Want to build a NEW HOME? Nicoleta started her career working for a home builder.  Give us a call to share her experience with you!

 ASSUMABLE Properties!

If the BANKS say "NO!",  if you are NEW to Canada, if you are an INVESTOR  or you had some CREDIT issues, this might be the solution for you to own a property. Give us a call and we will try to help you!

KalloTeam - "SOLD" Stats

Our new and modern office is now OPEN!

Visit us at #231, 2335 - 162 ave SW  (in BRIDLEWOOD, next to SOBEY'S)

Phone: 403.254.2540 or cell:403.613.6080

We also offer COMMISSIONER FOR OATHS SERVICES

Letter of Invitation, Letter of Consent (for minors travelling outside Canada), Affidavits, Declarations.

The new brokerage website will come soon!

     2009 is the year when we will celebrate 6 years in the business! We are so proud to let you know that we took our business to the next level... KALLO Real Estate Group is now an accredited member of Calgary Chamber of Commerce (www.calgarychamber.com ) and the Better Business Bureau( www.calgary.bbb.org ). Please drop by and check our ratings! We also invite you to rate our services on a Romanian website: www.raterombiz.com!

   As a plus, we are member of the "must have Realtor' organizations" CREB-Calgary Real Estate Board( www.creb.com), CREN- Canadian Real Esate Association (www.cren.com) as well as AREA- Alberta Real Esate Association www.area.ab.ca!   

   We have been first-time buyers too and first time sellers as well and we clearly remember the stress and the hassle caused by trying to understand the conditions, terms and steps needed to purchase our first HOME! Or how complex the sale of our home was! This is why, at KALLO Real Estate Group we decided to offer to our clients not only 100% of our knowledge in the Calgary Real Estate market, but also advice as if they are part of our family. And our previous clients can confirm that!

Kallo Real Estate GROUP would like to be an "one stop" Brokerage for our clients. We would be proud to introduce you to our everyday business partners, professionals involved in a Real Estate transaction: Mortgage Brokers, Home Inspectors, Condominium Documents Inspection Offices, Real Estate Lawyers. If you wish, you can hire you own professionals, YOU DECIDE!

 Would you like to sell "by owner"? For a flat fee we can assist you to write the contract.

*THIS IS NOT INTENDED TO SOLICIT CLIENTS ALREADY UNDER CONTRACT WITH OTHER BROKERAGES.

Major banks are increasing their mortgage rates! Call now a mortgage broker to hold your interest rates! Get pre-approved, not pre-qualified! IT WILL SAVE YOU LOTS OF MONEY! Good luck!

Home sales jump in April - HEATHER SCOFFIELD Thursday, May 14, 2009-

OTTAWA - Home sales soared in April for the third month in a row, but the real estate market has not yet made up for all the lost momentum of the past year, the Canadian Real Estate Association says. Sales of homes in Canada, seasonally adjusted, jumped 11.2 per cent in April compared to March, the largest month-to-month increase in more than five years, CREA said. The gain compounds advances of 10.3 per cent in February and 7.7 per cent in March. Home sales volumes were a full 32 per cent above January's levels Ð the lowest levels in a decade.

Simply put, this was a very strong housing market report, said Millan Mulraine, economics strategist at TD Securities. It is suggesting that the worst of the correction in the Canadian housing market may be behind us, and that the housing sector may be on the mend.Ó Prices are still lower now than a year ago, with the average sale price in April at $306,366 about 3.2 per cent lower than April, 2008, when prices hit their pre-recession peak.

Indeed, economist Derek Holt at Scotia Capital Inc. doubts the month-over-month momentum can be sustained, mainly because the surge this spring is a result of unfulfilled demand from last winter and borrowed demand from the future. Activity is strong now partly because no one was buying late last year when housing markets in Canada stagnated, he said.

