Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New listings: 373 (467, 367, 567)# Sales: 149 (177, 211, 237)Ratio: 40% (38%, 57%, 42%)# Price changes: 375 (471, 326, 429)# Expired Listings: 279 (166, 223, 211)# Canceled/withdrawn/terminated listings: 33 (47, 38, 36)Net [...]
Archive | October, 2008
Weekly Update – Don’t be tricked by a bad economy, many treats await for the Edmonton housing market
Edmonton Neighbourhoods: Queen Alexandra
The Queen Alexandra neighbourhood is located just south of the University of Alberta and has a number of well maintained older executive-style homes. Just over half of the homes in the area were built between 1961 and 1980. This area is attracting a number of new condominium developments, perfect for professional couples and families. [...]
The Long Play
I currently sit on an advisory board that oversees millions of dollars of investments for an insurance company. The rate of return on our investments has gone up 4.1% since the beginning of the year, even considering that the market average of the world’s stock indexes have gone down 20 – 30% in the [...]
A Call to Regulate Edmonton Home Builders
Everyone has opinions on why the supply of real estate is so high in some markets. I often hear that the problem was speculators, and 0 down mortgages and the like. Well that’s great but I didn’t sell a single speculator a property. Sold many for people looking for a good agent on their [...]
U-Haul Moving Box Exchange
U-Haul has set up an online message board for finding and getting rid of used moving boxes. I think this is a great idea! It seem like such a waste to buy new boxes when you have to move, and to just get rid of them after you’ve moved. Now you can find people [...]
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: 467 (367, 567, 479)# Sales: 177 (211, 237, 255)Ratio: 38% (57%, 42%, 53%)# Price changes: 471 (326, 429, 457)# Expired Listings: 166 (223, 211, 699)# Canceled/withdrawn/terminated listings: 47 (38, 36, 68)Net [...]
What’s Up With Mortgages?
We’re getting a lot of questions lately about mortgages, so we thought we’d get an expert to answer some of them. Gord McCallum, the Broker at First Foundation Mortgages here in Edmonton has provided some answers below, and will be contributing to the blog periodically to update us on what’s going on with mortgages.
Is [...]
Repair or Rebate?
When looking for a home, many people find a home that is almost perfect for them. Great location, great floor plan, great price…but there are always a few things that aren’t perfect.
Common examples:
The furnace is old
The carpets are stained
The appliances are old
A window needs to be repaired or replaced
It needs to be [...]
Don’t Rent Out a New Home!
We’ve written about this before, but many people don’t believe it will happen to them. Well, we’ve put together some photographic evidence of what can happen to a new home, after tenants have had their way with it.
Example 1: These floors are only 6 months old:
The tenants in this home not only destroyed the hardwood, [...]
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: 367 (567, 479, 434)# Sales: 211 (237, 255, 274)Ratio: 57% (42%, 53%, 63%)# Price changes: 326 (429, 457, 441)# Expired Listings: 223 (211, 699, 209)# Canceled/withdrawn/terminated listings: 38 (36, 68, 49)Net [...]
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Edmonton Home Sellers Stand Their Ground
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Market Value – Just How Much is That Home Worth?
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Prices Catch up to the Market
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Weekly Update on the Edmonton Real Estate Market
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About Us
The Edmonton Real Estate Blog is published by Coldwell Banker Johnston real estate.
The authors, Sara MacLennan and Sheldon Johnston are both licensed real estate associates in the province of Alberta.
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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