Mayor Mandel and "The Minister’s Council on Municipal Sustainability" have recommended to the provincial governments that municipalities should be able to charge some form of a land transfer tax in Alberta. The interesting thing to me, being from Ontario where you can expect to pay a few thousand in land transfer tax when you BUY a home, is that this [...]
Archive | April, 2007
Don’t Get Stuck on List Price
I can’t tell you how many times I’ve heard a buyer say "I won’t pay over list price" or "I won’t compete with multiple offers." Currently in Edmonton, if you are seriously looking to buy a home you will have to consider the possibility of paying over list price, and competing with multiple offers. Consider two identical homes, with two [...]
Random thoughts on the market
I had an interesting conversation with one of my favorite home builders, from Hillview homes today. We had a frank discussion about the market and the new home industry. Below is a summary of our conversation paraphrased.Q. How are you dealing with the labour crunch and are we going to look back on homes built in 2006 & 2007 as [...]
Typical Day At Our Office
If you’re considering coming to meet with us to talk about buying or selling a home in the Edmonton area you may want to reconsider. Below is a picture of Trevor, a client from Nova Scotia (via Toronto) who came to Edmonton on the weekend to buy a condo with his wife. If you’re wondering, yes, we do regularly ask [...]
Dealing With Multiple Offers
This weekend Sheldon and I purchased a new home. We weren’t planning onmoving – actually we weren’t even thinking about moving – but when our neighbour’s home came up for sale, in a betterlocation and nicer than ours we thought we’d take a look, and of coursewe fell in love with it.The seller’s agent was using a strategy that we [...]
First Time Home Buyers World Wide Experiences
I just feel so special this week…we had the honour of meeting with Ron Chalmers from the Edmonton Journal to discuss trends in real estate in Edmonton on Wednesday, and yesterday I received a press release direct from Century 21′s PR company to post here on the blog, without having to wait and read about it somewhere else. Unfortunately it [...]
Multi-Family Units on the Rise in Edmonton
Is it a sign that single family housing is becoming more expensive, or that first time buyers are younger, or that we are running out of space for big single family homes in Edmonton? I think it’s a sign Edmonton is maturing into a larger urban centre; for the fourth consecutive month, new single family home starts declined in Edmonton, [...]
Hard to sell properties in the Edmonton area
Alternatively this could be labeled as properties not to buy. A reader submitted the following question while Sara and I were skiing. (Shawn sorry for the delay in getting this up for you – my day job got in the way). Below is his question and then my response.Q. Although there are variations, I think it’s safe to call this [...]
Alberta Growth Healthier
"…growth [in Alberta] is now reverting to healthier and more sustainable levels."I found that quote in an article published in the Edmonton Sun recently. Sounds like good news to me! The author of the article suggests that Realtors haven’t caught on to that fact yet so I published it here to prove him wrong 
Aside from that there is some [...]
Edmonton Real Estate Market Trend Report
Ok, I’ve posted the stats…now comes the good stuff. Looking at a bunch of data in columns on a spreadsheet tells us nothing about the trends in the market; to be honest, I don’t know how people come up with comments about trends in the market without looking at the data graphically. The only place you’ll find these charts is [...]
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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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