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Lisa Merrett
The Group Re/Max First
#115, 8820 Blackfoot Trail, Calgary, Alberta
P: 403-998-0649
F: 403.476.5477

1 - 18 of 18

Tuesday, March 19, 2013 - Chestermere Tax Hike

CHESTERMERE HOMEOWNERS ON HOOK FOR HIGHER TAXES   Taxpayers in Chestermere are facing a whopping 53 percent hike on the education portion of their property tax thanks to last week's provincial budget.The province has eliminated a 13 year old tax break that protected growing communities from major education and property tax hikes.Cutting the program means sudden, major tax increases for all homeowners in the town east of Calgary. Read more: Click Here  

posted in IN THE NEWS at Tue, 19 Mar 2013 15:18:50 -0600

Friday, June 29, 2012 - Mayor Naheed Nenshi says what's interesting about the numbers are where people are choosing to live.

According to the lastest census figures, Calgary's population now sits at 1,120,225 people. It is an increase of 29,289 residents from April 2011. At 2.68 per cent, this year?s rate of population growth is similar to the level seen in 2007 when Calgary went through a major boom. Mayor Naheed Nenshi says what's interesting about the numbers are where people are choosing to live. To read the rest of the here

posted in IN THE NEWS at Fri, 29 Jun 2012 09:52:29 -0600

Saturday, April 28, 2012 - Questions about the MLS Home Price Index?

The MLS® Home Price Index (HPI) measures home price trends and home price inflation/deflation in residential markets within territories of participating real estate boards in Canada.  Here is a link to explain more about how it works, and how it will serve to provide more accurate information on your area.  Enjoy! Click Here

posted in IN THE NEWS at Sat, 28 Apr 2012 11:46:05 -0600

Tuesday, March 27, 2012 - East Village enters next step in its rebirth

East Village enters next step in its rebirth  By Josh Skapin, Calgary Herald March 24, 2012   A sales centre shared by two developers launching major condo projects in East Village officially opens today. Calgary Municipal Land Corp., which is redeveloping the historic area near city hall, is holding its grand opening celebration of the East Village Experience Centre. The centre is hosting sales of the Evolution condo project by Embassy Bosa Inc. of Vancouver. The other project is called First ... Full Article...

posted in IN THE NEWS at Tue, 27 Mar 2012 09:54:55 -0600

Tuesday, February 28, 2012 - Research & risk are key to buying a foreclosed home

Research and risk are key to buying a foreclosed homeBy Drew A. Penner, The Calgary Herald After a month-long search for the perfect home to remodel, Jason Holt and Jym Genesta were eager to follow the lead of their real estate agent to a foreclosure in the southeast. But when they walked inside the premises of a bank-owned home that was just hitting the market, the couple discovered a grisly scene. "It was like a total CSI DNAfest in here," says Holt, a manager at IKEA, pointing out the stains ... Full Article...

posted in IN THE NEWS at Tue, 28 Feb 2012 09:40:28 -0700

Tuesday, January 24, 2012 - 'Steady' as she goes forecast for resale

For resale house hunters, 2012 is lining up to be a year of stability. That's the message from this week's annual forecast conference of the Calgary Real Estate Board. "It's a nice, steady, relaxed atmosphere for buyers and sellers," says incoming president Bob Jablonski in his outlook for the coming year. CREB's forecast includes an average sale price of $476,000 for resale homes this year, up 2.1 per cent from 2011. It also predicts sales to reach 14,800, marking a 12.2-per-cent climb over ... Full Article...

posted in IN THE NEWS at Tue, 24 Jan 2012 10:22:21 -0700

Friday, January 13, 2012 - Fixed rates hit the basement

Fixed rates hit the basementGarry Marr Jan 12, 2012 ? 2:58 PM ET   Canadians thinking about locking in their mortgage just got a compelling reason to do so ? the lowest interest rate in history. The Bank of Montreal cut the rate on its closed five-year fixed mortgage to 2.99%, a half a percentage point drop that is expected to set up a wave of competition among the banks as they fight for market share in a shrinking real estate market. ?That?s the lowest anybody has ever seen from one of the ... Full Article...

posted in IN THE NEWS at Fri, 13 Jan 2012 11:01:40 -0700

Monday, November 14, 2011 - Move over, Toronto - there's a new hotspot in town

Sky-high rents. Heavy demand for downtown office space. A magnet for company headquarters. It may sound like Toronto, but this commercial real estate hotspot is decidedly farther west. Despite erratic markets and a lingering world recession, Calgary's office and commercial real estate market rivals Toronto as the most robust in the country, driven predominantly by the continued growth plans of energy companies. Click Here for Article   ?I don't think Calgary likes being compared to Toronto,? he ... Full Article...

posted in IN THE NEWS at Mon, 14 Nov 2011 10:02:51 -0700

Friday, September 16, 2011 - Calgary Region Housing Starts Set to Rise: Conference Board of Canada

