I'm sitting in the lounge of the Banff Springs hotel over looking the mountains after several full days of presentations, meetings and seminars and admitedly a few late nights out at the Banff Western Connection. A bi-annual conference of the Western Canadian Real Estate Boards. As I type this Sara is catching yet another session. She is such a keener. Many [...]
Archive | January, 2009
Edmonton Real Estate Market 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: 382 (446, 390, 380)# Sales: 167 (145, 111, 82)Ratio: 44% (33%, 28%, 22%)# Price changes: 233 (274, 242, 156)# Expired Listings: 106 (197, 215, 171)# Canceled/withdrawn/terminated listings: 19 (23, 21, 11)Net loss/gain in listings this week: 90 [...]
First Time Buyer Online Seminar – Extra Spots Available
We have some extra space in tonight's first time buyer seminar – if you'd like to attend click the button below to register.In the seminar we discuss:Common mistakes buyers makeMortgages and pre-approvalsThe purchase contract including deposits, conditions, down payment, inspections, chattelsCosts – how much $$ and when?Closing/Taking possession of your homeQuestion periodThe number of attendees is limited by the software [...]
Canadians Optimistic About Housing Market: Royal Lepage
A recent poll commissioned by Royal LePage found that almost half (49%) of Canadians surveyed agree that the economic stimulus measures anticipated as part of tomorrow's Canadian federal budget announcement will have a positive impact on Canada's real estate market.Based on the comments on this blog, I'm not sure if they included any Albertans in their poll… just kidding…82% [...]
Edmonton Real Estate Market Weekly Update – Sales Sluggish
Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 446 (390, 380, 94)# Sales: 145 (111, 82, 37)Ratio: 33% (28%, 22%, 39%)# Price changes: 274 (242, 156, 94)# Expired Listings: 197 (215, 171,851)# Canceled/withdrawn/terminated listings: 23 (21, 11, 13)Net loss/gain in listings this week: 81 (43, [...]
War Profiteering!
You have to love the media. A while back I was contacted by Joanne Latimer with the Ottawa Citizen with regards divorce and real estate. The title of the resulting article was title "War profiteering." Catchy huh? The full article is found here:http://www.ottawacitizen.com/Life/profiteering/1188577/story.htmlWe have talked about divorce before on our blog. The differences in perspective of the contributors is noteworthy. I guess [...]
Our First Online Seminar a Success
Last night we held our first online seminar for first time home buyers and it was a great success. Aside from some issues with the audio (which we hope to fully resolve before next week's seminar) everything went off without a hitch. A big thanks to everyone who attended – there were a lot of great questions and we received [...]
Edmonton Condos: Old VS New
Every now and again on our blog a debate about new vs resale pops up. One such discussion relating to condos the other day made a light bulb in my head go off.In the recent past there have been plenty of law suits from recently completed condo projects; the new owners of projects around Edmonton are suing the devlopers who built [...]
Feedback on Showings
We had lunch recently with two of our favourite REALTORS. Although they work out of a different brokerage we often work together on some problem solving issues. Both of them were noticing a disturbing trend… Some agents (who for whatever reason don’t want to do their job) are coaching their clients to call the buyer's agents directly for feedback after showings. It [...]
Edmonton Real Estate Market 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: 390 (380, 94, 107)# Sales: 111 (82, 37, 65)Ratio: 28% (22%, 39%, 61%)# Price changes: 242 (156, 94, 75)# Expired Listings: 215 (171,851, 184)# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)Net loss/gain in listings this week: 43 (116, [...]
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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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