Archive | March, 2008
Weekly Update on the Edmonton Real Estate Market

Weekly Update on the Edmonton Real Estate Market

Hereis our much anticipated weekly update on the Edmonton real estate market. No, there was no conspiracy, there was no censorship, there was nothing to hide, we just figured we’d done enough stats last week. Lesson learned! (Last week’snumbers are in brackets, and the week before after that). For the past7 days: # New listings: 714 (752, 648, 599, 632)# [...]

Read full storyComments { 35 } del.icio.us Digg
A Deal That’s Too Good to be True

A Deal That’s Too Good to be True

Have you ever driven past one of those "I buy houses" signs and wondered what the deal is? Some offer a quick closing or no questions asked… it sounds too good to be true. The other day I got an email from a lawyer I deal with regularly who was looking for some insight into some of the rules [...]

Read full storyComments { 39 } del.icio.us Digg
A Guide to Buying Real Estate in Alberta, Part 6: Terms and Conditions

A Guide to Buying Real Estate in Alberta, Part 6: Terms and Conditions

Everyone has heard of a financing condition or an inspection condition, but there are many other conditions that are common in real estate. Offers may contain conditions that benefit the buyer or the seller or both. What is the difference between a term and a condition?From a real estate perspective, a condition is something that is demanded as an essential [...]

Read full storyComments { 27 } del.icio.us Digg
What is up with home prices in Edmonton?

What is up with home prices in Edmonton?

Most people have gotten used to the fact that there are a lot of properties for sale in Edmonton. They’ve gotten used to sales being slower, and they’ve gotten used to homes taking longer to sell. I think there is one more thing Edmontonians have gotten used to: higher prices. The number of homes for sale in Edmonton have gone [...]

Read full storyComments { 61 } del.icio.us Digg
Edmonton Real Estate Prices Rebound in February

Edmonton Real Estate Prices Rebound in February

I can’t believe it. Average real estate prices in the greater Edmonton area are up, see for yourself:Phew! We’re out of danger, everything in Edmonton is back to normal and prices will continue their upward climb! Lol…ok, maybe not. The news isn’t all good this month, but it is encouraging. First off, while sales are up they did not increase [...]

Read full storyComments { 14 } del.icio.us Digg
REALTORS Invade

REALTORS Invade

One of the first homes that I ever listed (about 20 years ago) was in the Burnwood community in Millwoods. It was a cute little home that looked like every other home on that street. There was nothing special about  it but my clients kept good very good care of the property and kept it really clean. I listed [...]

Read full storyComments { 5 } del.icio.us Digg