Category Archives: General

Bank of Canada Raises Rates Again!?

I don’t understand. I thought I understood it, but I must be missing something. What I’m talking about is the Bank of Canada rate increases. For the second straight time, the prime lending rate has increased. Sure, it was only … Continue reading

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Bank of Canada Increases Rates by .25% – Oops

First off, I missed this entirely. From everything I was seeing and hearing the economy was cooling. The housing markets had already stalled a bit after the recent changes to mortgage qualifying requirements in April, oil prices had dropped almost … Continue reading

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Mortgage Fraud, In Calgary?

It was just a matter of time before mortgage fraud started making the headlines again and over the last month, it has resurfaced with a bang. The Bank of Montreal has recently filed a civil suit against 14 groups accusing … Continue reading

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Property Management – Do You Manage Your Own, or Contract Out?

For long distance landlords, property management is essential to their business model and having great property managers can often make the difference between a satisfying experience and a nightmare. Managing remotely can be done, but it can make life a … Continue reading

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Actually, Not All House Prices are on the Rise!

You’ve seen the stats, you’ve read the news, and you are likely aware home prices are continuing the trend of increasing in Calgary and area. What they aren’t telling you is that it’s not every area of the city! The … Continue reading

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Interesting Article About Affordability in Calgary From the Herald

If you missed it, Garth Turner was in Calgary recently forecasting for Calgary’s bubble to burst another 20% in the near future. As always he had a loyal following turnout, but it appears he managed to hit a couple of … Continue reading

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Winners and Losers

It appears as I look back through previous posts I throw in quite a few references to motivation and trying to stay positive. This ultimately stems from my endeavours to stay in a positive mindset and look towards all the … Continue reading

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The Next Wave of US Foreclosures is Coming!

I just read an article on MSNBC the other day about the upcoming batch of foreclosures in the US housing market and it’s still rather scary south of the border. Some of the numbers that stand out are that there … Continue reading

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Some Great Advice From a Former Rapper

I’m a huge Will Smith fan. I really admire what he has done and how he has grown from his start as a rapper to a fantastic actor and obviously great person. In the following video are some excerpts from … Continue reading

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More Housing Bubble Insights

With today’s update on the changes to mortgages for homeowners this is plenty of questions forming about what is happening in the Real Estate markets. Is the current situation the start of a bubble? Are we getting into danger where … Continue reading

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Is It Fair? Or Am I a Jerk?

I get an email out of the blue from someone I hadn’t had contact with in the last several years (other than asking to be removed from the blog as it didn’t interest him anymore),  looking for some information on … Continue reading

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Are Changes Coming to the MLS?

I originally wrote about some possible pending changes coming to the current MLS system for my Chestermere Anchor Real Estate column back in December and suddenly other folks are starting to get on the bandwagon. I am including it below, … Continue reading

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It’s Back Up!

Wow, after what seemed like forever (at least to me) I managed to get the blog back up and running. Not sure what exactly happened, might have been the host changing some servers around, may have been a plugin for … Continue reading

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Spam, Rich Dad and The Secret?

I have a few topics to cover all of a sudden and after an email from a subscriber last week, I will start with spam. Strangely enough, when people subscribe to the blog, they get updates on new posts. True … Continue reading

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Calgary Ranks as 23rd Most Affordable City in Canada

The Winnipeg based Frontier Centre released it’s report on housing affordability recently and proclaimed Calgary was ranked 23rd out of the 28 cities in their affordability index. The number one cities for affordability were Windsor and Thunder Bay. Can anyone … Continue reading

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