About Rockies, AB

Banff, Alberta, Canada, has been an international tourist destination for over one hundred years and each year millions of people from all over the world visit here including many of the world's dignitaries, kings and queens. What many do not know is that no one, not even Canadians can own land contained within a National Park and all land is leased for generally a period of 42 years. Anyone can purchase property located within a National Park, however, in order to reside there, the law stipulates that you must be employed within the National Park.

Canmore, Alberta, is located just 2 kilometers outside of the Banff National Park Gates and is considered Canada's hidden "jewel". Here the purchase of real estate provides one with free title to both home and land, making this a truly unique opportunity of full ownership in a piece of the Canadian Rockies. Since Canmore hosted the Nordic events of the 1988 Winter Olympics, real estate values have increased by approximately 600% and yet our real estate prices are far below any of our global mountain resort competitors such as Whistler, British Columbia, Aspen and Vale, Colorodo and most certainly Zermatt and other European destinations.

Canmore, an investment without equal in a lifestyle beyond compare.

Please check out my blog post on LanguageOfLuxury.com and take a moment to watch the exquisite video on Canmore/Banff: http://tinyurl.com/ye7g644

Irene Brautigam

Coldwell Banker Banff-Canmore Realty

Cell: 403-678-8104

Email: Irene@CanmoreBanffHomes.com

http://www.rockiesluxuryrealestate.com

Main Street will remain closed after the Canada Day Parade for a Street Fair.

Wander among the street vendors, enjoy buskers and do a bit of shopping from 2:00 pm until 10:00 pm.

Wander the street and enjoy buskers 2:00 - 5:00 pm

Live Music 5:00 - 7:00 pm

Fashion Show 7:00 pm

Live Music 8:00 - 10:00 pm

Sponsored by The Canmore Downtown Business Association.

This years festival promises to be the best ever.

The Canmore artsPeak Arts Festival is a weekend long festival celebrating the arts in Canmore, Alberta, Canada.

artsPeak offers festival guests a wonderful and inspiring array of venues and activities to see and experience and most artsPeak venues and presentations will be Free to the Public!

An Arts Adventure for the Urban Explorer!

artsPeak 2009 will continue to be a multi-venue, multi-disciplinary event with activities centered in the downtown core of Canmore but which will also include activities throughout the town site. The festival will once again feature local artists and their works, while at the same time providing an opportunity for audiences to embrace the work of visiting artists.

Click here for artsPeak Festival Website

CONTACT: Ric Proctor, Event Coordinator @ 403.678.6436

Median price is deemed to be a more accurate market indicator than average price because of steep price fluctuations that sometime exist within market segments and thus can distort calculated averages.

BUYER’S MARKET!!

Great opportunities are available for those who are ready to purchase.

Again we see some positive movement Just the number of sales is a very small positive sign. In total we had 15 for March of this year, 18 for April and 24 for May. Last year we had a total of 25 sales for the month of May. We are starting to see a few more single family homes sales these past few months, especially in the lower end market below $700,000. I would think that buyers are taking advantage of the excellent low, long term mortgage rates.

The momentum continues … but very slowly

The number of days a property is on the market is also a good indicator of where the market is. Last month we see both single family and the non single family market have shorter days on the market that the previous month.

Interest rates are on the rise

This past week saw the 5 year fixed mortgage rates jump almost a quarter of a percent. Don’t wait to long to lock in a mortgage rate. Some lenders will guarantee their rates for up to 120 days.

Wait and see buyer’s may miss out on deals

Mortgage rates continue to remain very favorable for all purchasers. Whether you are a first time buyer or a seasoned veteran looking for an investment or vacation property the lending rates have never been better. Again I remind you that Wait and See Buyers May Miss Out on Deals. If your “financial house” is in order, now might be the best time to look at investing in Canmore real estate.

I have over 25 years or real estate experience

More than ever both buyers and sellers need an experienced agent. With my 25 years of experience I have seen several different market conditions. As a seller you need to price your property very much in line or slightly below were similar properties are selling. Don’t get caught thinking you can reduce your asking price after a few weeks. You need to be aggressive if you really want to sell! As a buyer, you need an agent that is a good negotiator. An agent that can provide the market history and defend your offering position when it is time to present your offer.

GIVE ME A CALL OR DROP ME AN EMAIL. I HAVE THE EXPERIENCE!!

What are your plans for long time recreation property??

DON’T WAIT TO LONG TO TAKE ADVANTAGE OF THIS BUYER’S MARKET!!

If you would like to be kept up to date on the value of your Canmore investment, or just wanting to know what is happening in a particular area of town –just send me an email or give me a call.

Bob Aishford

403-678-1069

Median price is deemed to be a more accurate market indicator than average price because of steep price fluctuations that sometime exist within market segments and thus can distort calculated averages.

February continues with New Year momentum

Over the past 3 months the number of sales each month has increased. Not large numbers by any means, but a total of 14 sales in February is better than 10 in January.

We see a large increase in the median sale price in both the single family sales data and the non single family data. The non single family data seems to be more in line with a realistic whereas the single family data based on only 4 sales shows a significant increase over the prior month. Three of the four single family sales where well over a million dollars as this segment of the market continues to perform quite nicely.

Days on the market are still quite high in both market segments as sellers continue to adjust their asking prices in order to attract a buyer’s offer… “Well priced homes will bring ready buyers.”

Inventories still remain high

The number of active listings has dropped almost 10% from this time one month ago. March is generally a busy month for sales so it will be interesting to see if buyers start to “step up” and make the purchases they have been contemplating.

Mortgage rates continue to remain very favorable for all purchasers. Whether you are a first time buyer or a seasoned veteran looking for an investment or vacation property the lending rates have never been better.

Again I remind you that Wait and See Buyers May Miss Out on Deals. If your “financial house” is in order, now might be the best time to look at investing in Canmore real estate.


I HAVE OVER 25 YEARS OF REAL ESTATE EXPERIENCE.

More than ever both buyers and sellers need an experienced agent. With my 25 years of experience I have seen several different market conditions. As a seller you need to price your property very much in line or slightly below were similar properties are selling. Don’t get caught thinking you can reduce your asking price after a few weeks. You need to be aggressive if you really want to sell!

As a buyer, you need an agent that is a good negotiator. An agent that can provide the market history and defend your offering position when it is time to present your offer.

GIVE ME A CALL OR DROP ME AN EMAIL. I HAVE THE EXPERIENCE!!


What are your plans for long time recreation property??


DON’T WAIT TO LONG TO TAKE ADVANTAGE OF THIS BUYER’S MARKET!!

If you would like to be kept up to date on the value of your Canmore investment, or just wanting to know what is happening in a particular area of town – just send me an email or give me a call.