There's a new way of buying land and it seems to be working out well. With things the way they are right now in the world, people have had to think of new ways to do things and that also goes for the sale of real estate in Alberta. People interested in buying land usually have a walk around it, but on-line auctions for acreages in the province are taking off like wildfire.
The province is doing some restructuring of its real estate regulator, less than a year after it gave the former regulating board the heave ho last October. Bill 20 is on the table and it sets out reforms to the Real Estate Council of Alberta (RECA), which licenses and regulates realtors in the province. It is hoped that with restructuring RECA will have improved transparency, accountability as well as a better governance system in general.
First quarter office sales in Cow Town are looking pretty positive. The overall real estate market in the province and around the country has taken a pounding amid a global pandemic, but the first numbers in from the office sector in Calgary look pretty encouraging. Commercial real estate sales rose about 17% in the city in the first three months of 2020 compared to the same time in 2019.
No one likes to sit down and come face to face with their eventual death. But death is a part of life and turning a blind eye to the inevitable will ultimately only cause added pain and suffering for grieving family members if a late loved one did not have an estate plan. Comprehensive estate planning is necessary for Alberta residents, as well as for their loved ones.