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Thomas Krause, RE/MAX Alpine Realty Canmore
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16 followers
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Merry Christmas and a happy New Year to all my clients, friends and supporters! Check out my latest blog about the Canmore Real Estate Market in 2017:

http://www.canmorethomas.com/Blog.php/the-canmore-real-estate-market-2017-trends-and-developments
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New Mortgage Rules starting Jan. 2018

Starting January 1st, 2018 all mortgages will be required to qualify at the posted 5 year rate, or at this time approximately 4.89%. Currently mortgages with 20% or more can qualify at the regular 5 year rate of approximately 3%. The difference can reduce mortgage amounts by approximately 20%.

If you are interested in buying and have not been pre-approved for the new stress test, now might be the time to do so to find out, what the difference would be for you and if you should make a move before the deadline at the end of this year.

Below is a link to the government's website detailing the changes. Feel free to call or email if you have any questions or concerns
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I just listed a unit at Mystic Springs, one of #Canmore's most popular Vacation Resorts! Owners there typically rent out their units on AirB&B, VRBO or HomeAway and they make good money with it!
http://www.canmorethomas.com/Properties.php/Details/41
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Another "Toyota Highlander" but now using 30% less gas. Happy to do something for the environment!
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11/08/2017
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Cute as a button: I just listed this really nice and cosy quarter-share at the Silvercreek Lodge Resort in Canmore >>>>
http://thomaskrause.ourubertor.com/Properties.php/Details/39
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There is amazing potential in this commercial listing on 10th Street in Canmore! Check out the link for all details including financials, a virtual walk-through etc.!
http://thomaskrause.ourubertor.com/Commercial.php/Details/38
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Not much to buy in Canmore at this price level right now! So check out this large family home with lots of potential!! >>

http://www.canmorethomas.com/Properties.php/Details/35/details
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09/02/2017
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It is incredible: We only have about 120 active property listings in Canmore; deduct some lots and some properties that are already conditionally sold, and we are way below 100 listings. That's very low and we had about 200 listings at the change 2015/2016. I wish we had more to sell!

If you want to know more, check out my blog>>>
http://www.canmorethomas.com/Blog.php/the-canmore-real-estate-market-past-present-future
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