Calgary Real Estate Market Forecast 2018 ⌂ BC Pipeline Oil Price Update Home Prices Calgary Airdrie Downtown Condos Apartments

Calgary Housing Market and Update

What’s the forecast for Calgary’s housing market for 2018 and beyond? Right now, it’s cautiously optimistic for buyers who are in a good position to benefit from a growing pool of housing stock Calgary in summer 2018.

The real estate market in Calgary has been in the dumps for several years, however with the price of oil hitting $66 today (May delivery), it’s getting interesting for buying and rental property investment.

Calgary’s challenge is similar to other North American cities with a lack of supply. Listings of homes dropped almost 50% in some areas of thecity from last summer. These might be gobbled up fast if energy prices rise quickly this summer.

Unemployment however has dropped in the last 2 years and many believe the recovery is well underway — powered up by rising oil prices in US dollars x rising production numbers.




OPEC Willing to Throttle Output

Yes, Calgary is more than oil, but oil money is hard to ignore. Alberta needs the investment funds that flow in when Oil prices rise.

With OPEC cutting oil production output, and oil prices jumping past $66 a barrel (WTI) it’s awakening the oil patch. Alberta’s oil production rose to record levels in the last two months. Multiply that by rising prices and the economic outcome should be obvious.

Twice now, during the early winter, prices rebounded. The price is showing peristence. If it does this for 3 more months, investors will being loading money back into the Alberta economy.

The political situation in the US is calming down, US economic health is improving rapidly, and by shutting out China, the US will be keeping billions and attracting more investment money.  Big picture looks really good. Prospect of a US housing collapse are low, even though Americans are very wary. That’s just smart.




If you’re considering moving to Calgary to work this year, be forewarned that Calgary is rated worst for affordability for lower income earners.

As of February 2018, average rent for an apartment in Calgary is $1129 which is a 12% decrease from last year when the average rent was $1264 , and a 3.72% increase from last month when the average rent was $1087.  — from RentJungle Report

Calgary Housing Market Stats

As you’ll note sales are down from 18 months ago, and those were recession numbers. Most of the buying and selling were in the first half of the year, and there was a burst of buying due to the Fed mortgage rule changes.

It’s worse than it looks. However with the economy on the upswing and oil prices pushing through $55, there is some optimism.




In February, listings and sales fell yet home prices kept level. CREB suggests a steady path to recover and a market very similar to 2017. They suggest rising interest rates, tougher mortgage rules, and stagnating wages should calm the market this year. Financial people are always citing microeconomic factors and mortgage rates as housing market factors, however people buy when the economy is good and is promising.

The Stampede chuck wagon advertising auction created $3.2 million in bids. The oil patch seems to be optimistic!

Calgary Housing Report for February 2018

Calgary Monthly Housing Stats February 2018 January 2018 October 2017 October 2016 September 2017
Total Homes Sales 657 583 910 1031 919
New Listings 1,293 1,288 1,483 1,326 1,873
Active Listings 2,456 2,199 3,250 2,574 3,479
Median Price 495,000 474,000 474,250 464,000 482,000
Average Price 575,407 575,407 544,984 529,378 556,372
Pending Sales 58 102
Days on Market 45 55 44 42 42

Above stats courtesy of CREB

South Calgary is the hot spot with 249 homes sold in February. The south has 799 homes listed for sale. 275 apartments were sold in downtown Calgary in February and there are 730 units available.  CREB expects sales of apartments to fall slightly in 2018, so buyers might have the upper hand this spring.

The Globe and Mail reports that 30% of Alberta’s new inventory remains unsold. This has to be one of the best buyers markets ever for investors, as long as you don’t mind waiting for the payoff.

And with housing prices predominantly in the $300k to $500k range, Calgary is still considered affordable, especially compared to Toronto and Vancouver where life is painful for renters, mortgage holders, and buyers in waiting.



Chart courtesy of CREB. Timeline of Calgary home prices

Even the experts are voicing caution, probably because they’re not sure themselves who has control of oil prices, and whether the BC pipeline issue will be solved. And BC doesn’t seem to be batting an eye, as gas prices there rose above $1.50 a litre.

