Just as we've seen for many months in a row, housing starts in Edmonton in January remained low. Total starts in January were 413 – 147 were single family homes and 266 were multi-family. Only 86 single family starts were within the city limits. Compared to other parts of the province, multi-family starts were down 72% in Edmonton, 89% in [...]
Archive | February, 2009
Foreclosures 101: Redemption
The second in our series about foreclosures, today's article written by Stan Galbraith of Galbraith Law talks about "the Redemption Period." Part 1 is available here. Every owner has a ‘right of redemption’. The standard time for a ‘right of redemption’ in Alberta is six months. The owner is given six months after the lawsuit is started to redeem the mortgage or [...]
Edmonton Real Estate Market Weekly Update – Sales Picking Up
Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 506 (382, 446, 390)# Sales: 185 (167, 145, 111)Ratio: 37% (44%, 33%, 28%)# Price changes: 252 (233, 274, 242)# Expired Listings: 388 (106, 197, 215)# Canceled/withdrawn/terminated listings: 29 (19, 23, 21)Net loss/gain in listings this week: -96 [...]
Home Sales Up 20% but Down 40%
Huh?I guess it all depends who you ask… The Realtor's Assocation of Edmonton reported yesterday that home sales in Edmonton increased 20% over December and prices were up in all categories. The Edmonton Journal reported today that sales "took a 40% tumble" and that "every indicator faired worse" than last January. I guess it is all a matter of perspective!Anyway, here are the [...]
Edmonton Foreclosures 101 – Part 1
As promised we have a series of articles for you on foreclosures. The first part of the series is written by Stan Galbraith of Galbraith Law. Real estate insiders will instantly recognize Stan's name as he provides regular articles to the real the real estate industry. He is regularly featured in the "Weekly review," a weekly update provided to members of [...]
First Time Buyers Back in Edmonton?
Although sales in January were quite slow, it seems as though properties in the lower price ranges are selling quite well. At our office we have noticed a marked up-tick in the number of first time buyers we are working with, and since sales in the lower prices ranges are quite strong it could be that many of the first [...]
-
Edmonton Real Estate Market Weekly Update – April 27/12
-
Edmonton Real Estate Market Weekly Update – Star Wars Day
-
Edmonton Real Estate Market Weekly Update – May 11/12
-
Edmonton: The epicenter of North America
Photos on flickr
Find us on Facebook
221 people like Edmonton Real Estate Blog.
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.
Deer Valley Gardens
Leduc Condos
These brand new, affordable, 3 bedroom, 2.5 bathroom townhomes with attached garages in Deer Valley Gardens in Leduc, AB feature granite countertops, fireplaces, laminate floors, maple cabinetry and more. Starting at $249,800.
