My smile widens with each passing day and each member of my team returns from their holidays. The weekend was great weather to show properties in. Sure beats -30! Even though I was short Sara who was volunteering at the “jump with hope for kids with cancer” horse show to raise money for kids with cancer research, as well as [...]
Archive | July, 2008
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: 617 (550, 558, 686)# Sales: 254 (273, 321, 310)Ratio: 41% (50%, 58%, 45%)# Price changes: 511 (522, 563, 693)# Expired Listings: 261 (787, 72, 74)# Canceled/withdrawn/terminated listings: 55 (158, 163, 290)Net loss/gain in listings this week: 47 [...]
Breaking News – No More Zero Down, 40 Year Mortgages
We interrupt the current programming to bring you this breaking news. According to CTV news the Federal government is making significant changes to some controversial lending protocols in Canada. The main change is the elimination of the 40 year amortization, the second amounts to the elimination of O% down mortgages being eligible for mortgage insurance.To be completely honest this has [...]
Expired? Expect the Unexpected.
If you’re one of the hundreds of Edmonton home owners who’ve recently had you’re listing expire I bet you never thought that after months on the market your listing would end by expiring instead of selling.So what happended? Many times I get asked this question (more and more frequently it seems these days). Usually with the seller’s frustration directed [...]
Just How Does MLS.ca Work?
Occassionally we get phone calls from home owners asking why their home doesn’t have photos on MLS.ca, or why their listng doesn’t have the same information as another in their area – apparently some people think WE are the MLS! I can assure you we are not the MLS, we are just a small brokerage in West Edmonton. That being [...]
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: 550 (558, 686, 627)# Sales: 273 (321, 310, 257)Ratio: 50% (58%, 45%, 41%)# Price changes: 522 (563, 693, 628)# Expired Listings: 787 (72, 74, 202)# Canceled/withdrawn/terminated listings: 158 (163, 290, 62)Net loss/gain in listings this week: -668 [...]
Edmonton Real Estate Market: Has Inventory Peaked?
The numbers are out for the Edmonton real estate market for June 2008. You may remember back in April we predicted inventory would peak by June and it looks as though it may have peaked in May. The number of new listings in June was down from May by 7% to 3985 which had more of an impact on [...]
Monthly Update Coming Soon
My sincerest apologies for not having the monthly stats updated yet. There are 8 people who work at our company, 6 of whom are currently on vacation so Sheldon and I are focused on our client’s needs at the moment. As soon as the board releases the monthly figures I’ll be able to post our update but I won’t be [...]
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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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