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 [...]
TD Warns of Potential Housing Bubble in Western Canada
by Sheldon Johnston and Sara MacLennan on 31. Aug, 2006 in Edmonton Real Estate Market
Average Edmonton Home Now Costs Over $318,000
by Sheldon Johnston and Sara MacLennan on 28. Aug, 2006 in Edmonton Real Estate Market
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 – [...]
Canadian Real Estate Won’t See the Same Cooling as the U.S.
by Sheldon Johnston and Sara MacLennan on 27. Aug, 2006 in Canadian Real Estate
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 [...]
New homes in Edmonton, a safe investment?
by Sheldon Johnston and Sara MacLennan on 27. Aug, 2006 in Edmonton Real Estate Market
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 [...]
BC Real Estate Benefits from Alberta’s Strong Economy
by Sheldon Johnston and Sara MacLennan on 27. Aug, 2006 in Canadian Real Estate
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, [...]
Properties for sale in Edmonton
by Sheldon Johnston and Sara MacLennan on 25. Aug, 2006 in Edmonton Real Estate Market
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 [...]
Alberta reports another record surplus
by Sheldon Johnston and Sara MacLennan on 24. Aug, 2006 in Alberta's Economy
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 [...]
The Difference Photography Makes
by Sheldon Johnston and Sara MacLennan on 23. Aug, 2006 in For Sale By Owner, Tips for Home Owners
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 [...]
Formal Complaint Against Comfree Under Fair Trading Act
by Sheldon Johnston and Sara MacLennan on 19. Aug, 2006 in For Sale By Owner
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, 2006
EDMONTON [...]
Top 10 Questions to ask the Agents That Want to List Your Home
by Sheldon Johnston and Sara MacLennan on 18. Aug, 2006 in Tips for Home Owners
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 [...]
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The authors, Sara MacLennan and Sheldon Johnston are both licensed real estate associates in the province of Alberta.
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