I found this article on Inman News today and thought the author had some really good points. Many people ask us about the pros and cons of listing your home for sale at this time of year. In Edmonton, on average, home prices tend to drop slightly in the month of December, only to rebound [...]
Archive | November, 2006
New Mortgage Legislation Lowers Minimum Downpayment
The following article from the Edmonton Sun is great news, looks like the minimum downpayment for a conventional (un-insured mortgage) will be lessened to 20% from 25%. Considering how much money CMHC took in last year alone, this is long overdue. When this will happen is yet to be determined.
Proposed cut in mortgage insurance will [...]
Albertans Spend Spend Spend
So, according the RBC, Albertan consumers are going to spend even more next year. What’s interesting about this article is that they state that inflation in Alberta is 4%, when this report that came out from stats Can earlier this week said it is at 3.2%. I can only assume they are using old numbers, [...]
Empty Edmonton Schoolyards to Become Affordable Housing
Interesting idea, taking about 30 parcels of land across Edmonton, that was slated for schools that never needed to be built, and putting affordable housing on it. The city and the school boards will get a nice inflow of cash, restrictions on the cost of housing are in place, and the buyers won’t have to [...]
More Edmontonians Living in Luxury
The following info is taken from a Royal Lepage survey which indicates that the number of Canadians purchasing high end homes has drastically increased, particularily in Edmonton, Cangary and Halifax. In Edmonton it has gone up by 126%! (I’ve taken out the marketing mumbo-jumbo and just left the facts and analysis).
Number of Canadians embracing life [...]
CENTURY 21 Canada Fall 2006 House Price Survey
Another real estate franchise with another survey. There is some interesting information in this survey, in that they don’t compare the average prices for an entire city, to other cities in Canada. They’ve defined what a typical home is for each city, and compared how the prices for that "typical" home have changed over the [...]
Alberta’s Economy Moderating, But Still Leading The Country
At the CMHC forecast seminar in Calgary last week, there was a lot of talk from the economists about inflation, interest rates, house prices etc (of course!). One major theme was that as the US economy continues to cool, the economies in Ontario and Quebec will take a major hit, being mostly manufacturing based economies [...]
North Edmonton Home for sale
Truly exceptional curb appeal! With extras galore! You can view this fantastic North Edmonton home by clicking http://new.edmonton-homes.ca This home is only a few months old and boasts tremendous features. This home can be viewed on Google Earth or view the exclusive home show
Front Stone Accents
Front verandah adds to the curb appealFully finished with 4 [...]
Real Estate Survey: What Consumers Want
Every year, NAR (the National Association of Realtors) conducts a survey, asking people who bought or sold a home in the previous 12 months a variety of questions. The questions are geared to find out what is important to consumers, how satisfied they were with their experience, how they found their home and more. I’ve [...]
Resale Activity reaches new heights in Edmonton
Oh wow…what a day for blogging about real estate in Edmonton!!! I just came back from the CMHC housing forecast seminar in Calgary, and my head is full of stats and information that I can’t wait to share with you. Plus, CREA put out a press release that caused the media to over react yet [...]
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Edmonton Home Sellers Stand Their Ground
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Market Value – Just How Much is That Home Worth?
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Prices Catch up to the Market
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Weekly Update on the Edmonton Real Estate Market
Photos on flickr
About Us
The Edmonton Real Estate Blog is published by Coldwell Banker Johnston real estate.
The authors, Sara MacLennan and Sheldon Johnston are both licensed real estate associates in the province of Alberta.
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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