Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New listings: 450 (516, 523, 538)# Sales: 228 (276, 310, 262)Ratio: 51% (53%, 59%, 49%)# Price changes: 461 (469, 519, 448)# Expired Listings: 162 (269, 219, 552)# Canceled/withdrawn/terminated listings: 47 (54, 77, 33)Net loss/gain in listings this week: 13 [...]
Archive | August, 2008
The Complaints Department is Closed (Sort of)
Ok, I need to take a minute and vent… I get an email almost every day, from a "loyal" or "faithful" blog reader, who loves our blog (yay!) and has hired someone else to sell their home and has a problem with them (boo!). They want to know what they can do…. My first reaction is – why are you [...]
Who is in the driver’s seat?
Ultimately anything can happen in real estate. Even the best instincts and prepartion can leave you unprepared for the unexpected.As a buyer in Edmonton today you are pretty much in the driver’s seat unless the seller has marketed their property and priced it extremely well. For the most part that can be a pretty confident place to negotiate from if [...]
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: 516 (523, 538, 528)# Sales: 276 (310, 262, 296)Ratio: 53% (59%, 49%, 56%)# Price changes: 469 (519, 448, 466)# Expired Listings: 269 (219, 552, 608)# Canceled/withdrawn/terminated listings: 54 (77, 33, 47)Net loss/gain in listings this week: -83 [...]
Top 3 Deadly Sins of Real Estate
The three deadly sins of real estate: [...]
Part Time Office Admininstrator Needed
We need help! We are looking for an administrative assistant to work Monday to Friday or Tuesday to Saturday from noon-4pm or 1-5pm. No real estate experience is necessary, but computer and phone skills are a must. If you’re looking to work in a fun, fast paced environment, and are a quick learner who can multi task and work independantly [...]
Subject to Sale: Nobody Wins
Lately we’re receiving a lot of offers from buyers with a "subject to the sale of the buyer’s home" condition in the offer and these deals very rarely ever go together. The subject to sale condition basically means that the buyer’s offer is conditional on them selling their own home – if they don’t sell their home within an [...]
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: 523 (538, 528, 476)# Sales: 310 (262, 296, 286)Ratio: 59% (49%, 56%, 60%)# Price changes: 519 (448, 466, 480)# Expired Listings: 219 (552, 608, 162)# Canceled/withdrawn/terminated listings: 77( 33, 47, 63)Net loss/gain in listings this week: -83 [...]
Agency Relationships Video
I’ve got an opinion on everything, and for certain the only ones that are right are the ones that don’t contradict the love of my life’s opinions. I’m sure that’s like most relationships.There is a new video available that explains agency relationship in Alberta. I want unbiased opinions on this video so I won’t taint everybody with my perspective. Let [...]
Edmonton real estate market correction
A number of new articles in the Edmonton Journal yesterday and today with some interesting opinions on what is happening to real estate in Edmonton.Gary Lamphier writes: Our housing market’s correction is not a calamityBill Mah writes: Edmonton house-price hike Canada’s 5th lowestAnd the ever optimistic Neil Waugh of the Edmonton Journal writes: Housing Starts Spell GloomAll of this comes [...]
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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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