Glen Godlonton Calgary Real Estate

Historic central Alberta town finds itself on the radar of Calgary commuters and retail investors BY DAVE HUSDAL, Western Investor The length of the phone interview is indicative the boom is back on in Olds. It takes Larry Wright quite a while to brief you about what's going on in his central Alberta community, largely because ...

http://www.thebarrieexaminer.com/ArticleDisplay.aspx?e=3139641By STEFANIA MORETTI, QMI AGENCYU.S. luxury department store Nordstrom is looking for a home in Canada. Following months of speculation, Nordstrom spokesman Colin Johnson recently told Bloomberg and The Wall Street Journal that the company is scouting a number of sites north of the ...

Calgary Herald, March 16, 2011 BY ALANNA CAPLAN  Between the collapse of the United States’ housing market and the weakened U.S. dollar, Canadians have been seizing the opportunity to invest in U.S. real property. U.S. tax authorities have increased their focus on foreign investments in the U.S. This increased focus has resulted in ...

Buying a home and building equity over time is a great investment in your future. While homebuyers can look forward to one day being "mortgage-free," renters will continue to pay rent indefinitely and will likely see their rent payments increase significantly as time goes by. Even though the average time to pay off a mortgage is ...

Dynamics in the housing market in and around Toronto are shifting so rapidly that many people are afraid to make any move at all. But some sellers and buyers are reacting quickly to the changes and striking deals as a result. On Lake Ontario’s waterfront in Oakville, Ont., developer Marc Hewitt mixed up his strategy for selling the luxury ...

The seasonally adjusted annual rate1 of housing starts reached 174,500 units in December 2009. This is an increase from an annual rate of 164,800 units in November, according to Canada Mortgage and Housing Corporation (CMHC). Actual housing starts for 2009 are being verified and will be reported in the January edition of Monthly Housing ...

Global Banks Unite in Unprecedented Rate Cuts In an unscheduled move today, coordinated with several other international banks, The Bank of Canada reduced their Overnight Rate by 1/2 of one percent.  The financial institutions would be expected to follow suit over the next day or so; reducing their Prime Rate to 4.25%; however see note ...