Scot Jamieson Real Estate

Great event!

Loop the Lake 27th Annual Loop The Lake Register Now

Friendships and bonds for life! Great season boys - bright futures for all!

https://calgaryherald.com/life/homes/white-calgary-home-building-is-on-fire/wcm/1dd00915-ba9b-43d4-aa21-2e40402c990b/amp/

White: Calgary home building is on fire From high rises and midrises, to densifying inner-city communities with popular row homes, developers are working to add housing.

Calgary’s influx of newcomers over the past two years means demand is still far outpacing supply. CMHC has projected Canada needs to build 3.5 million extra housing units by 2030 to restore affordability.

'A switch just flipped': Housing starts in Calgary hitting record highs, but demand remains higher Concrete was poured for nearly 2,000 houses in Calgary last month — a 51 per cent increase from the previous January.

When it comes to condominiums throughout Canada ,Alberta is well positioned. Alberta markets are the outliers, with their affordability attracting interprovincial migration at a staggering rate. Demand is high while inventory is low in this segment of the market. This means prices are stable and experencing growth.

Calgary’s housing market overall has been leading the country as a robust economy, more affordable prices and a lower cost of living attract people to the province, many of them from Ontario and British Columbia.

Records being set in Calgary hot market.

Calgary's housing prices are exploding with a big record set last month | Urbanized If you are on the hunt for a house in Calgary, be prepared to battle other buyers as YYC's housing market prices continued to soar in July.

Affordability issues will become a reality as Calgary deals with population surge that is out pacing building starts. Good article below.

Realtors marvel at housing 'gold rush' in Calgary, despite slower markets in other regions | CBC News Higher interest rates don't seem to have had a big impact on home sales in Calgary, where house prices have been climbing for the seventh straight month. Economists and those in the real estate industry pin it on increased demand from newcomers to the city, combined with a lack of homes on the marke...

Strong economic fundamentals and affordability are behind the push for housing in Calgary. Values are amongst the lowest in major Canadian centres.

Supply constraints are expected to be the greatest challenge facing buyers. The second half of this year in Calgary will be interesting as the average house price will be pushed ahead.

Existing homeowners drive housing market gains ahead of interest rate hikes /CNW/ -- What began as a trickle of movement into housing markets late in the first quarter turned into a swell, as move-up buyers drove strong demand for...

Go for a walk and make sure to get that vote in! Enjoy the day.

https://calgaryherald.com/news/politics/alberta-election-2023-live-updates-may-29?fbclid=IwAR1FNItoT2A720vfQgHp7o4h8dA36OAYb9F1L1uk2at3paci9P3aEHfyPmk_aem_th_ARmgVNMaI1YqSaxQ0EjsNXrnh4qmWeLuezlp41g2Ljxjzfvem-1KWrcDf6JjDvFldM8

Alberta Election 2023 live: Polling stations are open until 8 p.m. for voting day — here's what you need to know The 2023 Alberta election is underway, with voting day today. Watch this page throughout the day for live updates as voters go to the polls.

Interesting read.

Low inventory a challenge for Canada's luxury real estate market Luxury remains relatively hot in Calgary’s resale real estate market compared with other major markets in Canada, a new report suggests. Although activity in the $1 million-plus price range is not as high as it was last spring, the Top-Tier Real Estate: Spring 2023 State of Luxury report by Sotheb...

Working the craft!

Embrace the beauty of the snow-covered Canadian Rockies ❄️

Beautiful

Mountain top views that seem surreal, but isn’t that the perfect feeling?

Get outside and play this winter when you Embrace the Season. Save up to 25%. Bit.ly/3RBShWN

📸: via IG

What Do You Need To Get A PreApproval?
Borrowers need to provide the lender with various documents, such as:
-Proof of identity and residency
-Proof of employment (salary/hourly rate, position & time and at the Co.)
-If self-employed, more documentation is required (often Accountants have readily available)
-Information pertaining to your assets (vehicle, other property, etc.)
-Information pertaining to your current debts/liabilities and other financial obligations (credit cards, LOC, vehicle payment etc.)
-Proof that your finances are suitable enough to afford future payments

Here's to a bright New Year and a fond farewell to the old; here's to the things that are yet to come, and to the memories that we hold. Happy New Years all!

It’s a magical time of year-Merry Christmas to all.

Rates keep moving up.

Big banks raise prime rate to 6.45% following Bank of Canada hike Royal Bank of Canada raised its prime rate by 50 basis points Wednesday following the Bank of Canada rate hike earlier in the day. Read on

Can’t wait to hit these slopes over the holidays!

Goodnight mountain 🌙 Only five more sleeps until we're back on these slopes!

Make sure you're ready for a season of snow days and grab your SnowCard before December 26 for the best deal on 3 or 5 days of skiing or riding this winter! Get yours at the link in our bio 🔗

📸:

Boys capture first place over the weekend!

Amazing times skating on this lake with Family.

Some great info here.

https://travelcolumbiavalley.com/blog/

It won't be long until our beloved Lake Windemere transforms into the Windermere Whiteway, aka the World's longest ice skating lane by Toby Creek Nordic Ski Club!

Who are you skating with?

📸: Kari Medig

Class act.

”I’ll tell you my favorite Sidney Crosby story. So they won the Cup in 2016, so he’s got the Stanley Cup and we went to a children’s hospital. Which is, you know, pretty emotional. We were done there and Sid said: ”Well, where else can we go?” I said: ”Well, there’s a veterans hospital I went to once, around the corner”.
So we went, we called over, went over there and they got…everyone’s kind of in the main meeting room and someone said: ”Oh, too bad Joe’s not here, Joe would have loved this”.
And someone said: ”Who’s Joes?”. And they said he’s a Korean War veteran, but he’s blind and bedridden. He’s upstairs. So I said: ”Sid, let’s go”. So up we go and they knock on the door to his room and ”Joe, Sidney Crosby’s here with the Stanley Cup”. And Joe says ”Oh, I’m sorry Sid. I’m a Montreal Canadiens fan!”. That’s a nice introduction… And Sid says: ”No problem, who’s your favorite Montreal Canadien?”.
And Joe says: ”Rocket Richard!”. So Sid bring the Cup over and traces Joe’s finger over the Rocket’s name engrave."

Source: Gord Miller, TSN Overdrive

Good read.

Sales of condos, row houses increase as Calgarians seek affordable housing, says CREB | CBC News Calgary property sales cooled in September by nearly 12 per cent when compared with last year, but the market for more affordable housing options is making gains, the Calgary Real Estate Board said Monday.

Hockey greatness!

Lake front living at it’s finest. Every detail thought out and included- impressive stuff.

Lack of housing inventory in Canada as population out paces new builds in big cities- prices rise too with lack of supply. A good read.

https://apple.news/A-WaXfYT-T0Ot9G9q_Kotsg

Housing starts in Canada's large cities lag population growth -CMHC — Reuters Canada Housing starts have struggled to keep pace with growing populations in some of Canada's largest cities, particularly Toronto, making affordability a \"significant challenge\", the national housing agency said on Tuesday.

Love the smell of new construction in the morning.