For now, though, the gains were widespread. The volume of homes trading hands rose in 70 per cent of local markets in April, compared to March, CREA added. In particular, Toronto saw a 10 per cent increase, Vancouver's sales rose 30 per cent, Montreal was up 15 per cent and Calgary was up 31 per cent. Still, compared to a year ago, home sales in Toronto were 10.5 per cent lower, Vancouver was off 17.4 per cent, Montreal was down 4.3 per cent and Calgary was 21 per cent lower. The only cities showing a year-over-year increase in sales were Kitchener-Waterloo in southern Ontario, and Ottawa. The key to the substantial increase in sales in the past few months is a growing realization by sellers that pricing has to be realistic, said Dale Ripplinger, a real estate broker based in Regina and also the president of CREA. Price adjustments in some markets have helped affordability. Second, lenders do have money for people and properties that qualify, although some are being more stringent.

A recovery of consumer confidence has also helped boost sales in the housing market, he said. Lower mortgage rates are also a big factor, added Mr. Mulraine. It appears that home-buyers are taking full advantage, despite the bad economy. And this is certainly encouraging, he said in a note to clients. Also encouraging a more stable housing market is a continuing decline in the supply of homes coming on to the market, CREA noted. New listings in April (seasonally adjusted) were 1.8 per cent lower than in March, and 16.4 per cent lower than the peak of May, 2008.The spring housing market has been more active than CREA had anticipated, prompting a small upward revision to its forecast for sales for the rest of 2009.

For 2009, CREA now expects sales to fall 14.7 per cent to 307,500 homes slightly less than in its last forecast issued in February. Stronger-than-expected rebounds in British Columbia and Ontario were the drivers behind the revision, CREA said. 2010 should bring a 7.2 per cent increase in sales Ð a slightly weaker rebound than in previous forecasts because of downgraded expectations for economic growth next year. The rebound is expected to be strongest in British Columbia and Alberta. CREA economist Gregory Klump said he expects national average prices will rebound slowly from the low reached in January, and begin to post modest year-over-year increases during the fourth quarter of 2009. 

First-Time Home Buyers credit - First-time home buyers who acquire a qualifying home after January 27, 2009 may be entitled to claim a new non-refundable tax credit up to $5,000 and worth up to $750 ($5,000 ? 15%).  To qualify, neither the individual nor his or her spouse or common-law partner can have owned and lived in another home in the calendar year of the new home purchase or in any of the four preceding calendar years. The credit can be claimed by either the purchaser or by his or her spouse or common-law partner. The credit will also be available for certain home purchases by or for the benefit of an individual eligible for the disability tax credit.   Home Buyers Plan threshold increased  - The budget increases the amount that first-time home buyers can withdraw tax-free from a Registered Retirement Savings Plan (RRSP) to purchase or build a new home to $25,000 (up from $20,000). The new limit applies to withdrawals made after January 27, 2009. Home Renovation tax credit - Under a new temporary renovation tax credit, home owners can claim a 15 percent non-refundable tax credit for eligible expenditures over $1,000 but not more than $10,000, for a maximum credit of $1,350 ($9,000 ? 15%). The credit is available for eligible costs of work performed or goods acquired after January 27, 2009 and before February 1, 2010 (unless the expenditure is made under an agreement in place on or before January 27, 2009). Family members (spouses or common-law partners and their children under 18) are subject to a single limit based on their pooled expenditures. The credit is only available for a dwelling that is eligible to be the familyÕs principal residence or that of one or more of their other family members. Expenditures will qualify for the credit if they are incurred in relation to a renovation or alteration of an eligible dwelling, provided the renovation is of an enduring nature and is integral to the dwelling. Examples include new furnaces, windows and decks. Eligible expenditures include labour costs, professional fees, building materials, fixtures, equipment rentals and permits.

Motivational Quote of the Month: "Believe in your positive power, help people and trust your instincts... here is to the best in YOU! - Anonymus

We are now recruiting a limited number of Realtors! Call 403.613-6080

Call NOW for a FREE no-obligation home evaluation! 403.613-6080