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The latest and greatest real estate news from Tania & Tina.
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Welcome to your October 2016 Update!

What's New? 
It's time for our 4th Annual Pumpkin Carving Contest!  It's not too late to enter, just let us know and we'll make sure to get a pumpkin to you soon! Once the entries start coming in, we'll be sure to send everyone a link.  :)
 
Market Update:  
Mortgage qualifying rules are changing which is creating some buzz in the industry! Previously, buyers were able to qualify on a interest rate of 2.49% (for example). The new rules mean that buyers have to qualify using a higher rate, around 4.54% right now.  This means that they will qualify for a lower purchase amount. They still GET the lower interest rate when they buy, but they must qualify with the higher rate. The purpose is to prevent people from maxing out their budget and being unable to afford payments if interest rates to up in the future. It will be interesting to see what happens in the next few months!

Listings
1. Evanston Townhouse: 4 level split, over 1441 sq ft of developed space, single car garage, 3 bedrooms, granite countertops & expresso colored cabinetry. 325K!

Tiny Homes Come to Calgary

 September 29, 2016, Tom Ross, 660 News

Tiny homes come to Calgary!  Calgary's first tiny builder has opened it's doors. It will be interesting to see if this trend takes off here. I think these would be brilliant as cabins...but 95K also gets you a REALLY nice 5th wheel or travel trailer. :)  Click the title or photo for the full article.
 

What is YOUR home worth?

Contact us for a Market Evaluation!  Our goal is to meet all of your real estate needs - we look forward to hearing from you and we are happy to answer ANY questions you may have!  

rescalgary@gmail.com  
www.TaniaKing.com
Tania:  403-813-4448
Tina:    403-891-9142

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Our mailing address is:
CIR REALTY
#144, 1935 32 Avenue N.E.
Calgary, AB, T2E 7C8

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CIR REALTY · #144, 1935 32 Avenue N.E. · Calgary, Ab T2E 7C8 · Canada

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