Brad Herman, Calgary real estate: Blog

The world's most expensive cities for luxury real estate:

March 23rd, 2013

Billionaires have been on a real estate buying spree. Stateside, they've broken records on huge home purchases in every major housing market from Woodside to Malibu to Aspen to Chicago to Miami to New York. And internationally, massive sales in London, Singapore and Hong Kong have garnered worldwide attention.https://www.facebook.com/BradHermanRealEstate

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7 Mountain Restaurants for Après-Ski

March 23rd, 2013

Mountain towns can be places of contradiction, especially during winter. For all the exercising residents and visitors do by day — the downhill skiing, backcountry touring, snowshoeing and tubing — friends and family feel the need to undo all that hard work by night. They want nothing more than to down a cold beer or sip a glass of wine before tucking in to something delicious and calorie-ric ...

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Cooking With Color: When to Use Yellow in the Kitchen

March 23rd, 2013

Are you a sunny optimist? Or do you just wish you could channel that vibe? Associated with happiness, exuberance and positivity, yellow is an excellent color choice for the kitchen. Since yellow reflects a large amount of visible light compared with other colors, it's best to limit brighter shades of this attention-getting hue to small doses and materials that you really want to stand out.htt ...

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Inspiration of the Day

March 23rd, 2013

Inspiration of the Dayhttps://www.facebook.com/photo.php?fbid=531135303597006&set=a.247441108633095.58684.164326170277923&type=1&theater

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Cyprus approves key bills to clinch bailout

March 23rd, 2013

NICOSIA, Cyprus — Lawmakers in Cyprus approved three key bills Friday that aim to raise enough money to qualify the country for a broader bailout package and help it avoid financial ruin in mere days.http://business.financialpost.com/2013/03/22/cyprus-approves-capital-control-laws-to-clinch-bailout/

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Small living in the big city

March 23rd, 2013

With the average single-family detached house price in Toronto, Vancouver and Calgary at well above $500,000, many potential buyers are finding themselves priced out of the market, which is why some real estate developers are building condos with units ranging from 300 square feet to 600 square feet.http://www.bnn.ca/News/2013/3/22/Small-Living-in-the-Big-City.aspx#.UU2_tY3NeUE.facebook

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Carney shifts from housing bubble to sluggish growth

March 23rd, 2013

Mark Carney can taste victory in his long-running battle against a housing bubble. For the first time in a year, the Bank of Canada on Wednesday signalled comfort that Canadians are getting the message about taking on too much mortgage debt, a shift in behaviour that will allow policy makers to keep short-term interest rates low amid signs of deteriorating growth. http://www.theglobeandmail ...

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Nearly half of baby boomers don’t plan to downsize

March 23rd, 2013

The suburban dream is alive and well. Close to half of baby boomers – 43.5 per cent – planning to move to another primary residence said in a recent survey they’re seeking a home that is just as big or bigger than their current property. That goes against the perception that the boomer generation would create an oversupply of single-family homes as they move into smaller residences, says a ...

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CONDOS BACK ON THE RISE

March 23rd, 2013

Calgary’s condo market is enjoying a resurgence in response to declining single-family inventory in homes available for under $400,000. “While total new listings are declining, there has been a rise in the number of condominium apartments available in the $200,000 to $400,000 segment,” said Ann-Marie Lurie, CREB®’s chief economist. http://www.crebnow.com/condos-back-on-the-rise/?utm_source= ...

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Inner-city real estate prices 'skyrocketing' thanks to walkability

March 23rd, 2013

CALGARY — Proximity to amenities – an area’s accessibility – has become one of the key determinants of a residential property’s value, according to the Real Estate Investment Network. And a neighbourhood’s ‘walkability’ to those amenities is becoming increasingly more important to potential homebuyers. REIN says the latest research shows that there is indeed an association between a neighbo ...

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