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September 2019

Found 3 blog entries for September 2019.

Calgary First Time Home BuyersA new program just launched in Canada with the aim of helping first-time home buyers. Appropriately called the First-Time Home Buyer Incentive, or rather FTHBI, eligible home buyers are offered money towards a down payment of up to 10-percent of a home’s purchase price.

In theory, the program helps make home ownership more affordable because it lowers the mortgage carrying costs. It’s important, though, to know not only if you’re eligible, but how exactly the program works.

Who’s eligible?

Your qualifying household income has to be less than $120,000. That’s income plus any investments and rental income. You also have to have at least the minimum down payment and you must not borrow more than four times your qualifying income.

A first-time homeowner

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Golf Course Houses in CalgaryLooking to be all settled into your new golf course home in Calgary by the time next summer rolls around? Start your new home search here...

Hawks Landing

For an estate home in a golf course community, consider the countless opportunities that exist for buyers in Hawks Landing. Not only are buyers treated to scenic mountain views but also, of course, the enjoyment of the property’s golf course.

Heritage Pointe

Nearby golf is just one of the advantages of living in Heritage Pointe. The community also offers large homes with easy access to the lake or the mountains for additional outdoor recreation. 

Priddis Greens

Premiere golf joins the naturally scenic location of Priddis Greens. The quiet community also allows for some beautiful estate

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Calgary Real Estate MarketIf you’re thinking about putting your Calgary home on the market, there’s some good news to report. The city is on its way to becoming a seller’s market.

According to figures from real estate website Zoocasa, year-over-year home sales from July were up more than six percent. Although prices are somewhat lacking, that trend is expected to continue.

Zoocasa predicts an increase in sales and a dip in new listings has put Calgary’s overall housing sector into the territory of a seller’s market. Competition between buyers could heat up as the gap widens between housing supply and demand.

In looking at Calgary’s eight areas, analysts found half of the areas were detached home seller’s markets. In terms of condos, they deemed five areas as seller’s markets.

Zoocasa

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