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Foreign Buyer Tax in Ontario

June 2nd, 2017
Looks like Ontario is following suit with BC by implementing a 15% tax for foreign home buyers. The move comes as a measure to cool the sizzling market in Toronto where prices are up 33% since this time last year. That along with several other measures (increase in rents capped at 2.5% and taxed on vacant properties) will took effect in April.Only time will tell whether the new regulations ...
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Posted in Articles of Interest

502 8710 HORTON Road SW, Calgary, Alberta

May 30th, 2017
I just finished uploading this Condo for sale, 502 8710 HORTON Road SW, Calgary, AlbertaGreat value in this 1 bedroom condo in London at Heritage! Well located right by the train station and close to all amenities. You can even get to Save On Foods from inside the building! London at Heritage is one of the few buildings in Calgary that is LEED certified (a high standard for Green building pra ...
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Posted in Listings

April Stat Pack

May 18th, 2017
After the month of April and the market is still on track for recovery.  Although it’s been the detached and semi-detached market that has been buoying the numbers over the last year, row housing looks to be rebounding as well. That segment’s inventory numbers are down 8.5% to 863 units and sales were up 19% compared to last year. Benchmark prices have jumped up 0.59% since last month, howeve ...
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Posted in Stat Pack

216 DEERCROFT Place SE, Calgary, Alberta

April 18th, 2017
I just finished uploading this House for sale, 216 DEERCROFT Place SE, Calgary, AlbertaBeautifully renovated home in the desirable community of Deer Run. Located on a quiet street on a sizable lot, this place just feels like home. The best part? Everything has already been done! The living room has an airy feel with vaulted ceilings to the upstairs. The kitchen comes with granite counter tops ...
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Posted in Listings

February Stat Pack

March 17th, 2017
After the month of February, we are still showing positive signs for 2017. Although sales were up nearly 20% from this time last year, the numbers are still off by 19% from the 10 year average. It will be interesting to see how the long term averages are affected when 2007 comes off the books next year. It was crazy that year! Hard to believe that is already a decade past. Every segment was l ...
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Posted in Stat Pack

Humidity in Your Home

March 4th, 2017
During the winter months you will probably notice condensation on your windows especially on colder days. The reason for this is that windows are the coldest part of your home. When hot air from inside the home makes contact with the cold surface of the window, any moisture in the air condenses and turns into water droplets on your window. You may also see condensation on your walls. This may ...
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Posted in Articles of Interest

December Stat Pack & 2017 Forecast

January 13th, 2017
Just like that, another year in the books! Everyone might feel like they are a little worse for wear, however, there were some winners out there. Move up home buyers enjoyed a great market where they could take advantage of stable entry level prices and get a deal on their new home. First time home buyers that have been waiting on the fence managed to get some good deals on their new home as ...
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Posted in Stat Pack

January Stat Pack

January 11th, 2017
First month in to 2017 and we are looking much better than last year at this time. Although that’s not a big feat as last January was a record setting slow month, but hey, we are glass half full people here! The last few weeks have been really busy. I have already helped a couple buyers find homes this year. The signal for the bottom may have arrived and that pent up demand I’ve been talking ...
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Posted in Stat Pack

What My Clients Are Saying About Me

January 2nd, 2017
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Posted in Wes Morrow

November Stat Pack

December 9th, 2016
After sales in October gave a false glimmer of hope, here we are looking in the rear view mirror for November and sales are back to where they were. October saw a 16% spike in sales activity, however, that was primarily due to the new mortgage rules implemented by the Feds. Buyers rushed to market to get their financing in under the wire. City of Calgary sales were off by 3% from this time la ...
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Posted in Stat Pack

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