Canada Mortgage and Housing Corporation released their "Housing Now" press release today that talks about housing starts and the overall economic climate in Edmonton today. Most of the stuff in the report is stuff that we've already talked about here, but it is an interesting read – you can view it here: http://www.cmhc-schl.gc.ca/odpub/esub/64171/64171_2009_M04.pdf
A few of [...]
Archive | April, 2009
Edmonton Housing Starts Still Slow
We’re looking for REALTORS who give exceptional service
Even though the economy is shrinking, we're still growing and looking for some exceptional people to join our team. If you've thought about a career in real estate, or are considering a new brokerage check out our new site all about working at Coldwell Banker Johnston.
Full Time or Part Time?
In the last addition of the Real Estate Marketing Magazine a circuit speaker talked about the 90/10 principle – 90% of the business is done by 10% of the Realtors. He was trying to de-bunk the 90-10 as a myth. If my memory serves, almost two thirds of the members of the REALTORS Association of Edmonton did [...]
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: 486 (418, 474, 423)# Sales: 300 (252, 203, 271)Ratio: 62% (60%, 43%, 64%)# Price changes: 276 (196, 252, 253)# Expired Listings: 134 (138, 110, 348)# Withdrawn/terminated/etc. listings: 71 (16, 36, 40)Net loss/gain in [...]
Edmonton Realtors Stickin’ In There
A few times on the blog we eluded to the idea that when the real estate association fees were due in March we would see a large drop off in the numbers of Realtors in Edmonton. Well, we were wrong…Turns out the membership has only dropped slightly from 3139 at the end of March to [...]
Attention Condo Boards and Management Companies: A Simple tip to Save Time, Money & Paper
Thousands of times this year the following scene will be replayed. An owner of a condo in Edmonton will decide to sell and list their property on MLS. Once they get the buyer they pretty much have it made right? Wrong. Usually the buyer will have conditions in their offer and one of those [...]
Has the Edmonton Real Estate market bottomed out?
Some are calling for the end of falling prices in the Edmonton real estate market.
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: 418 (474, 423, 412)# Sales: 252 (203, 271, 256)Ratio: 60% (43%, 64%, 62%)# Price changes: 196 (252, 253, 264)# Expired Listings: 138 (110, 348, 89)# Withdrawn/terminated/etc. listings: 16 (36, 40, 20)Net loss/gain in [...]
Multiple Offers – What would you do?
The set up
You're the agent for the seller and you’ve priced the property aggressively. You’ve been on the market a few days and Bert from Bert’s buyers reps gives you a call that he has an offer on your property and would like to get it presented to the seller. Not long after the [...]
The Terminator
When a listing disappears from Realtor.ca, it is hard to know if it will be "asta la vista, baby," or "I'll be back."
In real estate there are a number of different categories when a listing comes off the market - what happens when listings on MLS aren’t Active or Sold?
Pending – This means the seller has accepted an [...]
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Edmonton Home Sellers Stand Their Ground
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Market Value – Just How Much is That Home Worth?
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Prices Catch up to the Market
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Weekly Update on the Edmonton Real Estate Market
Photos on flickr
About Us
The Edmonton Real Estate Blog is published by Coldwell Banker Johnston real estate.
The authors, Sara MacLennan and Sheldon Johnston are both licensed real estate associates in the province of Alberta.
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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