Calgary Real Estate, SOLD #419 10 Sierra Morena Mews SW, Calgary Alberta Spotless Top floor Condo located in the Pavilions of Richmond Hill.  Unique open floor plan with vaulted ceilings and fireplace in the living room is a great focal point. This 2 bedroom 2 bathroom suite features new laminate, carpet & linoleum flooring, fresh paint and updated light fixtures. The kitchen has white appliances and white cabinets, spacious living room with a corner gas fireplace.  The patio door leads to the balcony with gas line for a bbq and a large secure storage area.  The large master bedroom has bay window, his & her closets and 4 piece ensuite.  The second bedroom also has his & her closet and across the hall is a 4 piece bathroom. To top it all off there is insuite laundry with stacking washer/dryer. One titled parking spot in a secure, underground, heated parkade. Walking distance to Westhills shopping centre, minutes to downtown, private & public schools, golfing, C.O.P. & 20 minutes to Bragg Creek. A Must SEE!

Call Jeff Campbell at 403-275-3331

Email  Jeff@JeffCampbellTeam.com

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Airdrie Real Estate,  we  listed 91 Kingsland Place SE, Airdrie Alberta. Dream Home Come True! Fully finished 2566 Sqft walkout with parent/nanny suite. Large front entrance with hardwood floors lead to formal living and main floor den. Opens up to a huge kitchen with centre island with breakfast bar, stainless steel appliances with gas stove and corner pantry.  The great room plenty of natural light and a classy fireplace.  The adjoining dining nook has a garden door to the south facing deck.  The 4 bedroom upper level is impressive with bonus room, a large master bdrm with 4 piece ensuite with soaker tub and separate shower. The 3 additional bdrms, 4 piece bath and laundry room complete this level.  The lower level walkout has huge family room with gaming area, 4 piece bathroom.  The private parent/nanny suite (no stove) has bedroom with a kitchen/dining combination area.  The walkout leads to the fully fenced yard with underground sprinklers. Rec centre, schools, shopping & more all close by!

Call Jeff Campbell at 403-275-3331

Email  Jeff@JeffCampbellTeam.com

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Recovering from tepid sales activity in the first half of 2011, early improvements in employment and migration resulted in a pickup in housing demand in the second half of the year. By the end of June 2011, year-to-date sales activity had only increased by two per cent compared to the second half of the year, where residential sales improved by 15 per cent. “While sales activity in 2011 remained below the long run average by 17 per cent, monthly figures point towards the trend of this gap narrowing,” says Sano Stante, president of CREB®.

2011 single family sales totaled 13,186, a nine per cent increase over last year. While sales increased, listings remained low, with an annual total of 24,245, six per cent lower than 2010 levels. The decline in listings relative to sales pushed down inventory levels to 2,761, resulting in four months of supply.  Meanwhile, the condominium market recorded declining sales for nearly half of the year, but favorable pricing and improved economic conditions pushed sales up by double digit rates for the second half of the year.

2011 condo sales totaled 5,382, a 4 per cent increase over the previous year. The rise in sales was complemented by an annual 12 per cent decline in listings. This helped to tighten the condominium market, causing inventories to decline to 1,287 and months of supply to remain just above four months. Click Here to read full details

Calgary Real Estate, SOLD 57 Pasadena Gardens NE, Calgary Alberta Great family home in the desirable community of Monterey Park within walking distance to Monterey Park School! Front living room/formal dining room with bright bay window. Very functional kitchen with oak cabinets and eating nook with access door to deck in large fenced and fully landscaped backyard. Cozy family room with tile faced wood burning fireplace with log lighter. Upper level hosts large master bedroom with ensuite bathroom with relaxing jetted tub. 2 additional good sized bedrooms and another full 4-piece bathroom complete this level. Basement is awaiting your creative ideas.

Call Jeff Campbell at 403-275-3331

Email  Jeff@JeffCampbellTeam.com

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Calgary Real Estate, We SOLD 514 28 Avenue NW, Calgary Alberta.  Another great investment opportunity! 50x120 ft subdividable lot in prime location! Last 2 properties in similar location went for $40k and $50k over list price! Don’t miss out on this one! Ideal for 2 infills or duplex/attached property. Seller is a custom builder and can assist with new build. Super quiet, maturely treed street, walking distance to playground, Confederation Park, and schools. Very well maintained house still, great holding property with suite in the basement. Upgrades include newer windows throughout, newer hardwood in kitchen, newer hot water tank, paint, light fixtures, trim and exterior doors. Great layout with large living room, huge kitchen with eating nook, 2 large bedrooms, and 4-piece bath on the main floor. Great suite with own 4-piece bathroom, full kitchen, and common laundry. Beautifully landscaped backyard! Tons of room for parking with long front driveway, and oversized double detached garage, with new garage doors and openers, and front and rear lane access.

Call Jeff Campbell at 403-275-3331

Email  Jeff@JeffCampbellTeam.com

View Property Details Click Here

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Very pleased to be a guest blogger for Jeff Campbell’s Real Estate Team and also pleased to work with one of the best realtors in Calgary. There are about 5,000 realtors in town and about 500 make their full-time living at it; Jeff’s team are some of the better ones for sure. The big advantages of using a top mortgage broker are listed near the end of this entry but reasons to use us should be pretty obvious by the time we get that far. Good brokers earn our salt because we watch the markets, the lenders, the rules, and the mortgage rates all day for a living. Or the good ones do anyway.

So … What is going on with these super low mortgage rates?

Right now interest rates are at their 111-year lows at about 3.4% for a 5-year fixed, closed, mortgage. The banks consider anything under 4.0% to be free money. Consider the banks have to borrow the funds, include the cost to administer the funds and also make a profit. At 4% there is not much room left for profits – they say.

