I am a little late with this blog entry and I want to apologize for it because normally I write in this blog on the first or third day every two months. But I am writing late here since I had some other things to do like write in LinkedIn and do videos on the site as well. So it’s hard at times for me to find time to write in here early. But now that I have those things out of the way I am just going to just lay the news to you as to what happened in the construction and real estate industry.
Where do I begin here?Well, building in Calgary is going on at a very steady rate since I am still seeing some buildings under construction while I am seeing more houses being renovated and sold to the highest bidder. I also saw more houses being built and sold around the city and they are still building more homes and apartment complexes.So to say that the economy is dead that’s not the case at all. It’s just that there has been a slowdown of some sectors of the economy such as petroleum. But I would say that parts of building construction is alive and well.
Anyway, there’s a company that’s leading the way of building and renovating homes by buying old homes and then building new ones and then selling them.That’s a pretty smart way of making money especially if the realtor sells it at a higher price. Niro Developments have been doing Altadore for a while now and I have to say that they build pretty nice homes for a certain price. I would not be surprised if they came to the area I am in to build new homes because there are some homes which I think need to be moved since they are too old to renovate unless some reno company can do them. But real estate seems to be doing well.
In closing, real estate has been doing well in the city and I imagine that the northern part of Calgary has been developed since they were building a whole lot of houses in that area the last time I went to visit a friend. Hopefully they find ways to stop so they don’t build up too much of that area which has just about reached Airdrie.
That’s it for now. See you in November.