Ramses II got his real estate license today and realized that things don’t happen just because he says so anymore, especially when it comes to real estate. In an effort to sell the Valley of Kings, he has some real issues to figure out such as ownership, dower, hidden defects, and GST, among other things. The old days of telling [...]
Archive | December, 2007
Weekly Update on the Edmonton Real Estate Market: Dec 1 – 7
Here is our weekly update on the Edmonton real estate market. (Last week’s numbers are in brackets.)For the past 7 days: # New listings: 378 (342)# Sales: 206 (215)Ratio: 55 (63)# Price changes: 325 (285)# Expired Listings: 558 (132)# Canceled, withdrawn and terminated listings: 117 (153)Net loss/gain in listings this week: -503 (-158)Active listings for single family homes: 3309 (3576)Active [...]
Edmonton Real Estate Price Analysis
So here is a bit of a closer look at what has happened to real estate prices in Edmonton. The chart below shows the average price per month for the past 10 years. As you can see prices in Edmonton were on a long, gradual incline for many years. Then all of a sudden 2006 happened. No one could believe [...]
Prices Catch up to the Market
If you read back over the past few months, you’ll see that Sheldon and I were a bit surprised that prices were holding as strong as they were, given the sheer number of homes for sale in Edmonton. Well, I think the average price has finally caught up with the market. What’s interesting, is that this has occurred at a [...]
Edmonton’s Economy Hottest in Canada
CIBC World Markets reported yesterday:"For the first time on record, the City of Edmonton tops our cityranking in terms of economic momentum." Cool! We’ve still got momentum!Canwest news service said: "Edmonton’s weather may be cold but its economy isn’t, says CIBC WorldMarkets, which reported Monday that the Alberta capital has the hottestlocal economy in Canada, surpassing Calgary.Calgary, meanwhile, slipped into [...]
Think Inside the Box
Ok, found this article on CBC.ca today, there is a company turning cargo containers into housing. Sounds kind of crazy, but when you think about it, it seems like a pretty good idea. There is a serious shortage of housing for workers up north. They can just put these containers on a train, plunk them down (even stack them on [...]
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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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