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 [...]
I’m Not Flattered
by Sheldon Johnston and Sara MacLennan on 08. Nov, 2008 in Uncategorized
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 [...]
Weekly Update on the Edmonton Real Estate Market
by Sheldon Johnston and Sara MacLennan on 07. Nov, 2008 in Edmonton Real Estate Market, Real Estate Video, Weekly Update
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211)Ratio: 36% (40%, 38%, 57%)# Price changes: 376 (375, 471, 326)# Expired Listings: 578 (279, 166, 223)# Canceled/withdrawn/terminated listings: 47 (33, 47, 38)Net loss/gain in listings this week: -350 [...]
Steady Edmonton Real Estate Market Maintains Stability
by Sheldon Johnston and Sara MacLennan on 05. Nov, 2008 in Edmonton Real Estate Market, Monthly Stats
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 [...]
Special Victims
by Sheldon on 04. Nov, 2008 in Investing in Alberta Real Estate, Tips for Home Buyers, Tips for Home Owners
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 [...]
Edmonton Condo Prices Fall in October
by Sheldon Johnston and Sara MacLennan on 01. Nov, 2008 in Edmonton Real Estate Market, Monthly Stats
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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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.
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