Rachel Notley pointed out the BC premier’s ironic and hypcritical stance on Alberta oil with his new subsidies for LNG projects in BC. BC gas prices look like they’ll go sky high by May and June and the resistance might begin to wane at that point.

Gas Price shock – Photo Courtesy of CTV.ca

And besides the BC carbon tax, and the investment killing removal of the corporate tax rate cut, there’s also the matter of how much Vancouver’s housing market can take as interest rates rise too.

This is a text book test of the merit and wisdom of government regulation. BC’s government run auto insurance sector is already in deep trouble, rumoured to be on the verge of bankruptcy.

Not only does Alberta ease the prices BC drivers pay for gasoline, the Federal taxes on oil production are steep and distributed to the other provinces. Everyone benefits when Alberta’s energy sector thrives. It’s vital for Canada.

The WTI WCS price differential is a painful loss for Alberta Oil producers and of late it’s gotten worse due to pipeline bottlenecks. Will it get worse this year?

Alberta’s production capacity is impressive and has recovered by 7,000 m3 from 2 years ago. The issue is getting it to world markets.




With the US and global economies looking good (the recent tariff issue with China should be resolved), demand for energy and oil is forecast to be strong. BP forecasts a strong demand from developing countries.

International investors with a long term investment strategy should compare what you can buy in Calgary for $400,000 vs what you’ll get in the Vancouver market or Toronto market areas and you can see the long term investment advantages.  Calgary is a much easier place to do buiness and buy real estate.

Calgary’s spectacular Peace Bridge for pedestrians and cyclists spans the Bow River

Which are The Best Neighbourhoods to Buy a Home in Calgary?

As a long time resident, I can tell you there are many excellent neighbourhoods, with great schools, shopping, and recreation. All of it is accessible.

If you enjoy exercise, you may find the communities along with the Bow River best. There is a cycling/walking trail on both sides and the mountain biking park at Canada Olympic Park is on it too.

If you like beautiful views, Calgary has plenty. The northwest area of Calgary including those communities near Spy Hill, Coach Hill, and Nose Hill Park offer amazing views, and lofty prices too. The neighbourhoods on the northwest outskirts of the city offer unbelievable panoramic views of the Rocky Mountains to the west. Expect million dollar prices here. Homes on Spy Hill and Coach Hill offer incredible views of almost all of Calgary and the spectacular downtown skyline.

If water sports like sailing and windsurfing are important to you, Calgary has a number of man made lakes in the south end. The South has the largest selection of homes, with the Northwest next in number.

If you like cosmopolitan, the neighborhoods near downtown Calgary will appeal to you with the shops and walkability. And downtown’s plus 15 walkway system is close by too.  Downtown city centre is where the condos are and virtually everything you need is here on 7th, 8th and 9th Avenue . The Bow River pathway is adjacent and Calgary’s convenient light rail transit can wisk you away to shopping in the south end of the city.

With the recession now largely in the rear view mirror, and with the price of oil rising steadily, homebuyers and property investors will be looking at Calgary homes differently.

With house prices so low, the expectation for buying residential properties in 2018 will improve. For speculators, the Calgary market is tantalizing, given that home prices in Toronto, Vancouver, Los Angeles, Bay Area, New York, and Miami have peaked.

Calgary’s low price entry point offers a great long term potential. And the selection of luxury homes in Calgary is as spectacular as the landscapes and views from many of the properties.

Inmigration to Calgary is rising and mortgage rates remain low. Although made in Canada housing policies will constrain the market, the outlook for Calgary real estate is for growth. The extent of that growth of course depends on the price of oil and the value of the Canadian dollar vs the US dollar.




The Price of Oil – Already Above Expectations

Oil Prices were never expected to rise near $50 yet are above $55 now. The Saudis have proven they control the price of oil, not markets. Tough to predict what they’ll do however their recent actions show some resolve and purpose. The fact prices have reached $55, well above the limits predicted by all the experts has to indicate something.

OIL Prices Screen Capture courtesy of Marketwatch.com

The World Bank may have posted the best forecast for oil prices through to 2020.

