Okotoks Real Estate - Michelle Gerwing - February

Michelle Gerwing

RE/MAX Signature Properties
105 Elizabeth St, Okotoks, Alberta
P: 403-938-3737 F: 403-476-5338
Email

The prices have stabilized for the end of the year; so there are deals to be had. The new developments in Calgary and Okotoks are worth seeing. If you plan on working at the new hospital in the south end of Calgary, Okotoks is a great option as it is only minutes away.

I know of a fabulous acreage (organic) with a huge house, above ground pool with a rental cottage (nets 7500 dollars from April to Oct) in Prince Edward County, ON near Belleville. I can give you information on this as well.

If you have any questions or want help buying or selling, give me a shout. I look forward to working with you!

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Wednesday, February 22, 2012 - This week's rates

Again, from Deb Lazareff of Axiom Mortgage Solutions, here are this week's rates: Terms The Bank Our Rates 1 Year 3.20% 2.74% 2 Years 3.55% 2.74% 3 Years 3.95% 2.84% 4 Years 4.64% 3.04% 5 Years 5.29% 3.19% 7 Years 6.16% 3.89% 10 Years 6.75% 3.89% VIRM 3.00% 2.90% The prime rate is 3.00%

posted in General at Wed, 22 Feb 2012 13:43:24 -0700

Thursday, February 16, 2012 -

This is an article from the Calgary Herald dated 11 Feb by Mario Toneguzzi entitled "Okotoks reaping benefits from Calgary's growth". What a great place to live!! Okotoks is growing up, as the economic impacts of a fast-growing population continue to take shape. One testament to the town's expansion is the three-storey Westmount Square, a proposed office building offering medical, retail and office space. "If built, it will be the largest office building in Okotoks," said Shane Olson, the ... Full Article...

posted in General at Thu, 16 Feb 2012 15:53:17 -0700

Tuesday, February 14, 2012 - Anticipated upswing the in local market

This article is from the Calgary Herald from 8 February. It is by Mario Toneguzzi and entitled "Burgeoning Calgary population to fuel demand in housing market. New home construction and MLS sales on upswing". A burgeoning population will spark another real estate cycle in Calgary with increased demand fuelling more MLS sales and more new home construction. But industry experts don’t expect the next cycle to mirror the boom of a couple of years ago which experienced a frenzy of activity ... Full Article...

posted in General at Tue, 14 Feb 2012 08:55:51 -0700

Monday, February 13, 2012 - Lending information

This is from a great mortgage specialist I know. Her information is at the below if you wish to contact her. I thought I would say a quick hello to remind you that rates are at record low but are soon to start increasing. I am seeing fixed rates starting to climb from the 60 year lows and thought you may be interested in seeing what a new mortgage can save you. The savings are often more than people expect. The major banks have started ending their rate war and rates are starting to jump ...

posted in General at Mon, 13 Feb 2012 11:32:25 -0700

Monday, February 13, 2012 - New Listing - C3508422

Just added this listing: "Great home in a location convenient for shopping and access to main thoroughfares. Lots of upgrades from trim to curved staircase to exterior of HardiePlank. You will love the open concept and gleaming hardwood floors. Enjoy the spacious kitchen with a large eat-in area, island; all kitchen appliances are stainless steel. Large windows provide lots of natural lighting. Two bedrooms on the main floor; master has 5-piece ensuite with jet tub and a walk-in closet. ...

View Listing Details

posted in Listings at Mon, 13 Feb 2012 05:00:00 -0700

Friday, February 3, 2012 - 8.3 million dollar condo sold in Calgary

This article is from the Vancouver Sun dated 25 January and is by one of my favourite real estate column writers from Calgary: Mario Toneguzzi. CALGARY — A condo in The River, a luxury residential development in Calgary, has sold for a record $8.3 million — the most expensive condo sale ever in the city. The 5,260-square-foot condo covers the entire 12th floor of the 15-storey tower in the new project, located at 135 26th Avenue S.W., along the Elbow River. Already, more than ... Full Article...

posted in General at Fri, 03 Feb 2012 09:06:20 -0700

Wednesday, February 1, 2012 -

This article is taken from the Canadian Press site and was released Jan 28. To see more on Mr Homles' vision, please visit his website. Town says Holmes' homes plan all wet A small town south of Calgary has lost a round in its battle against celebrity builder Mike Holmes' plan for an environmentally-sustainable neighbourhood just outside its boundary. Alberta's Municipal Government Board has rejected an appeal by the town of Okotoks that the Wind Walk project in the municipal district of ... Full Article...

posted in General at Wed, 01 Feb 2012 10:23:56 -0700