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.pdfA few of the highlights:Total starts in March [...]
Archive | April, 2009
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 10 deals or less less [...]
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(252, 203, 271)Ratio: 62% (60%, 43%, 64%)# Price changes: 276 (196, 252, 253)# Expired Listings: 134 (138, 110, 348)# Withdrawn/terminated/etc.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 listings this week: -19 (12, [...]
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 3011 now, with lots of [...]
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 conditions is commonly subject to [...]
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 listings this week: 16 (125, [...]
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 agent who showed the property [...]
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 offer, but there are still [...]
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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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