CALGARY ? The Calgary region?s homebuilding industry is forecast to see a rise in activity. The Conference Board of Canada said Friday that short and long-term expectations for housing starts in the Calgary census metropolitan area were both positive. Read more:

posted in IN THE NEWS at Fri, 16 Sep 2011 12:12:14 -0600

Thursday, August 25, 2011 - How Canada's Dollar Got Ahead, and Left America Behind

Once upon a time, the country's economy seemed reliably second-rate. But following the U.S. banking crisis, its financial prudence suddenly looks like a very good investment. By Ken Kurson The idea that a Canadian dollar should always be worth about 15 percent less than its American counterpart used to be sacrosanct. Canadian band Shadowy Men on a Shadowy Planet ? whose best known song is the theme to The Kids in the Hall ? even has a song "5 American 6 Canadian." A couple of years ago, ...

posted in IN THE NEWS at Thu, 25 Aug 2011 08:33:56 -0600

Tuesday, July 19, 2011 - Bank of Canada keeps key rate on hold

Bank of Canada keeps key rate on hold   OTTAWA ? The Bank of Canada held its benchmark interest rate steady on Tuesday, as widely expected, as the global economy remained fragile amid debt problems in Europe and the United States. But the central bank hinted higher borrowing costs could be coming sooner than later if the domestic economy maintains steady growth... Read more:  Click Here

posted in IN THE NEWS at Tue, 19 Jul 2011 13:46:01 -0600

Thursday, July 14, 2011 - Lies, Damned Lies, and Statistics

Lies, Damned Lies, and Statistics Be a student of the real estate industry. Read as much as you can, learn as much as you can ? and try to make sense of it. Take a look at this recent Blog from RECA!! I see headlines like this all the time and was quite impressed to see this article.  Let me know what you think!

posted in IN THE NEWS at Thu, 14 Jul 2011 22:02:12 -0600

Tuesday, July 12, 2011 - Calgary June building permits increase

Calgary June Building Permits Increase Previously-stalled project re-started Photograph by: Gavin Young, Calgary Herald CALGARY ? The estimated construction value of building permit applications in the city for June hit $420 million, up 21 per cent compared with June 2010?s $346 million. But according to the City of Calgary that was down one per cent compared with the five-year average of $426 million. Compared with the 10-year average of $358 million, it was up 17 per cent....... Read more: ... Full Article...

posted in IN THE NEWS at Tue, 12 Jul 2011 11:02:10 -0600

Wednesday, June 29, 2011 - Calgary's Downtown Office Vacancy Rate Set to Balloon

Calgary?s Downtown Office Vacancy Rate Set to BalloonReport says Bow tower completion will open new spaceBy Mario Toneguzzi June 29, 2011 11:13 AM Photograph by: Leah Hennel, Calgary Herald CALGARY ? Calgary?s downtown office vacancy rate is forecast to balloon by the end of the year when the Bow tower, and its 1.8 million square feet, is added to the inventory, says a report released Wednesday by Base10 Capital Advisors. The ABCs of Commercial Real Estate ? a Bearish Outlook for Downtown ...

posted in IN THE NEWS at Wed, 29 Jun 2011 12:54:05 -0600

Thursday, June 23, 2011 - Job Seekers Heading Back to Alberta

Job Seekers Heading Back to Alberta June 22, 2011 - Janet McFarland Job seekers are flooding back to Alberta after a two-year lull, lured by a resurgence in the oil patch and growing hiring demands. Alberta saw a net inflow of 5,300 people from other provinces in the first quarter of 2011 -- its highest rate of interprovincial migration since the first quarter of 2006, according to Statistics Canada preliminary population data reported Wednesday. The province saw steady inflows of workers from ... Full Article...

posted in IN THE NEWS at Thu, 23 Jun 2011 14:32:40 -0600

Thursday, June 9, 2011 - Alberta's Average Rent Highest in Canada

CALGARY ? Alberta has the highest average monthly rental rate in the country and the Calgary region is among the highest in Canada of major centres, according to a survey released Thursday by Canada Mortgage and Housing Corp. The agency in its Rental Market Survey said provincially the highest average monthly rent for a two-bedroom unit in new and existing structures in April was Alberta?s $1,029 followed by British Columbia ($1,015) and Ontario ($980). Alberta?s average was up slightly from ... Full Article...

posted in IN THE NEWS at Thu, 09 Jun 2011 15:41:28 -0600

Thursday, May 19, 2011 - Calgary Luxury Home Sales Balloon

Calgary luxury home sales balloon, Up 51% this year Statistics show that 145 homes have sold from more than $1 million year-to-date until the end of April, a 51 per cent hike from the 96 sold for the same period in 2010. See the article below for more details.

posted in IN THE NEWS at Thu, 19 May 2011 13:59:12 -0600

Wednesday, May 18, 2011 - Home inspection regulation protects Alberta homebuyers

New Regulations Will Help Protect Alberta Home Buyers! Take a look at this article. Home buyers deserve the highest standards when purchasing a home, and now the Alberta Government is helping to provide that!

posted in IN THE NEWS at Wed, 18 May 2011 11:22:38 -0600

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