If you own property in Edmonton you should have received your city tax assessment in the mail recently. You probably noticed your tax assessment is much higher this year than last year. There is a BIG misconception out there, that if property values go up by say 50%, then property taxes go up 50%.That is completely false. If it [...]
Edmonton Property Taxes: A Higher Assessment Does Not Always Mean Higher Taxes
by Sheldon Johnston and Sara MacLennan on 05. Jun, 2008 in Around Edmonton
Edmonton Real Estate Complete Monthly Stats for May 2008
by Sheldon Johnston and Sara MacLennan on 04. Jun, 2008 in Edmonton Real Estate Market, Investing in Alberta Real Estate, Monthly Stats, Tips for Home Buyers, Tips for Home Owners
Prices are stable, sales are seasonally normal, the market is balanced…it’s barely newsworthy. The only thing to talk about is the high inventory and the craziness we saw in the past two years. So, I’ve done some extra charts this week for some added interest. From this chart you can see inventory usually peaks somewhere between May and August, so [...]
Don’t Shoot the Messenger
by Sheldon on 03. Jun, 2008 in Edmonton Real Estate Market
What a crazy week! Start it with surgery (the non urgent kind that keeps getting put off by surgeons until they find the worst spot in your schedule and decide to do it then), add to that your office moving after being located in the same location for the past 10 years, and for fun throw in the current [...]
Edmonton Real Estate Market Remains Balanced
by Sheldon Johnston and Sara MacLennan on 02. Jun, 2008 in Edmonton Real Estate Market, Monthly Stats
The preliminary numbers for May are out and it looks like the real estate market is still statistically balanced in Edmonton. I have to say though, it doesn’t feel all that balanced. The phones aren’t exactly ringing off the hook. That being said there have been 1820 sales reported so far for May (about the same as last month) which [...]
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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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