Everyone knows property prices have gone through the roof in Calgary in Vancouver, and they are at new record-setting levels in Edmonton every month. TD Economics now says there is potential for a bubble in western Canada. The important thing to note is that they state that in Edmonton “affordability remains surprisingly good.”TD warns of potential for housing problems in [...]
Archive | August, 2006
Average Edmonton Home Now Costs Over $318,000
The most interesting bit of info in this article, is that the average home in Edmonton (not greater Edmonton) now costs over $318,000. Especially when 5 years ago only 6% of homes in Edmonton sold for over $300,000. So what does it all mean? Has the cost of housing inflated in Edmonton too quickly – will it deflate just as [...]
Canadian Real Estate Won’t See the Same Cooling as the U.S.
This article from the Globe and Mail outlines all the reasons that the Canadian real estate market is still going strong, and won’t see the same kind of downturn as in the US. They do suggest that with the kind of price increases we’ve seen in Calgary and Edmonton a local cooling may be in order, but at the same [...]
New homes in Edmonton, a safe investment?
Many times as a real estate agent I’ve been told by prospective buyers “we’re going to build.” This is a desire I completely understand, however I’ve often had mixed emotions about this. In certain cases I’ve been convinced that is the best alternative for my clients due to their needs and their ability to pay and understand [...]
BC Real Estate Benefits from Alberta’s Strong Economy
Interesting article from the Journal about how much property Albertans are buying up in BC. One thing is missing for me – a stat showing how many recreational properties were sold to people from BC…. it would be interesting to compare.Albertans find home away from home in B.C.Shawn Ohler, CanWest News Service; Edmonton JournalPublished: Sunday, August 27, 2006EDMONTON — Cash-flush [...]
Properties for sale in Edmonton
These hot new properties were listed by us today in Edmonton. Don’t wait to long – they won’t last.West Edmonton, 4lvl split with 1871 square feet on 3 levels. 4th level is mostly developed. Park like back yard, 3 full baths, 5 bedrooms and within walking distance of one of Edmonton’s most popular schools. More info on [...]
Alberta reports another record surplus
Ok so we have posted similar articles to this in the past. However this is hot of the press from the Edmonton Journal and you can find this story every where in Edmonton right now. CBC ran a insightful documentary on the Alberta boom and it certainly captures the Alberta spirit. The pace of home sales will [...]
The Difference Photography Makes
The Internet is the #1 place buyers look for homes, so it is extremely important that when you list your home for sale it is not only listed in as many places online as possible (especially the MLS), but also that it is displayed well. You spend a lot of time preparing your home for sale, making sure it looks [...]
Formal Complaint Against Comfree Under Fair Trading Act
The Alberta Real Estate Association has made a formal complaint to the Alberta government under the fair trading act. The journal has decided to cover this news today and my comments about the article are in italics below…ComFree’s barbs draw complaint by realtorsWebsite ‘misleading,’ Alberta government toldDavid Finlayson, The Edmonton JournalPublished: Saturday, August 19, 2006EDMONTON – The battle between real [...]
Top 10 Questions to ask the Agents That Want to List Your Home
If you are considering selling your home, you’ve probably already thought about preparing your home for sale, where you are going to move to, what sale price you’d like for your home. Another very crucial step is to interview at least three successful real estate agents who sell homes like yours in your area. Even if you think you can [...]
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Edmonton Real Estate Market Weekly Update – Jan. 6/12
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Edmonton Real Estate Market Weekly Update – Jan. 20/11
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Edmonton Real Estate Market Weekly Update – Jan. 13/12
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What’s going on with Condo Prices in Edmonton?
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About Us
The Edmonton Real Estate Blog is written by Sheldon Johnston and Sara MacLennan of Coldwell Banker Johnston real estate; both are licensed real estate associates in the Province of Alberta.
Aside from blogging, Sheldon manages the brokerage and assists clients buying and selling real estate in the Edmonton area, while Sara focuses on marketing and business development. If you're thinking of buying or selling real estate, or if you're interested in a career with one of Edmonton's most successful teams, contact them at blog@teamjohnston.com.
The opinions contained herein are those of the authors and are just that - their opinions. For legal information, consult a lawyer. For mortgage information consult a mortgage professional. For tax information consult an accountant. This information is not intended to solicit clients already under contract.
For more information about us visit our website.
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