Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
Busy busy week! We thought our office was busy but it looks like the market is picking up. 62% sales to new listings ratio – that is technically a seller's market. I wasn't expecting [...]
Edmonton Real Estate Market Weekly Update
by Sheldon Johnston and Sara MacLennan on 27. Mar, 2009 in Edmonton Real Estate Market, Investing in Alberta Real Estate, Weekly Update
To Kandahar With Love – The Power of Action
by Sheldon on 26. Mar, 2009 in Around Edmonton
This is a little off topic so I hope you'll bear with me…
Anyone who has worked with our company and has met my mom knows what a dynamic personality she is and most importantly her passion for people and their story. About a month ago she read an article in “Our Canada” magazine about a Capt. [...]
Posting Season
by Sheldon on 24. Mar, 2009 in Uncategorized
Annually a ritual is played out in the Edmonton real estate market. This often over looked influence on the Edmonton real estate market is the Military – posting season is upon us. Annually the military posts its orders to their personnel and ships them all over Canada and the world.
Edmonton is the headquarters for [...]
Edmonton Real Estate Market Weekly Update
by Sheldon Johnston and Sara MacLennan on 20. Mar, 2009 in Edmonton Real Estate Market, Investing in Alberta Real Estate, 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: 459 (425, 449, 444)# Sales: 203 (214, 218, 202)Ratio: 44% (50%, 49%, 45%)# Price changes: 235 (266, 238, 275)# Expired Listings: 121 (88, 351, 102)# Withdrawn/terminated/etc. listings: 32 (33, 36, 31)Net loss/gain [...]
A Worthwhile Canadian Initiative
by Sheldon Johnston and Sara MacLennan on 19. Mar, 2009 in Alberta's Economy, Canadian Real Estate
The headline for this article once won an award - for the most boring headline! The article I pulled it from was re-published on the "Invest in Edmonton Real Estate Blog" today and it is absolutely worth reading. It is an article that appeared in Newsweek last month, that talks about the global financial crisis and how [...]
A Dangerous Assumption
by Sheldon on 19. Mar, 2009 in Tips for Home Buyers
When you’re buying a condo there’s a lot to look at. A single detached home where the nuts and bolts are pretty much evident and available to an inspector is relatively easy compared to the issues facing a condo buyer. With a condo there are the added issues of financial management on top of the [...]
Marketing Matters
by Sheldon on 17. Mar, 2009 in For Sale By Owner, Tips for Home Owners
As I read other real estate blogs I realize why people are skeptical of REALTORS. Only the good information is presentend and the only interpretation is a positive spin. We try to present a balanced picture on this blog, but by nature we’re positive. No matter who you read, one thing for sure is the Edmonton real estate market [...]
Edmonton real estate market weekly update
by Sheldon Johnston and Sara MacLennan on 13. Mar, 2009 in 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: 425 (449, 444, 405)# Sales: 214 (218, 202, 188)Ratio: 50% (49%, 45%, 46%)# Price changes: 266 (238, 275, 224)# Expired Listings: 88 (351, 102, 131)# Withdrawn/terminated/etc. listings: 33 (36, 31, 26)Net loss/gain [...]
Edmonton Foreclosures 101: Buying a Foreclosure Property
by Sheldon Johnston and Sara MacLennan on 12. Mar, 2009 in Canadian Real Estate, Foreclosures, Investing in Alberta Real Estate, Real Estate Law, Tips for Home Buyers, Tips for Home Owners
This is the fifth and final post in our series on foreclosures written by Stan Galbraith of Galbraith Law. The previous parts in the series were Foreclosures Part 1, The Redemption Period, Court Ordered Sale and Mortgage Insurance.
Buying a Foreclosure PropertyBuying a foreclosure property is a complex endeavor. Four points to remember:
The court is the seller.
The [...]
New Home Construction in Edmonton Still Slow
by Sheldon Johnston and Sara MacLennan on 09. Mar, 2009 in Edmonton Real Estate Market, Investing in Alberta Real Estate
As we've been reporting for well over a year, new home construction in Edmonton is still slow. A report released by Canada Mortgage and Housing (CMHC) today shows this year is even slower than last year:
Total housing starts in the greater Edmonton area in February were 213, down from 692 last year and 1106 in [...]
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