Real Estate Report

Welcome back to you all!It’s hard to believe that we are already in the month of March and it is the first day too.Now a lot has happened during the last two months I have been gone from this site.This one house in my neighborhood is just about finished and I will see if I am able to get some pictures of it. If not then that is alright too.I will just write about it in the next two months.Anyway, I have been driving around the neighborhood and more houses have been put up for sale since I am thinking that people are either selling their homes to move into smaller homes or they’re just walking away from their properties due to the fact that the economy is so bad to the point that they’re not able to make their mortgage payments.

Anyway, I did manage to do  watch some news reports on the whole real estate market in Canada.In fact, it has been a couple of days ago during my day off from the gas bar.It was on CBC News and maybe some other stations.But mainly on CBC News.They talked about comparisons in which cities have the cheapest houses and they named Edmonton, Halifax and some other cities in Saskatchewan, Ontario and Manitoba. Other provinces they named too which are too numerous to name.Another words cities that are cheaper than Toronto and Vancouver which are very expensive.Victoria I suspect is expensive as well since the city is close to Vancouver and is in the same province of BC.Even though some cities in Canada are cheaper than others I would have to say that the prices I saw are still expensive because they’re in the six digits.While houses in the U.S. costs less than here since the price range in the U.S is sitting in the five digit range.

Well,that’s pretty much all I have for this period since this blog continues to be written on a bimonthly basis.So I will be back in May!!

Happy New Year/Housing Sales During The Carbon Tax Policy/Bathroom Renovations

Happy New Year to you guys and gals out there who are following my blog.It has been a while since I had written in here.In fact it has been two months ago that I have written anything in here.Now that the Christmas season is gone I am going to be focusing more on writing about real estates and properties since I think that the real estate season has arrived to us this winter.It seems to me that the more I drive through my neighborhood the more properties I am seeing being put up for sale in Calgary.

Of course along with residential and commercial properties going up for sale,tax season has hit us once again and it is going to be interesting to see if any properties sell during this policy that the government has passed. The Carbon Tax policy has been passed and made law and I am curious to find out in this new year whether or not the policy will affect the housing market because from what I have read from some sources the cost of living will go up regarding goods and services.And if the cost of living goes up then I think in a way the price of housing will rise too.

But that remains to be seen.Moving forward here,I want to talk about what went down the last two months I was gone from this site.My house went through some home renovations since the two months I had written in here.I just had my bathtub replaced and I will show you the pics from the old bathtub to the process of work being done in it and the finished product.So there isn’t much for me to say other than the fact that the work went a lot smoother than I had anticipated with the exception of having to use the gym to take my showers which was a bit of a hassle.But I managed to do it while the work was done and now things are better.I guess it pays to maintain an old house because like our bodies homes age too.

Anyway I will end this off by saying that I was thinking about posting in here on a monthly basis just to keep this blog up to date but for now I will keep this bimonthly since there are times when I am not able to find time to write in here everyday.Bye the way,here are the pics.Take care and I will once again see you next or two months from now.

img_10861

img_10901

img_10911

 

 

Happy New Year

Happy New Year guys and gals!! Another year has come to us right now and so far the news out in the construction industry and real estate market hasn’t been very good in Calgary. We are not only dealing with the low oil prices but we are also dealing with the drop in real estate with regards to housing prices. Housing prices have been taking a beating which means the houses for sale are selling at very low prices and the owners aren’t getting much money for them. With unemployment rising and businesses not hiring residential real estate has been taking a beating along with commercial since most businesses are shutting their doors and deciding to leave the city. So construction and real estate has been somewhat slow. Although I have to say that there are some people still buying houses and finding jobs in construction since there are still projects going on but this year I have to say that it is going to be very slow and it will not get any better.

But I do have some great news for this blog and readers out there. I managed to get a brand new phone which has a built in High Definition camera which takes great pictures since the images are sharper than the one I had. Another words I got an Iphone for Christmas which I will be using to take some pictures of home building going on in my area and I will likely post them in this blog if I can get it working. I would like to get into the habit of posting videos in  here too if I am able to do it but posting videos here in WordPress seems difficult.But I will post them on my Tumblr blog. So you guys will definitely see more pics and videos in both blogs if I am able to get to it.But I will be able to take some great pics on this phone since it is a lot clearer than the Blackberry.

But anyway, it is great to be blogging again here with this announcement since I have been taking some time off with regards to the Christmas season and I hope you guys have had a very good Christmas. All the best this 2016 and the slowdown in real estate. Oh did I mention tax season too?

Take care and see you in March.

 

Real Estate Report

Good morning I am back  here once again and I want to tell you that a lot has happened with the last two months I have been gone.There are couple of houses under construction which I was going to take pics of buy never had the chance to do it.Like there was this house near me which I thought I snapped a pic of but to my amazement I never took it since I wasn’t able to locate it in any of my files on my removable drives.But I wanted to say that there has been some progress made with the construction of the house.

But anyways speaking of houses,real estate has been down a bit with regards to sales since the economy is in a big recession and people have been losing their jobs and have had to put their houses up for sale.In fact oil prices have been down and I have to tell you that things are about to get worse in Calgary and maybe around the world because I have just heard word that China and Brazil have been suffering too and I have also been hearing that the USA is experiencing a real slow down due to oil prices as they are.So as I have seen in the last few months I have been gone from here the real estate market has been at a standstill but construction of residential and commercial properties have been at a all time high. Even real estate is suffering in the USA but not as frequent as I have seen here in Canada.But here in Calgary things have gotten worse in the housing market.

So it looks like even though construction has been going on here with regards to housing construction,the buyer ship hasn’t been high and with the low oil prices as they are this trend is going to increase.In fact I have been looking in this website which has houses,the houses I saw were still there on the site.So that has to tell you what the real estate market is like right now.It’s not good.

Well,that was my report for now and I will write another one two months from now just before I go out of town for Christmas. See you then.

Real Estate News

Yes,it’s that time again that I am having to write some stuff on real estate since so much has happened during the last two months I have been here.I had experienced more for sale signs out here in Calgary while driving around my neighborhood since oil and gas prices have been dropping which has caused a lot of houses to go up for sale after dropping in price.I am only going to see more of this since oil prices are not up to acceptable margins causing an uproar in businesses closing it’s doors and laying off it’s employees who often have to take pay or severance packages.So not much in my neck of the woods has happened with regards to drafting but in real estate a lot has.I am imagining too that the same scenario is being played out in the USA too with their problems in dealing with these low oil prices.A lot of realtors are probably going through a lot of stress in trying to maintain housing prices as well while making money for themselves in the process but housing in the USA is cheaper than here in Canada.So I don’t know why real estate seems to be a problem despite dropping in oil prices.

I am also seeing a drop in oil and gas projects due to the low oil prices.A lot of companies are reducing their spending on projects and laying off their workers too.So much for the economy improving or coming back to normal as the media claims.I am seeing some parts of the economy never coming back to normal or if it does come back then the numbers won’t be back to normal with regards to pricing or employment numbers.I will also be seeing more for sale signs out there in the area where I live due to people trying to sell their properties just so they can make money due to their job loss.

Well,that’s my commentary for this month.Take care and see you in May.