Screen capture courtesy of the IMF

You can check all the oil price predictions for yourself.

 

 




Price to list ratio revels that those putting up their houses for sale are receving 95.7% of their list price.
Total sales volume of apartment dropped slightly, however total sales in dollars dropped by $5 million compared to September.

Screenshot courtesy of CREB.com

Economic Predictions for Calgary

If oil continues to rise steadily in price, Alberta stands to recover economically. Businesses have pared down their costs and are better able to profit from growth. Although not officially a big component of the rosy Canadian economic forecast, Alberta and Calgary are keys to the future.

Alberta’s economy is much more diversified than it used to be however it is impossible to replace the revenue generation of the Canadian oil sands, the world’s largest pool of untapped oil reserves.

The price of WTI oil just reached $56, well above $30 a barrel last year, and there are indications the Saudis intend to cut production. The wise course of action is for governments to support the oil sands and other more costly production methods to grow oil supply. This would prevent OPEC from harming the growing US economy and the global economic upswing.

CREB’s 2017 Economic Outlook and Regional Housing Market Update

In the Calgary Real Estate Board’s most recent 2017 Calgary Economic Outlook and Regional Housing Market update, CREB believes the pace of economic recovery will be slow but stable. Stagnant employment, wages, slow immigration, tighter mortgage lending restrictions, and made for Vancouver/Toronto economic policies will weigh on the Calgary housing market.

The latest report does forecast for 2018. However, Alberta’s economic performance is expected to be well up at 4.3% for all of 2017. New construction housing starts will be well down this year at around 3500 units. Multifamily housing starts are down just slightly from 2016 levels.



Screen capture courtesy of CREB.com. Stats courtesy of CMHC.

Total house sales were precisely forecasted to be 600 higher in 2017 than 2016 with a price similar. Dead on accurate. New listings will total 32,731, 400 for the full year. Sales of apartment will rise slightly over last years numbers at about 2800 units.

The loonie remains around 78 cents CAD vs USD, maintaining an excellent premium on exports from Calgary, and exports of Alberta oil. Forex experts believe the US dollar forecast is upward, while the Canadian dollar forecast is downward.

If new construction starts are constrained, then the resale market may grow in the neighbourhood of 1% in 2018, 2% in 2019 and perhaps 3% in 2019.  Of course, all predictions rest on the price of oil which as mentioned, the Saudis and OPEC control.  And US shale production and drilling rig counts seem to moderate upward increases in oil prices.

The last word on the Calgary Real Estate Forecast is positive. Oil price is rising, the US dollar is climbing with President Trump’s new tax cut to raise the US dollar value. With Alberta’s growth currently reported at 6%, a solid Canadian economic forecast at 3.7% growth in 2018, we’re running out of reasons why Calgary isn’t going to boom in 2018.

Note: the preceding post is not meant as specific investment advice, but rather as a comparison of real estate investment or home buying opportunities. Please ensure you discuss all investments with a licensed professional.

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Hotel SEO – Los Angeles San Diego Orlando Miami New York Boston

Hotel SEO – Creating Customers out of Travellers

Whether it’s cheap flights or business class hotel bookings, you know how searchers look hard on Google for the right rates and locations.  

And while expedia, hotels.com, trivago, and airbnb are also well aware of the power of Hotel SEO and have big outreach via social media, there’s plenty of opportunity to build traffic for your hotel or B&B Inn.

Today, it’s all about the customer journey, the experience they have while searching. That search may begin with “cheap hotel rooms” but with excellent search engine optimization and expert content strategy, the path that travel consumer takes can be managed. We an show them a better solution than cheapest hotel rooms, New York, or San Diego hotels.

SEO is just the beginning. Content strategy and content engagement pave the way to hotel bookings and revenue




How much Traffic can Hotel SEO deliver? A lot.

In fact, I doubled a major hotel’s traffic and made a big impact on their bottom line. This was traffic generated via Google, Yahoo, direct visits, and other website referrals. Adding a million new visits per year makes Hotel SEO a respected profession. I’d be delighted to perform SEO for your hotel brand.




