Bareland condo owners in Alberta will now have increased protection against large assessments to repair and maintain managed property, thanks to new legislation passed by the Alberta government.

The province’s roughly 40,000 bareland condo owners had been left with uncertainty regarding special assessments, fees and maintenance following a Court of Queen’s Bench decision. The decision determined the current Condominium Property Act does not give bareland condominium corporations the authority to collect fees or use reserve funds for expenses related to repairing and maintaining managed property. Read More

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Morning News Rundown

by crebnow on May 23, 2013

Here is your Morning News Rundown for Thursday May 23rd:

Northwest Calgary Park Set for Overhaul – CBC Calgary

More Than Half of Homeowners Report Debt Reduction over the Past Year, Says Manulife Bank of Canada Debt Survey – Manulife Bank

Alberta Homeowners Most Successful at Debt Reduction – Calgary Herald

Canada’s Housing Affordability Continues to Exert Mild Stress on Potential Homebuyers: RBC Economics – RBC Newsroom

Calgary Listed as One of Canada’s Most Affordable Housing Markets – Calgary Herald

Boom and Gloom – The Economist

Canadians are Paying off Mortgages Quickly – so is Ottawa’s Crackdown Really Necessary? – Financial Post

Redford Government Looking Into Privatizing Province’s Land Titles Registry – Calgary Herald

Cooling Housing Market Will Cost us 150,000 Jobs, Mortgage Group Warns – CBCNews

Real Estate Site Zoocasa Adds MLS Listings, Agent Recommendations – CBCNews

Net-Zero Homes are Getting Simpler and Cheaper – Huffpost Alberta

CREBPAC:

Alberta’s Federal Electoral Map Redrawn to Include Two Additional Ridings – Calgary Sun

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“The real spirit of the suffrage movement is sympathy and interest in the other woman, and the desire to make the world a more homelike place to live in.”

Inspiring words from the inspiring Nellie McClung whose Calgary home is being replicated at Heritage Park as the future home of the Famous Five Interpretive Centre. Read More

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Morning News Rundown

by crebnow on May 22, 2013

Here is your Morning News Rundown for Wednesday May 22nd:

City Program Helps Bridge ‘Affordability Gap’ For New Home Buyers – Calgary Herald

Transit Projects Top Aldermen’s Wish Lists For $52M Tax Benefit – Calgary Herald

BMO Housing Confidence Report: Reveals Surprising Shift in Buying Intentions While Affordability Improves – BMO

Slowdown? Nearly Half of Canadian Home Owners Eager to Buy Property – Globe and Mail

Dreaming of Demolition? 4 in 10 Canadians Planning Major Home Renovations in Next Two Years – Scotiabank

Nearly Half of Albertans Planning Major Home Renovations – Calgary Herald

Mortgage Group Says Canadian Housing Starts Will Plunge 25-30% by 2015 – CTV News

Look Out Realtors, Rogers Communications is After Your Business – Financial Post

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Continuing to Grow

by Kelsey Hipkin on May 21, 2013

Calgarians can expect to see further growth to the city within the next five years according to the 2013-2017 Suburban Residential Growth report released May 14.

The five-year forecast anticipates a population increase of 118,600 residents and 50,600 additional housing units with approximately 94 per cent of the population and 77 per cent of the housing growth being captured in new suburban development. Read More

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Morning News Rundown

by crebnow on May 21, 2013

Here is your Morning News Rundown for Tuesday May 21st:

Calgary Retail Space to Expand This Year – Calgary Herald

Calgary: World’s Cleanest City – Huffpost Alberta

City of Calgary Seeks Input on New Plans for Anderson Station – Global Calgary

Two Quebec Boards Return to CREA – REM Online

What Kind of a Home Can $380,588 Buy? – CBCNews

Transition to Higher Interest Rates ‘Could be Very Painful’: OSFI’s Julie Dickson – Globe and Mail

If There Was a Battle Between Stocks and Real Estate, Stocks Win – Financial Post

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Flavour Favourites

by Donna Balzer on May 20, 2013

Tips for planting your favourite herbs with easy access

I realize I am a lazy cook. If a recipe calls for herbs I don’t have I will change the recipe rather than run to the store. To simplify summer meals I plant my most loved herbs in pots and leave them on my back step for easy access. This works for gardeners with either estates or the tiniest stoop or balcony. Read More

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With the Calgary Fire Department responding to several home and garage fires over the last few weeks, it might be a good time to brush up on some fire safety trivia to keep you and your family safe. CREB®Now takes a look at some of the facts and figures surrounding fires with an aim at ensuring your house and home remain safe this winter. Read More

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