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August 2010 Real Estate Newsletter FROM LOUISE FULLER |
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Visit My Website to View Fantastic Canmore listings.
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Featured Article
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Greetings!,
Sales for the month of July 2010 are as follows:
Please remember these are averages only.
Single family: 6 sales, average sale price $999,083, average days on market 69 (DOM).
Half duplex: 2 sales, average sale price $892,000, average days on market 131 (DOM).
Townhouse: 10 sales, average sale price $479,650, average days on market 115 (DOM).
Apartment: 5 sales, average sale price $365,000, average days on market 77 (DOM).
Fourplex: 1 sale, average sale price $409,000, average days on market 87 (DOM).
Lots: 2 sales, average sale price $467,500, average days on market 65 (DOM).
For specific details, please email or call and I would be happy to be of assistance.
Best Regards,
Louise Fuller |
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301 Casale Place
Feature Listing
SPECTACULAR VIEWS!
This is one home you do not want to miss!! From the moment you enter this home you can feel the warmth and see the quality. All the details have been looked after with care and a sense of good taste. Some of the many features of this home include, second level decks off both sides take in spectacular views of Lady MacDonald and the Three Sisters, vaulted ceilings, huge view windows, bedroom level laundry, open design, wired for satellite and networking, life breath heat exchangers, Hunter Douglas energy efficient blinds. Home has a conforming one bedroom suite potential if desired.
ASKING $810,000 |
CLICK HERE FOR MORE INFORMATION
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WHERE TO BUY: TOP TEN CITIES |
Jesse Kinos-Goodin, Financial Post · Sunday, Aug. 8, 2010
When investing in real estate, sometimes it's necessary to look beyond your own backyard. The Real Estate Investment Network (REIN), a national organization of investors, has compiled what it says are the top 10 Canadian cities in which to invest. Few are major cities and some are surprising. Don Campbell, president of REIN, as well as one of the researchers on the study, says the results are based on factors such as planned transportation improvements, or if the area's average income, population growth and job growth are increasing faster than the provincial average.
Oddly enough, nothing east of Ontario shows up on the list, and while Mr. Campbell says cities like Halifax, Saint John and Moncton "still provide decent returns," the top cities are ones that will outperform the national average between 2010 and 2015.
1. Calgary
Calgary is "poised to outperform the average by a wide margin," says Mr. Campbell, making it the top-ranked city.
After two years of declining average resale housing prices, the Canada Mortgage and Housing Corp. has predicted they will increase year-over-year in 2010.
The REIN report credits the downturn to a much-needed correction, and that it was "economically impossible for the [Calgary] market to continue at the pace at which it was heading." But now that it is coming out of the recession, along with economies elsewhere, Calgary's strengths in producing food, fuel and fertilizer will boost its growth.
"Calgary is in a unique economic and geographic position to take advantage of the direct and indirect jobs this increase in demand will create," says Mr. Campbell, who adds that with strong in-migration and renewed affordability, the city provides a good buying window for long-term investors.
2. Kitchener-Waterloo-Cambridge, Ont.
REIN refers to Canada's Technology Triangle as the "economic Alberta of Ontario." That means KWC is not only seen as the economic engine of the new Ontario economy, but also that it "will outperform all other major regions in eastern Canada," Mr. Campbell says. For indicators, he points to job growth, student growth and a new light rapid-transit system.
3. Edmonton
Edmonton sits near the top of the report's list because of its future potential. Calling it a "perennial overachieving market," REIN says the city is a "growing market, [with] an increasing population, and a forward-looking leadership."
It will also be the main benefactor of energy development in Western Canada, says Mr. Campbell, resulting in a "very affordable, strong rental market with strong in-migration from across Canada." Major infrastructure improvements, such as the ring road and LRT expansion, will be key.
READ THE REST OF THIS REPORT
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Thanks for reading and I will send you more info next month.
For all your real estate needs I am ready and willing to help you take that next, very important step.
Sincerely,
Louise Fuller
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