I do love travel and hotels are recognized as convenient, safe, and comfortable accommodations. Your SEO specialist should have a passion for destinations. My personal favorites are Banff, San Diego, Costa Rica, Whistler BC, and Florida. Any many more locales await!

And while AirBnB has put a good deal of pressure on the hotel industry, hotels have innovated.  Years ago, hotel marketing communications were formal and narrow thinking. Yet today they’ve opened up to more personal and creative interactions with travellers looking for fun, helpful and engaging content.  There are alternate paths on the hotel customer journey.

AI Solutions for Hotel Marketing

With artificial intelligence marketing software beginning to roll out, the role of Hotel SEO specialists will evolve. The new AI marketing software brings unbelievable insight and power to SEO specialists. Now we can test content for impact, clickthrough conversion rates, and engagement improvement. AI marketing and content personalization software is a godsend to those looking for big improvements.

How to Build Hotel Search Rankings?

Achieving rankings, wide and deep, actually requires a lot of content, ingenuity, and social connectedness.  There is original content and then there’s more content that we might glean from your property databases. Whatever can help us generate rankings and build our relevance to RankBrain and searchers.

The strictness and avoidance of risk that major brands have as their achilles heal, is just one area where your small hotel can exploit. On a local level as well, many hotels won’t play the give and take that high performance SEO takes. So whether it’s local SEO or large scale Hotel SEO, there are niches and opportunities where you can beat the big brands and get solid exposure.

What do You Need to Win your Google Rankings?

  1. bold, confident keyword selection (head and longtail both)
  2. clever, engaging content constructed as a whole on your website
  3. high performing EPIC level visual content
  4. high quality, sharable blogs, pdfs, videos, photos
  5. interesting, engaging blog posts using semantically relevant copy
  6. high quality travel-related stories

Good Content for Engaging Behavior

Yes, as I demonstrate in my new SEO Book, there is no dichotomy between SEO and Content Strategy. You can align and combine to make Google and customers have the same pleasant and and convincing experience. Let’s get your Web presence optimized from top to bottom.




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US Buyers Guide to Canadian Real Estate

Canadian Real Estate Buyers Guide!

Buy or sell when the market is moving. With the Tax Cuts and Jobs Bill, the US economy is surging. Tax cuts mean Americans will have more money, yet the US real estate market isn’t as attractive anymore.

US real estate prices may fall while the US dollar is falling in value.  Investors are looking for better investments, and although the Toronto and Vancouver markets are stagnating at present, they will likely start to surge in June.

With the prices of oil and Canadian interest rates up, the Canadian dollar is rising (now over 81 cents US). That makes Canadian real estate a worthy in investment, particularly as a rental income property in markets where rental units are shrinking.




The fall of the US housing market and Canadian housing market have been heading in opposite directions as we enter into 2018. With the US dollar forecast to fall, Americans may improve their capital gains in the Toronto, Calgary or Vancouver markets.

The 25 cent bonus on the USD/CAD exchange rate at a time when home prices are in a temporary lull could give US property buyers a 30% premium or more when purchasing homes or condos for sale in Canada.




That’s not all. Right now in early 2018, outside of the Vancouver and Toronto regions, in cities such as Edmonton, Calgary, Saskatoon and St Johns, real estate values are very low, giving you even more purchasing power. Experts are suggesting prices will go much higher due the housing crisis. Homes and Condos are in short supply and are bought quickly.

A 25% Bonus:  It’s a very positive environment for investors and well worth learning more about.




If the Canadian economy grows alongside of the US economy, we could see very ideal conditions for buying Canadian homes, condos and cottages, and even rental property during the next 6 months in Canada.

You  may never have such amazing purchasing power for your money again. It’s worth it to contact a realtor here in Canada and inquire about homes for sale.

Prices are rising moderately in Toronto, but there are homes for sale in all regions. You can check now for new homes for sale in Toronto, Mississauga, new homes in Vaughan, new homes in Newmarket, and Bradford just outside of Toronto. Why Toronto?

Do you know anyone looking for a safe investment with a 30% ROI that’s growing? Make sure they see this!




