Archive | December, 2008
Check out a Different MLS Search

Check out a Different MLS Search

Many people have commented on this blog that they don’t like the new Realtor.ca MLS search. The Canadian Real Estate Association is working to solve all the problems with the new MLS search, in the meantime I’d like to suggest a different way of searching the MLS… We’ve started a web site specifically for Edmonton home buyers – www.FindMyEdmontonHome.com – [...]

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Oilers are now Stanely cup champions!!!

Oilers are now Stanely cup champions!!!

I don’t usually post emails I recieve. In fact I never have especially the very graphic ones I receive from a few die hards, if you know what I mean ;) .  This one though was too funny though given the current state of things.  So with out further adieu, from the Edmonton real estate blog humour files, the Edmonton Oilers [...]

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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: 286 (297 , 321, 356)# Sales: 125 (169, 162, 146)Ratio: 44% (57% , 50%, 41%)# Price changes: 297 (347, 321, 357)# Expired Listings: 503 (139, 231, 150)# Canceled/withdrawn/terminated listings: 46 (26, 36, 47)Net loss/gain in listings this [...]

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Are you missing the boat?

Are you missing the boat?

The week before Last week I had three different clients from different out of town locations, relocating to the Edmonton area for work reasons.  Between these buyers I showed about 75 properties. Except for one of these clients, none of them had any real knowledge about the Edmonton real estate market. One buyer lived here before but it was [...]

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Edmonton Home Sales: Price Per Square Foot

Edmonton Home Sales: Price Per Square Foot

A number of readers have requested a chart showing the sale price per square foot of homes and condos in Edmonton that goes further back than the one I’ve been publishing.You asked for it…. you get it:It definitely puts things into better perspective than the previous chart which only went back to Jan ’07. It took me a few hours [...]

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Edmonton Real Estate Update: It’s a Buyer’s Market

Edmonton Real Estate Update: It’s a Buyer’s Market

A big shout out to the Realtor’s Association of Edmonton for getting their monthly report out extremely quickly this month! The numbers we reported yesterday are correct, sales are down in Edmonton:“Our members report that there are a lot of potential buyers in the market but many are not ready to commit,” said Marc Perras, president of the REALTORS® Association [...]

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Preliminary Real Estate Market Update: Edmonton Real Estate Prices Hold Steady While Sales Slip

Preliminary Real Estate Market Update: Edmonton Real Estate Prices Hold Steady While Sales Slip

The preliminary monthly numbers show that prices held steady in November, while sales fell below the norm. As always, the numbers I report today will be verified with the monthly press release that the Realtors Association of Edmonton will release later this week. While the overall average sale price remained steady, taking a closer look at things you can [...]

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Edmonton New Home Construction Report

Edmonton New Home Construction Report

Canada Mortgage and Housing Council (CMHC) has released their monthly report on new home construction in the Edmonton area. Here is the long and the short of it:Overall Edmonton Residential Construction612 starts in October 2008, a 48% decline over last OctoberYear to date starts have fallen 54%New Construction: Edmonton Single Family HomesThere were 223 new starts in October 2008, a [...]

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