Now consider the recent US debt ceiling issue (they have not really done anything about facing their debt problems yet) and pile the EU issues on top with the PiiGS – Portugal, Italy, Ireland, Greece and Spain – and the stock market freaked out and did a general sell-off. That is the 49-word summary of the world economy right now.

When the sell-off happened, all those (literally) trillions of dollars have to go somewhere and they go into American Treasury Bonds – the standard for where banks put their short term cash. Those bonds then pay almost no “incentive” or interest to the buyers as banks really have no choice and are going to buy the treasury bonds anyway. This means the interest the bonds now have to pay to get banks to buy them is way less – around 0.25%. The circle is complete when the banks that fund your mortgage borrow money from a bond (the Canadian Mortgage Bond, or CMB) that charges them almost no interest – they then pay the bond almost no interest, and in turn, charge you less to you too. That is how rates are now below the theoretical minimum of “the 4% barrier” and down to these never-seen-before, short term, 3.4% rates.

If you did not follow that paragraph above don’t worry about the background data. Just remember this; as soon as there is even a sniff of economic recovery, as in, the EU or the USA gets it’s mess sorted out, money will rocket back into the stock market and then these treasury bonds (and the CMB) will have to pay more interest to get banks to buy them. That interest cost then gets passed along back to you, the mortgage consumer, and rates go back to above that 4% hurdle. (The long term, 20-year, average for the 5 year fixed mortgage is about 6.5%.)

The news is that the stock market rally might be here very soon because we watch the stock markets very closely too. Then rates go up, everyone gets more confident, people start buying things that they were putting off – like homes, prices start to go up, people from all over Canada move back to Alberta – the CBC National on Nov. 15th just had a 25 minute focus on Alberta and Saskatchewan jobs and worker shortages – and the cycle accelerates with rates and prices increasing.   More on my blog here: http://wp.me/pVaY9-5W     How to take advantage of this now click here

These are exciting times,

Mark Herman, AMP, B. Comm., CAM, MBA-Finance

1 of the Top-10 brokers of 1,700 at Mortgage Alliance

Direct: 403-681-4376

Accredited Mortgage Professional | Mortgage Alliance - Mortgages are Marvelous

Toll Free Secure E-Fax: 1-866-823-1279

Mortgages are Marvelous

Toll Free Secure E-Fax: 1-866-823-1279

Calgary Real Estate, we just listed 40 Valley Meadow Close NW, Calgary Alberta Fantastic Location for this Great 1641 sq ft 5 bedroom two Story home on a QUIET street, close to PLAYGROUND & OUTDOOR SKATING RINK.  Newer designer touches and tones throughout!   Main floor Family/Great room features corner Oak Mantle fireplace.  Kitchen has new flooring, all white appliances & pantry; the adjoin nook has a garden door to the deck which leads to your fully fenced pie shaped yard with playhouse, kids set.  The formal living room and dining room are great for entertaining.  Upstairs hosts the 4 bedrooms all with walkin closets.  Master bedroom can hold a king bed, has 4 piece ensuite.  The 2nd 4 piece bathroom completes this level.  The walkout basement is 80% finished the theatre and family room need finishing touches. The 5th bedroom and full 3rd bathroom are complete.  The walkout leads to your huge pie shaped backyard with quick access to the hottub. All this in the N.W. community of Valley Ridge, your gateway to the Rocky Mountains. 

Call Jeff Campbell at 403-275-3331

Email Jeff@JeffCampbellTeam.com

View Property Details Click Here

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Calgary Real Estate, we SOLD 1915 33 Street SW, Calgary Alberta Great Inner City 1200 sq ft fully finished 3 bedroom bungalow with double detached garage. The lower level is a 1 bedroom basement suite with separate meter. Pricing makes this an excellent home or investment property. Recently renovated with laminate flooring and fresh paint the main level has a spacious living room with plenty of natural light. The kitchen features all white cabinets with eating nook. Slip outside to your west facing back deck which leads to the fully fence yard with a double detached garage.  The dining room is just the right size for entertaining. There is master bedroom, 2 additional bedrooms along with a four piece bathroom complete the main level. The lower level suite has large living room, full kitchen, bedroom and a four piece bathroom.  There is separate shared laundry room.  Close to all amenities including amenities, shopping, school, park, public transportation and future LRT Station plus minutes to downtown.

Call Jeff Campbell at 403-275-3331

Email Jeff@JeffCampbellTeam.com

View Property Details Click Here

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Calgary Real Estate, We listed 119 Prestwick Acres Lane SE Calgary Alberta. BRIGHT & SPACIOUS 2-storey townhouse in quiet location is in the well run complex of the Mosaic in McKenzie Towne. The Sunny West facing backyard with patio is landscaped, fenced, great for kids and pets, and is backing onto a green space with walking path! The open concept home is flooded with plenty of natural light. The large living room is accented with a bay window and laminate floors that lead to the adjoining dining area and Kitchen. The kitchen has white raised panel cabinets, white appliances and window overlooking green space. The 2 piece powder room completes this level. The upper level hosts large master bedroom with big walk-in closet. Good sized 2nd & 3rd bedroom, den/computer area & 4 piece main bathroom. The basement and oversized single attached garage provide plenty of room for storage and all the toys. All amenities close by and easy access to Deerfoot Trail. Close to new hospital being built and future LRT line. Shows great inside and out!

Call Jeff Campbell at 403-275-3331

Email  Jeff@JeffCampbellTeam.com

View Property Details Click Here

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Come and pick your pumpkin up at one of the following locations
Saturday Oct 22 @ 10am at  CO-OP Creekside Shopping Centre
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Hope to see you there!