Vancouver has a foreign buyers tax which will erode your return and wealth. Vancouver is discouraging further investment. They don’t want your money. Toronto on the other hand is open to such investment and has a huge number of Toronto condos being constructed.

There are huge housing developments such as in Vaughan and Bradford where thousands of new homes are being built. If you prefer new properties to rent out, as an income investment, this might be a good target for you. The hot ticket for investors right now is rental property investment.

Your Guide to Real Estate Investment Opportunities Here in Canada

The purpose of this guide is to make you aware, and give you some information on how to go about investing in real estate in Canada.

Liberal Foreign Ownership in Canada

Canada is a politically stable, low risk and safe place to invest and it is open to foreign investment. While some provinces have limits on foreign ownership of land, Canada is for the most part wide open to foreign real estate investors. There are no taxes on buying property in Canada, however you will be taxed when you sell. With Canadian mortgage rates so low right, and with not much increase expected, it may be wise to use a Canadian mortgage financing company to purchase your property. However, you could use your own bank.

To understand all the legal requirements necessary to buy property in Canada and obtain mortgage financing, it is wise to contact a licensed Realtor in Canada.




Best Places Buy Homes in Canada

The investment landscape is always changing and certain regions of Canada are amidst different circumstances. Vancouver has just gone through a real estate boom and the local government has imposed taxes to discourage foreign investment.

Toronto is a very hot real estate market and low housing availability and other conditions will keep prices high for sometime. Prices in the greater Vancouver and Toronto regions are high.

Canadian government policies have sought to restrict first time buyers who may lack the financial resources and be carrying too much debt to buy a home. This is a precautionary measure and may impact your attempt to obtain financing from a Canadian bank or mortgage company.

Kelowna BC is not impacted by a foreign buyers tax and is currently in high demand. Calgary and Edmonton’s real estate market is flat and could represent an ideal purchase. However, the oil and gas sector may not return to health for many years. Areas and towns outside of Toronto have not seen the huge price increases, thus may offer better ROI than a condo in downtown Toronto.

Finding a Good Realtor

There are tens of thousands of Realtors to choose from in BC, Alberta and Ontario, however most are inexperienced agents without connections, expertise, market knowledge, or marketing power, and other are near retirement with insufficient motivation to work hard for you. To find a good real estate agent, you’ll want to review their online presence. Do they have at least one website and social pages where you can get to know them? Transparency and marketing effort are important.
You can search for a Canadian realtor line via google.ca, or through realtor.ca, or reco.on.ca. Ontario realtors are licensed and governed by RECO or the Real Estate Council of Ontario. You can get answers to a lot of questions on the RECO website, however, you’d be better advised to speak to a Realtor to save some time on your information search and avoid becoming confused and demotivated.

Your interest in buying Canadian real estate is wise. Keep your intent alive by speaking to a real, licensed Toronto area Realtor right now.




Realtor™ and Legal Fees

There are negotiable and set fees when buying real estate via a Realtor™. The realtor will typically be paid up to 2.5% of the sale price of the property. The buying agent and selling agent will split up to a 6% transaction fee. However, there is no limit on Realtor™ fees. It may be wise to avoid a Realtor™ who charges low fees, as they may be reluctant to put a good effort in for you. That lack of time and resources could translate to poor buying decisions. Given the massive return on investment possible during these times, it’s wise to pay a Realtor™ their normal fee so you receive their full attention and support.

Other Fees

When you purchase a home or condo, new or old, you may be required to pay a deposit, appraisal fees, home inspection fee, survey or certificate of location cost, title insurance, land registration fees, water test, septic tests, Estoppel Certificate fees, and condo or strata fees, property taxes. This is why hiring a knowledgeable Realtor™ is wise. No purchase of real estate is without risk.

Financing

If you need financing to buy a property in Canada, you can obtain it via Canadian banks or what’s called the secondary mortgage market. Banks or mortgage brokers are a good choice depending on your credit situation. These lenders are more amenable to lending when the property is located in Canada. Secondary mortgage lenders may require more collateral and charge higher mortgage rates and fees, while banks may not lend you money if you are considered to much of a risk. You will need to provide documents related to your financial wealth, income and credit worthiness when you apply for a mortgage in Canada.

