A video today! Sheldon Johnston discusses pricing, marketing and how to find the best buyer for your home: Tomorrow….a double dose of stats – weekly and monthly on the same day! [...]
Archive | July, 2008
How Much Value Does Landscaping Add To A Home?
The value of landscaping is truly in the eye of the beholder – one person’s paradise may be another person’s wasteland. A beautifully landscaped yard loaded with perrenials and vegetables may appeal to someonewith a green thumb, but won’t appeal to those who don’t enjoy or have time for gardening. Of course the opposite can apply – a no [...]
Weekly Update on the Edmonton Real Estate Market
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New listings: 476 (599, 617, 550)# Sales: 286 (293, 254, 273)Ratio: 60% (49%, 41%, 50%)# Price changes: 480 (554, 511, 522)# Expired Listings: 162 (270, 261, 787)# Canceled/withdrawn/terminated listings: 63 (65, 55, 158)Net loss/gain in listings this week: -35 [...]
The Money Pit
The river city is gorgeous right now. It’s definitely a pleasure to show properties when the trees and flowers are in bloom. One of the nicest communities in the Edmonton area would have to be Belgravia – for its distance to the university, downtown and the river valley. But even gorgeous neighborhoods have their "Money pits."Recently I showed a [...]
New Home Listings in Edmonton
Last week we discussed a press release from the Canadian real estate association that talked about real estate market trends in Canada. One of the things the press release mentioned was:"New listings reached record or near-record levels in Toronto, Vancouver, Ottawa, Regina, and Saskatoon. This more than offset a decline in new listings in Edmonton and Calgary, which continue retreating [...]
What Areas of Edmonton are Selling the Best?
I was chatting with someone the other day on our cool little chat doo-hickey-thingy (look down and to your left) and they wanted to know what areas of the city were churning through the inventory and what areas were moving slower. So I did some searching in the MLS database and got the answer. The chart below shows the absorption [...]
Weekly Update on the Edmonton Real Estate Market
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New listings: 599 (617, 550, 558)# Sales: 293 (254, 273, 321)Ratio: 49% (41%, 50%, 58%)# Price changes: 554 (511, 522, 563)# Expired Listings: 270 (261, 787, 72)# Canceled/withdrawn/terminated listings: 65 (55, 158, 163)Net loss/gain in listings this week: -29 [...]
Flaherty Speaks: “No Bubble!”
"There is no bubble in the Canadian housing sector."That’s what Jim Flaherty told reporters in Calgary yesterday. He says there is concern with the longer amortizations, and home purchases with little or no money down (hence the changes made last week to government-backed mortgages) but "Flaherty said he isn’t fretting about the health of Canada’s banks, even as subprime mortgage [...]
Blame Alberta! Whether Prices go up or Down it’s Our Fault!
When prices were skyrocketing, Alberta was praised for bringing up the national average sale price, and now prices are falling and we are to blame for that too! At least according to the media interpreting stats released by the Canadian Real Estate Association yesterday. According to the report new listings have reached record levels nationally (up 8% from the [...]
How NOT to Expire: Top 4 Tips to Improve the Salability of Your Home
We had planned on posting this last week, but got interrupted by the changes to mortgages in Canada. So without further adieu… A simple salability checklist. This is not intended to be an all purpose list but it is intended to help some people give their heads a shake. Here are my top four tips to avoid having your listing [...]
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Edmonton Real Estate Market Weekly Update – Jan. 6/12
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Edmonton Real Estate Market Weekly Update – Jan. 20/11
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Edmonton Real Estate Market Weekly Update – Jan. 13/12
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What’s going on with Condo Prices in Edmonton?
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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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