A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.


I came across this article referred to on Twitter and thought the research was AWESOME. Unfortunately, I find out that my house wastes more heat than 3% of the homes in Calgary. Based on what I see in the heat maps, that is probably pretty good.


Here's an intro to the article from the Calgary Herald:


"Calgarians may have barely stirred in their sleep one spring night in 2012 as a small-engine plane flew back and forth over the city’s neighbourhoods at low altitude."


"But the images collected by a sophisticated, thermal imaging camera on board the aircraft are now waking residents to the financial and environmental cost of the heat that’s silently seeping from their homes."


"A team of researchers at the University of Calgary used the images and city data to create a web-based map that shows potential greenhouse gas emissions for entire suburbs and pinpoints hot spots in each individual home where waste energy is escaping."


"The project is the...

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Just a quick tip today for you if you're looking for a property and you want to find a great deal in buying Calgary real estate.


There's a lot of real estate on the market. Some of it sells really quickly; and the rest just sits there waiting for the right offer.


And in a lot of cases, for a number of reasons, some sellers are very, very "motivated" to sell.


What does this mean for you?


Well, if your offer to buy comes in at the right time, you might find a seller who's willing to let a property go for at or below market value... which could set you up for some instant equity and a solid chance at making a profit when you eventually sell.

How Can You Find Such Properties?

They're out there!


  • One technique we like to scan the local MLS® System for certain "keywords" that might signal motivation.
  • Another is to use is to look for specific desired possession dates.
  • Another is to look for vacant property.
  • Another is to watch the list of properties with...
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In this crazy Calgary Real Estate market, it's not uncommon to have made a dozen offers and still not be under contract for a home. For those of you in that situation, here is a bit of advice:


Avoid the new properties coming onto the market, that look pretty and are priced at or below market value! These are the properties that get crazy multiple offers and can sell way, way over the asking price!


Even in a crazy market like the one we have today in the City of Calgary, some properties sit on the market. They usually sit either because they came on the market over-priced, or they don't show well -- or BOTH.


These are the properties you want to make offers on!


Why? Because you most likely won't have to compete with ten (or twenty) other buyers and you'll most like be working with a more motivated seller (after a couple of months on the market, all sellers tend to become more motivated) who's willing to consider an offer below their asking price.


If you want...

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Last week's surprise announcement by the Bank of Canada that it will not raise interest rates any time soon, has created a few more serious concerns by financial analysts.


Canada sidestepped the worst of the financial crisis because it avoided the real estate excesses of its U.S. neighbour, and a post-recession housing boom helped it recover more quickly than its Group of Seven peers.


But the housing market began to cool last year after Prime Minister Stephen Harper’s Conservative government, worried about a potential property bubble, tightened mortgage rules


The central bank’s position comes amid signs home sales and prices are regaining momentum after cooling last year when Finance Minister Jim Flaherty clamped down on mortgage rules.


He says at the present time he has no intention of intervening by clamping down on borrowing.


Most analysts say he could take the steam out of the market by increasing the minimum requirement for a down payment...

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