Here is our weekly update on the Edmonton real estate market. (Last week’s numbers are in brackets, and the week before after that). For the past 7 days: # New listings: 648 (599, 632)# Sales: 275 (246, 243)Ratio: 42% (41%, 38%)# Price changes: 384 (372, 286)# Expired Listings: 201 (134,109)# Canceled, withdrawn and terminated listings: 51 (44,52)Net loss/gain in listings [...]
Archive | February, 2008
The Truth About Feedback
You’ve worked hard to get your home ready for showings, and big moment arrives and you get a call for an appointment or two or three.The buyers arrive at the appointed time and you head out so the buyers can view your home comfortably. Dreams of sugar plumb fairies dance about your head as you envision an over list [...]
Stirring it up…
Some days you just need to stir things up. Why not, since September I’ve listened to shitidiots cry wolf about crashes and other crazy musings as to why the market is going down. Unfortunately for most of them who can barely scratch any credibility out of there nose it hasn’t happened. Oh but they do try… Then there’s those [...]
3 Investor Tips for Taking Over Edmonton…Then the world…muh ha ha
Some simple investment considerations for purchasing investment properties in Edmonton or just about anywhere else. Recently a young sponge for everything real estate told me a story about an investment seminar he attended. He said he didn’t really learn much because it was the free one, but they pushed another seminar saying you’ll learn more. So he paid for the [...]
Who’s Bob?
From time to time our commenters post a stat referencing Bob Truman’s site www.dailystats.ca on our blog.When we first started blogging, I’d be like "who the hell is Bob Truman?" Now its more like where’s Bob? But that’s another story. Anyway, after awhile curiosity lead me to check out Bob’s blog. Over a year and a half later people will [...]
Weekly Update on the Edmonton Real Estate Market
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listings: 599 (632)# Sales: 246 (243)Ratio: 41% (38%)# Price changes: 372 (286)# Expired Listings: 134 (109)# Canceled, withdrawn and terminated listings: 44 (52)Net loss/gain in listings this week: 175 (228)Active listings for single family homes: 2971 [...]
Consumer Confidence Takes a Hit in Alberta
"There is "slow erosion" of optimism that perhaps can be attributed to the slowdown in the natural gas side of the petroleum industry, where layoffs and idle equipment have been witnessed over the past six to eight months," according to a survey of 727 Albertans.The poll completed by PricewaterhouseCoopers and Leger Marketing measured consumer confidence in Alberta and showed that [...]
Does GST Apply to the Sale of Your Home?
You know somethings just seem so simple… Does GST apply to the sale of your home? Absolutely not! Well, maybe. Actually, generally no, but possibly. You must be thinking, "you moron, it’s simple! There’s no GST applicable on a resale home." LOL…Assumptions are dangerous. (I’m certain I’ve said this before.) The fact of the matter is, the only one who [...]
Weekly Update on the Edmonton Real Estate Market
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: 632 (730)# Sales: 243 (232)Ratio: 38% (32%)# Price changes: 286 (274)# Expired Listings: 109 (363)# Canceled, withdrawn and terminated listings: 52 (38)Net loss/gain in listings this week: 228 (97)Active listings for single family homes: 2866 (2772)Active [...]
Bought at the Peak of the Market? Simple Tips to Protect Your Investment
Thanks to Phil for sending in this question: “I am sure that I am not the only one out there, who bought my house at the May 2007 ‘peak’. I am not a property investor, just a home owner. I am familiar with what house prices have done since then, but the question I really have is this: What [...]
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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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