You can also use US banks for financing and the advantage is that you have a credit rating in the US, which US lenders might have more respect for. However, legal agreements between the US and Canada, give lenders the ability to collect on debts, so don’t think that because the property is in Canada, that it’s an issue. The lenders know they can foreclose on the property if you’re in default of payments.

You may have to pay a down payment of up to 35% of the property. It’s important to remember that is hard to verify credit worthiness of a foreign buyer and more challenging to collect on money’s owed. You can expect to pay higher rates because of the increased risk.

Canada’s CMHC offers mortgage insurance for home buyers who can’t pay the normal downpayment requirement of 20%.

Housing and Capital Gains Taxes

On purchase, you don’t have to pay taxes on property. Taxes such as the Ontario land transfer tax, Toronto land transfer tax, and British Columbia’s foreign buyer tax are payable by the seller. However, they do raise your purchase price since the charge will be passed onto you as part of the purchase price.

Non-Resident Income Tax: You will be subject to a non-resident withholding tax of 25% of the gross sales price. You can request to have the non-resident tax withheld on the net capital gain on the disposition instead of the gross sales price.  You can fill out the required forms with the Canada Revenue Agency and also obtain a Certificate of Compliance. You must notify RCA within 10 days of selling the property.

Canadian Mortgage Insurance

If you finance your home and need to take out an extra loan to help with the downpayent, you are required to purchase homebuyers mortgage default insurance. Canada’s CMHC provides mortgage loan insurance that enables you to buy a home with a minimum down payment starting at 5% of purchase price. Find out more at CMHC.

If you finance the purchase, your mortgage provider will require you to carry homeowners insurance to protect the value of the home or condo.

Putting an Offer on a Property

To find a good home, condo or property to buy, read the homes for sale tips page to whet your appetite and gauge the prices and types of homes available here in Canada. Areas such as Toronto, Mississauga, Newmarket and Vaughan are ones you may feel safer in investing in. Visit the pages covering new homes in Newmarket, new homes in Bradford, and new homes in Vaughan to learn more about housing developers here.

An offer is a formal, legal proposal to purchase a property. You can put forward a written offer to purchase with it may be a conditional one or unconditional one. Conditional ones have to do with on approved financing or the repair of certain features of the property before title transfer.




Your purchase offer, created and reviewed by your Realtor™ and real estate lawyer will often include:

  • your name, the name of the person selling the home and the address of the house or condo
  • the price you are offering to purchase
  • any items in the home that you want to have included in the purchase price and repairs that must be completed
    financial details, such as the amount of the deposit you are including, any payable interest on that deposit, and whether you’re paying a straight, all cash payment
  • the details of your mortgage financing
  • the closing date for the sale and the date of possession of the property (normally 30 to 90 days from the date of the signed agreement)
  • a request to the seller for a copy of a current land survey
  • the expiry date (the date the offer ends any conditions you demand such as passing a home inspection




Accepting the Offer

The buyer can and often will make a counter offer to yours. The market in Toronto and Vancouver is scarce giving buyers the ability to demand a higher price. If the seller accepts your offer, then on closing day (date you take possession), your lender will forward the moneis to your lawyer or notary all the money from your mortgage. You will also provide to your lawyers, your down payment usually with a certified cheque. The lawyer or notary will then pay all the fees and other costs for you, and send all the money to the seller’s lawyer. Your lawyer or notary will then register the property in your name, and send the deed and keys to you.

The property is now yours and you are considered the title owner of the property (as governed by the Ontario land titles system), registered in the specific province where you bought the property.

The Buyer’s Guide to Buying Canadian real estate is presented as a helper to give you an overview of how to buy property in Canada. For accurate advice and legal counsel on purchasing property, please speak with a licensed realtor or real estate lawyer.

Best Cities to Invest In Canada?

 

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Learn more about the 2 hottest housing markets: The Toronto Real Estate Market and the Mississauga Real Estate Market.




