It is an unfortunate fact of life for anyone renting in an apartment building, that someday, someone may decide to turn it into condos. For investors, selling off rental units can be a goldmine. For buyers, it can be a money pit. Often times apartment conversions are done to the minimum standards, with the new owners facing assessments to fix [...]
Archive | November, 2006
Albertans Still Believe in Their Real Estate Investments
The following article talks about a survey done by a "major investment services firm." As an investment services firm they would very much like to see people stop investing in real estate and come back to the stock market. Every year for the past 7 years they have tried to raise fears of a bubble, and every year they have [...]
Demand for Western Canada Industrial Space High
Yes, I hate posting an article that pretty much only talks about Calgary, but, the western centre of the universe is quite similar to Edmonton when you are talking real estate trends. The article below talks about industrial space in Calgary, and how limited it is – Calgary industrial space is now the priciest in the country. The one spot [...]
A Note About Online Home Evaluations
I’ll be the first to admit that an online home evaluation is a great way for a seller to get a ball park figure on the value of their property. There are however some limits to the online evaluation. After almost 20 years in the real estate industry its not possible to mention here all the factors that can affect [...]
Alberta’s Economy to Return to Normal
The following article is from the Edmonton Sun. It discusses a few recent tidbits of information that have come from a few sources, all pointing to a more normal economic situation in Alberta next year. The tone of the article suggests it’s all doom and gloom, but in reality the predictions are that we will go from a 7% growth [...]
Homeless in Edmonton?
One of the things that has always set Edmonton apart from Calgary is the relatively low homeless rate. About a two years ago an article similar to this was posted in the Calgary Hearld. It would have been impossible to forecast the Edmonton real estate market gains this year, just as it would have been to predict its downside. One [...]
Choosing an Edmonton Home Inspector
Now that the crazy days of summer are behind us getting a home inspection clause back in your offer to purchase contract should be a little easier. The following is not intended to be advice relied upon it is more or less based on my experiences as a Realtor. If you have any questions about your situation you should [...]
Edmonton weather cools – Real estate chills
The red hot hot pace of Edmonton’s market has slowed in some areas, but buyers should still beware the best properties go quickly. The pace from June, July and August has slowed but it was still the best September on record for sales. It should be noted that average condos prices actually showed a decline. Below is the [...]
Flipping No No’s in Edmonton
If you are on one of those enterprenurial types who buys properties that need some work and then sells them after the work is done, then you’ll be interested in the following information. This information comes from years of experience, and a few hard knocks of our own. So if your interested in your Edmonton area flip not being a [...]
Real Estate Ad Sales Slump
This article from the Globe and Mail completely misses the boat. Advertising in real estate newspapers in Alberta was significantly down this year, and the author of the article blaims this on real estate agent’s not bothering to advertise their listings, since they were selling so quickly. I beg to differ…. there were half as many listings on the market [...]
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Edmonton Real Estate Market Weekly Update – April 27/12
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Edmonton Real Estate Market Weekly Update – Star Wars Day
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Edmonton Real Estate Market Weekly Update – May 11/12
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Edmonton: The epicenter of North America
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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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