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RE/MAX Quest For Excellence Scholarship


Attention Grade 12 students: Remax of Western Canada is holding it's annual scholarship contest!  


We encourage students in Okotoks, Calgary, and surrounding areas to apply for this opportunity to be rewarded with $1000 towards your post-secondary education.     


Who can participate?


Grade 12 students attending high school from September 2018 to June 2019. Grade 12 students may not have participated in graduation commencement ceremonies in the past.


Applicants must be a resident of one of the following provinces/territories:

• British Columbia

• Alberta

• Saskatchewan

• Manitoba

• Yukon


What is required?


Have you led a group of volunteers, raised funds for a worthwhile cause, helped special needs children or cared for seniors? Then we want to hear from you! Submit your essay (max. 1,250 words) which conveys your motivation, leadership and communication skills in connection with your community efforts.


Prizes?


• 16 winning essays will receive $1,000 each! One of these recipients will also receive a flight for two in the RE/MAX Hot Air Balloon.*

• Bursary winners will be notified in April 2019.

• All winners will be posted on remax.ca


Opens September 10th, 2018. Deadline March 11th, 2019, midnight. 


CLICK HERE TO VISIT REMAX.CA to LEARN MORE

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Economic challenges to affect Calgary’s housing market in 2019

Economic challenges to affect Calgary’s housing market in 2019


The challenging economic climate in Calgary is expected to persist into 2019.


Easing global oil prices, concerns regarding market access and easing investment activity are weighing on the energy sector and are expected to slow growth prospects in the province this year.


"Slowing growth, weak job prospects and lack of confidence are all factors that are contributing to the expected easing in sales activity this year," said Ann-Marie Lurie, CREB® Chief Economist.


"At the same time, our market continues to struggle with high inventory levels and further potential rate hikes, all of which is expected to cause additional price declines this year."


There are signs that supply in the market is starting to adjust to slower sales, but the pace of adjustment is expected to be slow. Overall, it will help reduce some oversupply in the market and put the industry in a more stable position by 2020.


Buyers' market conditions are expected to persist throughout most of the year, impacting prices across all property types. However, the pace of decline is expected to ease by the end of the year, as concerns over the economy ease. 

While further easing in the housing market is expected, this will not likely be the case for all price ranges, as demand for affordable product is expected to continue to improve, given shifts in lending requirements and adjustments in expectations.


"In this market, buyers have the advantage of choice. A REALTOR® can help buyers find a home that best fits their lifestyle," said Alan Tennant, CREB® CEO.


"For home sellers, knowing all the data and facts surrounding their home is critical to maximize their selling price. Working with a real estate professional can take the guess work out of the process."

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Chat Live with a Remax Realtor on our Website

Buyers and sellers often have questions come to mind as they are looking at homes online. To help provide a quick response to your questions we have installed a LIVE CHAT tool directly on our website!


This means you will be connected with our of our experienced Magnussen Real Estate Team members - professional Remax Realtors - who can provide information on homes currently listed for sale, answer your questions about buying or selling a home, Okotoks or Calgary & other areas' market info and more! 


Check it out today... click on the icon in the lower right-hand corner of your screen and say HELLO!!! 


Always putting you first ;-)

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RRSP Home Buyer’s Plan

TAX-FREE... who doesn't love hearing those 2 words?! 

If you haven’t purchased a home within the last four years (or lived in a spouse’s home in the same timeframe), you may qualify for the government’s RRSP Home Buyer’s Plan. With this plan, you may borrow up to $25,000 tax-free from your RRSP to fund your down payment. Just keep in mind that the money must be in your RRSP at least 90 days before the purchase of your house - so plan ahead! 


The First Time Home Buyer’s Plan is advantageous for Canadians because generally speaking, early withdrawals from RRSPs are considered taxable income. In this case, they’re exempt but you must start repaying the amount borrowed from the RRSP two years after you buy over a 15-year period.


CLICK HERE FOR MORE INFO


After all, it is currently a buyer market in Calgary and Okotoks! If you're thinking about buying a home in Calgary, Okotoks or the surrounding areas reach out and find out how we can help you through the process of finding your first home! 


The best time to buy a home was 10 years ago.

The second best time is now!

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