Recently the city of Edmonton sent out notices to Edmonton home owners about their tax assessments. We are getting a lot of questions about this – many home owners want to know how much the average prices have changed since July 1, 2008, when their property was assessed by the city. First off, the value of your home does not [...]
Archive | January, 2009
Buying Your First Home in Edmonton: Online Seminar
If you are iInterested in learning about buying real estate in Edmonton, here is your chance to learn from the comfort of your own home! Sheldon Johnston of Coldwell Banker Johnston Real Estate and co-author of the Edmonton Real Estate Blog will host an online seminar covering the basics of buying property in Edmonton. Date: January 27, 2009 – FULLY [...]
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: 380 (94, 107, 200)# Sales: 82 (37, 65, 107)Ratio: 22% (39%, 61%, 54%)# Price changes: 156 (94, 75, 159)# Expired Listings: 171 (851, 184, 258)# Canceled/withdrawn/terminated listings: 11 (13, 17, 31)Net loss/gain in listings this week: 116 [...]
Live Blogging from the 2009 Edmonton Housing Forecast Seminar
Sheldon, Nathan, Derek, Lisa and I (and over 800 other people) are at the annual 2009 Housing Forecast Seminar presented by the Realtor's Association of Edmonton this morning at the Shaw Conference Centre. This year there were a record number of attendees, probably because we're all looking for answers in the time of "economic uncertainty." Sheldon and I always attend [...]
Edmonton Real Estate Market Annual Report
When you look at the overall stats for the Edmonton MLS, 2008 doesn't look like such a bad year after all. The overall average sale price for residential real estate dropped 5.7% in 2008 from $329,705 on January 1 to $310,974 on December 31. Total residential sales were down 15% in 2008 compared to 2007, and were similar to what [...]
What to do when your listing expires
If you're trying to sell your Edmonton home, and your listing expired in the past few months, you're certainly not alone. In fact, since September almost 6000 listings expired in Edmonton – about 50 more listings expired than sold!In other words, you had a better chance of expiring than you did selling over the past few months. If you're [...]
Edmonton Real Estate Update – Monthly and Weekly Stats
2008 went out with a fizzle…at least as far as real estate was concerned. December is always a slow month for real estate sales in Edmonton, but this December takes the cake. We didn't break the 600 mark for sale – 599 MLS sales could make this the slowest December on record! (Note – there have been no new sales [...]
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Edmonton Real Estate Market Weekly Update – April 27/12
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Edmonton Real Estate Market Weekly Update – Star Wars Day
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Edmonton Real Estate Market Weekly Update – May 11/12
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Edmonton: The epicenter of North America
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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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