Archive | November, 2008
Boy do I feel stupid…

Boy do I feel stupid…

On June 17th of this year I wrote a post "Mr Snowman tells no lies".  At the time I was astounded by the number of properties for sale that still had snow on their front pictures.  Now I realize that I was the stupid one.  Some people still have those pictures up.  In the next few weeks we’ll be running [...]

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I’m Not Flattered

They say that copying someone is the highest form of flattery… Well, I’m not feeling very flattered today. Every once in a while we find one of our articles copied and pasted onto someone else’s blog. Well today, thanks to an anonymous tip, we found a REALTOR in Sherwood Park has been repeatedly copying our posts and charts onto his [...]

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Weekly Update on the Edmonton Real Estate Market

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: 430 (373, 467, 367)# Sales: 155 (149, 177, 211)Ratio: 36% (40%, 38%, 57%)# Price changes: 376 (375, 471, 326)# Expired Listings: 578 (279, 166, 223)# Canceled/withdrawn/terminated listings: 47 (33, 47, 38)Net loss/gain in listings this week: -350 [...]

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Steady Edmonton Real Estate Market Maintains Stability

Steady Edmonton Real Estate Market Maintains Stability

There was an interesting comment from Ron Hutchinson (EVP of the Realtor’s Association of Edmonton) in the Edmonton Journal today:"I think if we get our numbers down to around 6,000 units, that’s likely where we’ll see a balanced market as far as inventory is concerned."Makes sense to me….but when will this happen? For the past five months the inventory [...]

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Special Victims

Special Victims

Even in the information age with the ability to research copious amounts of real estate information online, there are people (we call them unawarites) that make some seriously stupid mistakes – don’t become one of these special victims of real estate:The know it all – This person can’t be educated on anything and they always know more than [...]

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Edmonton Condo Prices Fall in October

Edmonton Condo Prices Fall in October

Well, this month’s stats show just how unusual last month’s numbers really were. In fact, if you took last month out of the picture October would look downright normal, just as we had expected it would look since late spring. However, when you compare this month to last it looks downright rotten – beware of the headlines when the board [...]

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