reason to buy right now is the overall housing supply in Calgary. As long as residential inventory stays high, it means more opportunity for buyers looking for a new home in the Calgary area, and possibly some better deals for buyers.

Perfect Weather

Finally, the third great reason to buy right now is that the weather makes it possible to get out and enjoy the surrounding area. You’ll often be able to see what

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Live Work Condos CalgaryIf you're looking for a live/work condo or loft in Calgary, we have a few places in mind that may be a great place to begin your search.  

The Champagne

Set right along the Bow River, The Champagne offers an exceptional option for live/work space in Calgary. The newer construction condo building is part of Quarry Park, a large mixed-use development that allows people to live, work and play in one convenient area. Along with a mix of floor plans to choose from in The Champagne, its surrounding neighborhood is ideal for walking and biking everywhere you want to go. 

The Olive at 1029 1 AV NE, Calgary

Options exist for multi-level living and working conditions within The Olive. Some of the condos offer the advantage of ground level office or

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Calgary Condo Market If there’s one segment of the Calgary real estate market that is showing strong signs of sustainability in the coming weeks and months, statistics are pointing towards affordable apartment-style condos. 

It’s no secret that Calgary’s housing market has struggled since the oil price downturn that started in 2014. But according to the most recent Housing Market Assessment from Canada Mortgage and Housing Corp., inventory levels, while still elevated, are beginning to balance out, especially for affordable multi-family homes. 

As of the beginning of the month, nearly 2,000 new single-family, apartment, row house, and semi-attached units were on the market in Calgary, and that’s with about 7,000 re-sale properties also on the market at that same time. 

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April’s housing stats are in from the Calgary Real Estate Board so we thought we’d provide a quick rundown. Below are a number of bullet points we thought were the most relevant: 

  • Detached home sales reached 930 and improved nearly 3 percent in April. 
  • Overall detached home sales are still down 5 percent year-to-date. 
  • Detached home sales increased in North East Calgary, North West Calgary, South Calgary, and South East Calgary. 
  • Inventory remains unchanged and still sits at four months.
  • Apartment-style condo sales have reached 714, which is actually the lowest level we’ve seen to this point in a year since 2001. 
  • Despite sales being down compared to other years, inventory has fallen to 1,546 re-sale
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