The above information is not intended as professional advice to buy or sell property, but only as an encouragement to seek out the assistance of a licensed Realtor, Canadian investment advisor, mortgage broker or other professional for you to explore current opportunities. Political, legal, currency and other factors may reduce the return you receive on your real estate investment.

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Banff and Lake Louise Vacations

Vacation in Banff and Lake Louise, Alberta Canada

Many vacationers actually struggle to choose between a warm tropical vacation or a trip to a ski resort near a mountain town. And then there’s the summer vs winter conundrum.

This post might sway you to choose a place that’s more vertical in nature offering more of the sights and adventurous experiences that make you feel alive. If you’re feeling bored with the usual Florida/Mexico/Caribbean or Costa Rica vacation, perhaps a vacation in the Canadian Rockies might give you a lift.

A 1938 poster for Chateau Lake Louise courtesy of ebay.ca

This winter and beyond into 2017, millions of people will visit the Canadian Rockies with Banff National Park as their destination. American travelers will love the extra boost the US Canada currency exchange gives them in 2017. That’s a 30 cents on the dollar bonus!

But what will you find when you visit Banff, Canmore and Lake Louise in Alberta Canada? You’ll find one of the most completely satisfying vacations possible.

And if wedding bells are in your future, this Canadian paradise will get you started on a delightful note. And shouldn’t you get your marriage launched the very best way?




It’s hard to describe the full value and impact of a Canadian Rocky Mountain experience. There’s many different ways to get to Banff and Lake Louise whether from Vncouver to the West and Calgary to the East.  Aand you can customize your itinerary when you get here. From nature hikes and river rafting to golf and skiing, your days will be full and your evenings relaxing. The pics below explain best how amazing this haven is whether at Xmas or in the summer and fall.

Enjoy this gallery of Banff and Lake Louise pictures and videos that explain vividly why you might be looking into booking your vacation package for 2017.

Beautiful Lake Louise with Chateau Lake Louise in foreground
Moraine Lake is one of the most beautiful places on earth

Chateau Lake Louise – An Absolute Must See

The pleasing architecture and stunning views offered at the Chateau Lake Louise make it a prefered destination for world travelers. High altitude, clean air, beautiful colors, fantastic walking trails, leave an indelibe impression on all visitors. Canoeing, eating drinking, and listening to Swiss Alp Horns is part of a typical day at Lake Louise. If you’re lucky you might might a Canadian deer or a hoary Mammot. The alpine trails leading to the tea houses are a spectacular adventure.  Believe me, if you’re a hiker, you won’t want to leave. Bring your camera, your friends, a lunch, and shoot all the selfies you can!  It’s expected here.

Photo courtesy of Fairmont Chateua Lake Louise




The Lake Agnes Tea House – Your Reward for the Climb

Photo courtesy of https://www.flickr.com/photos/thetaooftim/5489451953

Banff Village – A Picturesque Mountain Town

Photo courtesy of Earthporm.com

Banff Restaurants – More Than You’ll Ever Visit

Check out the incredible cuisine of Banff at BanffandBeyond.com and discover which restaurant has the best views!

Photo Courtesy of Banff and Beyond
Take the gondola up and check out the sumptuous menu at the incomparable Skybistro on Sulphur Mountain in Banff. Screen pic courtesy of Skybistro.ca

Banff Springs Hotel – Canada’s National Treasure

Want to experience the Rockies and Banff like a celebrity or royalty? You can do that and you’ll likely see celebrities here from around the world. This old castle looks like it’s shipped in from Europe. It’s splendid interior and exterior architecture is a marvel you’ll be checking out.  It’s been beautifully refurbished to include a magnificent spa. You can walk, ride your mountain bike, or go golfing or river rafting. This is where Marilyn Munroe stayed when doing the film A River Runs Through it.




It’s a nice walk to the town of Banff but don’t get too close to the Elk walking about freely. Elk are huge animals and the rocky mountain sheep are large too.

Bull elk feeding in Banff, Alberta, Canada. Photo courtesy of Huntington Post

Is Moraine Lake The Most Beautiful Lake in the World?

