Thinking of making the move to homeownership? Great! First there are some questions you should ask yourself to properly prepare for the exciting process ahead of you.

Are you ready to buy?

Owning your own home is about more than just being able to decorate any way you like; it's about being prepared to maintain your home over the years, realizing that part of your income and time will go towards repairs and maintenance. It's about being willing to take the risks of home ownership with a realistic expectation of the rewards.

How much can you afford?

It can be discouraging to find that your salary won't stretch as far as the home you want to own. However, sacrificing a huge part of your income just to pay the mortgage can very quickly make home…

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This year, Avenue Magazine's Best Neighbourhood title went to Arbour Lake. This community is one we work in, and have nothing but good things to say about!

Arbour Lake is Northwest Calgary's only lake community, featuring a trout stocked, 10 acre lake, mountain views, and plenty of parks and pathways. Located in the community is a state of the art YMCA, a brand new library, shopping centres and a community centre as well. 

The lake brings people together for fishing derbies, stand-up paddleboard races and bouncing on the water trampoline. Groceries are available at Amaranth Whole Foods Market and Co-op in Crowfoot Crossing. There are nearby spas and yoga studios, vet clinics and pet daycares, restaurants and pubs, movie theatres and a YMCA, as well…

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Earlier today the Calgary Real Estate Board (CREB), released the residential housing statistics for the month of July, showing strong growth. The flooding is suspected to have contributed to the increase in sales activity that we saw last month.

The total number of residential sales in July was 2,268, which is a 17% increase in activity from last year, and a 6% increase year-to-date. The CREB economist says displaced renters and others seeking accommodation is likely contributing, not to mention the very strained rental market in our city right now. With all these factors at play, the market is currently favouring sellers.

"Current market conditions have encouraged listing growth this month for single-family homeowners," said the CREB press…

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