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Monthly Archives: March 2022

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Mortgage refinance demand plunges 60%, as rates hit their highest level since 2018

Posted on March 30, 2022 by Joe

Mortgage rates took another jump higher last week, taking their toll on current borrowers who might have wanted to refinance. Demand from homebuyers, however, appears to be hanging in for now.

Read more: https://cnb.cx/3IZ59SE

Posted in United States

Why you need a buyers’ agent when investing in property

Posted on March 30, 2022 by Joe

Many people use buyers’ agents when they’re trying to buy their family home, thinking they need their expertise to make sure they’re making a wise decision and paying the right price.

Read more: https://bit.ly/3DmQn6N

Posted in Global

Bruny Island: The exclusive Tassie pocket that’s a world of its own

Posted on March 30, 2022 by Joe

Imagine an island where the beaches are impossibly white, the waters on a clear day are captivatingly blue, and the main road winds its way from one bay to the next.

Read more: https://bit.ly/3JVnm4D

Posted in Global

Old Strathcona parking lot sparks debate on how Edmonton leases public land

Posted on March 29, 2022 by Joe

A parking lot off Whyte Avenue has sparked debate about how city-owned lands are leased and who reaps the benefits from public amenities.

Read more: https://bit.ly/3iLuHb9

Posted in Edmonton (Alberta)

TransPod announces partial funding commitment for Alberta hyperloop line

Posted on March 29, 2022 by Joe

TransPod has announced it has secured $550M USD in financing for its ultra-high-speed hyperloop train line which would run from Calgary to Edmonton.

Read more: https://bit.ly/3qGvlLp

Posted in Alberta, Calgary (Alberta), Edmonton (Alberta)

Metro region board downsized to 8 municipalities

Posted on March 29, 2022 by Joe

Wheatland County and the Town of Strathmore have been removed from the Calgary Metropolitan Region Board (CMRB) by Municipal Affairs minister Ric McIver.

Read more: https://bit.ly/3wNs6Wr  

Posted in Airdrie (Alberta), Calgary (Alberta), Cochrane (Alberta), Okotoks (Alberta)

International Energy Forum: $150 Oil Is Possible

Posted on March 29, 2022 by Joe

Oil prices could spike to $150 per barrel, especially if the situation with Russian oil supply worsens amid sanctions from the West and self-sanctioning from buyers, Joseph McMonigle, Secretary-General of the International Energy Forum (IEF), told Bloomberg on Tuesday. 

Read more: https://bit.ly/3K2Ellq

Posted in Global

Gondola being planned to connect Capstone with Bower Ponds

Posted on March 29, 2022 by Joe

A gondola connecting Red Deer’s Capstone neighbourhood to Bower Ponds could be reality within two years, according to Edmonton-based Prairie Sky Gondola (PSG).

Read more: https://bit.ly/3JSMwRx

Posted in Red Deer (Alberta)

City council approves tax increase guidelines of up to 4.7% and 4.3% for 2023, 2024

Posted on March 29, 2022 by Joe

Red Deer city council stuck with proposed property tax increase guidelines of up to 4.7 and 4.3 per cent for the next two years — while pledging to seek ways to lower these numbers.

Read more: https://bit.ly/3DmOMhd

Posted in Red Deer (Alberta)

‘We’re ready’: Oil is way up, so is Fort McMurray booming again?

Posted on March 29, 2022 by Joe

Driving around Fort McMurray, the lack of houses for sale is noticeable, and there are a few new businesses popping up.

Read more: https://bit.ly/372ez2s  

Posted in Fort McMurray (Alberta)

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