Moraine Lake, Alberta
Photo courtesy of Lazy Desperados Photography





Take a hike around Moraine Lake which is near Lake Louise. Spectacular.

Johnston’s Canyon Wallk – – Photo courtesy of Banff.ca House in Canmore Alberta

Ski Lake Louise, Sunshine, and Mount Norquay

Pic courtesy of skibig3.com




There are plenty of excellent hotel accommodations along Banff Avenue. Photo courtesy of Tripadvisor

Photo courtesy of a Thousandwonders.net — Banff Hot Springs

Thanks for visiting!  And happy vacations in 2017.

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The Oil Rich West Looking Strong for Years

Are you wondering if Ontario and Toronto markets will be sufficient for your business going into the next 5 or 10 years? Well, lately with our $ below .92, your first thought would be emphatically yes if you’re shipping to the US.

That 8 extra cents per dollar really helps some Ontario businesses. One expert believes the dollar will sink below 80 cents US so for many exporting companies in Canada, that spells opportunity.

Yet our unemployment rate has risen. Businesses can continue to focus on Ontario, or take a look out west where it’s pretty well booming.

Go West Young Man (and Woman)

Is this the right time for Ontario entrepreneurs/investors to look seriously at Calgary as a big additional location/opportunity? As a business revenue diversity and investment sourcing plan, it might be very wise. Calgary knows business people and investors want a piece of the action and they’re ready to help.

There’s big Canadian oil money here and these wealthy business people might be highly inclined to invest locally in Calgary. Many businesses are spreading out to build additional locations because the trend today is local. You must be present and active in that local market. And perhaps the key here is that it’s one way to get in front of huge Chinese and Middle Eastern investors.  That one great connection could open up many doors.

More great views of downtown Calgary.

Direct foreign investment into Canada has slowed because of our foreign ownership rules and high personal debt. Asia and Dubai are increasingly more attractive places to find a better ROI.  Investors are avoiding Canada and sinking their funds into US bonds. The employment and economic data aren’t good either so the net result is no one’s interested in buying loonies.

Deustche Bank has stated that real estate values in Toronto and Vancouver are 60% overvalued. If Ontario slips, it could start an avalanche of mortgage defaults (if mortgage rates rise too) and what would that do to Ontario’s economy? Ya, huge risks here.

The new free trade deal with Europe is opening doors for Canadian entrepreneurs, but our auto industry is taking a huge hit. Is Canadian business aware, motivated and ready to enter the Euro market? Without investment money, innovation, and exploring new markets, Canadian businesses might be in for a rough ride.

More Big Money Looking for a Home

Chinese and middle eastern investors are buying Canadian businesses, pouring big money into high end real estate, and oil & gas production out west.  China’s biggest bank just opened a branch in Calgary. That will increase opportunities from Chinese investors.

This all keeps Calgary, Edmonton, Regina and Saskatoon going strong and they’re expected to lead the country in growth.  When the Keystone pipeline opens up, they will be selling a lot more oil, and as the Canada-China pipeline begins operation, they’ll be sucking all the oil of the sands they can get.

Calgary Still Booming

Calgary has grown 500,000 people since I left there decades ago, now approaching 1.1 million. It’s industry has diversified, and Oil and Gas do not look they will ever bottom out again as long as the world doesn’t go into recession.  Luxury home prices are higher than ever.

calgary
Calgary is a fascinating city, the but the West is very different. There are Asian, East Indian, and Russian communities there and everything is ultramodern.  The money out there makes Calgarians very optimistic, believing anything can be done. That’s a pretty healthy personal and business atmosphere. But Calgary is isolated on the prairie, lodged up in the foothills of the Rocky Mountains. Winters are very cold and there’s not many trees. It’s dry. The landscapes are beautiful and the air is clean.

Given all this, you might say Calgary or even Edmonton might be ideal places to expand your business into.  But if you are thinking of venturing into that market, you might want to network with Alberta based companies. There are obscenely wealthy investors there and while many of them are investing around the world and in Ontario, they may invest in Calgary businesses if entrepreneurs presented their proposition expertly.